Michaels exterior feature

Michaels To Be Acquired, Taken Private in $5B Deal

| Mike O'Brien

Michaels, the Dallas-based retail chain known for supplying do-it-yourself crafters for more than 45 years, is once again being acquired by a private equity firm after a seven-year run as a public company and an impressive valuation run in a very difficult year for the industry.

Dillon Joins Ulta Beauty as Its New CEO

| Daniela Forte

Beauty retailer Ulta Beauty announced on June 24 the appointment of Mary Dillon as its new CEO and member of the Board of Directors effective July 1, according to a press release. Dillon will replace interim CEO Dennis K. Eck who will step down from his position at that time.