BUS 401 Business Finance Final Project
in Business (Education) by neel
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Description
Evaluating Michaels Craft Store Company
BUS 401- Business Finance
Felicia Maxwell
March 16, 2015
Michaels Stores, Inc.
This paper will outline the Michaels Company and how it started with the innovation of one man. He was hailed a "merchandising genius" when he took one store from his father and turned it into an arts and crafts store. It will explain the history of the store and will look at the financial aspect of this company today. It will determine if it is a sound investment.
Michael Stores is the nation's largest retailer of arts and crafts material. Jim Dupey owned a group of Ben Franklin stores. Mr. Dupey son Michael Dupey converted on of the Ben Franklin stores into an arts and craft store that he called Michaels. The first Michael was located in Irving...
