Galyan's

Galyan's
division of The Limited
Traded as NASDAQ: GLYN[1]
Industry Retail
Fate Acquired by Dick's Sporting Goods
Successor Dick's Sporting Goods
Founded Plainfield, Indiana, 1946 (1946)
Founder Albert and Naomi Galyan
Defunct 2004 (2004)
Headquarters Plainfield, Indiana, United States
Number of locations
 47 (2004)
Area served
 United States
Products Sporting goods
Website Archived official website at the Wayback Machine (archived February 1, 2004)

Galyan's Trading Company was an American sporting goods chain. It was founded in Plainfield, Indiana.

The store began in 1946 as a grocery store, founded by Albert and Naomi Galyan. By the 1960s, the Galyans began selling sporting goods instead.[2] The chain was purchased in 1995 by The Limited.[3][4][5] At the time. the chain consisted of only five stores,[6] but grew to 20 by 1999[7] when The Limited sold 60% of the company to the investment firm of Freeman, Spogli & Company.[8][9] The company became a publicly traded company when it released its IPO on NASDAQ in 2001.[10] Many of the stores featured rock climbing walls, golf simulators, and archery ranges.[11][12][13][1]

By 2004, Galyan's had 47 stores in 21 states.[1] That same year, the chain was acquired by Dick's Sporting Goods.[14][15][16]

References

  1. 1 2 3 "Galyan's Opens New Store in Lakewood, Colorado". PR Newswire (Press release). April 29, 2004.
  2. ↑ McLinden, Steve (August 30, 2002). "Plainfield, Ind.-Based Sports Retailer Opens Store in Arlington, Texas". Knight Ridder/Tribune Business News – via Highbeam Research. (subscription required (help)).
  3. ↑ Kukolla, Steve (July 5, 1995). "The Limited buys Galyan's". Indianapolis Star. p. A1. (subscription required (help)). Alternate Link via ProQuest.
  4. ↑ "Galyan's Trading Stores to Be Acquired By The Limited". New York Times. July 6, 1995.
  5. ↑ "The Limited, Inc. Acquires Galyan's Trading Company". PR Newswire (Press release). July 5, 1995 – via The Free Library.
  6. ↑ Kukolla, Steve (February 16, 1997). "Galyan's expansion drive has stalled". Indianapolis Star. p. E1. (subscription required (help)). Alternate Link via ProQuest.
  7. ↑ Linstedt, Sharon (June 24, 1999). "Galyan's Sporting Goods Store Being Built At Walden Galleria". Buffalo News. p. A11. Alternate Link via NewsBank.
  8. ↑ "Spinoff and Sale By the Limited". New York Times. May 4, 1999.
  9. ↑ "Limited completes Galyan's deal.". Columbus Business First. September 1, 1999.
  10. ↑ Hoke, Kathy (July 2, 2001). "Limited to keep its hand in Galyan's following IPO". Columbus Business First.
  11. ↑ "Galyan's Opens New Store In Woodbridge Store Features Rock Climbing Wall, Golf: Simulator and Archery Range". PR Newswire (Press release). September 9, 2003.
  12. ↑ "Galyans Opens New Store In Virginia Beach". Transworld Snowboarding. April 21, 2004.
  13. ↑ "Galyan's opens new store in Lakewood today". BizWest. April 30, 2004.
  14. ↑ "Galyan's Trading Company, Inc. Company Profile". Yahoo Finance.
  15. ↑ Bowman, Becky (July 30, 2004). "Outdoor retailer Galyans to close Plainfield, Ind., headquarters by Jan. 31". Indianapolis Star – via Highbeam Research. (subscription required (help)).
  16. ↑ "Dick's Sporting Goods to buy Galyan's for $305 million". Deseret News. June 22, 2004.

External links

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