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While I find their selection to be less than exciting this year, I was not surprised. I think we will see less and less holiday merchandise as long as the economy continues in the current state. People are just not buying non-esentials and stores don't want to be stuck clearancing a large amount of their merchandise.
I must say though, about Michael's, I think they are some of the biggest price-gougers on the planet! A 50% off coupon only brings their price down to "fairly reasonable" so I laugh at their 20% off 'sales".
The store I am most disappointed in is Garden Ridge. No more Lemax and no more life size Gemmys. I now have no reason to shop there at all.
 
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