Verified Document

Retailer Comparison For Hobby Lobby & Michael's Essay

Retailer Comparison for Hobby Lobby & Michael's Hobby Lobby and Michael's are two major competitors in crafting supply and arts and crafts. Michaels is the largest arts and craft retail chain. It currently operates more than 1040 Michaels Arts and Crafts Stores located in 49 U.S. states and in Canada (Marx, 2009). The average Michaels store now contains 40,000 different products in 18,200 square feet of selling space. The stores sell a selection of arts, crafts, framing, floral, wall decor, bakeware, beads, scrapbooking and seasonal merchandise for hobbyists and do-it-yourself home decorators.

Hobby Lobby is a privately held retail chain of arts and crafts stores based in Oklahoma City, Oklahoma with stores located across the U.S.A. A major competitor for Michaels, stores carry a variety of arts and crafts products, including scrapbooking, beading, knitting, rubber stamping, home decor items, floral items, kids' crafts, paints, framing, greenery, baking and many seasonal items (Whitford, 2010).

Hobby Lobby stores are larger in square footage than Michael's stores, mainly because inventory selection is much broader. The chain carries much more than just art and crafts supplies....

Shoppers can also purchase fabric and houseware items, which take up a large amount of the space in the store. While Hobby Lobby does have more products Michael's, in my opinion, Michael's would be the better choice for locating specific specialty crafting items.
Michael's store locations are often nestled within shopping complexes near grocery and clothing stores. This puts them in close proximity to everyday shoppers, particularly during holiday seasons of any kind. Hobby Lobby stores are positioned near larger shopping districts where one may find Costco or other warehouse shopping centers. They tend to offer ample parking and sit on lots alone.

Hobby Lobby is cheaper on average than Michael's for similar products and name brand items. Both stores, however, have excellent sales each week and offer online and printed coupons, particularly during the holiday season. Discounts tend to be deeper at Michael's and promotions more frequent; however, in general Hobby Lobby is more likely to offer better pricing and overall value. Both stores offer shopper incentives and reward or loyalty programs.

Cashiers and customer service reps are readily available in both stores. In…

Sources used in this document:
References

Green, D. (2009). A Matter of Principle. Chain Store Age, 85(6), 22-24.

Marx, P. (2009). MICHAEL'S. New Yorker, 85(42), 30.

Whitford, D. (2010). ONE FAMILY'S HOBBY. Fortune, 162(7), 69-72.
Cite this Document:
Copy Bibliography Citation

Related Documents

Retailers Nordstrom Has Done a Number of
Words: 670 Length: 2 Document Type: Essay

Retailers Nordstrom has done a number of things to help differentiate itself from other retailers. The first is with respect to the product mix. The company has made a point to put higher value brands in the Nordstrom store as part of its differentiation strategy. Nordstrom's approach has therefore been essential in building brand loyalty, by cultivating the middle class and upper middle class. It is worth noting that a brand

Comparison in Comparative Politics Comparative
Words: 1751 Length: 5 Document Type: Term Paper

Uvin and McFaul make sound arguments using political comparison as the key to their studies. Uvin uses evidence of all aspect of political life in his three case study countries, such as elections, the population, and the role of the military. He then takes his case studies, compares them, and finds the pattern that links them all to each other. Once the pattern is identified, he illustrates how this pattern can be looked at in much

Comparing E-Learning and Camus Learning
Words: 1637 Length: 4 Document Type: Professional Writing

Education A Comparison of Online Learning and Campus-Based Learning The development and growth of online learning has created opportunities for both students and academic institutions alike. The online learning environment may be argued as offering many benefits such increasing accessibility to education and support of diversity as well as providing a potentially lucrative revenue streams for the institutions. These benefits have driven the growth, but the benefits are not without drawbacks, with

Hobby Lobby and First Amendment
Words: 653 Length: 2 Document Type: Essay

On the Hobby Lobby case, the First Amendment was challenged about whether it protected the religious beliefs of an employer when it comes to the decision not to pay for insurance meant for contraceptives. The Snyder vs. Phelps case was also related to religious picketing where the issue of sidewalk picketing was under the scrutiny of whether it was outrageous. The WBC church had held a picketing in a funeral

Hobby and on Various Kinds
Words: 1114 Length: 3 Document Type: Essay

As a child, Golding's habit of 'thinking' is really a habit of questioning assumptions, while his teachers, friends, and parents do not. His is a broad and humorous use of the word thinking stands in contrast to the notion of thought or philosophical introspection in the Robinson piece. Robinson offers a very specific definition of thinking: "we shall consider mind chiefly as conscious knowledge and intelligence, as what we

Lobbying in the American Government
Words: 3511 Length: 10 Document Type: Research Paper

Lobbying does not have a particularly positive image in the United States, mainly because of its association with large banks and corporations, and subverting the legislative and regulatory process in favor of big business against the public interest. Lobbyists spent over a billion dollars a year at the federal level, which was more than money spent on campaign contributions. In 2009, the energy industry spent $450 million lobbying Congress and

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now