July 26, 2017 5:04 AM ET

Specialty Retail

Company Overview of Hobby Lobby Stores, Inc.

Company Overview

Hobby Lobby Stores, Inc. owns and operates a chain of arts and craft stores in the United States. The company provides products under various categories that include home décors and frames, crafts and hobbies, scrapbook and paper crafts, fabric and sewing products, yarn and needle art products, beads and jewelry, baking and party supplies, floral and wedding supplies, wearable arts, seasonal and novelty products, and gift cards. It also sells products online. Hobby Lobby Stores, Inc. was founded in 1972 and is based in Oklahoma City, Oklahoma.

7707 SW 44th Street

Oklahoma City, OK 73179

United States

Founded in 1972

Phone:

405-745-1721

Fax:

405-745-1854

Key Executives for Hobby Lobby Stores, Inc.

Founder and Chief Executive Officer
President
Chief Strategy Officer
Age: 56
Compensation as of Fiscal Year 2017.

Hobby Lobby Stores, Inc. Key Developments

Hobby Lobby Stores, Inc. Presents at NRF Protect 2017 Loss Prevention Conference & EXPO, Jun-26-2017

Hobby Lobby Stores, Inc. Presents at NRF Protect 2017 Loss Prevention Conference & EXPO, Jun-26-2017 . Venue: Gaylord National Harbor Hotel, Washington, United States.

Hobby Lobby Stores Inc. to Open a New Store in Early September

Hobby Lobby Stores Inc. announced that it will open a new store at the Holmdel Towne Center shopping plaza in early September. The 56,000-square-foot store has been vacant since A&P, one of the center's anchor tenants, went out of business in 2015. Hobby Lobby will bring 35 to 50 jobs to the store, which will pay $15.70 per hour for full time and $10.45 per hour for part time.

Hobby Lobby Stores, Inc Plans to Open First LI Store

Hobby Lobby will open a store in Commack, its first on Long Island. The retailer leased the 43,000-square-foot store in King Kullen Plaza on Veterans Memorial Highway that had been occupied by Sports Authority, which closed this year as part of the company’s bankruptcy. Currently leased by a Christmas pop-up store, Hobby Lobby will begin extensive remodeling after the holidays and aims to open the Commack store in August 2017. The company is seeking to expand here and is eyeing other potential locations. The company is expected to hire about 35–50 people to staff the Commack store, paying $15.35 per hour for full-time and $10.23 per hour for part-time workers.

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Recent Private Companies Transactions

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