Hobby Lobby
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A Hobby Lobby location in Stow, Ohio
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| Private | |
| Industry | Retail |
| Founded | Oklahoma City, Oklahoma, U.S. (August 1972) |
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Number of locations
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600 stores (2015) |
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Key people
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| Products | Arts and crafts supplies |
| Revenue |
 US$ 3.3 billion (2013)
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Number of employees
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23,000 |
| Website | www |
Hobby Lobby Stores, Inc. is a private for-profit, closely held corporation, and an American chain of retail arts and crafts stores based in Oklahoma City, Oklahoma, formerly called Hobby Lobby Creative Centers. The stores are managed by direct corporate hires.
David Green opened the first Hobby Lobby store, in a 300-square-foot (28 m2) space in northwest Oklahoma City, in 1972. Retail sales were $3,200 from August to the end of the year.He moved to a larger 1,000 square foot space in January 1973. A second store in Oklahoma City opened in 1975, and a store opened in Tulsa, Oklahoma the next year. It grew to seven stores by mid 1982, and the first store outside Oklahoma opened in 1984.
By the start of 1989, the chain had about 15 stores. By late 1992, it had grown to 50 locations in seven states, and its growth continued to accelerate. Its 100th store opened in August 1995, and its 200th in August 1999. By March 2002, that number had grown to 281 stores in 24 states, and 310 by October 2003.
As of April 2015[update], the chain has 600 stores nationwide with the headquarters building in a 3,400,000-square-foot (320,000 m2) manufacturing, distribution, and office complex.
Hobby Lobby stores and facilities are open for business every day with the exception of Sunday due to Green's Christian beliefs. He wanted his employees to have more time to spend for worship, rest, and family, even at the expense of profits. Hobby Lobby sites play a mixture of light jazz, classical, bluegrass, contemporary, Christian, and a variety of music styles such as pop and country over their speakers in stores, distributed by satellite from the Oklahoma City headquarters to each store.
Rather than using a barcode system, the company uses manual pricing for product ordering and accounting. The website states they "continue to look at and review the option of scanning at the registers but do not feel it is right for [them] at this time".
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Wikipedia