March 05, 2015 7:49 PM 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 comprise arts, cards and party, crafts, fabric and sewing, floral, home decor and framing, baking and party supplies, hobbies, home accents, beads and jewelry making, yarn and needle art, scrapbooking and paper crafts, seasonal and novelty, wearable, wedding, artist supplies, and gift cards. It also manufactures store fixtures, candles, scented products, art canvas, and picture frames. In addition, the company provides product packaging services. It sells products online. Hobby Lobby Stores, Inc. was founded in 1972 and is based in Okla...

7707 SW 44th Street

Oklahoma City, OK 73179

United States

Founded in 1972





Key Executives for Hobby Lobby Stores, Inc.

Founder, Chief Executive Officer and President
Compensation as of Fiscal Year 2014.

Hobby Lobby Stores, Inc. Key Developments

Hobby Lobby Store to Open Oxnard Site

Hobby Lobby store announced that it is set to open August 1, 2014 a month after the Supreme Court sided with the arts and crafts chain to allow certain private companies not to provide contraception coverage for religious reasons. About 80 people were hired to fill full-time and part-time positions at the store in the 2300 block of Rose Avenue near Gonzales Road in Oxnard. The store location is between the Jo-Ann Fabric and Craft and Ross Dress for Less stores in the Shopping at the Rose center. The 40,400-square-foot Oxnard store will be open 9 a.m. to 8 p.m. Monday through Saturday starting August 1, 2014 with its official grand opening August 4, 2014. All Hobby Lobby stores are closed Sundays. Hobby Lobby is looking to expand throughout California. A new location in West Covina also is set to open at the end of the month.

Hobby Lobby to Open This Fall in Tacoma

Hobby Lobby plans to open a store in central Tacoma this fall, in the old Top Foods location near Highway 16. The Tacoma location, at 3130 South 23rd St. in the Tacoma Central Shopping Center, will be the Oklahoma-based craft retailera s sixth location in Western Washington, after Lakewood, Federal Way, Lynnwood, Everett and Mt. Vernon.

Hobby Lobby Stores, Inc. to Open 70 New Stores Across the U.S. in 2014

Hobby Lobby Stores, Inc. announced that it will open 70 new stores in 2014 across the United States, bringing the number of retail locations nationwide to 626. As part of this expansion, Hobby Lobby will open its first stores in Oregon and Vermont. The expansion comes amid inaccurate rumors circulating through social media that the company would be closing stores. Three years ago, the federal government mandated that the Greens provide four potentially life-terminating drugs and devices through their employee health plan. While the Green family has no objection to providing 16 of the 20 FDA-approved contraceptive methods, the family objects to four potentially life-terminating drugs and devices that conflict with their religious beliefs. The U.S. Supreme Court is scheduled to hear the case in March and make a decision by June 2014.

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