Hobby Lobby will honor competitors' ads in-store if a specific price is listed, and we stock the exact same item. Hobby Lobby does not honor competitors' coupons or category sales/discounts. If an identical product is sold for cheaper at a competitor's in-store, Hobby Lobby will match it. Their primary competitors are Michaels and JOANN. You can use the Hobby Lobby coupon at JOANN or Michaels, but a customer won't be able to use Michaels or JOANN coupons at Hobby Lobby. This also applies to coupon codes, promo codes, discount codes, and vouchers.
According to a report on Business Insider, Hobby Lobby is less expensive than its competitors. Michaels may carry a broader range of product brands, but both retailers carry a similar assortment of arts and crafts, home and seasonal decor, canvas, and framing products. Hobby Lobby also carries a large inventory of fabrics, an item that Michaels does not stock.