Sport Chalet! We’re Going Out of Business

by The Editors on April 16, 2016

sport_chaletSport Chalet, SoCal moms’ favorite action sporting, big box chain store, is calling it quits after 57 years in business. But they’re not going to try and restructure like PacSun, or Quiksilver. No, they’ve turned off their online store and are shutting down each and every one of their 47 locations, according to a story in the Los Angeles Times.

The chain has 40 stores in California, mainly in the Southland, according to the website. It also operates five stores in Arizona and two in Las Vegas. The company didn’t say how many people would be losing their jobs, but as of March 30, 2014, the chain employed 1,200 full-time workers and 1,600 part-timers. . . At the Sport Chalet in downtown Los Angeles, the signs in windows of the black-and-white facade told of the chain’s fate. “Everything must go,” they stated. “All Sales are Final No Returns.”

The chain reportedly hadn’t made a profit since 2007 and was apparently $52 million in debt when it was sold in 2014 for $17 million. Blame Target and those dastardly online discounters.

Surprisingly, if you’re looking for cheap camping gear for a summer road trip, you should definitely look elsewhere. There are no deals at Sport Chalet. According to one store employee, “The liquidation company came in and took over the pricing,” he said. “We have no control over anything” Meaning, most everything in the store is now more expensive than it was before the closing announcement.

[Link: LA Times]

 

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Justarider April 18, 2016 at 6:00 pm

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