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Is Michaels owned by Hobby Lobby?

Kate
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Is Michaels owned by Hobby Lobby?

No, Michaels is not owned by Hobby Lobby. Michaels is a craft store chain that is headquartered in Irving, Texas. The company was founded in 1973 and it went public in 1984. As of 2019, Michaels has more than 1,250 stores in the United States and Canada.

Hobby Lobby is a craft store chain that is headquartered in Oklahoma City, Oklahoma. The company was founded in 1972 and it is privately owned. As of 2019, Hobby Lobby has more than 800 stores in the United States.

While Michaels and Hobby Lobby are both craft store chains, they are not owned by the same company. Michaels is a publicly traded company, while Hobby Lobby is a privately owned company.

2 Related Question Answers Found

What is the difference between Michaels and Hobby Lobby?

When it comes to crafting and hobby supplies, two of the most popular stores are Michaels and Hobby Lobby. Both stores offer a wide variety of products, but there are some key differences between them. Michaels is a national chain with over 1,200 locations across the United States.

Is Hobby Lobby family owned?

Hobby Lobby is an American chain of retail arts and crafts stores based in Oklahoma City, Oklahoma, founded in 1972. The company is privately owned and operated by the Green family. Hobby Lobby is the largest privately owned arts and crafts retailer in the world with over 800 stores across 47 states.
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Kate
Kate is a researcher who has a passion for finding and sharing interesting information. She has a wide range of interests, from history and culture to science and technology, and is always on the lookout for new and exciting facts to share with her readers.
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