A couple of thoughts from a forum newbie, me.....
Just returned to the hobby, and here's what I've found about my local Hobby Lobby;
The kit selection is sadly better than any hobby shop's I've found withing about 50 miles or more. You situation may vary. They stock a lot of model car kits, more than aircraft, Armour, ships.
They stock some staples than neither of my shops carry. Tamiya putty, glue micro-brushes, the basic replacement parts for my Iwata airbrush. They seem to have inherited the Testor/Model Master rack in my area, and have a better selection of both enamels and acrylics than anywhere around here. They are only source of Vallejo colors around me, too. Short selection, but better than nothing. You'd have to scope out a store to see what they might have that you use, or would like to try.
I'd say, as mentioned above, go scout it out. No harm in seeing what is avail.
BTW, re the coupons mentioned above, just Google "Hobby Lobby" coupon, you'll get a page with the current 40% coupon, valid for one item, one day. I was never a coupon clipper until a few months ago when I started frequenting my local Hobby Lobby.
Still, of course I prefer to support my local hobby shop whenever possible.
Hope this is somehow helpful.
PS, had to laugh at scapilot's comment about their randomly organized paint racks. True in my case too. :)