Headlines

Vestis Retail Group Expands Westward

Acquires Sport Chalet Inc.

Published

12 years ago

July 9, 2014

Sarah Whitman

Landmark Los Angeles-area sporting goods chain Sport Chalet Inc. is being sold to Vestis Retail Group, creating one of the largest sporting goods retailers in the country, according to the Los Angeles Times.

Vestis, which owns East Coast sports retailers Bob's Stores and Eastern Mountain Sports, said it will buy all outstanding shares of Sport Chalet. Vestis is owned by Philadelphia-based Versa Capital Management.

With the addition of Sport Chalet's 51 stores, Vestis said it will have a national hold in the sporting-goods market. All three chains will keep their original names but combine sales lines, the company said.

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