Galyan's Trading Company
Traded as[1] (2001–2004)
IndustryRetail
FateAcquired by Dick's Sporting Goods
SuccessorDick's Sporting Goods
Founded1946 (age 80), in Plainfield, Indiana
FounderAlbert and Naomi Galyan
Defunct2004 (age 22)
Hq location cityPlainfield, Indiana
Hq location countryUnited States
Num locations47 (2004)
Area servedUnited States
ProductsSporting goods
ParentThe Limited
WebsiteArchived official website at the Wayback Machine

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.[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]

References

  1. ^ "Galyan's Opens New Store in Lakewood, Colorado". PR Newswire. 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.
  3. ^ Kukolla, Steve (July 5, 1995). "The Limited buys Galyan's". Indianapolis Star. p. A1. Archived from the original on April 11, 2013.
  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. July 5, 1995. – via The Free Library
  6. ^ Kukolla, Steve (February 16, 1997). "Galyan's expansion drive has stalled". Indianapolis Star. p. E1. Archived from the original on April 11, 2013.
  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. 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.
  16. ^ "Dick's Sporting Goods to buy Galyan's for $305 million". Deseret News. June 22, 2004. Archived from the original on October 29, 2013.