Arts-and-crafts retailer AC Moore to close all 145 stores

It’s AC no Moore, as another retail chain falls victim to challenges sweeping the industry. New Jersey-based arts-and-crafts retail chain AC Moore will be closing all of its 145 stores across the country, and up to 40 will see their leases taken over by a larger competitor, the Michaels Companies. AC Moore’s parent company, Nicole Crafts, announced the decision on Monday, the New York Post reported. “Unfortunately, given the headwinds facing many retailers in today’s

source https://therealdeal.com/2019/11/27/arts-and-crafts-retailer-ac-moore-to-close-all-145-stores/