Olympia Sports
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| File:Olympia sports.png | |
| File:Olympia Sports (Webster, Massachusetts) (24236337837).jpg An Olympia Sports store in Webster, 2017 | |
| Company type | Private company |
|---|---|
| Industry | Retail |
| Founded | 1975 |
| Founder | Ed Manganello |
| Defunct | September 2022 |
| Fate | Bankruptcy and liquidation |
| Headquarters | Westbrook, Maine, United States |
Number of locations | 152 (2015) |
| Products | Sporting goods |
| Website | olympiasports |
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Olympia Sports was a U.S.-based sporting goods retailer established in 1975 in Portland, Maine. Prior to its closure, the chain operated 152 outlets primarily situated throughout New England, New York, and the Mid-Atlantic region. The company's headquarters were located in nearby Westbrook, Maine, with a prominent flagship store in Boston.
The retailer also operated the Olympia Sports Foundation, a charitable organization that provided a clothing bank by distributing donated unused apparel and vendor items to those in need. This foundation ceased operations in 2016 as part of cost reduction efforts.
History
Founded in 1975 in Portland, Maine, Olympia Sports expanded to encompass 152 locations mainly across New England, New York, and the Mid-Atlantic area.
In October 2019, Denver-based JackRabbit announced plans to acquire 75 of the remaining 152 stores, while the other 77 outlets were slated for closure and liquidation.
On May 5, 2022, Schottenstein Stores purchased several locations and initiated liquidation sales.
By July 22, 2022, it was declared that all remaining Olympia Sports stores would be liquidated and shuttered by the end of September. Subsequently, in September 2022, the company filed for Chapter 11 bankruptcy protection.
On February 17, 2023, it was revealed that all remaining intellectual property assets of Olympia Sports were sold at auction to Albert Fouerti.
References
External links
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- Commons category link from Wikidata
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- Former retail businesses in the United States
- Sporting goods merchants in the United States
- Retail businesses founded in 1975
- Retail businesses closed in 2022
- Companies that entered Chapter 11 bankruptcy protection in 2022
- Defunct retail companies of the United States