April 24, 2018 8:18 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 to Open Second LI Location in Former Pathmark

Hobby Lobby will open its second store on Long Island in early 2018, in the space of a former Pathmark supermarket in Bay Shore. The location is in the Kohl's shopping center at 2060 Sunrise Hwy. Store hours will be 9 a.m. to 8 p.m. Monday through Saturday. Hobby Lobby stores are closed on Sundays. The 46,000-square-foot store is expected to create 35 to 50 jobs. Hobby Lobby pays $15.70 an hour for full-time employees and $10.45 for part-time employees, but wages could change by the time the store opens and depending on local wage requirements. The shopping center's landlord, Saxon Sunrise Realty, purchased the lease of the former Pathmark back from the bankrupt Great Atlantic & Pacific Tea Co., parent company of Waldbaum's and Pathmark supermarkets, for $2.3 million. The Pathmark space has remained vacant since the supermarket closed in 2015.

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.

Similar Private Companies By Industry

Company Name Region
#1 Cochran, Inc. United States
#1 Cycle Center, Inc. United States
1 Stop Electronics Center, Inc. United States
10 West Motorsports, Inc. United States
100MAC, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
Tax Management Inc United States
John F. Kennedy Center For The Performing Arts United States
NYC2012, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Hobby Lobby Stores, Inc., please visit www.hobbylobby.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.