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Hobby Lobby Stores, Inc.

Full company profile

uuid00ypv3a

Namestring
Hobby Lobby Stores, Inc.
Legal namestring
Hobby Lobby Stores, Inc.
Websiteurl
hobbylobby.com
Company typeenum
Private
Founded yearint
1972
Descriptiontext

Hobby Lobby Stores, Inc. is a privately held, family-owned arts and crafts retail chain founded in 1972 by David Green and headquartered in Oklahoma City, USA. The company operates a nationwide network of physical stores alongside an e-commerce site (hobbylobby.com) and a mobile app, providing individual consumers and hobbyists with arts and crafts supplies, home decor, fabrics, floral and seasonal merchandise, and custom framing services. Its assortment is organized across 14+ product departments, supporting a discount-oriented big-box specialty retail model aimed at value-driven U.S. consumers.

The company is structured around centralized buying, distribution, and store operations, enabling it to maintain a broad SKU base at price points intended to be competitive with both mass merchants and specialty craft retailers. Revenue is generated primarily through in-store transactions, supplemented by online and mobile app orders, plus ancillary service revenue from custom framing. Hobby Lobby employs more than 10,000 people across store, distribution, and corporate functions, and remains under the ownership and control of the Green family, with no public listing and no external equity capital events disclosed in the input data.

Operationally, Hobby Lobby competes on assortment breadth, price, and store-level service rather than on technology differentiation. The January 2026 CPSC product recall referenced in the input data illustrates that product safety and regulatory compliance are an active area of operational focus. The combination of long-tenured private ownership, a national footprint, multi-channel retail, and a discount pricing model defines both the company's strengths (scale, brand, and customer reach) and its constraints (limited disclosed innovation velocity and no visible AI/ML capability).

Short descriptiontext

Hobby Lobby Stores, Inc. is a privately held, family-owned U.S. arts and crafts retailer founded in 1972, operating a nationwide chain of stores plus e-commerce and a mobile app. It sells craft supplies, home decor, fabrics, floral, seasonal goods, and custom framing across 14+ departments to individual consumers.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersOklahoma City, United States
HQ citystring
Oklahoma City
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
arts and crafts supplies, home decor retail, custom framing services, fabric and sewing, seasonal decorations
Industry2 codes
1General Arts & Crafts Supplies Retail
CodeCRALACAAPrimaryYes
2Seasonal & Holiday Craft Supplies Retail
CodeCRALACAIPrimaryNo
NAICS code1 code
  • Hobby, Toy, and Game Retailers459120
SIC code1 code
  • Retail-Hobby, Toy & Game Shops5945
Product category
Arts, Crafts and Home Decor Retail
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Retail Sales
TypeOne Time License
Description

Hobby Lobby generates revenue through the sale of arts and crafts merchandise across 14+ product departments including home decor, kitchen and baking, yarn and needle art, fabric and sewing, floral and wedding, party supplies, and more. Products are sold at both physical retail locations and through the company's e-commerce website at hobbylobby.com.

hobbylobby.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure
Pricing details3 tiers
1Free shipping threshold
ModelOtherBilling cadencePay-as-you-go
Notes

Free shipping on orders $59 or more. No minimum for in-store purchases.

hobbylobby.com
2Gift cards
ModelOtherBilling cadencePay-as-you-go
Notes

Hobby Lobby gift cards available in denominations from $10 to $300, with multiple design options including Confetti, Happy Birthday Candles, Neon Lights, Happy Faces, Spring Mosaic, Abstract, Just For You, and Hobby Lobby Gift Bow designs.

hobbylobby.com
3Standard retail merchandise
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Home Decor always 40% off the marked price; Mirrors & Lamps always 50% off the marked price; Furniture always 30% off the marked price. Custom framing always 50% off frame only. Standard buttons always 99 cents to $1.99. Gift cards $10-$300.

hobbylobby.com
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Hobby Lobby Stores, Inc. is a privately held retail chain that sells arts and crafts supplies, home decor, fabrics, seasonal merchandise, party supplies, and related hobby products across 14+ product departments. The company operates a nationwide network of physical retail stores complemented by an e-commerce website (hobbylobby.com) and an iOS mobile app. It also offers in-store custom framing services and gift cards.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Hobby Lobby Stores, Inc. is a retail arts and crafts chain offering a unified but multi-department product portfolio. The core offering spans 14 distinct merchandise categories: Home Decor & Frames (wall art, mirrors, lighting, furniture, bedding), Kitchen & Baking (bakeware, cake decorating, dinnerware), Yarn & Needle Art (knitting, crochet, cross stitch), Fabric & Sewing (fabrics by the yard, quilting, sewing machines), Crafts & Hobbies (model kits, candle/soap making, clay, wood crafts), Floral & Wedding (artificial flowers, wreaths, wedding decorations), Party Supplies (balloons, tableware, gift wrap), Scrapbook & Paper Crafts (stickers, vinyl, card making, sublimation), Art Supplies (paints, canvases, brushes, art sets), Beads & Jewelry (beads, findings, fashion jewelry), Wearable Art (blank shirts, iron-on patches, fabric paint), and Seasonal (holiday and seasonal decorations). Supporting offerings include Gift Cards (in various designs, $10-$300), Everyday Deals (value-priced items), and Custom Framing services (50% off). The company positions its stores with a distinctive discount model featuring permanent markdowns on select categories rather than traditional sales cycles.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Amazon is the dominant online competitor across all of Hobby Lobby's categories—art supplies, yarn, fabric, beads, home decor, and party supplies—offering broader selection, marketplace pricing dynamics, and fast shipping. Hobby Lobby's omission of third-party marketplace presence makes Amazon a particularly direct substitute for online orders.

TypeDirect peer
Description

Michaels is the largest direct competitor in arts & crafts specialty retail in the United States, operating a comparable multi-category assortment (fabric, yarn, framing, home decor, seasonal) across physical stores and e-commerce. It is the most directly comparable specialty chain to Hobby Lobby in customer base, product mix, and go-to-market motion.

TypeEmerging player
Description

Tandy Leather is a specialty retailer of leather, tools, and leather-crafting supplies that overlaps with Hobby Lobby's leather-crafting assortment. It serves a narrower enthusiast segment but competes for the same discretionary hobby spend.

TypeBroad incumbent
Description

Target competes in Hobby Lobby's adjacent categories—seasonal decor, party supplies, home accents, and basic craft/activity kits—via its general merchandise assortment and owned brands. It overlaps in customer demographic but does not focus on the deep hobby/craft enthusiast.

TypeDirect peer
Description

Blick is a long-established specialty retailer focused on fine art supplies (paints, canvases, brushes, drafting, art books) that overlap directly with Hobby Lobby's Art Supplies department. It serves a more professional and serious-artist customer but competes head-on in the art supplies category.

TypeBroad incumbent
Description

Walmart competes across multiple Hobby Lobby categories (home decor, fabric, seasonal, party, art supplies) at lower price points through its physical supercenters and dominant e-commerce platform. It does not specialize in crafts but represents a meaningful share-of-wallet competitor for the same discretionary purchases.

TypeDirect peer
Description

JOANN was historically a direct peer in fabric, sewing, and craft supplies with overlapping customer segments. Although the chain underwent major restructuring in 2024–2025, its prior footprint defines the competitive set Hobby Lobby operates within and its absence leaves share to be redistributed among remaining chains.

TypeRegional player
Description

Hobbycraft is the UK's largest arts & crafts specialty chain and is directly comparable in assortment, store format, and customer proposition. It does not compete in the US market but serves as the closest international analog to Hobby Lobby's specialty-craft big-box model.

TypeBroad incumbent
Description

Dollar Tree and Family Dollar carry low-priced craft kits, seasonal decor, party supplies, and basic art supplies that overlap with Hobby Lobby's Everyday Deals and value-priced SKUs. While not a specialist, they compete on price-sensitive craft and seasonal purchases.

TypeEmerging player
Description

Etsy operates as a marketplace for handmade craft supplies, beads, fabric, and DIY materials that intersect with Hobby Lobby's maker and crafter customer base. Its marketplace model offers niche and specialty items Hobby Lobby may not stock, creating an alternative destination for hobbyists.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Hobby Lobby Stores, Inc.

Arts, Crafts and Home Decor Retailhobbylobby.com

Hobby Lobby Stores, Inc. is a privately held, family-owned U.S. arts and crafts retailer founded in 1972, operating a nationwide chain of stores plus e-commerce and a mobile app. It sells craft supplies, home decor, fabrics, floral, seasonal goods, and custom framing across 14+ departments to individual consumers.

What Hobby Lobby Stores, Inc. does

Hobby Lobby Stores, Inc. is a privately held, family-owned arts and crafts retail chain founded in 1972 by David Green and headquartered in Oklahoma City, USA. The company operates a nationwide network of physical stores alongside an e-commerce site (hobbylobby.com) and a mobile app, providing individual consumers and hobbyists with arts and crafts supplies, home decor, fabrics, floral and seasonal merchandise, and custom framing services. Its assortment is organized across 14+ product departments, supporting a discount-oriented big-box specialty retail model aimed at value-driven U.S. consumers.

The company is structured around centralized buying, distribution, and store operations, enabling it to maintain a broad SKU base at price points intended to be competitive with both mass merchants and specialty craft retailers. Revenue is generated primarily through in-store transactions, supplemented by online and mobile app orders, plus ancillary service revenue from custom framing. Hobby Lobby employs more than 10,000 people across store, distribution, and corporate functions, and remains under the ownership and control of the Green family, with no public listing and no external equity capital events disclosed in the input data.

Operationally, Hobby Lobby competes on assortment breadth, price, and store-level service rather than on technology differentiation. The January 2026 CPSC product recall referenced in the input data illustrates that product safety and regulatory compliance are an active area of operational focus. The combination of long-tenured private ownership, a national footprint, multi-channel retail, and a discount pricing model defines both the company's strengths (scale, brand, and customer reach) and its constraints (limited disclosed innovation velocity and no visible AI/ML capability).

Hobby Lobby Stores, Inc. firmographics

Firmographics
Name
Hobby Lobby Stores, Inc.
Legal name
Hobby Lobby Stores, Inc.
Website
https://hobbylobby.com
Company type
Private
Founded year
1972
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Hobby Lobby Stores, Inc. is a privately held, family-owned U.S. arts and crafts retailer founded in 1972, operating a nationwide chain of stores plus e-commerce and a mobile app. It sells craft supplies, home decor, fabrics, floral, seasonal goods, and custom framing across 14+ departments to individual consumers.
Ownership category
akta.pro rank

Hobby Lobby Stores, Inc. industry classification

Industry
Product category
Arts, Crafts and Home Decor Retail
NAICS
Hobby, Toy, and Game Retailers (459120)
SIC
Retail-Hobby, Toy & Game Shops (5945)
akta.pro primary industry
General Arts & Crafts Supplies Retail (CRALACAA)
akta.pro secondary industry
Seasonal & Holiday Craft Supplies Retail (CRALACAI)

Keywords

  • Arts and crafts supplies
  • Home decor retail
  • Custom framing services
  • Fabric and sewing
  • Seasonal decorations

Where Hobby Lobby Stores, Inc. is headquartered

Location

Headquarters

HQ city
Oklahoma City
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Hobby Lobby Stores, Inc. business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

  1. Retail Sales: Hobby Lobby generates revenue through the sale of arts and crafts merchandise across 14+ product departments including home decor, kitchen and baking, yarn and needle art, fabric and sewing, floral and wedding, party supplies, and more. Products are sold at both physical retail locations and through the company's e-commerce website at hobbylobby.com.

Pricing tiers

ModelBillingPrice
OtherPay-as-you-goFree shipping threshold
OtherPay-as-you-goGift cards
Unit PricingPay-as-you-goStandard retail merchandise

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Hobby Lobby Stores, Inc. product offering

Product offering

Core offering

Hobby Lobby Stores, Inc. is a privately held retail chain that sells arts and crafts supplies, home decor, fabrics, seasonal merchandise, party supplies, and related hobby products across 14+ product departments. The company operates a nationwide network of physical retail stores complemented by an e-commerce website (hobbylobby.com) and an iOS mobile app. It also offers in-store custom framing services and gift cards.

Product overview

Hobby Lobby Stores, Inc. is a retail arts and crafts chain offering a unified but multi-department product portfolio. The core offering spans 14 distinct merchandise categories: Home Decor & Frames (wall art, mirrors, lighting, furniture, bedding), Kitchen & Baking (bakeware, cake decorating, dinnerware), Yarn & Needle Art (knitting, crochet, cross stitch), Fabric & Sewing (fabrics by the yard, quilting, sewing machines), Crafts & Hobbies (model kits, candle/soap making, clay, wood crafts), Floral & Wedding (artificial flowers, wreaths, wedding decorations), Party Supplies (balloons, tableware, gift wrap), Scrapbook & Paper Crafts (stickers, vinyl, card making, sublimation), Art Supplies (paints, canvases, brushes, art sets), Beads & Jewelry (beads, findings, fashion jewelry), Wearable Art (blank shirts, iron-on patches, fabric paint), and Seasonal (holiday and seasonal decorations). Supporting offerings include Gift Cards (in various designs, $10-$300), Everyday Deals (value-priced items), and Custom Framing services (50% off). The company positions its stores with a distinctive discount model featuring permanent markdowns on select categories rather than traditional sales cycles.

Differentiator

Problem solved

Functional benefit

Companies that use Hobby Lobby Stores, Inc.

Customer profile

Segments1 record

Ideal customer profiles1 record

Hobby Lobby Stores, Inc. technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Hobby Lobby Stores, Inc. partnerships and signals

Strategic signal

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Hobby Lobby Stores, Inc. competitors and assessment

Company assessment

Broad incumbents

  • Amazon: Amazon is the dominant online competitor across all of Hobby Lobby's categories—art supplies, yarn, fabric, beads, home decor, and party supplies—offering broader selection, marketplace pricing dynamics, and fast shipping. Hobby Lobby's omission of third-party marketplace presence makes Amazon a particularly direct substitute for online orders.
  • Target: Target competes in Hobby Lobby's adjacent categories—seasonal decor, party supplies, home accents, and basic craft/activity kits—via its general merchandise assortment and owned brands. It overlaps in customer demographic but does not focus on the deep hobby/craft enthusiast.
  • Walmart: Walmart competes across multiple Hobby Lobby categories (home decor, fabric, seasonal, party, art supplies) at lower price points through its physical supercenters and dominant e-commerce platform. It does not specialize in crafts but represents a meaningful share-of-wallet competitor for the same discretionary purchases.
  • Dollar Tree: Dollar Tree and Family Dollar carry low-priced craft kits, seasonal decor, party supplies, and basic art supplies that overlap with Hobby Lobby's Everyday Deals and value-priced SKUs. While not a specialist, they compete on price-sensitive craft and seasonal purchases.

Direct peers

  • Michaels: Michaels is the largest direct competitor in arts & crafts specialty retail in the United States, operating a comparable multi-category assortment (fabric, yarn, framing, home decor, seasonal) across physical stores and e-commerce. It is the most directly comparable specialty chain to Hobby Lobby in customer base, product mix, and go-to-market motion.
  • Dick Blick Art Materials: Blick is a long-established specialty retailer focused on fine art supplies (paints, canvases, brushes, drafting, art books) that overlap directly with Hobby Lobby's Art Supplies department. It serves a more professional and serious-artist customer but competes head-on in the art supplies category.
  • JOANN: JOANN was historically a direct peer in fabric, sewing, and craft supplies with overlapping customer segments. Although the chain underwent major restructuring in 2024–2025, its prior footprint defines the competitive set Hobby Lobby operates within and its absence leaves share to be redistributed among remaining chains.

Emerging players

  • Tandy Leather: Tandy Leather is a specialty retailer of leather, tools, and leather-crafting supplies that overlaps with Hobby Lobby's leather-crafting assortment. It serves a narrower enthusiast segment but competes for the same discretionary hobby spend.
  • Etsy: Etsy operates as a marketplace for handmade craft supplies, beads, fabric, and DIY materials that intersect with Hobby Lobby's maker and crafter customer base. Its marketplace model offers niche and specialty items Hobby Lobby may not stock, creating an alternative destination for hobbyists.

Regional players

  • Hobbycraft: Hobbycraft is the UK's largest arts & crafts specialty chain and is directly comparable in assortment, store format, and customer proposition. It does not compete in the US market but serves as the closest international analog to Hobby Lobby's specialty-craft big-box model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Hobby Lobby Stores, Inc. social profiles

Digital presence

Hobby Lobby Stores, Inc. financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Hobby Lobby Stores, Inc. leadership team

Management profile

Number of profiles

Profiles1 record

Hobby Lobby Stores, Inc. funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Hobby Lobby Stores, Inc. M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hobby Lobby Stores, Inc.

What does Hobby Lobby Stores, Inc. do?

Hobby Lobby Stores, Inc. is a privately held retail chain that sells arts and crafts supplies, home decor, fabrics, seasonal merchandise, party supplies, and related hobby products across 14+ product departments. The company operates a nationwide network of physical retail stores complemented by an e-commerce website (hobbylobby.com) and an iOS mobile app. It also offers in-store custom framing services and gift cards.

Is Hobby Lobby Stores, Inc. a public or private company?

Hobby Lobby Stores, Inc. is a private company. It is classified as family owned and is currently operating.

When was Hobby Lobby Stores, Inc. founded?

Hobby Lobby Stores, Inc. was founded in 1972. It employs 5,001 to 10,000 people.

Where is Hobby Lobby Stores, Inc. based?

Hobby Lobby Stores, Inc. is headquartered in Oklahoma City, United States, in the North America region.

How does Hobby Lobby Stores, Inc. make money?

One revenue line is on record: retail Sales.

Who are Hobby Lobby Stores, Inc.'s main competitors?

Broad incumbents on record are Amazon, Target, Walmart and Dollar Tree. Direct peers are Michaels, Dick Blick Art Materials and JOANN. Emerging players are Tandy Leather and Etsy. Hobbycraft is listed as a regional player.

Does Hobby Lobby Stores, Inc. have an API?

No public API is recorded for Hobby Lobby Stores, Inc..

What industry is Hobby Lobby Stores, Inc. in?

Hobby Lobby Stores, Inc.'s product category is Arts, Crafts and Home Decor Retail. Its primary akta.pro industry code is CRALACAA, General Arts & Crafts Supplies Retail, with a secondary code of CRALACAI, Seasonal & Holiday Craft Supplies Retail. Its NAICS code is 459120 and its SIC code is 5945.

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Live signals
YahooBroadstone Net Lease Adds $23 Million to its Committed Pipeline of Build-to-Suit DevelopmentsBroadstone Net Lease, Inc. announced on August 25, 2026 that it has secured land and begun construction on two build-to-suit developments for Hobby Lobby and Academy Sports in Manor, Texas, both off-market and expected to deliver in the second quarter of 2027. The projects total $22.77 million in estimated investment, with estimated straight-line yields of 7.4% and 7.3%.Lane ReportArk Encounter is celebrating its 10th anniversaryArk Encounter is celebrating its 10th anniversary with special events starting July 9, including sessions with three astronauts and Christian speakers. The celebration includes concerts, a drama, and a dessert reception with Ken Ham and Ray Comfort. The park plans to expand with new hotels and attractions over the next decade.American City Business JournalsHobby Lobby to open at Promenade at Sacramento GatewayHobby Lobby may open a new store in North Natomas, Sacramento, at 3671 North Freeway Blvd. in the Promenade at Sacramento Gateway, a 60,000-square-foot space previously occupied by Burlington Stores. The Sacramento region currently has six Hobby Lobby locations, and the company has over 1,000 stores nationwide.Snopes.comIs Hobby Lobby bankrolling campaign to overturn same-sex marriage? What we knowSnopes is investigating claims that Hobby Lobby and its founder David Green are funding a campaign to overturn the Supreme Court's same-sex marriage ruling. While verification confirms that The Servant Foundation, an organization with ties to Green, donated $300,000 to the group Them Before Us, direct evidence of Green's current financial contributions remains unverified.ModbeeWhere can I find fabric in Modesto area now Joann is closing? See local pricesJoann Fabric and Crafts has filed for bankruptcy for the second time in a year, citing slow sales and inventory challenges as it seeks to divest assets. The retailer is closing its locations, including two stores in Stanislaus County, California, while offering up to 70% off remaining merchandise. Local competitors such as Hobby Lobby, Michaels, and Rainbow Fabrics are expected to see increased demand from displaced customers.OkcommerceOklahoma Department of CommerceOklahoma is fostering entrepreneurship by investing in new businesses and connecting them with investors through various resources such as co-working spaces and accelerators. Significant companies and organizations in the state include NORDAM, Hobby Lobby, and Paycom, which illustrate the success and potential of local entrepreneurship. Initiatives like Oklahoma Investment Link help entrepreneurs present their ideas to accredited investors monthly.siliveFrom Aldi to Hobby Lobby: These new businesses opened on Staten Island in 2024Several major retail and service companies, including Hobby Lobby, Aldi, and Five Below, opened new locations on Staten Island in 2024. These expansions include the first NYC store for Hobby Lobby and the first two stores for Aldi in the borough, alongside new outlets for Homegoods, Burlington, and Rumble Boxing. Additionally, venues for pickleball and eyewear retailer Warby Parker launched, while BJ's Wholesale Club is currently constructing its first Staten Island location.PR NewswireSteven Green, President of Hobby Lobby Stores, Inc., to Receive 2024 Horatio Alger AwardSteven T. Green, President of Hobby Lobby Stores, Inc., has been selected for membership in the Horatio Alger Association and will receive the 2024 Horatio Alger Award in Washington, D.C. Green, who began his career as a stock boy with the company after high school and rose to president over several decades, is being recognized for overcoming adversity and achieving professional success. The Horatio Alger Association, a nonprofit educational organization, inducts individuals who exemplify perseverance and provides need-based scholarships to students pursuing higher education.Business InsiderDOJ seized the Gilgamesh Dream Tablet — a portion of the epic of Gilgamesh — from Hobby LobbyThe Department of Justice seized the Gilgamesh Dream Tablet from Hobby Lobby's Museum of the Bible, recovered in 2019. The tablet, smuggled into the US in 2003 and 2014, was forfeited after Hobby Lobby consented. The DOJ said the forfeiture shows its commitment to eliminating smuggled cultural property.HyperallergicDispelling the Myths Around the Hobby Lobby Antiquities CaseThe U.S. Justice Department fined Hobby Lobby $3 million and ordered the forfeiture of 3,594 cuneiform tablets smuggled from Iraq, concluding a federal investigation into the company's acquisition of unprovenanced antiquities. The article argues that despite the penalty, the outcome is favorable for Hobby Lobby as it allows them to retain most of their collection and proceed with opening the Museum of the Bible without further legal interruption. It further critiques the academic community for legitimizing such looted artifacts through partnerships with the Green family.