I've been trying to figure out what's going on at A.C. Moore right now since my mom works there (and she keeps telling me everything is okay, which I'm not buying.)
And to be honest, nothing makes much sense. So the company is going out of business and closing all of its stores, but Michael’s will take over 40 locations? Does that mean 40 locations will just change their name and everything will continue as usual or will Michael’s start from scratch? What happens to the employees in that case?
Also, any ideas on which 40 stores everybody is talking about? I'd really appreciate some clarity on this issue, so thanks in advance for any answers.