Type Subsidiary Key people Michael Medline Headquarters Calgary, Canada Founded 1974 Parent organization Canadian Tire | Industry Sporting Goods Stores Website www.fglsports.com Founder John Forzani Number of employees 2,629 | |
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Subsidiaries Sport Chek, Sports Experts | ||
FGL Sports Ltd. is a Calgary, Alberta based national sporting goods retailer in Canada. It operates under these corporate banners: Sport Chek, Atmosphere (renamed from Coast Mountain Sports), Sport Mart (all stores closed as of March 2013), National Sports, Pro Hockey Life, Athletes World (all stores closed as of March 2013), Sports Experts, Intersport, Tech Shop, RnR, Hockey Experts, Nevada Bob's Golf, The Fitness Source (all stores closed), Pegasus, S3, and Econosports.
With revenues of over a billion Canadian dollars a year, FGL Sports Ltd. (FGL) accounts for 16.4% of the Canadian sporting goods retailing market, which in 2003 was worth CDN$6.753 billion. FGL competes on a regional basis with independent retailers and regional chains, and on the national level with Mountain Equipment Co-op, Hudson's Bay Company, Walmart and Sears. FGL Sports has 551 stores shared between its corporate and franchise banners. By 2009-2010, Athletes World was discontinued from Quebec.
In 2011, Canadian Tire bought Forzani for $771 million, and has since embarked on a large scale brand restructuring.