Michaels Stores, Inc.

Michaels Stores, Inc.

Michaels Stores, Inc.

Overview
Date Founded

1984

Headquarters

8000 BENT BRANCH DRIVE, IRVING, TX, 750636023

Type of Company

Private

Employees (Worldwide)

50.6K

Industries

Retail: Other
Consumer Services
Retail: Home Improvement

Company Description

Michaels Stores, Inc. owns and operates a chain of specialty retail stores. It provides arts, crafts, framing, floral, home d├ęcor and seasonal merchandise for the hobbyist and do-it-yourself home decorator. The firm's crafting classes, in-store events, project sheets and displays, mobile applications and on-line videos; they offer a shopping experience that can inspire creativity and confidence in their customers' artistic abilities. The company was founded by Michael J. Dupey in 1983 and is headquartered in Irving, TX.

Contact Data
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Executives & Employees

Owner

Chief Executive Officer

President

Executive Director

Chief Financial Officer, Treasurer & Senior Vice President

Senior Vice President, Chief Financial & Accounting Officer

Chief Operating Officer

Chief Accounting Officer, Vice President & Controller

Chief Human Resources Officer

Board of Directors

Chief Financial Officer at Sprouts Farmers Markets, Inc.

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Michaels Stores, Inc.
Recent Transactions
Details Hidden

Michaels Stores, Inc. raised money in a private placement transaction

Details Hidden

Michaels Stores, Inc. /Private Group purchases Michaels Stores, Inc.

Details Hidden

Michaels Stores, Inc. purchases Star Wholesale Florist from Celebrity, Inc.

Transaction Advisors
Legal Advisor

Advised onMichaels Stores, Inc. /Private Group purchases Michaels Stores, Inc.

Investment Advisor

Advised onMichaels Stores, Inc. /Private Group purchases Michaels Stores, Inc.

Legal Advisor

Advised onMichaels Stores, Inc. purchases Star Wholesale Florist from Celebrity, Inc.

Co-Chair, Corporate Group

Advised onMichaels Stores, Inc. /Private Group purchases Michaels Stores, Inc.

Legal Advisor

Advised onMichaels Stores, Inc. /Private Group purchases Michaels Stores, Inc.

Advisors & Consultants
Advisor

Managing Partner at Ernst & Young LLP

Legal Advisor

Partner at Gibson, Dunn & Crutcher LLP

Legal Advisor

Shareholderlabor, Employment & Benefits Team Co-Chair, ERISA, Life, Health & Disability Team Co-Chair at Lane Powell PC

Key Stats and Financials As of 2020
Market Capitalization
Total Enterprise Value
Earnings Per Share
Revenue
$4.14B
Non-Profit Donations & Grants
$1,000 - $2,499
2018
$250 - $499
2017
Suppliers
RPT Realty Trusts & Funds | Farmington Hills, MI

RPT Realty operates as a real estate investment trust. The firm develops, manages, and leases out commercial properties. Its portfolio includes shopping centers, supermarkets, and retail shops. The company was founded on May 1, 1996 and is headquartered in New York, NY.

IRC Retail Centers, Inc. Trusts & Funds | Oak Brook, IL

IRC Retail Centers, Inc., a subsidiary of DRA Advisors LLC, is a company headquartered in Oak Brook, IL, that acts as Private Equity Fund. The firm was founded in 1994. Mark E. Zalatoris is the current CEO, occupying that position since 2000. IRC Retail Centers, Inc. was acquired by DRA Advisors LLC on 30 Mar 16 for $1,065.64 million.The company says this about itself: IRC Retail Centers LLC is a real estate company focused on owning and operating open-air neighborhood, community and power shopping centers located in well-established markets primarily in the Central and Southeastern U.S. The company currently has an ownership interest in more than 130 properties totaling approximately 15 million square feet of leasable space. Its necessity and value-centered retail portfolio features properties that deliver the right combination of location, market position, and tenant mix to drive consumer traffic at its centers.

RioCan Real Estate Investment Trust Real Estate Investment Trusts | Toronto, Canada

RioCan is Canada's largest real estate investment trust exclusively focused on retail real estate. Our core strategy of owning and managing community-oriented neighbourhood shopping centres anchored by supermarkets, together with a rapidly expanding mix of new format retail centres. RioCan owns and manages Canada's largest portfolio of shopping centres with ownership interests in a portfolio containing an aggregate of over 79 million square feet. RioCan also owns interests in a number of grocery anchored shopping centres in the United States located predominantly in the Northeastern United States RioCan's mission is to deliver to its unitholders stable and reliable cash distributions, which continuously increase over time.

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