Michaels is making a play for the territory left by Party City's recent store closings by expanding into the party supply ...

The collapse of Party City is giving Michaels an opportunity to expand its selection of balloons and other celebration-themed ...

Michaels carries balloon decorations, including latex and mylar balloons in playful shapes and life-size characters.

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The crafts retailer came close to swallowing Party City’s share whole: Michaels was listed as the backup bidder at Party City’s bankruptcy auction in February. But, with a $20 million bid ...