# David Boone

> David Boone is the Dallas-based chief executive officer and a board member of The Michaels Companies. Appointed effective February 28, 2025, he oversaw expansion into fabric, sewing and party supplies as Joann and Party City closed stores. His career includes 16 years at Loblaw Companies, leadership at TD Bank USA, six years as Staples Canada CEO and an interim CEO role at Essendant. He joined QVC Group’s board in August 2026.

- **Role:** Chief Executive Officer at The Michaels Companies
- **Organizations:** The Michaels Companies, QVC Group, Essendant, Staples Canada, TD Bank USA, Loblaw Companies
- **Education:** Bachelor of Commerce, McMaster University, MBA, Northwestern University Kellogg School of Management and York University Schulich School of Business
- **Known for:** Led Staples Canada’s six-year retail transformation, including expansion of services and B2B businesses., Oversaw Michaels during its June 2025 acquisition of Joann intellectual property and private label brands., Led Michaels as The Knit & Sew Shop and The Party Shop were introduced chainwide in September 2025.

## Career timeline

- **Earlier career** — Spent 16 years at Loblaw Companies, including leadership of the National Wholesale Club Division and merchandising responsibilities.
- **Before 2018** — Held leadership roles at TD Bank USA, including work serving major U.S. retailers.
- **2018–2024** — CEO of Staples Canada; led changes to store formats, merchandise and services.
- **2024–2025** — Interim CEO of Essendant.
- **2025-02-28** — Became CEO and a board member of The Michaels Companies.
- **2026-08-06** — Joined QVC Group’s new board of directors.

## Achievements

- Led Staples Canada’s six-year retail transformation, including expansion of services and B2B businesses.
- Oversaw Michaels during its June 2025 acquisition of Joann intellectual property and private label brands.
- Led Michaels as The Knit & Sew Shop and The Party Shop were introduced chainwide in September 2025.
- Appointed to QVC Group’s board in August 2026.

## Latest updates

- **2026-10** — Michaels announced a Hallmark holiday film and in-store activity partnership on October 20, followed by its holiday consumer research on October 21; these are company initiatives during Boone’s tenure.
- **2026-08** — Appointed to QVC Group’s board of directors effective August 6.
- **2026-07** — Discussed Michaels’ new store format testing in Irving, Texas, and Easton, Ohio.
- **2026-01** — At the ICR Conference, described party and fabric expansion as an early strategic priority.

## Links

- Website: https://www.michaels.com
- LinkedIn: https://www.linkedin.com/in/davidbooneexecutive

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Profile page: https://yespress.io/david-boone
Published by YesPress — https://yespress.io
Last updated: 2026-10-21