Wednesday, January 30, 2019

All Pat Catan's Stores to Close. Call Your Mom.

Posted By on Wed, Jan 30, 2019 at 9:45 AM

PATCATANS.COM
  • PatCatans.com
Struggling in the face of "industry headwinds," the Pat Catan's arts and crafts retail chain will close. The company's corporate parent, Michaels Companies, made the announcement via press release Wednesday morning.

Up to 12 of the 36 total craft centers may reopen under Michaels branding later this year, and a Strongsville distribution center will remain open, but the beloved locally founded retailer will be no more. There are currently 16 Pat Catan's locations in Northeast Ohio, with others in Pennsylvania, West Virginia, Michigan and Indiana. 

"We believe these changes will provide more value for customers and shareholders by enabling us to leverage a more consistent merchandise assortment and eliminate duplicative retail operating expenses,” said Michaels CEO Chuck Rubin. “This was not an easy decision, and I am grateful for the contributions of our Pat Catan’s Team Members. As we work through the closing process, we intend to provide employment opportunities or transition support for all Team Members.”



With 1,200 stores, Michaels is the largest arts and crafts retailer in the country. It purchased the Pat Catan's chain (officially "Lamrite West") in 2016, for $150 million. Pat Catan's was founded by Pat Catanzarite in 1954

Tags: , , , , ,

Comments (6)

Showing 1-6 of 6

Add a comment

 
Subscribe to this thread:
Showing 1-6 of 6

Add a comment

Newsletters

Never miss a beat

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.

Calendar

© 2019 Cleveland Scene: 737 Bolivar Rd., Suite 4100, Cleveland, OH 44115, (216) 241-7550
Logos and trademarks on this site are property of their respective owners.


Website powered by Foundation