Michaels Stores, Inc. (Michaels) is an arts and crafts specialty retailer in North America providing materials, ideas and education for creative activities. The Company also offers a variety of classes, demonstrations, and family-focused events to inspire its customers with product ideas and information. As of March 30, 2009, the Company operated 1,015 – more... Michaels retail stores in 49 states, as well as in Canada, averaging 18,300 square feet of selling space per store. Its stores offer arts and crafts supplies and products for the crafter and do-it-yourself home decorator. Michaels also operated 157 Aaron Brothers stores as of March 30, 2009, in nine states, averaging 5,500 square feet of selling space per store, offering photo frames, a line of ready-made frames, custom framing services, and a selection of art supplies.Each Michaels store offers approximately 37,000 basic stock keeping units (SKUs) in a number of product categories.
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