"Where Creativity Happens"

Michaels Stores, Inc., together with it’s subsidiaries, is the largest arts and crafts specialty retailer in North America with approximately $3.8 billion in sales in FY 2008. Our mission is to be a world class performer who:

• Inspires and enables consumers to experience creativity
• Leads industry growth and innovation
• Creates a fun and rewarding place to work that fosters meaningful connections
  with our communities

Michaels operates over 1,000 Michaels retail stores in 49 states, including Canada, and over 150 Aaron Brothers stores in 9 states including California, Arizona, Nevada, Washington, Oregon, Texas, Colorado, Idaho and Georgia. We currently employ approximately 39,000 associates. We offer arts, crafts, framing, floral, wall décor, and seasonal merchandise.

For over 20 years, we've been helping crafters of all ages express themselves with skill and originality. We are experts in providing materials, ideas and education for creative activities. Through our broad product assortments, project sheets, displays, online ideas and creative offerings, we offer a shopping experience that encourages creativity and fun. We also offer a variety of classes, demonstrations, and family focused events to inspire our customers with product ideas and information.

In 2006, Michaels merged with the private investment firms, Bain Capital Partners LLC and The Blackstone Group. Expanding by nearly 50 new stores each year, Michaels sustains an average annual sales and earnings growth of 11.4%, and 22.9%, respectively.

In 2008, we began introducing our proprietary brands, which included products in scrapbooking, framing, and general and children's crafts. In 2009, we were able to double the number of products offered in our proprietary brands. Our strategic initiatives for 2010 include an increased emphasis on product development, private branding, and global sourcing.

We compete across many segments of the industry, including adult and kids crafts, scrapbooking and paper crafting, jewelry making, fine art, home accents, floral, gift wrapping supplies, candles, photo frames, and custom framing.

Aaron Brothers
Our Aaron Brothers stores offer on average approximately 6,900 SKUs, including photo frames, a full line of ready-made frames, art prints, framed art, and a wide selection of art supplies and custom framing services.

Artistree
Artistree, our wholly-owned manufacturing subsidiary, supplies high quality custom and specialty framing merchandise, including art prints and precut mats. We believe Artistree provides a competitive advantage to our Michaels and Aaron Brothers stores.

Distribution Centers
We currently operate a distribution network for supplying our stores with merchandise. Approximately 80% of Michaels stores’ merchandise receipts, consisting of both seasonal and basic SKUs, are shipped through the distribution network with the remainder shipped directly from vendors. Our seven distribution centers are located in California, Florida, Illinois, Pennsylvania, Texas, and Washington.

Our Benefits
Michaels is committed to initiatives to enhance your quality of life including:
Flexible Work Schedules
Business Casual Attire
Competitive Vacation Policy
Medical Insurance
Dental Insurance
Vision Insurance
401(k) plan with company match
Life Insurance
Flex Spending Accounts
Employee Merchandise Discounts

As we continue to grow, we offer unparalleled career growth opportunities for our managers and associates. Michaels....Where Imagination is Celebrated, Inspiration Thrives, Discovery Amazes, Dreams Are Realized, and Creativity Happens!

Michaels is an Equal Opportunity Employer