“We have always worked hard to be a retail leader when it comes to taking care of our people,” Hobby Lobby founder and CEO David Green said in a statement. “From closing our stores on Sundays and at 8 p.m. the rest of the week, to providing some of the best pay and benefits in the retail industry, we are thankful that we are able to share our success with our valued employees and provide time for rest, family and worship. These investments allow Hobby Lobby to attract and retain a great group of associates who in turn help provide the wonderfully unique shopping experience enjoyed by our many loyal customers.”
The move to make the pay raise effective by Oct. 1 is in light of the turbulent financial year for many during the coronavirus pandemic, according to the statement. It’s unclear how many employees will be affected, but the Oklahoma-based enterprise employs more than 43,000.