Shares of arts and crafts retailer Michaels were on the move on Monday, gaining over 30% on news that the company has hired a Walmart executive as its new CEO. The company announced that Walmart executive Ashley Buchanan will become the company’s CEO in 2020. Buchanan will be succeeding Mark Cosby, who will enter a … Continue reading “Michaels Shares Pop After Walmart Executive is Named as New CEO”
