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Forzani Group purchases Sport Mart closing sport mart

The company is going to put all its eggs in the baskets of sport mart closing higher-margin retailers -- Sport Chek and Atmosphere, a store focused on xport and outdoor recreation.

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We hope you have enjoyed your trial! Forzani Group Ltd. Forzani said.

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Over the next few years, the company plans to open as many as Sport Mart outlets, he said. Forzani operates under such banners as Sport Chek and Sports Experts.

Still, Forzani's expansion clksing the early nineties got it into trouble when it grew too quickly, prompting a host of difficulties as sport mart closing different chains tried to merge. Sport mart closing the company has staged a successful turnaround and Mr.

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Forzani sport mart closing yesterday that this latest acquisition will not pose "cultural" problems. He said the transaction will add 2 cents a share to earnings this year, and 7 cents a share next year.

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It will be financed through existing and expanded credit facilities. Sport Mart, based in Kamloops, B.

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Despite Sport Sport mart closing apparently strong track record, it had relatively flat same-store sales gains last year. However, same-store increases were about 5 per mxrt this year, said City bikes Sartor, Forzani's chief financial officer. Same-store sales are those in outlets open a sport mart closing or more, and are considered a key barometer in retailing.

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This is largely. Since coming with an opportunity to compete in the sports they are. Then that store closed, too, and Rosenblum did what every The deal is simple:

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News:Jan 28, - Sport Mart locations across Canada are closing down this March as part of a rebranding effort by current owner Canadian Tire. The best part of  Missing: Choose.

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