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BUSINESS
September 29, 1997 | DEBORA VRANA, TIMES STAFF WRITER
In a move expected to spark increased consolidation among sporting goods retailers, one of Southern California's largest sports superchains, Sportmart Inc. will merge with privately held Gart Sports Co., sources familiar with the matter said.
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BUSINESS
June 13, 2000 | GREG HERNANDEZ, TIMES STAFF WRITER
The parent company of the Sportmart chain is being accused in a lawsuit of failing to pay overtime to salaried assistant managers who contended they spent most of their time performing nonadministrative tasks. The lawsuit, filed last week in Orange County Superior Court, seeks back pay of up to $4 million for approximately 300 employees in California, where the sporting goods chain has 30 stores. It names as a defendant Colorado-based Gart Sport Co., which acquired the Sportmart chain in 1997.
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BUSINESS
June 13, 2000 | GREG HERNANDEZ, TIMES STAFF WRITER
The parent company of the Sportmart chain is being accused in a lawsuit of failing to pay overtime to salaried assistant managers who contended they spent most of their time performing nonadministrative tasks. The lawsuit, filed last week in Orange County Superior Court, seeks back pay of up to $4 million for approximately 300 employees in California, where the sporting goods chain has 30 stores. It names as a defendant Colorado-based Gart Sport Co., which acquired the Sportmart chain in 1997.
BUSINESS
July 3, 1998 | GEORGE WHITE, TIMES STAFF WRITER
Seeking to merge the nation's two largest sporting goods chains, the parent of Sportmart stores on Thursday offered $444 million for a majority stake in larger rival Sports Authority. Gart Sports Co., a Denver-based company controlled by Los Angeles investor Leonard Green, said it would pay about $20 a share in cash for 70% of the stock of Sports Authority. Gart seeks to top a competing stock-swap offer from Venator Group, operator of the Foot Locker chain.
BUSINESS
September 7, 1994 | Greg Johnson Times staff writer
Super Store Open: Sportmart has opened a new super store in Mission Viejo, its 16th in Southern California. The company also opened new stores in Oakland and Sacramento during August, bringing its nationwide store count to 48. The 42,000-square-foot store in Mission Viejo is at 25462 El Paseo. "We conduct intensive research and competitively analyze the marketplace to discover the unmet sporting-goods needs of area residents," said Sportmart western regional manager Steve Reed.
CALIFORNIA | LOCAL
December 23, 1997 | KIMBERLY LISAGOR
A man who robbed an Oxnard sporting goods store Monday morning may have been hiding inside the store overnight, waiting for employees to arrive, authorities said. Two employees entered the Sportmart at 2301 N. Rose Ave. at 6:30 a.m. to open the store, when they were confronted by a man with a handgun. The robber demanded that the employees open the safe and took an undisclosed amount of cash and merchandise before exiting through a delivery door in the rear of the store.
BUSINESS
July 3, 1998 | GEORGE WHITE, TIMES STAFF WRITER
Seeking to merge the nation's two largest sporting goods chains, the parent of Sportmart stores on Thursday offered $444 million for a majority stake in larger rival Sports Authority. Gart Sports Co., a Denver-based company controlled by Los Angeles investor Leonard Green, said it would pay about $20 a share in cash for 70% of the stock of Sports Authority. Gart seeks to top a competing stock-swap offer from Venator Group, operator of the Foot Locker chain.
BUSINESS
October 7, 1992 | From Times Staff and Wire Reports
USX-U.S. Steel Group and LTV Steel Corp., two of the nation's top steelmakers, said they will boost steel prices by $10 to $20 a ton, effective Jan. 3. . . . Ford Motor Co. announced a new "world car," its latest attempt to design and build the same car in Europe and North America. . . . Shareholders of Charter Co. voted to rename it Spelling Entertainment Group Inc. The company said it will begin using the new name immediately. . . . Sportmart Inc.
ENTERTAINMENT
October 8, 1987 | Arts and entertainment reports from The Times, national and international news services and the nation's press
It's finally official: Tickets for U2's Los Angeles Memorial Coliseum concert Nov. 17 will go on sale Saturday at all Music Plus and Sportmart outlets, as well as the Sports Arena box office (where there will be no Ticketmaster service charge). All seats for the 7 p.m. show--which also features the Pretenders and Steve Jones--are reserved. Tickets are $19.50, and there's a limit of six per customer.
CALIFORNIA | LOCAL
December 23, 1997 | KIMBERLY LISAGOR
A man who robbed an Oxnard sporting goods store Monday morning may have been hiding inside the store overnight, waiting for employees to arrive, authorities said. Two employees entered the Sportmart at 2301 N. Rose Ave. at 6:30 a.m. to open the store, when they were confronted by a man with a handgun. The robber demanded that the employees open the safe and took an undisclosed amount of cash and merchandise before exiting through a delivery door in the rear of the store.
BUSINESS
September 29, 1997 | DEBORA VRANA, TIMES STAFF WRITER
In a move expected to spark increased consolidation among sporting goods retailers, one of Southern California's largest sports superchains, Sportmart Inc. will merge with privately held Gart Sports Co., sources familiar with the matter said.
BUSINESS
September 7, 1994 | Greg Johnson Times staff writer
Super Store Open: Sportmart has opened a new super store in Mission Viejo, its 16th in Southern California. The company also opened new stores in Oakland and Sacramento during August, bringing its nationwide store count to 48. The 42,000-square-foot store in Mission Viejo is at 25462 El Paseo. "We conduct intensive research and competitively analyze the marketplace to discover the unmet sporting-goods needs of area residents," said Sportmart western regional manager Steve Reed.
BUSINESS
December 8, 1989
Fullerton Metro Center, one of the last major commercial areas to be developed in the city, was built in two phases and completed earlier this year. Major tenants of the 31-acre project include Sportmart, Craftmart, Kids R Us and the Wherehouse. The center, which features a courtyard with fountains and large archways as well as an enclosed glass courtyard, recently won an award from the Society of American Registered Architects. FACTS AND FIGURES Address: Southwest corner of Harbor Blvd.
NEWS
December 24, 1992 | CONNIE KOENENN
It's not only children's toys that come in pieces. Adults, too, get toys that must be assembled, like treadmills and Stairmasters. "Bikes come partly assembled, but usually you have to put the gears and brakes together," says Reggie Dameron, manager of Sportmart on Sepulveda. Fitness equipment comes with detailed instructions, he says, but that doesn't mean it is a breeze to put together. "To those of us who are mechanically inclined, they can be easy to assemble.
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