IRVING, Texas, May 18 /PRNewswire-FirstCall/ -- Michaels Stores, Inc.
(NYSE: MIK) announced today that Thomas M. Bazzone has been appointed
President of the Company's growing ReCollections and Star Decorators Wholesale
Warehouse subsidiaries, managing all aspects of the Company's scrapbooking
retail stores and its wholesale business. He joined Michaels Stores, Inc. on
May 10, 2004, and reports directly to Michael Rouleau, Chief Executive
Officer.
Bazzone, 37, brings a wealth of retail experience to the position, serving
most recently as Executive Vice President, Chief Operating Officer and
Director of Restoration Hardware. Prior to that, he served as President and
Chief Operating Officer of RedEnvelope and as Vice President, Merchandise
Operations, for Williams-Sonoma. He graduated from Syracuse University with a
Bachelor of Science degree in Marketing Management in 1988. He began his
retail career as a store associate with Grossman's, Inc. in Canton, MA,
assuming positions of increasing responsibility, including the role of
Merchandise Manager, Building Materials.
Mr. Bazzone said, "I'm pleased to become the newest member of the Michaels
team, and I look forward to working with Michael Rouleau and our other
accomplished executives to continue the growth and development of the
Company's two newest formats."
Mr. Rouleau added, "Tom is a very talented executive who has both the
leadership capabilities and operational experience to lead these concepts.
I'm excited to add someone of his caliber to our executive team."
Michaels Stores, Inc. is the world's largest retailer of arts, crafts,
framing, floral, wall decor, and seasonal merchandise for the hobbyist and do-
it-yourself home decorator. The Company owns and operates 819 Michaels stores
in 48 states and Canada, 158 Aaron Brothers stores, located primarily on the
West Coast, two ReCollections stores in the Dallas/Fort Worth Metroplex, and
two wholesale operations in Dallas, TX, and Atlanta, GA.
This press release is also available on the Michaels Stores, Inc. website
(http://www.michaels.com ).
SOURCE Michaels Stores, Inc.
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Related links: http://www.michaels.com
Company News On-Call: http://www.prnewswire.com/comp/115769.html
CONTACT: Jeffrey N. Boyer, CFO-Executive Vice President, +1-972-409-1581, or Christopher J. Holland, Vice President-Finance, +1-972-409-1667, both of Michaels Stores, Inc.
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