Newspaper article THE JOURNAL RECORD

Green: OKC-Based Hobby Lobby to Keep Growing

Newspaper article THE JOURNAL RECORD

Green: OKC-Based Hobby Lobby to Keep Growing

Article excerpt

Same-store sales at Hobby Lobby Stores Inc. are up about 9 percent this year and the company will have about 520 stores across the country by the end of the year, CEO David Green said Tuesday at the Idea Exchange, an event sponsored by the International Council of Shopping Centers.

Speaking with Carl Edwards, partner in Price Edwards & Co., Green said the company continues to expand its headquarters in southwest Oklahoma City.

Hobby Lobby has about 5.5 million square feet of office and warehouse space on its corporate campus at 7707 SW 44th St. and is in the process of adding about another 1 million square feet to accommodate its expansion, Green said.

The headquarters serves as a central distribution center for all 490 of its stores in 40 states. About 100,000 seasonal and everyday products are shipped to each store from the Oklahoma City warehouses.

"Ninety-eight percent of what is in every one of our stores is in Oklahoma City first," Green said.

Hobby Lobby has about 22,000 employees companywide and about 4,000 in Oklahoma. …

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