Hobby Lobby Is A Chain Retail Store Essay

888 Words 4 Pages
Hobby Lobby is a chain retail store privately owned by the Green family and is known for its craft and arts supplies as well as candles, flowers, and home décor. Hobby Lobby offers over 70,000 products in over 600 stores nationwide, and is also known for its strong Christian ethics management policy. There is a growing arts and craft market in the U.S. and Hobby Lobby is growing with it. Hobby Lobby contends with several competitors such as Michaels, Hancock Fabrics, Old Time Pottery, A.C. Moore Arts & Crafts, Jo-Ann and Wal-Mart (SWOT Analysis. Pg. 1-6.) David Green is the founder and CEO of Hobby Lobby. The store began as Greco Products in 1972 and sold large appliances, luggage, and art prints. In the 1980s sales dropped, so in 1986 Green changed store strategy to its modern version marketing art, crafts, home décor, and faux flowers. The store became profitable again and has been growing steadily since the late 1980s. Green is a devoted Christian and believes in running the corporation according to his beliefs; for example, all Hobby Lobby stores are closed on Sundays so employees can attend worship services. Hobby Lobby faced a recent challenge to its operation with the passing of the Affordable Care Act mandating corporations to provide contraception’s to their employees as part of the employee benefits health care plan. Hobby Lobby challenged the ACA in the Supreme Court on the basis that as Christian employers, they are exempt from the law because of their first…

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