Michaels Stores is a retail company focusing on arts, crafts, framing, floral, wall décor, and seasonal merchandise. Catering to hobbyists and do-it-yourself home decorators, it has established itself as North America's largest specialty retailer in its domain since its opening in 1983. The company owns and operates 1,041 Michaels stores across 49 states and Canada, as well as 142 Aaron Brothers stores.
Founded in Irving, Texas, Michaels Stores has grown into an industry leader with 45,000 employees and an annual revenue of $5.3 billion. Led by CEO Ashley Buchanan, the company boasts a diverse workforce comprising 66.8% females and 38.3% ethnic minorities. With an average employee salary of $29,646 per year, Michaels Stores maintains great employee retention with staff members typically staying for 3.3 years.