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MJ Designs
MJ Designs was an arts and craft retail store in the Dallas/Fort Worth and Washington, D.C., areas. The company filed for Chapter 11 bankruptcy on December 13, 2002, and went out of business in May 2003. Products MJ Designs sold a variety of arts and crafts products, floral products and arrangements, and supplies for scrapbooking, custom framing, pottery, and hobbies. History Michael Dupey got his start in 1968 when he worked for City Product Corporation (Ben Franklin Stores). He converted one of these stores into an arts and crafts outlet after his father, James Dupey, purchased it for $72,000 from City Product Corporation. The buyout stated that Michael Dupey had to pay his father back $1.2 million after taxes, with the balance due after eight years. In that period, he changed the name to Michaels Arts & Crafts and paid back his father's loan. In 1983 his father sold out the contracts to Sam Wyly. James Dupey sold his son's contracts for the stores that were not paid for ...
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MJ may refer to: Fictional characters * M.J. Delfino, in ''Desperate Housewives'' * Mary Jane Watson, in Marvel comics ** Mary Jane Watson (2002 film series character), the film adaptation of the character * MJ (Marvel Cinematic Universe), a character in the Marvel Cinematic Universe * Agent MJ, in the film ''Miss Cast Away and the Island Girls'', played by Michael Jackson People * * MJ (South Korean singer) (Kim Myung-jun, born 1994), a South Korean singer, actor, and model * MJ Acosta (fl. from 2016), a Dominican-American sports reporter * MJ Cole (born 1973), English DJ and record producer * MJ Delaney, British television director * MJ Erb (born 1994), American long-distance runner * MJ Hegar (born 1976), American U.S. Air Force veteran and former political candidate * MJ Hibbett (born 1970), English guitarist singer-songwriter * Mary Jean "MJ" Lastimosa (born 1987), Filipina actress and beauty pageant titleholder * MJ Lee (born 1987), American political correspondent ...
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Michaels
Michaels Stores, Inc., doing business as Michaels, is an American privately held arts and crafts retail chain. It is North America's largest provider of arts, crafts, framing, floral and wall décor, and merchandise for makers and do-it-yourself home decorators. The company is a subsidiary of The Michaels Companies, which was founded in 2014 and headquartered in Irving, Texas. In addition to Michaels stores, The Michaels Companies operates Aaron Brothers Custom Framing store-within-a-store, and Artistree, a manufacturer of custom and specialty framing merchandise. The company also develops over a dozen private brands sold in Michaels stores, including Recollections, Studio Décor, Bead Landing, Creatology, and Ashland. As of January 2021, there were 1,252 Michaels stores in 49 out of 50 states in the U.S., and Canada, with approximately $5.362 billion in sales for fiscal 2020. History In 1973, businessman Michael J. Dupey founded Michaels in Dallas, Texas when he converte ...
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Retail Companies Established In 1986
Retail is the sale of goods and Service (economics), services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturing, manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a Profit (accounting), profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar store, bricks and mortar and Online shopping, online retailing. Digital technologies are also affecting the way that co ...
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American Companies Established In 1986
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label that was previously known as Def American * American University, in Washington, D.C. Sports teams S ...
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Defunct Retail Companies Of The United States
Defunct may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the process of becoming antiquated, out of date, old-fashioned, no longer in general use, or no longer useful, or the condition of being in such a state. When used in a biological sense, it means imperfect or rudimentary when comp ...
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Chapter 11 Bankruptcy
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned ...
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East Coast Of The United States
The East Coast of the United States, also known as the Eastern Seaboard, the Atlantic Coast, and the Atlantic Seaboard, is the region encompassing the coast, coastline where the Eastern United States meets the Atlantic Ocean; it has always played a major socioeconomic role in the development of the United States. The region is generally understood to include the U.S. states that border the Atlantic Ocean: Connecticut, Delaware, Florida, Georgia (U.S. state), Georgia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York (state), New York, North Carolina, Rhode Island, South Carolina, and Virginia, as well as some landlocked territories (Pennsylvania, Vermont, West Virginia and Washington, D.C.). Toponymy and composition The Toponymy, toponym derives from the concept that the contiguous 48 states are defined by two major coastlines, one at the West Coast of the United States, western edge and one on the eastern edge. Other terms for referring to this area include ...
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Fort Worth, Texas
Fort Worth is a city in the U.S. state of Texas and the county seat of Tarrant County, Texas, Tarrant County, covering nearly into Denton County, Texas, Denton, Johnson County, Texas, Johnson, Parker County, Texas, Parker, and Wise County, Texas, Wise counties. Fort Worth's population was estimated to be 1,008,156 in 2024, making it the List of United States cities by population, 11th-most populous city in the United States. Fort Worth is the city in the Dallas–Fort Worth metroplex, after Dallas, Texas, Dallas, and the metropolitan area is the List of metropolitan statistical areas, fourth-most populous metropolitan area in the United States and the List of Texas metropolitan areas, most populous in Texas. The city of Fort Worth was established in 1849 as an army outpost on a bluff overlooking the Trinity River (Texas), Trinity River. Fort Worth has historically been a center of the Texas Longhorn cattle trade. It still embraces its Western heritage and traditional architec ...
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Dallas, Texas
Dallas () is a city in the U.S. state of Texas and the most populous city in the Dallas–Fort Worth metroplex, the List of Texas metropolitan areas, most populous metropolitan area in Texas and the Metropolitan statistical area, fourth-most populous metropolitan area in the United States at 7.5 million people. It is the most populous city in and the county seat, seat of Dallas County, Texas, Dallas County, covering nearly 386 square miles into Collin County, Texas, Collin, Denton County, Texas, Denton, Kaufman County, Texas, Kaufman, and Rockwall County, Texas, Rockwall counties. With a 2020 United States census, 2020 census population of 1,304,379, it is the List of United States cities by population, ninth-most populous city in the U.S. and the List of cities in Texas by population, third-most populous city in Texas after Houston and San Antonio. Located in the North Texas region, the city of Dallas is the main core of the largest metropolitan area in the Southern Unite ...
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Ben Franklin Stores
Ben Franklin is a chain of five and dime and arts and crafts stores found primarily in small towns throughout the United States, last owned by Promotions Unlimited of Mount Pleasant, Wisconsin. They are organized using a franchise system, with individual stores owned by independent proprietors. It was perhaps the first retail franchise, starting in 1927. They are named after Benjamin Franklin, taking a cue in their merchandise offerings from Franklin's saying, "A penny saved is a penny earned." Although Promotions Unlimited filed for bankruptcy in 2017, a number of stores continue to operate under the Ben Franklin name. History Origins The chain originated in Boston in 1877 as Butler Brothers, a mail-order wholesaler selling general and variety-store items. At the turn of the 20th century, Butler Brothers had over 100,000 customers in the United States. As variety stores were penetrating their market, the company founded the Ben Franklin chain in 1927, which was sold in 1959. ...
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Coppell, Texas
Coppell ( ) is a city in the northwest corner of Dallas County in the U.S. state of Texas. It is a suburb of Dallas and a bedroom community in the Dallas–Fort Worth metroplex. Its population was 42,983 at the 2020 census. A small area in the far northern portion of the city extends into neighboring Denton County. History The Coppell area was settled by German and French immigrants in the 1840s. Members of the Peters Colony also settled here in the 1840s. Originally named Gibbs Station, after Barnett Gibbs (one of Texas's first lieutenant governors), the town was renamed in 1892 for George Coppell, a New York banker, who was born in Liverpool, England and probably moved to the United States circa 1859. He was reportedly heavily involved with the final construction of the local railroad line. Popular belief is that he was an engineer, but little or no evidence supports that claim. In 1955, the community was incorporated through a ballot measure that passed by a vote of 41 ...
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