Michaels, online at michaels.com, save money on hot items when shopping on Michaels when applying our coupons, promo codes during checkout. Trust us, these coupons are good. Make the best of our Michaels promo codes to get 40% OFF. All discounts are totally free to use. Michaels Stores, Inc. is an arts and crafts retail chain. It currently operates more than 1040 Michaels Arts and Crafts stores, located in 49 US states and Canada. The company also owns and operates the Aaron Brothers retail chain which consists of more than 115 stores. In addition, Michaels produces 10 exclusive private brands including Recollections, Studio Decor, Bead Landing, Creatology, Ashland, Celebrate It, Art Minds, Artist's Loft, Craft Smart and Loops & Threads. The corporate headquarters are located in Irving, Texas.The average Michaels store now contains 40,000 different products in 18,200 square feet (1,700 m²) of selling space. The stores sell a selection of arts, crafts, framing, floral, wall décor, bakeware, beads, scrapbooking and seasonal merchandise for hobbyists and do-it-yourself home decorators.Michaels is the largest such chain in the United States. Competitors include Hobby Lobby, Ben Franklin Stores, Jo-Ann Stores, AC Moore and several smaller chains. Canadian competitors include DeSerres.In April 2012, Michaels filed for a $500 million initial public offering (IPO), but it was put on hold due to the chief executive's illness.