More store closings: In New York, NY Irving Berlin Art Supplies on East 37th Street closed in January
Retraction:
The following report regarding Design Partners in New York was erroneous. We regret any difficulties this may have caused to the owner Brian Lehrer:
“Design Partners on 7th Avenue will be closing in the near future.”
Michaels has announced that effective April 15, 2009 John B. Menzer, formerly Vice Chairman and Chief Administrative Officer of Wal-Mart Stores, Inc. and President of Ben Franklin Retail, will replace Brian C. Cornell as CEO. 
Mr Cornell has resigned recently and has accepted a position as Chief Executive Officer of Sam’s Club. “I am extremely proud to have led this organization and proud of the progress we have made together.”
Juan Agualimpia, head of Sanford’s global art and children’s products, has left the company to pursue other opportunities. He was based in Sanford’s Oakbrook, IL facility.