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Home > Company Index > Specialty Retail > Toy & Hobby Retailing > Hobby Lobby Stores, Inc.

Hobby Lobby Stores, Inc.
 PROFILE
If something wicker this way comes, Hobby Lobby Stores might be the source. The company operates about 250 stores in 24 states, selling arts and craft supplies, candles, baskets, silk flowers, home decorating accessories, and frames. Hobby Lobby is the #3 craft retailer (after Michaels Stores and Jo-Ann Stores), and it prefers to set up shop in second-generation retail sites (such as vacated supermarkets and Wal-Mart stores). Sister companies supply Hobby Lobby with merchandise. Distribution is controlled through one center in Oklahoma City. CEO David Green, who owns the company with his wife, Barbara, founded the company in 1972 and operates it according to biblical principles, including closing stores on Sunday.

 COMPETITION
Garden Ridge Corporation (dossier)
Jo-Ann Stores, Inc. (JAS)
Michaels Stores, Inc. (MIKE)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 798.00
1-Yr. Sales Growth: (0.3)%
Employees: 12,000
Revenue per employee: $66,500.00

 KEY PEOPLE
• David Green
    CEO
• Patrick Jones
    CFO

 CONTACT INFO
7707 SW 44th St.
Oklahoma City, OK 73179
US
Phone: 405-745-1100
Fax: 405-745-1636
Online: Web Site

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