A Michaels location in New York. The retailer announced that it's expanding its fabric selection in light of Joann's collapse.
Mandatory Credit:	Jimin Kim/SOPA Images/Shutterstock via CNN Newsource

A Michaels location in New York. The retailer announced that it's expanding its fabric selection in light of Joann's collapse.
Mandatory Credit: Jimin Kim/SOPA Images/Shutterstock via CNN Newsource

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Michaels is expanding its fabric selection following Joann’s collapse

Michaels is jumping into the void left by the collapse of Joann, announcing Thursday that it’s buying the fabric retailer’s private label and drastically expanding its sewing selection.