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Hobby Lobby Stores, Inc., formerly Hobby Lobby Creative Centers, is an American retail company. It owns a chain of arts and crafts stores with a volume of over $5 billion in 2018. [ 1 ] The chain has 1,001 stores in 48 U.S. states.
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On March 13, British job recruiters predicted the retail and hospitality industries would be hit hardest by the pandemic. [89] The collapse of Laura Ashley made it the first casualty of the pandemic with a loss of 2,700 jobs. [90] Fashion house Burberry announced it would cut 500 jobs globally after sales declined 45% during the first quarter ...
[2] [11] On January 5, 2011, BJ's announced it would close five underperforming stores in the Southeast, eliminate approximately 100 headquarters jobs by the end of the month, and restructure its home office and some field operations. Its restructuring moves would result in savings of 78 to 82 cents per share for its fiscal fourth quarter.