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Michaels CEO on opportunities.

Hey there. A cat named Francine who lives at a Virginia Lowe’s last month went missing when she jumped into a truck that unknowingly brought her to the retailer’s North Carolina distribution center. After a search that included thermal drones and hundreds of cameras, Francine was returned to her home store this week, where she’s known as “a beacon of the community.” Now we know the life of a store cat, babe!

In today’s edition:

—Alex Vuocolo, Erin Cabrey

STORES

Michaels debuts The Knit & Sew Shop

Michaels

It’s not often that two competitors exit the market at around the same time. But that’s the situation Michaels faced earlier this year when both Party City and Joann Fabrics declared bankruptcy, leaving two specialized marketplaces wide open and giving the arts and crafts chain a boost at a difficult time for specialized brick-and-mortar retailers.

The challenge now facing the company is how to fill the gap in a way that satisfies customers left behind by its former rivals, while also putting its own stamp on these categories. The recent announcement of two new shop-in-shops for party balloons and fabrics is a step in that direction.

Retail Brew spoke with Michaels CEO David Boone about how it turned these disruptions into opportunities.

This interview has been edited and condensed for clarity.

Can you walk us through Michaels’s initial response to the closure of Joann and Party City and how it’s tried to turn those disruptions into opportunities?

No. 1: Myself and the entire senior team were committed to this. We knew the opportunity was available, and what we committed to do was to take risks and go fast to get products in store because we knew those customers were going to find homes over the next six months as those retailers exited the market. I don’t think any retailer has operated as fast as we have over the past six months to put together a unique value proposition for those customers.

Keep reading here.—AV

Presented By NewStore

STORES

Holiday shopping prediction

Nicoletaionescu/Getty Images

Adobe Analytics predicts online sales will grow 5.3% this holiday season, down from 8.7% last year, as consumers turn to deal days and buy now, pay later (BNPL) apps to fuel their spending in an uncertain economic climate.

One of the biggest upticks from last year is in the concentration of spending around sales events. The five-day period including Thanksgiving, Black Friday, and Cyber Monday are expected to drive nearly one-fifth of sales (17.2%), up from 6.3% last year.

Yet the focus on deal days comes even as retailers hold steady on discount rates—and many consumers look for more than just the lowest price.

Keep reading here.—AV

Together With Radar

COMMUNITY

Cutout of a woman, Caroline Tell, founder of content marketing agency Tell & Co, on a templated background of two large asterisks.

Caroline Tell

On Wednesdays, we wear pink spotlight Retail Brew’s readers. Want to be featured in an upcoming edition? Click here to introduce yourself.

Caroline Tell is founder of content marketing agency Tell&Co.

How would you describe your job to someone who doesn’t work in retail? I’m the founder of Tell&Co., a content strategy studio that helps luxury and lifestyle brands articulate who they are—clearly, consistently, and authentically—across every channel where they show up. My background is in editorial; I began as a fashion reporter at WWD before moving to the brand side at Michael Kors during the rise of digital storytelling. Since then, I’ve worked with clients ranging from Bottega Veneta to Ritz-Carlton and St. Regis, Dylan’s Candy Bar, Club Monaco, AERIN, and more—developing content that doesn’t just look and sound good, but builds connection, drives conversion, and deepens brand loyalty.

One thing we can’t guess about your job from your LinkedIn profile? That it’s a constant negotiation between structure and storytelling, left brain and right. While it may seem rooted in writing, my role is as much about building the systems that allow creativity to thrive. Behind every tagline or campaign is an editorial calendar, a strategic framework, a workflow designed for scalability. At the same time, there’s an emotional component that doesn’t show up in a job description—I often find myself acting as a steward of brand identity, safeguarding voice, tone, and ethos across every touchpoint. Whether working with legacy houses like Michael Kors and Assouline or lifestyle disruptors like HATCH and Sakara Life, we’re not just generating content, we’re crafting connection.

What’s your favorite project you’ve worked on? That’s a little like choosing a favorite child, but one project that stands out is our recent work launching Culture Lounge, Assouline’s first digital magazine.

Keep reading here.—EC

Together With Timeline

SWAPPING SKUS

Today’s top retail reads.

Pile it on: Many retailers have been stocking up on inventory to circumvent tariffs, and this holiday season will be a test to see if the strategy pays off. (the Wall Street Journal)

No mall wonder: Strategies for running successful retail stores in low-traffic shopping malls. (Retail Dive)

Red light on greens: The USDA issued a warning to consumers that spinach in some Hello Fresh meal kits could be contaminated with listeria. (AP News)

FROM THE CREW

Two shipping containers, one red and one blue, held up by crane hooks

Amelia Kinsinger

Rising costs and “doom spending” are reshaping the retail landscape. Learn how tariffs are driving pricing shifts, impacting supply chains, and making it harder to predict future trends.

Check it out

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✳︎ A Note From Timeline

*500mg Mitopure® has been shown to (1) induce gene expression related to mitochondrial function and metabolism and (2) increase the strength of the hamstring leg muscle in measures of knee extension and flexion after four months in overweight 40–65-year-olds.

         
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