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. The chain has 1,001 stores in 48 U.S. states. From Wikipedia
The crafts retailer cites declining sales, inventory challenges, and over $600 million in debt as it looks to sell its assets through a court-supervised process.