How Michaels Became the Largest Provider of Arts & Crafts in America Part 1 | Value Investor Chatter | #143

Michaels is the largest arts and crafts retailer in America, and it all started with a single store in Dallas, Texas. In this video, learn about how Michaels became such a powerhouse company and find out what sets it apart from its competitors. Episode Outline (00:00) Introduction (01:28) What does Michaels do? (06:30) The New CEO of Michaels (09:17) Michaels' Business Model (09:54) The Competitors of Michaels (16:07) Michaels' Competitive Advantage (17:35) Michaels'Biggest Risk (18:24) Does the company require a lot of capital reinvestments to maintain its business? (20:52) Conclusion Value Investor Chatter Facebook: https://web.facebook.com/valueinvestor49 Twitter: https://twitter.com/valueinvestor49 TikTok: https://www.tiktok.com/@valueinvestor49 LinkedIn: https://www.linkedin.com/company/valueinvestor49/ Website: https://valueinvestor.org/ --- Support this podcast: https://podcasters.spotify.com/pod/show/valueinvestor49/support

Om Podcasten

The Official Podcast of VALUEINVESTOR.ORG | Financial Literacy for Financial Freedom. Become Self-Sufficient Investor. "If you give a man a fish, you feed him for a day. If you teach a man to fish, you feed him for a lifetime" Support this podcast: https://podcasters.spotify.com/pod/show/valueinvestor49/support