Michaels craft store history
; Key Dates: ; Dupey Enterprises, Inc. is founded. ; Dupey Enterprises converts a Ben Franklin store into an arts-and-crafts store named Michaels. Michaels Stores, Inc., more commonly known as Michaels, is a privately held chain of 1, American and Canadian arts and crafts stores, as of January It is one of North America's largest providers of arts, crafts, framing, floral and wall décor, and merchandise for makers and do-it-yourself home See more. Head to one of these great places to shop for craft paper that will keep your creative stock up. Founded in and the predecessor to Michaels Stores, Inc., Dupey Enterprises controlled the first store and transformed the retail concept into a chain. Michaels Stores, Inc., more commonly known as Michaels, is a privately held chain of 1, American and Canadian arts and crafts stores, as of . [4] [5] In , Dallas businessman Sam Wyly bought a controlling interest in the company, which by then had 11 outlets with annual revenues around $10 million. [9]. In , Dallas businessman Michael J. Dupey founded Michaels in Dallas, Texas, when he converted a money-losing Ben Franklin five and dime store into an arts and crafts store. [4] [5] In , Dallas businessman Sam Wyly bought a controlling interest in the company, which by then had 11 outlets with annual revenues around $10 million. [9]. In , Dallas businessman Michael J. Dupey founded Michaels in Dallas, Texas, when he converted a money-losing Ben Franklin five and dime store into an arts and crafts store. Shortly thereafter, we embarked on an aggressive national . About Us. In , with only 16 Michaels stores located primarily in Texas, Michaels Stores, Inc. became a publicly held company. The stores opened in extended Michaels' presence from its base in the Southeast and Southwest to Ohio, Virginia, Oklahoma, Washington. Learn how to find an AT&T store near you.