Reuters reported in January that smaller breaches on at least three other well-known U.S. retailers took place and were conducted using similar techniques as the one on Target.
U.S. retailers are planning to form an industry group for collecting and sharing intelligence in a bid to prevent future attacks.
Michaels Stores, which owns several private brands such as Recollections, Artist’s Loft and Loops & Threads, competes with Hooby Lobby Stores Inc, Jo-Ann Stores Inc and Wal-Mart Stores Inc.
Read more: http://www.dailymail.co.uk/news/article-2607520/Three-million-credit-card-numbers-stolen-Michaels-Stores-security-breach.html#ixzz2zF7qE0l3