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Michaels Stores hires Menzer as ceo

Irving, Texas – Arts and crafts retailer Michaels Stores, Inc., has named former Wal-Mart exec John Menzer, ceo, effective “in early April, but no later than April 15.”

Menzer most recently served as vice chairman and chief administrative officer of Wal-Mart Stores, Inc.; he previously was president and ceo of Wal-Mart International.

For 10 years prior to joining Wal-Mart, Menzer was a senior executive in the arts and crafts industry, including a stint as president of Ben Franklin Retail Stores, a hybrid arts and crafts / general merchandise wholesaler and retailer.

Michaels is owned by a private equity consortium led by Bain Capital and The Blackstone Group.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

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