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Michaels Investigates Possible Data Breach

January 27, 2014 /

“We are working closely with federal law enforcement and are conducting an investigation with the help of third-party data security experts to establish the facts,” said Chuck Rubin, company CEO, in a letter to customers on the Michaels website. “Although the investigation is ongoing, based on the information we have received and in light of the widely-reported criminal efforts to penetrate the data systems of U.S. retailers, we believe it is appropriate to notify our customers that a potential issue may have occurred.”