The Michaels Companies Inc news and trends

Michaels Sees 296 Pct eCommerce Growth Amid Omnichannel Rollout

June 04, 2020
Michaels Sees 296 Pct eCommerce Growth
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Michaels Sees 296 Pct eCommerce Growth Amid Omnichannel Rollout

June 04, 2020
The debut of new omnichannel features such as same-day delivery and curbside pickup, among other factors, helped fuel 296 percent eCommerce growth for The Michaels Companies, Inc. in Q1. The retailer, however, reported a 27.6 percent drop in comparable store sales for the 13 weeks concluding May 2, 2020 compared to a 2.9 percent fall […]