Here is a coupon.. for 20%
off your entire of regular priced items. It is good until Aug. 23rd.
http://www.michaels.com/coupons/081208/coupon.html
hope is comes out ok
I usually purchase bridal magazines, and there's always a 25% off your entire purchase coupon in them.
They used to do more 50% off coupon-- but not anymore-- same with JoAnn's.
I didnt know that there were coupons in bridal magazines.
i just got it via email, and wanted to share it just in case someone wanted to use it for smaller priced items, that you can't use the 40% off on.
20% off is better than paying full price! 
Every little bit helps out these days...
Sorry, didn't mean to discount (heh) your post... just wanted to point that out for future reference - since there is the initial expense of paying for the magazine. Obviously, 20% off is a good deal since you don't have to buy the magazine to get it. 
I know this isn't michaels but here is the link for a 40 percent off wilton products at Hobby Lobby!
http://www.hobbylobby.com/site3/weekly/weekly.cfm
Sorry if it sounded like i was snubbing the 20% off coupon-- I wasn't-- just wish they would give discounts like they used too! Cake supplies can add up quickly! One thing I noticed-- is that the 20% coupon can be used for your whole order! the 50% Off is only for one item. so the 20% can end up saving you more if you are buying a bunch of things all at once!
TFS!
Thank you. I am going to michaels tomorrow to buy
the stuff for my sons 1st birthday cake. I was trying to figure out what I would use the 40% coupon for and now i get 20% off everything, MUCH better. My husband will like that =)
Michaels takes HL coupons!
Check with the store though, some will only take printed coupons and not online ones. I tried this before and my Michaels was being a little poopy about it.
JoAnn's will sometimes take competitor's coupons too, but I think it's only for single item discounts and not entire order coupons.
Wow, I didnt know Michaels would take HL coupons... thats cool!! I went to HL today and love this coupon because there is no limit and they'll take 40% off all your items!! Usually you can only use one coupon at a time. That was nice!
We don't have a Hobby Lobby in my area, but our Michael's takes JoAnn's coupons, even ones printed off the internet. They also take Beverly Fabric and Craft coupons. I've even used 2 40% coupons in one transaction because they came from different stores. They're pretty generous, I guess!
The michael's in my area will not take HL internet coupons. they will only take the ones from the newspaper. (HL and JoAnn)
Michael's doesn't have as many coupons anymore, plus have you noticed that sometimes they put TWO weeks worth of coupons in one week and then you won't see a flyer ...
Well, I'll be off to Michael's tomorrow to buy some tips, $1 dollar items, candymelts... and more things that I probably don't need.. ha, ha.
Party city will take Factory Card Outlets coupons on regular priced items.
Isn't competition great !!!!!!
BTW while we are on the coupon subject.. since most of us are shopping for school supplies... Office Maxx, Staples and Officedepot honor each other's coupons.. YEAH!!!
Just used my 40% off coupon at Hobby Lobby... and got it off of ALL of my wilton products..
Then I went over to Michaels and used the 20% of entire purchase.
I just heard a radio commercial that there's a sale on Sunday and you can print an online coupon for 25% off your entire purchase. http://michaels.shoplocal.com/michaels/default.aspx?action=entry&pretailerid=-99855&siteid=237&adref=michaels&r=632628972511985621495195175&storeID=2414874
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