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Tag: Michaels

Walmart veteran to take the reins at Michaels

The Michaels Companies has named its second CEO in just two months. The nation’s largest arts and crafts retailer named Walmart e-commerce executive Ashley Buchanan as president and chief executive officer. His appointment comes just about two months after Michaels tapped interim CEO Mark Cosby to fill the job. The retailer said that Cosby will …

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Michaels names Walmart executive as new CEO in leadership shuffle

A display at a Michael’s store Source: Michael’s Michaels is replacing its new CEO Mark Cosby after just over two months, hiring Walmart executive Ashley Buchanan to run the arts and crafts retailer as part of a leadership shuffle announced Friday. Michaels shares were up more than 15% in midday trading following the news. Buchanan …

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A.C. Moore going out of business; some stores to reopen as Michaels

The A.C. Moore chain of arts and crafts stores is calling it quits. Parent company Nicole Crafts has decided to exit its retail operations as part of a broader strategic plan. The company has retained the retail and real estate divisions of Gordon Brothers to close A.C. Moore stores. (A.C. Moore operates more than 145 …

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Michaels adds new position to its exec leadership team

Get great content like this right in your inbox. Subscribe The Michaels Companies has tapped a Dick’s Sporting Goods executive to head up its omnichannel efforts. Michaels, the nation’s largest arts and crafts retailer, appointed Vidya Jwala to the newly created role of chief customer officer, responsible for the creation of an omnichannel, customer-centric business strategy …

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