Does Hobby Lobby Have A Price Adjustment Policy? (What You Need To Know) (2024)

Shopping for arts and crafts supplies can be both exciting and overwhelming, especially when it comes to finding the best deals.

If you’re a regular at Hobby Lobby, you might already know about their enticing sales and promotions. But did you know about their price adjustment policy?

Hobby Lobby offers a price adjustment for up to 14 days after your purchase.

This means if an item you bought goes on sale within two weeks of your purchase, you can claim the price difference and save some cash.

To do this, you have to visit the store with your receipt and the item within 14 days to receive the adjustment.

This policy comes in handy as their sales often run in 2-week to 3-week cycles, so there’s a high likelihood that the item you bought will be cheaper soon after.

Does Hobby Lobby Have A Price Adjustment Policy? (What You Need To Know) (1)

In this article, we will explore the benefits and details of Hobby Lobby’s price adjustment policy, so you can maximize your savings and make the most of your arts and crafts shopping experience.

Happy crafting!

Contents

  • Hobby Lobby’s Price Adjustment Policy
    • Price Adjustment Time Limit
  • Making Price Adjustments Online And In-Store
    • Online Purchases
    • In-Store Purchases
  • Seasonal and Clearance Price Adjustments
    • Seasonal Items
    • Clearance Items
  • Circ*mstances Affecting Price Adjustments
    • Damaged Items
    • Exceptions

Hobby Lobby’s Price Adjustment Policy

At Hobby Lobby, they understand that prices can change and want to help you save money on your purchases.Their price adjustment policy comes in handy for that purpose.

In this section, we’ll cover the basics of their policy and a key sub-section: Price Adjustment Time Limit.

Price Adjustment Time Limit

Hobby Lobby offers price adjustments within a specific time limit. You have 14 days after your purchase to benefit from this policy.

So, if you bought an item and the price dropped within two weeks, you’re in luck!

Just make sure to bring your receipt and the item back to the store within that 14-day window to get the price difference.

This policy is particularly helpful since Hobby Lobby often rotates sales on a 2-week or 3-week basis for many products, ensuring you get the best possible savings on your arts and crafts supplies.

Keep these guidelines in mind to take advantage of Hobby Lobby’s price adjustment policy and make the most of your shopping experience. Happy crafting!

Making Price Adjustments Online And In-Store

Does Hobby Lobby Have A Price Adjustment Policy? (What You Need To Know) (2)

Hobby Lobby offers a decent price matching policy for in-store purchases, but when it comes to online purchases, the options are limited.

Let’s break it down for both online and in-store purchases.

Online Purchases

Unfortunately, Hobby Lobby’s online price matching is pretty much nonexistent.

If you’re looking for a price adjustment for an online purchase, it’s rather difficult to find an option.

As their prices, product selection, and promotions may differ between online and in-store, you might want to shop at the physical store to take advantage of the price matching policy.

In-Store Purchases

When shopping at a physical Hobby Lobby store, you have the benefit of their price match policy. As mentioned on The Krazy Coupon Lady,

Hobby Lobby will price match their biggest competitors, but only in-store.

To take advantage of this, make sure you bring the competitor’s ad with the lower price with you, and show it to a store associate.

Keep in mind there are some product and sale exclusions, so not all items may be eligible for a price match.

Remember to retain your receipt in case you need to request a refund or exchange.

If you’re not satisfied with your purchase, just return the item to the store with a completed return form within the allowed return period.

Seasonal and Clearance Price Adjustments

Does Hobby Lobby Have A Price Adjustment Policy? (What You Need To Know) (3)

Seasonal Items

During the year, there’s plenty of opportunities to snag some great deals on seasonal items at Hobby Lobby.

With each changing season, such as Christmas, Easter, fall, and summer, you can often find decorations, crafts, and even seasonal furniture on sale.

Be sure to keep an eye on these seasonal sales, as they can offer substantial savings on items you won’t find discounted any other time.

Don’t forget, sales tax may still apply, depending on your location.

Clearance Items

Now let’s talk about the clearance aisle. As a shopper at Hobby Lobby, this should be your first destination upon entering the store.

It’s where you’ll find the best bargains, with discounts reaching up to 90% off on a variety of items.

These clearance items may be discontinued, slightly damaged, or simply making way for newer stock. Remember, you’ll find unique treasures in these aisles, and they won’t last long.

So make the most of your visit, and head straight to the clearance section for some incredible savings.

Keep in mind that sales tax will be applicable and added to your total at the checkout.

Circ*mstances Affecting Price Adjustments

Damaged Items

It’s important to inspect your purchases carefully before leaving Hobby Lobby.

If you happen to find damaged merchandise, it may be eligible for price adjustments or even a full refund.

Just remember to keep your original receipt and return the item within the specified time frame.

Exceptions

There are a few exceptions when it comes to price adjustments at Hobby Lobby. Items from brands like Cricut and Silhouette might not be eligible for discounts or adjustments using coupons.

Similarly, certain product categories such as home decor or arts sector brands may have restrictions when it comes to price matching.

In light of COVID-19, store policies might undergo changes affecting returns and price adjustments.

It’s best to keep an eye on Hobby Lobby’s FAQ page for any updates.

When it comes to price adjustments based on stock availability, you might be out of luck.

If an item is in limited supply or on clearance, Hobby Lobby may not offer price adjustments. However, you can still grab some great deals on their clearance aisles.

Finally, remember that price adjustments depend on the store’s return policy. Ensure to return items within the 90-day window and hold on to your original receipt.

Does Hobby Lobby Have A Price Adjustment Policy? (What You Need To Know) (4)

Does Hobby Lobby Have A Price Adjustment Policy? (What You Need To Know) (2024)

FAQs

Does Hobby Lobby Have A Price Adjustment Policy? (What You Need To Know)? ›

Maybe it's how they keep their prices low and can run sales like they do all of the time. They do have a price adjustment policy but from experience, you have to bring the item and receipt back in so they can verify it is on sale (due to lack of scanning system).

What is a price adjustment policy? ›

A price-adjustment policy generally means that the retailer will refund the difference if it drops the price on something you purchased there in the last 14 to 30 days.

What is Hobby Lobby's exchange policy? ›

With the original receipt

Within 90 days of purchase, we will gladly exchange the merchandise, give store credit, or issue a refund based on your original method of payment. There will be a wait of 10 calendar days on check purchases, or merchandise credit can be issued.

What day does Hobby Lobby change their prices? ›

Every Sunday, the store updates its Weekly Ad with new markdowns on home decor, paper crafts, fabric, jewelry-making tools and more. Typically, shoppers can find as much as 50% off best-selling products.

Does Hobby Lobby honor competitor coupons? ›

We do honor competitors' ads in-store if a specific price is listed and we stock the exact same item. However we do not honor competitors' "percent off" ads or coupons.

Can I get a refund if the price drops after purchase? ›

In many cases, the retailer will refund the difference of what you paid vs. the sale price, as long as your purchase was within a specified time—often 14 days. If they can't or won't refund to the original form of payment, you may be issued a store credit.

Do companies have to honor price adjustments? ›

While some stores will refund the difference if a product later goes on sale, it is to make customers happy rather than a law, according to Johns & Flaherty attorney Brian Weber. “Many stores have a policy where they refund the difference, but that is simply for public relations purposes,” Weber said.

Can you get a price adjustment at Hobby Lobby? ›

If you purchase an item at full price, keep an eye out for if it goes on sale shortly afterward. If you see discounts on it within the next 14 days, return to the Hobby Lobby store with your receipt to have the difference credited back to you.

What is the Hobby Lobby rule? ›

The Court ruled against birth control access in a 5-to-4 decision, with the majority of the justices saying that Hobby Lobby and other “closely held corporations” could deny birth control coverage to their employees. The ruling set a new precedent.

Does Hobby Lobby have senior discounts? ›

Does Hobby Lobby Offer a Senior, Student, Teacher, or Military Discount? There's no Hobby Lobby senior discount or military discount.

Is Hobby Lobby going out of business in 2024? ›

Hobby Lobby isn't going out of business — at least not yet.

Why is Hobby Lobby discontinuing their coupon? ›

“By making this decision, we are intensifying our efforts to discount thousands of items every day,” Hobby Lobby said in a comment on Facebook. “This will offer a better value instead of providing a discount on only one item with the coupon.” Dozens of consumers weren't buying that explanation.

Why does Hobby Lobby have different prices on the same items? ›

english's video, a former Hobby Lobby employee explained, "Because there's no bar codes, the only way to raise the prices on products is for the new ones to be priced higher—hence the price discrepancies on new stock."

Who is cheaper, Hobby Lobby or Michaels? ›

Generally speaking, Hobby Lobby has lower prices on identical products. However, while Michaels' store prices tend to be higher, Michaels also carries a greater range of high-end products. This means that while you may save money at Hobby Lobby, you might miss out on better quality options.

What do Hobby Lobby employees get for a discount? ›

Employee Discounts

Since you and your family love to shop in our stores, we offer a 15% off discount to all employees!

Can Hobby Lobby look up your receipt? ›

Hobby Lobby cannot look up a receipt for an in-store purchase. However, you can contact customer service by email or phone to get a copy of an invoice for an online purchase.

What is an example of a price adjustment? ›

For example, if a customer buys a TV for $300, and it drops in price by $100, they can go back to the retailer to ask for a price adjustment and get the difference returned to them, often in cash.

How does a purchase price adjustment work? ›

The purchase price is then adjusted after closing based on the difference in the working capital1 of the business between the figure used in determining the estimated purchase price (or some other reference figure) and the actual figure calculated from a special purpose closing balance sheet prepared as at the closing ...

What are the three types of price adjustments? ›

A price adjustment is any change to the original price of a product in inventory by a retailer. There are three primary forms of price adjustment: promotion, price protection and markdown.

What are the benefits of price adjustment? ›

By adjusting prices based on customer behavior, market trends, and other factors, companies can increase the price of items that are in high demand and decrease the price of items that are not selling well. This can lead to increased sales and higher profits.

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