Hoby Lobby (not to be confused with retail giaint Hobby Lobby) has decided to get rid of their beloved 40% off coupon. Owner James Hoby opened up his small shop in Arnaudville, Louisiana in 1957 and adopted the coupon once hobby retail giant Hobby Lobby moved to down in an effort to gain back lost business.
Mr. Hoby stated, “Well, we knew that business would never be the same once we got a Hobby Lobby here in town, so I did what I thought was best and offered a similar coupon. We’re thinking about retiring soon and the 40% an item is just killing profits right now.”
James Hoby and his wife Linda, owners of Hoby Lobby.