Galyan's Trading Company was an American
sporting goods
Sports equipment, sporting equipment, also called sporting goods, are the tools, materials, apparel, and gear used to compete in a sport and varies depending on the sport. The equipment ranges from balls, nets, and protective gear like helmets. ...
chain. It was founded in
Plainfield, Indiana.
The store began in 1946 as a
grocery store
A grocery store ( AE), grocery shop ( BE) or simply grocery is a store that primarily retails a general range of food products, which may be fresh or packaged. In everyday U.S. usage, however, "grocery store" is a synonym for supermarket, a ...
, founded by Albert and Naomi Galyan. By the 1960s, the Galyans began selling sporting goods instead.
The chain was purchased in 1995 by
The Limited
The Limited was an American clothing retailer that operated retail stores between the early 1960s and the late 2010s. After 2007, it became a brand, originally owned by the private equity firm Sun Capital Partners, now owned by another private equ ...
.
[Alternate Link]
via ProQuest
ProQuest LLC is an Ann Arbor, Michigan-based global information-content and technology company, founded in 1938 as University Microfilms by Eugene B. Power. ProQuest is known for its applications and information services for libraries, provid ...
. At the time, the chain consisted of only five stores,
[Alternate Link]
via ProQuest
ProQuest LLC is an Ann Arbor, Michigan-based global information-content and technology company, founded in 1938 as University Microfilms by Eugene B. Power. ProQuest is known for its applications and information services for libraries, provid ...
. but grew to 20 by 1999
[Alternate Link]
via NewsBank
NewsBank is a news database resource that provides archives of media publications as reference materials to libraries.
History
John Naisbitt, the author of the book ''Megatrends'', founded NewsBank.Andrews 1998, p. 17. The company was launched i ...
. when The Limited sold 60% of the company to the investment firm of Freeman, Spogli & Company.
The company became a publicly traded company when it released its
IPO
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
on
NASDAQ
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...
in 2001.
Many of the stores featured
rock climbing
Rock climbing is a sport in which participants climb up, across, or down natural rock formations. The goal is to reach the summit of a formation or the endpoint of a usually pre-defined route without falling. Rock climbing is a physically and ...
walls,
golf simulator
Indoor golf is an umbrella term for all activities in golf which can be carried out indoors. Venues include indoor driving ranges, chipping areas, putting greens, machines and home golf simulators. Many of these indoor facilities are businesses t ...
s, and
archery
Archery is the sport, practice, or skill of using a bow to shoot arrows.Paterson ''Encyclopaedia of Archery'' p. 17 The word comes from the Latin ''arcus'', meaning bow. Historically, archery has been used for hunting and combat. In m ...
ranges.
By 2004, Galyan's had 47 stores in 21 states.
That same year, the chain was acquired by
Dick's Sporting Goods.
References
External links
* (Archive)
Defunct companies based in Indiana
American companies established in 1946
Retail companies established in 1946
Retail companies disestablished in 2004
Sporting goods retailers of the United States
Defunct retail companies of the United States
1946 establishments in Indiana
1995 mergers and acquisitions
2004 mergers and acquisitions
2001 initial public offerings
Companies formerly listed on the Nasdaq
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