Hobbico, Inc. · Champaign, IL United States
Company Description
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This link will open in a new window For pilots who would rather fly their planes from the ground, Hobbico (dba Great Planes) makes and sells radio-controlled model aircraft -- as well as boats, cars, gliders, and related accessories. The company is the world's largest retail and wholesale distributor of radio-controlled hobby products. Hobbico makes some of its products and buys the rest from other manufacturers. It sells its fully-assembled models and kits in hobby stores throughout North America and some 45 countries worldwide. It also sells directly to hobbyists through its Web site and catalog. Hobbico, which began in 1971 as Tower Hobbies, has grown to become one of the world's largest model hobby companies. To read the full description, subscribe now.
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Key Hobbico, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Employees | 800 |
Hobbico, Inc. Executives
6 executives listed for Hobbico, Inc.'s Champaign, IL location.
| Title | Name & Bio | Contact |
| Chairman | Clinton Atkins | Network |
| President | Wayne Hemming | Network |
| CFO | Willard Muirheid | Network |
Competition
Competitive Landscape for Hobbico, Inc.
Consumer spending is a key driver of demand for toy and hobby stores. In addition, population growth among young children (under 12) drives demand for toy stores, and population growth among women 35 and older drives demand for hobby stores. The profitability of individual companies depends on the ability to generate store traffic and effective merchandising. Large companies offer wide selections and deep discounts. Small companies can compete effectively by offering specialized products, providing superior customer service, or serving a local market. Average annual revenue per employee is $160,000. Toy and hobby stores compete with mass merchandisers. Toy retailers also compete with consumer electronics stores, due to the increasing popularity of electronic toys and video games. Hobby stores compete with fabric and sewing goods stores in select market segments. To read the full description, subscribe now.Top Hobbico, Inc. Competitors
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