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Tag Archives | Michaels Stores

Noteworthy | 7.6.2012

We’ve got some summer reading, some CHA news, and some news about your favorite designers this week on noteworthy!

CHA Attendees: The Craft & Hobby Association is warning attendees about two scams targeting convention attendees.

One is a supposed online show directory from Construct Data Verlag AG of Austria, Commercial Online Manuals S de RL de CV of Mexico and similar companies that is targeting exhibitors. Signing and returning the form for an entry in the online directory actually enters companies into an expensive three year contract that automatically renews.

The second scam is that several companies have been approaching CHA attendees offering to book hotel rooms at CHA at low rates, and then have not booked rooms and kept deposits that were placed with them. Par Avion is the only travel vendor associated with CHA that can book rooms at official CHA convention rates.

Please visit the CHA website for more information on what to do if you suspect your company has been targeted by one of these scams. Continue Reading →

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Noteworthy | 6.2.2012

It’s been a relatively quiet week in the scrapbook world this week…it seems many people decided to turn the Memorial Day weekend into Memorial Day week. But there’s still some news of note to share!

[Apologies for the fact that this week's Noteworthy is delayed and abbreviated. Apparently, flu viruses can decimate people AND editorial calendars.]

It’s hard to believe, but CHA Summer 2012 is only about 6 weeks away! My Little Shoebox gets the unofficial prize for the first sneak peek of the 2012 Chicago show, with a small peek of the “Secret Garden” collection:

Continue Reading →

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Michaels Stores CEO John Menzer on Medical Leave After Stroke

Michaels Stores announced today that they are forming an interim Office of the Chief Executive to manage the company in the ongoing absence of CEO John Menzer.

The company had previously announced on April 20th that the 60 year old Menzer was hospitalized in stable condition, but they declined at that time to indicate the cause of his illness. Today’s announcement, the first update on his health situation from the company since that day, indicates that Menzer suffered a stroke last month and is in stable condition but is expected to be absent from the company for an extended period of time. The announcement says that the Board of Directors will reevaluate Menzer’s status periodically. Menzer has been CEO of Michaels Stores, Inc. since 2009.

Menzer has been in the news recently for the role he held previous to his tenure at Michaels, as Vice-Chairman of Wal-Mart. That company is under investigation by the U.S. Department of Justice for the alleged payment of bribes by its Mexican subsidiary during a period of rapid growth in that country. The New York Times named Menzer as one of the key players in the U.S. company’s cover-up of those alleged actions.

The new Office of the CEO at Michaels Stores, Inc. will consist of Lew Klessel, who is Managing Director with Bain Capital Partners, LLC, and Charles “Chuck” Sonsteby, who is Michaels Stores’ Chief Administrative Officer and Chief Financial Officer. Mr. Klessel has also been appointed to the newly-created position of Interim Chief Operating Officer at Michaels. Klessel and Sonsteby, as the Office of the CEO, will temporarily assume Menzer’s responsibilities as CEO, and will report directly to the Board of Directors. Continue Reading →

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Could Wal-Mart Bribery Scandal Derail Michaels’ IPO?

One of the year’s most hotly anticipated IPO offerings, Michaels Stores, could possibly be derailed because of a scandal involving its CEO’s previous tenure as a Wal-Mart executive.

On March 30th, Michaels Stores filed a widely anticipated notice with the SEC that it intends to become a publicly-held company again through an IPO that could raise as much as a half-billion dollars according to the SEC filing. Its private equity ownership Blackstone Group and Bain Capital have hired JP Morgan Chase and Goldman Sachs to manage the IPO. Michaels was purchased by Blackstone and Bain in 2006 for $6 billion, and has been burdened ever since with a heavy debt load (currently $3.49 billion) that was used to finance the purchase. The company says it plans to use the IPO in part to pay off some of that debt. Continue Reading →

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Noteworthy | 9.02.2011

As we enter September the announcements and excitement is at fever pitch. Here at Scrapbook Update, Editor Nancy Nally has been busily restoring the site after a catastrophic server failure. While this week has been noteworthy around here for reasons we wish it wasn’t, the scrapbook industry is booming with wonderful things this week! Blogs are bursting with new inspiration as CHA released products hit shelves fast and furiously, new design teams are being formed, and so much more. Here are some of the most noteworthy items of the week:

Rhonna Farrer has been designing beautiful scrapbooking products for many years, and after House of 3 closed, I had hoped to see her branch out on her own. Over the summer she has offered some beautiful digital designs on her blog, and recently put out a call for design team members.

This week she announced her new creative team, and now her website has been re-designed and is open for business with digital designs perfect for digital or hybrid crafting. She announced the details of the new shop on her blog, and stressed that her goal is to uplift & inspire through digital designs and project inspiration.

Speaking of project inspiration, Hambly Studios posted a simple tutorial of how to use washi tapes to create custom banners. Finding a way to use multiple bits of the tape in such a different way is refreshing and I can’t believe I never thought of it! Expanding on their idea, I’m now inspired to punch or die cut shapes from paper that has been covered with tape. A second project using the technique was posted this week on Hambly’s blog on as well. I predict we’ll be seeing a lot of washi tape banners all around the internet!

This week Becky Higgins shared news and images of the new 2012 Project Life designs, Cobalt and Clementine. She shares many photos of the new product designs and promises that there is still a lot more to come. Last Friday she revealed the images of the new binders, and also announced that from now on the albums will be made by We R Memory Keepers.

They are absolutely a leader in binders and albums. And because they’re making our albums, this means you can expect nothing less than … the very best. I’ve been personally using We R binders for all of our family scrapbooks for nearly 10 years.

Higgins answers a lot about the new binders in her post, including the target date for availability late this year.

A new on-line event is coming the weekend of October 20-22. “Spawn of True Scrap” is now open for registration. The event features 17 instructors who each are bringing a new class (presented in video format), make ‘n takes, and more. The instructors include Jennifer McGuire, Nic Howard, Shimelle Laine, and many more – myself included. For more information or to register visit the Spawn of True Scrap site.

Die Cuts with a View announced that they are releasing a number of new paper pads through Michael’s. Don’t look for their name on the product though – it’s being released under Michael’s in-house brand name, Recollections. In the blog post, the company explained:

Basically, these stacks are designed & produced by us at DCWV and sold under Michael’s own private brand, Recollections. We were honored to be chosen to represent them in this way! To us, it means they love working with us as a company and they LOVE our designs :) What could be more flattering??

The first of the new paper designs are available now, with more designs coming in the next few weeks.

Finally this week, I will share some noteworthy new releases. Pink Paislee’s Nantucket and Phantom collections have been spotted on store shelves. Also in stores some of the new Doodlebug bakers twines and the bakers twine inspired “doodle twine” alphabet stickers that have been anxiously awaited by the Scrapbook Update staff and many others.

“Noteworthy” is a new regular weekly column at Scrapbook Update. Have something new & noteworthy to share? Feel free to leave a comment, or if you have something you would like considered for next week’s column, email may@scrapbookupdate.com with a link or press release.

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Michaels Releases iPhone App

I was quite excited several months ago when arts and crafts retailer Michaels began accepting coupons via smartphone at their checkout. I was even more excited to find that they’ve recently released an app for the iPhone that combines their electronic coupon functionality with some exciting new features.

The app is well laid-out, easy to use, and filled with pleasing visuals such as the screen that greets users on opening.

Once loaded, the app gives customers access to a number of features, most notably the ability to browse sales flyers and search for products.

The “Deals” section of the app provides access to the Michaels weekly ad in a mobile-friendly format. Customers can navigate by category and then drill down to see more details about sale items.

The “Coupons” section will probably be the most-used in the app as it gives customers a way to carry coupons without the hassle of printing them and then remembering to bring them along to the store. Coupons are automatically loaded into the app when available and removed after they have expired. Each coupon can be used multiple times (subject to the current “one per customer per day” wording) and contains a barcode that is scanned at the checkout.

I found the “Projects” section to be surprisingly well-rounded, containing in-depth instructions for craft projects in a number of categories. The images, shown as a thumbnail on the instructions screen, will display a larger version when tapped.

The “Lists” feature provides a place for customers to compile one or more shopping lists to use in the store. It’s tied closely with the “Products” section that allows customers to browse available items (the products listed are not tied to a particular store’s inventory and may not reflect current stock) and add them to a shopping list. Users can also add items manually by typing in text.

The “Products” section, which I’ve already mentioned, allows users to browse available items by navigating through categories to find products. Customers can drill down to a specific product to read details, and there is also a space for reviews  (though none of the items I browsed had reviews yet). No pricing information is provided for items.

Customers can also view upcoming classes and events at their local store under the “Events” button. The app also has functionality to locate stores nearest to you, just in case you catch the crafty bug while traveling.

The app also provides the ability to read QR (Quick Response) codes to allow customers quick access to information on the web. These codes are “scanned” by holding the iPhone’s camera over the code until it is registered by the app, which will then redirect the user to the appropriate web page.

Droid users, don’t despair!! Michaels corporate office has assured Scrapbook Update that an Android version of the app is planned, although there is no release date available yet. Scrapbook Update will keep you informed of this and any other developments as the areas of tech, crafting, and retail continue their exciting convergence.

Pre CHA Product Sale at Two Peas in a Bucket. Get 15%-75% off Select Products. Sale runs July 14-22, 2011

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