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City Gear
City Gear is an American company that operates over 130 stores in the central region of the US. City Gear was founded in 1978 under the name Shelmar Retail Partners LLC. It was created in and still operates out of Memphis, Tennessee. City Gear is owned by Hibbett Sports and its current CEO is Mike Longo. The store sells lifestyle clothing and footwear from brands such as: Nike, Jordan, Levi's, and Grindhouse. Acquisitions City Gear has been very active in the last several years in the M+A market. In 2011, they acquired the Deveroes chain of 14 stores with locations in Cincinnati, Indianapolis, Dayton, and Columbus. Within twelve months, City Gear acquired a 16 store chain with operations principally in Atlanta and a smaller 3 store chain with operations in Kansas City. Endorsements City Gear has several endorsement deals. Recently, they struck a deal with a summer basketball league called The Deveroes Summer League in Cincinnati. They also have endorsement deals with several ...
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A city is a human settlement of notable size.Goodall, B. (1987) ''The Penguin Dictionary of Human Geography''. London: Penguin.Kuper, A. and Kuper, J., eds (1996) ''The Social Science Encyclopedia''. 2nd edition. London: Routledge. It can be defined as a permanent and densely settled place with administratively defined boundaries whose members work primarily on non-agricultural tasks. Cities generally have extensive systems for housing, transportation, sanitation, utilities, land use, production of goods, and communication. Their density facilitates interaction between people, government organisations and businesses, sometimes benefiting different parties in the process, such as improving efficiency of goods and service distribution. Historically, city-dwellers have been a small proportion of humanity overall, but following two centuries of unprecedented and rapid urbanization, more than half of the world population now lives in cities, which has had profound consequences for g ...
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Memphis, Tennessee
Memphis is a city in the U.S. state of Tennessee. It is the seat of Shelby County in the southwest part of the state; it is situated along the Mississippi River. With a population of 633,104 at the 2020 U.S. census, Memphis is the second-most populous city in Tennessee, after Nashville. Memphis is the fifth-most populous city in the Southeast, the nation's 28th-largest overall, as well as the largest city bordering the Mississippi River. The Memphis metropolitan area includes West Tennessee and the greater Mid-South region, which includes portions of neighboring Arkansas, Mississippi and the Missouri Bootheel. One of the more historic and culturally significant cities of the Southern United States, Memphis has a wide variety of landscapes and distinct neighborhoods. The first European explorer to visit the area of present-day Memphis was Spanish conquistador Hernando de Soto in 1541. The high Chickasaw Bluffs protecting the location from the waters of the Mississipp ...
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Hibbett Sports
Hibbett Sports, Inc. is an American publicly traded holding company for Hibbett Sporting Goods, a full line sporting goods retailer headquartered in Birmingham, Alabama. As of January 29, 2022, the company operated approximately 1,096 retail stores, which include 900 Hibbett Sports stores, 179 City Gear stores, and 17 Sports Additions athletic shoe stores in 35 states. Hibbett Sports, Inc. operates sporting goods stores in small to mid-sized markets, in the Southeast, Southwest and lower Midwest regions of the United States. States with the most stores are Georgia (97), Texas (97), and Alabama (90). Its stores offer a range of athletic equipment, footwear and apparel. The company's primary store format is the Hibbett Sports store, an approximately 5,000 square foot store located primarily in strip centers which are frequently influenced by a Wal-Mart store. History In January 2015, Hibbett Sports reported net annual sales of US$913M on total assets of US$452M. In August 20 ...
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Nike, Inc
Nike, Inc. ( or ) is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services. The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area. It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$37.4 billion in its fiscal year 2020 (ending May 31, 2020). As of 2020, it employed 76,700 people worldwide. In 2020, the brand alone was valued in excess of $32 billion, making it the most valuable brand among sports businesses. Previously, in 2017, the Nike brand was valued at $29.6 billion. Nike ranked 89th in the 2018 Fortune 500 list of the largest United States corporations by total revenue. The company was founded on January 25, 1964, as "Blue Ribbon Sports", by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on May 30, 1 ...
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Levi's
Levi Strauss & Co. () is an American clothing company known worldwide for its Levi's () brand of denim jeans. It was founded in May 1853 when German-Jewish immigrant Levi Strauss moved from Buttenheim, Bavaria, to San Francisco, California, to open a West Coast branch of his brothers' New York dry goods business. Although the corporation is registered in Delaware, the company's corporate headquarters is located in Levi's Plaza in San Francisco. History Origin and formation (1853–1890s) German-Jewish immigrant Levi Strauss started his trading business at the 90 Sacramento Street address in San Francisco and then moved the location to 62 Sacramento Street. In 1858, the company was listed as ''Strauss, Levi (David Stern & Levis Strauss) importers clothing, etc. 63 & 65 Sacramento St.'' (today, on the current grounds of the 353 Sacramento Street Lobby ) in the San Francisco Directory with Strauss serving as its sales manager and his brother-in-law, David Stern, as its manager. J ...
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Memphis Grizzlies
The Memphis Grizzlies (referred to locally as the Grizz) are an American professional basketball team based in Memphis, Tennessee. The Grizzlies compete in the National Basketball Association (NBA) as a member of the league's Western Conference Southwest Division. The Grizzlies play their home games at FedExForum. The Grizzlies are currently the only team in the major professional North American sports leagues based in the city of Memphis, and the only professional basketball team in the state of Tennessee. The team was originally established as the Vancouver Grizzlies in the city of Vancouver, Canada, an expansion team that joined the NBA for the . After the 2000–01 season concluded, the Grizzlies left Vancouver and moved to Memphis. Franchise history 1995–2001: Vancouver Grizzlies The Vancouver Grizzlies were a Canadian professional basketball team based in Vancouver, British Columbia. They were part of the Midwest Division of the Western Conference of the Nationa ...
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Houston Rockets
The Houston Rockets are an American professional basketball team based in Houston. The Rockets compete in the National Basketball Association (NBA) as a member team of the league's Western Conference Southwest Division. The team plays its home games at the Toyota Center, located in Downtown Houston. Throughout its history, Houston has won two NBA championships and four Western Conference titles. It was established in 1967 as the San Diego Rockets, an expansion team originally based in San Diego. In 1971, the Rockets relocated to Houston. The Rockets won only 15 games in their debut season as a franchise in 1967. In the 1968 NBA draft, the Rockets were awarded the first overall pick and selected power forward Elvin Hayes, who would lead the team to its first playoff appearance in his rookie season. The Rockets did not finish a season with a winning record for almost a decade until the 1976–77 season, when they traded for All-Star center Moses Malone. Malone went on to ...
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New Orleans Pelicans
The New Orleans Pelicans are an American professional basketball team based in New Orleans. The Pelicans compete in the National Basketball Association (NBA) as a member of the league's Western Conference Southwest Division and play their home games at the Smoothie King Center. Since 2014, the NBA officially considers New Orleans as an expansion team that began play in the 2002–03 season. The Pelicans were established as the New Orleans Hornets in the when George Shinn, then owner of the Charlotte Hornets, relocated the franchise to New Orleans. Due to the damage caused by Hurricane Katrina in 2005, the team temporarily relocated to Oklahoma City, where they spent two seasons as the New Orleans/Oklahoma City Hornets before returning to New Orleans for the 2007–08 season. In 2013, the Hornets announced that they would change their name to the New Orleans Pelicans after the 2012–13 season. In 18 seasons of play since the original franchise relocated from Charlotte, ...
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Atlanta Hawks
The Atlanta Hawks are an American professional basketball team based in Atlanta. The Hawks compete in the National Basketball Association (NBA) as a member of the league's Eastern Conference (NBA), Eastern Conference Southeast Division (NBA), Southeast Division. The team plays its home games at State Farm Arena. The team's origins can be traced to the establishment of the Buffalo Bisons in 1946 in Buffalo, New York, a member of the National Basketball League (United States), National Basketball League (NBL) owned by Ben Kerner and Leo Ferris. After 38 days in Buffalo, the team moved to Moline, Illinois, where they were renamed the Tri-Cities Blackhawks. In 1949, they joined the NBA as part of the merger between the NBL and the Basketball Association of America (BAA), and briefly had Red Auerbach as coach. In 1951, Kerner moved the team to Milwaukee, where they changed their name to the Milwaukee Hawks. Kerner and the team moved again in 1955 to St. Louis, where they won their only ...
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Retail Companies Of The United States
Retail is the sale of goods and Service (economics), services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturing, manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a Profit (accounting), profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar store, bricks and mortar and Online shopping, online retailing. Digital technologies are also affecting the way that ...
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