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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 IKEA Catalogue (US spelling: IKEA Catalog; Swedish: Ikea-katalogen) was a catalogue published annually by the Swedish home furnishing retailer IKEA. First published in Swedish in 1951, [ 1 ] the catalogue was considered to be the main marketing tool of the company and, as of 2004, consumed 70% of its annual marketing budget. [ 2 ]
The cost to IKEA of the incident was estimated to be between $6 and $7 million. [7] In 1999, IKEA replaced the lacquer coating on the white bookcase with melamine foil. [1] In 2009 Bloomberg instigated a "Billy bookcase index", as an alternative to the Big Mac index, to compare relative price levels in different countries around the world. [8] [9]
By August 1972, the focus was on arts and crafts, and the business had thrived to such an extent that Green and his wife were able to open a 300 square-foot store in northwest Oklahoma City called Hobby Lobby. In 1975, Green left his 13-year career with TG&Y and opened a second Hobby Lobby location with 6,000 square feet of space. [2] [3]
The acronym IKEA is made up of the initials of his name (Ingvar Kamprad) plus those of Elmtaryd, the family farm where he was born, and the nearby village Agunnaryd where he was raised. [ 8 ] [ 11 ] Between the founding of IKEA and his board resignation in 1946, Kamprad was an author.
As a result of the case, Hobby Lobby agreed to return the artifacts and forfeit $3 million. U.S. Immigration and Customs Enforcement returned 3,800 items seized from Hobby Lobby to Iraq in May 2018. [2] In March 2020, Hobby Lobby president Steve Green agreed to return 11,500 items to Egypt and Iraq. [3] [4]
Burwell v. Hobby Lobby Stores, Inc., 573 U.S. 682 (2014), is a landmark decision [1] [2] in United States corporate law by the United States Supreme Court allowing privately held for-profit corporations to be exempt from a regulation that its owners religiously object to, if there is a less restrictive means of furthering the law's interest, according to the provisions of the Religious Freedom ...
Charley Weaver's Hobby Lobby was a half-hour television interview show produced by Allan Sherman and the American Broadcasting Company (ABC), and broadcast weekly in the United States by the ABC network 8–8:30 pm (Eastern Standard Time) on Wednesdays in the 1959–60 television season.
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