Galyan's

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

Galyan's
division of The Limited
Traded asNASDAQ: GLYN[1]
IndustryRetail
FateAcquired by Dick's Sporting Goods
SuccessorDick's Sporting Goods
FoundedPlainfield, Indiana, 1946; 74 years ago (1946)
FounderAlbert and Naomi Galyan
Defunct2004; 16 years ago (2004)
Headquarters,
Number of locations
47 (2004)
Area served
United States
ProductsSporting goods
WebsiteArchived official website at the Wayback Machine (archive index)

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.[1][11][12][13]

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]

ReferencesEdit

  1. ^ a b c "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. Archived from the original on November 5, 2013 – via Highbeam Research.
  3. ^ Kukolla, Steve (July 5, 1995). "The Limited buys Galyan's". Indianapolis Star. p. A1. 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. 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. Archived from the original on 2013-10-29.
  15. ^ Bowman, Becky (July 30, 2004). "Outdoor retailer Galyans to close Plainfield, Ind., headquarters by Jan. 31". Indianapolis Star. Archived from the original on November 5, 2013 – via Highbeam Research.
  16. ^ "Dick's Sporting Goods to buy Galyan's for $305 million". Deseret News. June 22, 2004.

External linksEdit