Hobby Lobby is closing all its stores nationwide and furloughing employees without pay.
Meanwhile, the craft chain’s leadership is working to tweak company leave policies to comply with requirements outlined in the $2.2 trillion federal CARES Act approved one week ago in response to the novel coronavirus pandemic. The tweaks, management said in a statement, are intended to allow furloughed employees to “take full advantage of the Pandemic Unemployment Compensation and Recovery Rebates” the CARES Act created.
The arts and crafts store released a statement Friday saying it’s closing its doors due to the coronavirus pandemic. Hobby Lobby also said in the statement that it will be furloughing a large portion of corporate and distribution employees.
Hobby Lobby will remain closed after 8 p.m. Friday until further notice.
Hobby Lobby statement:
"As the country continues efforts to manage and mitigate the devastating health and economic impacts of the COVID-19 virus, Hobby Lobby will, after careful consideration, close the remainder of its stores, and furlough nearly all store employees and a large portion of corporate and distribution employees, effective Friday, April 3rd, at 8:00 p.m. The stores will remain closed until further notice.