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How Michaels Became the Largest Provider of Arts & Crafts in America Part 1 | Value Investor Chatter | #143
Manage episode 292960561 series 2430352
Michaels is the largest arts and crafts retailer in America, and it all started with a single store in Dallas, Texas. In this video, learn about how Michaels became such a powerhouse company and find out what sets it apart from its competitors.
Episode Outline
(00:00) Introduction
(01:28) What does Michaels do?
(06:30) The New CEO of Michaels
(09:17) Michaels' Business Model
(09:54) The Competitors of Michaels
(16:07) Michaels' Competitive Advantage
(17:35) Michaels'Biggest Risk
(18:24) Does the company require a lot of capital reinvestments to maintain its business?
(20:52) Conclusion
Value Investor Chatter
Facebook: https://web.facebook.com/valueinvestor49
Twitter: https://twitter.com/valueinvestor49
TikTok: https://www.tiktok.com/@valueinvestor49
LinkedIn: https://www.linkedin.com/company/valueinvestor49/
Website: https://valueinvestor.org/
--- Support this podcast: https://podcasters.spotify.com/pod/show/valueinvestor49/support181 episodes
Manage episode 292960561 series 2430352
Michaels is the largest arts and crafts retailer in America, and it all started with a single store in Dallas, Texas. In this video, learn about how Michaels became such a powerhouse company and find out what sets it apart from its competitors.
Episode Outline
(00:00) Introduction
(01:28) What does Michaels do?
(06:30) The New CEO of Michaels
(09:17) Michaels' Business Model
(09:54) The Competitors of Michaels
(16:07) Michaels' Competitive Advantage
(17:35) Michaels'Biggest Risk
(18:24) Does the company require a lot of capital reinvestments to maintain its business?
(20:52) Conclusion
Value Investor Chatter
Facebook: https://web.facebook.com/valueinvestor49
Twitter: https://twitter.com/valueinvestor49
TikTok: https://www.tiktok.com/@valueinvestor49
LinkedIn: https://www.linkedin.com/company/valueinvestor49/
Website: https://valueinvestor.org/
--- Support this podcast: https://podcasters.spotify.com/pod/show/valueinvestor49/support181 episodes
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