FGL Sports
This article needs additional citations for verification. (May 2011) |
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Company type | Subsidiary |
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Industry | Sporting Goods |
Headquarters | , Canada |
Key people | TJ Flood |
Number of employees | 12,000+ |
Parent | Canadian Tire (2011–present) |
Subsidiaries | Sport Chek Atmosphere National Sports Pro Hockey Life Sports Experts Intersport Tech Shop RnR Hockey Experts Nevada Bob's Golf The Fitness Source Pegasus S3 Econosports |
Website | www.fglsports.com |
FGL Sports Ltd. is a Canadian sporting goods retailer based in Calgary, Alberta. It operates under these corporate banners: Sport Chek, Atmosphere (renamed from Coast Mountain Sports), Sport Mart (all stores closed as of March 2013), National Sports, Pro Hockey Life, Athletes World (all stores closed as of March 2013), Sports Experts, Intersport, Tech Shop, RnR, Hockey Experts, Nevada Bob's Golf, The Fitness Source (all stores closed), Pegasus, S3, and Econosports.[citation needed]
With revenues of over a billion Canadian dollars a year, FGL Sports Ltd. (FGL) accounts for 16.4% of the Canadian sporting goods retailing market, which in 2003 was worth CDN$6.753 billion. FGL competes on a regional basis with independent retailers and regional chains, and on the national level with Sporting Life, Mountain Equipment Co-op, Hudson's Bay Company, and Walmart. FGL Sports has 551 stores shared between its corporate and franchise banners. By 2009-2010, Athletes World was discontinued in Quebec.[citation needed]
In 2011, Canadian Tire bought FGL Sports Ltd. (referred to as Forzani Group Ltd. prior to being renamed upon acquisition[1]) for $771 million, and has since embarked on a large scale brand restructuring.[2]
References
- ^ http://www.fglsports.com/history.html FGL Sports Profile, FGL Sports, retrieved 14-Sep-2017
- ^ Canadian Tire buys Sport Chek, Athletes World owner, The Guardian, 9-May-2011