Corporate Office HQ

Crafts

Hobby Lobby Corporate Office

Hobby Lobby Logo

Hobby Lobby is a chain of arts and crafts stores that was founded by David Green in Oklahoma City, Oklahoma in 1972.

The company operates 525 stores in 40 states and internationally in China, Hong Kong, and the Philippines.

Hobby Lobby is the United States #3 craft and fabric retailer behind Michael’s Stores and Jo-Ann Stores.

Founder David Green is the CEO and operates the chain according to biblical principles, including closing the stores on Sundays. The chain has faced controversy for carrying Christian-holiday materials only.

Hobby Lobby Store front

The company also received protests and negative publicity after the Supreme Court upheld its right to deny female employees birth control under their health care plan in 2014.

The company recently lost a tax deduction claim through the IRS regarding their properties in early 2018. It is unknown if the company will appeal the $3.2 million payment due.

Hobby Lobby has 23,000 employees and with $3.3 billion in revenue, is #135 on the Forbe’s list of America’s Largest Private Companies.

Hobby Lobby store interior

Hobby Lobby

Hobby Lobby Logo

Hobby Lobby is a chain of arts and crafts stores that was founded by David Green in Oklahoma City, Oklahoma in 1972.

The company operates 525 stores in 40 states and internationally in China, Hong Kong, and the Philippines.

History

Hobby Lobby is the United States #3 craft and fabric retailer behind Michael’s Stores and Jo-Ann Stores.

Founder David Green is the CEO and operates the chain according to biblical principles, including closing the stores on Sundays. The chain has faced controversy for carrying Christian-holiday materials only.

Hobby Lobby Store front

The company also received protests and negative publicity after the Supreme Court upheld its right to deny female employees birth control under their health care plan in 2014.

The company recently lost a tax deduction claim through the IRS regarding their properties in early 2018. It is unknown if the company will appeal the $3.2 million payment due.

Hobby Lobby has 23,000 employees and with $3.3 billion in revenue, is #135 on the Forbe’s list of America’s Largest Private Companies.

Hobby Lobby store interior

Michael’s Stores Corporate Office

Michael Dupey founded Michael’s when he converted one of his father’s Ben Franklin stores into an arts and crafts store in 1973. This first store became a part of Dupey Enterprises, Inc., the Dupey family business run by Michael’s father, Jim Dupey, and the predecessor to Michael’s Stores, Inc.

In 1983 Micheal’s 11 stores were acquired by Peoples Restaurants, and one year later was spun-off as a publicly traded company, with shares trading on the NASDAQ.

After the IPO, Michael’s quickly acquired two chains of arts and crafts stores, making Michael’s national.

During the 1990’s Michael’s stuck to its goal of rapid expansion throughout the United States, and achieved a growth rate of 15%.

In 2006 two private equity groups, Bain Capital and Blackstone Group, purchased the company for $6 billion.

Craft stores have tried to stay open during the coronavirus quarantine periods, including Michael’s, Hobby Lobby, and JoAnn’s Fabrics.

Today there are 1,040 Michael’s stores in 49 U.S. states and Canada. The company owns and operates the Aaron Brothers chain, with 140 stores. Michael’s produces ten brands: Recollections, Studio Decor, Bead Landing, Creatology, Ashland, Celebrate It, Art Minds, Artist’s Loft, Craft Smart, and Loops & Threads. Michael’s has 44,000 employees and had $5.072 billion in revenue in 2019.

Michael’s CEO has decided to begin turning away from craft items and aim for more DIYer projects. 

Michael’s maintains its corporate office in Irving, Texas.

Michael's Stores, Inc.

Michael Dupey founded Michael’s when he converted one of his father’s Ben Franklin stores into an arts and crafts store in 1973. This first store became a part of Dupey Enterprises, Inc., the Dupey family business run by Michael’s father, Jim Dupey, and the predecessor to Michael’s Stores, Inc.

History

In 1983 Micheal’s 11 stores were acquired by Peoples Restaurants, and one year later was spun-off as a publicly traded company, with shares trading on the NASDAQ.

After the IPO, Michael’s quickly acquired two chains of arts and crafts stores, making Michael’s national.

During the 1990’s Michael’s stuck to its goal of rapid expansion throughout the United States, and achieved a growth rate of 15%.

In 2006 two private equity groups, Bain Capital and Blackstone Group, purchased the company for $6 billion.

Craft stores have tried to stay open during the coronavirus quarantine periods, including Michael’s, Hobby Lobby, and JoAnn’s Fabrics.

Today there are 1,040 Michael’s stores in 49 U.S. states and Canada. The company owns and operates the Aaron Brothers chain, with 140 stores. Michael’s produces ten brands: Recollections, Studio Decor, Bead Landing, Creatology, Ashland, Celebrate It, Art Minds, Artist’s Loft, Craft Smart, and Loops & Threads. Michael’s has 44,000 employees and had $5.072 billion in revenue in 2019.

Michael’s CEO has decided to begin turning away from craft items and aim for more DIYer projects. 

Michael’s maintains its corporate office in Irving, Texas.