Hobby Lobby vs Apple

About

Hobby Lobby is the world's largest privately held arts-and-crafts retailer, founded in 1972 by David Green in Oklahoma City, Oklahoma. What started as a 300-square-foot picture frame shop in the Green family garage has grown into a national retail institution with a distinct identity rooted in Christian values. The company is 100% family-owned and famously closed on Sundays, a policy reflecting its faith-based operating philosophy.\n\nHobby Lobby's stores average 55,000 square feet and carry more than 80,000 products across crafts, fabric, floral, seasonal décor, frames, and art supplies. The company operates its own manufacturing and sourcing operations across Asia, contributing to its ability to offer deep, frequent discounts — typically 40% off on rotating categories. Hobby Lobby serves DIY enthusiasts, home decorators, teachers, and small craft business owners primarily in suburban and rural US markets. Its everyday low-price strategy and massive store format make it a destination retailer.\n\nHobby Lobby operates 1,072 stores across the United States and generated $7.9 billion in revenue in 2023. The company has an ambitious expansion plan targeting 1,500 US stores by 2026, representing nearly 40% growth from its current footprint. Despite competition from Amazon, Michaels, and JOANN, Hobby Lobby has maintained strong performance through its differentiated product mix, consistent promotional cadence, and loyal customer base among religious and craft communities.