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By August 1972, the focus was on arts and crafts, and the business had thrived to such an extent that Green and his wife were able to open a 300 square-foot store in northwest Oklahoma City called Hobby Lobby. In 1975, Green left his 13-year career with TG&Y and opened a second Hobby Lobby location with 6,000 square feet of space. [2] [3]
Owner. Green family. Number of employees. 43,000+ (2020)[2] Website. www.hobbylobby.com. 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.
In 1966, Household Finance Corporation (HFC) acquired City Products. [2] In 1975, David Green left a supervisor job at TG&Y to open the second location in what would become the Hobby Lobby chain of arts and crafts stores, also based in Oklahoma City. [7] In 1986, when it had about 920 stores, TG&Y was acquired by competitor McCrory Stores. [4]
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Hobby Lobby smuggling scandal. The Hobby Lobby smuggling scandal started in 2009 when representatives of the Hobby Lobby chain of craft stores received a large number of clay bullae and tablets originating in the ancient Near East. The artifacts were intended for the Museum of the Bible, funded by the Evangelical Christian Green family, which ...