MORE THAN HALF A CENTURY OF CREATIVITY
From the beginning we have dedicated ourselves to inspiring and nurturing the creative pursuits of our customers.
Michael J. Dupey, a Dallas businessman, debuts Dupey Enterprises, Inc. - the company that would open the very first Michaels store.
The first Michaels store opens, located at Northtown Mall in Dallas, Tx.
There are 26 stores.
Michaels enters Canada with two stores in Toronto. Michaels opens two framing locations in Houston that will later become Artistree, our frame manufacturing subsidiary.
Michaels reaches $1B in sales and acquires the 71-store Aaron Brothers chain.
Michaels begins trading on the NYSE under the symbol MiK.
Michaels CARES is formed to assist Team Members in their times of greatest need.
Michaels celebrates its 1000th store opening, updates its logo and becomes "Where Creativity Happens."
Michaels reaches $4B in annual sales.
Michaels starts selling The Original Rainbow Loom®, a product that would go on to win Toy of the Year.
After a period as a private company, Michaels becomes a publicly-traded company on the NASDAQ with 50,000 Team Members.
Michaels names Starlight Children's Foundation® its U.S. and Canadian charity partner.
Michaels acquires Lamrite West, Inc., which in cludes Pat Catan's Craft Stores and Darice, Inc.
Michaels announces the closing of 97 full-size Aaron Brothers stores.
Michaels names Boys & Girls Clubs of America and Boys & Girls Clubs of Canada as its exclusive charity partners.