dealsmichaels - 40% off any one regular priced item…

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Not dissing this deal as it is informing those not in the know, but Michaels and Hobby Lobby pretty much post "40% off one item" coupons every week or every other week. Sometimes they alternate with merchandise-specific coupons. Just go to their website and click on the "view coupon" link.

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Signing up for their email will get you more coupons and advanced notice of the ads too. Oftentimes, the paper ad won't run in the Sunday paper, but will come out in email.
Downside - Michaels only accepts one coupon per customer/transaction, and they'll have you bounce between checkstands to use more than one.

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A.C Moore is much better.

And they have a 50% off coupon.

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@polyzoan: You're right 50% is a better deal. The problem with AC Moore is that the closest one for me is 22 miles away, and gas is expensive!