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Michaels Stores: Navigating the Evolving Retail Landscape Michaels Stores, a major player in the arts and crafts retail sector, faces a dynamic market environment shaped by the rise of e-commerce and evolving consumer preferences. This analysis examines Michaels' current strategic position, identifying key strengths, weaknesses, opportunities, and threats to inform future growth strategies. The focus is on leveraging data-driven insights to understand how Michaels can maintain its market share and achieve sustained success....