Hobby Lobby Stores, Inc. - Strategic SWOT Analysis Review by GlobalData

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									                    Hobby Lobby Stores, Inc. - Strategic SWOT Analysis Review
        Reference Code: GDRT30038SA                                                                                          Publication Date: NOV 2012

          7707 S.W. 44th Street                              Phone             +1 405 7451100                   Revenue         NA
          Oklahoma City, OK                                  Fax               +1 405 7451547                   Net Profit      NA
          73179                                              Website           www.hobbylobby.com               Employees       NA
          United States                                      Exchange                                           Industry        Retailing

       Company Overview
       Hobby Lobby Stores, Inc. (Hobby Lobby) is a specialty retailer. The company principally conducts the retailing of crafts, hobbies,
       picture framing, jewelry making, fashion fabrics, cards & party, baskets, scrap booking, flora, seasonal, wearable art, home
       accents, and holiday supplies and other related products. It also operates through affiliates companies such as Mardel,
       Hemispheres, Ethno-Graphic Media, Every Tribe Entertainment and Mart Green. Hobby Lobby Stores covers wide variety of
       music, where the music is provided through satellite. Currently, the company operates through 524 stores in 39 states of the US.
       Key Executives                                                             SWOT Analysis
                     Name                                Title                     Hobby Lobby Stores, Inc., SWOT Analysis
         David J. Watterson                Chairman                                Strengths                            Weaknesses
         David Green                       Chief Executive Officer
                                                                                   Wide Network of Stores               Limited Access to International
         Steven Green                      President                                                                    Markets
                                                                                   Broad Product and Service
         Matthew N. Allen                  Chief          Merchandising
                                                                                   Portfolio
                                           Officer
          S. Fred Beck                     Chief Financial Officer
        Source: Company Website, Primary and Secondary Research,
                                                                                   Opportunities                        Threats
        GlobalData
                                                                                   Business Expansion Activities        Global Economic Slowdown

        Key Competitors                                                            Growth in e-retailing                Intense Market Competition
         Precor Incorporated
         Cybex International Inc                                                  Source: Company Website, Primary and Secondary Research, GlobalData

         Octane Fitness, LLC
         Nautilus, Inc.
        Life Fitness
        Source: Company Website, Primary and Secondary Research,
        GlobalData




Hobby Lobby Stores, Inc. - Strategic SWOT Analysis Review                                                                       Reference Code: GDRT30038SA
Source : www.globalcompanyintelligence.com                                                                                                                Page 1
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       Table of Contents
       Table of Contents ............................................................................................................................................................................... 2
          List of Tables .................................................................................................................................................................................. 3
       Section 1 - About the Company.......................................................................................................................................................... 4
       Hobby Lobby Stores, Inc. - Key Facts ................................................................................................................................................ 4
       Hobby Lobby Stores, Inc. - Key Employees ....................................................................................................................................... 5
       Hobby Lobby Stores, Inc. - Key Employee Biographies ..................................................................................................................... 6
       Hobby Lobby Stores, Inc. - Major Products and Services .................................................................................................................. 7
       Hobby Lobby Stores, Inc. - History ..................................................................................................................................................... 8
       Hobby Lobby Stores, Inc. - Locations And Subsidiaries ..................................................................................................................... 9
          Head Office ..................................................................................................................................................................................... 9
          Other Locations & Subsidiaries ....................................................................................................................................................... 9
          Affiliate ............................................................................................................................................................................................ 9
       Section 2 – Company Analysis ......................................................................................................................................................... 10
       Hobby Lobby Stores, Inc. - Business Description............................................................................................................................. 10
       Hobby Lobby Stores, Inc. - SWOT Analysis ..................................................................................................................................... 11
          SWOT Analysis - Overview........................................................................................................................................................... 11
          Hobby Lobby Stores, Inc. - Strengths ........................................................................................................................................... 11
             Strength - Wide Network of Stores ............................................................................................................................................ 11
             Strength - Broad Product and Service Portfolio......................................................................................................................... 11
             Strength - Diversified Customers............................................................................................................................................... 11
          Hobby Lobby Stores, Inc. - Weaknesses ...................................................................................................................................... 11
             Weakness - Limited Access to International Markets ................................................................................................................ 11
          Hobby Lobby Stores, Inc. - Opportunities ..................................................................................................................................... 11
             Opportunity - Business Expansion Activities ............................................................................................................................. 11
             Opportunity - Growth in e-retailing ............................................................................................................................................ 12
          Hobby Lobby Stores, Inc. - Threats .............................................................................................................................................. 12
             Threat - Global Economic Slowdown ........................................................................................................................................ 12
             Threat - Intense Market Competition ......................................................................................................................................... 12
             Threat - Increase in Counterfeit Products.................................................................................................................................. 12
       Hobby Lobby Stores, Inc. - Key Competitors.................................................................................................................................... 13
       Section 3 – Appendix ....................................................................................................................................................................... 14
          Methodology ..............................................................................................................................................................................
								
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