Arts and crafts retailer A.C. Moore has introduced it’s closing all of its 145 shops. The A.C. Extra chain is owned by Nicole Crafts, which is closing down the 34-year-old chain as a result of it’s exiting retail gross sales as a result of headwinds going through many retailers immediately. Some excellent news for A.C. Moore prospects, nevertheless, is that arts and crafts retail large Michaels has introduced they’ll take over 40 of the A.C. Moore places, protecting these shops open beneath the Michaels model. In a press launch, Michaels CEO Mark Cosby mentioned, This transaction allows us to additional broaden our presence…
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