Hobby Lobby
Coverage of Hobby Lobby in the Nexus archive.
- Crumbl CEO says he shuts shop on Sundays and prioritizes game nights with his 7 kids in pursuit of balance: Life can’t be ‘just go, go, go’
Crumbl CEO Jason McGowan prioritizes work-life balance by closing company locations on Sundays and dedicating time to his seven children. The cookie company, founded in 2017, now generates over $1 billion in annual revenue with nearly 1,100 locations and 29,000 employees. McGowan emphasizes presence in family and work, aligning with broader shifts in workplace culture toward flexibility.
- How Apollo-owned Michaels turned two rivals’ bankruptcies into a growth strategy
Michaels Stores expanded its party supplies and fabric offerings by capitalizing on the bankruptcies of Party City and JoAnn Fabrics. The company rapidly implemented new services and inventory, leveraging its private equity ownership under Apollo Global Management to bypass public market scrutiny and accelerate decision-making.