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Hobby Lobby Stores, Inc., formerly Hobby Lobby Creative Centers, is an American retail company. It owns a chain of arts and crafts stores with a volume of over $5 billion in 2018. [ 1 ] The chain has 1,001 stores in 48 U.S. states.
The company was founded by Forest City, Iowa businessman John K. Hanson in February 1958. At the time, the town, located in Winnebago County, Iowa, was undergoing an economic downturn, so Hanson and a group of community leaders convinced a California firm, Modernistic Industries, to open a travel trailer factory in a bid to revive the local economy.
In addition to the Jayco brand, Jayco acquired Starcraft RV in 1991, Entegra Coach in 2008 and Highland Ridge RV in 2014. In 2016, Jayco reached their 1 millionth manufactured RV milestone and the Eagle line celebrated 25 years, becoming the industry's longest-running trailer brand.
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Per 2020 research reports, more millennials are interested in buying RVs due to their increased demand for camping and outdoor recreational activities, especially in the US. [ 40 ] Due to the COVID-19 pandemic , sales of RVs in the United States have increased, and as of March 2021, 11.3 million households own an RV, which is a 26 percent ...
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