{{Use mdy dates|date=June 2023}} {{short description|Retail company}} {{more citations needed|date=February 2016}} {{infobox company | name = Olympia Sports | logo = Olympia sports.png | image = Olympia Sports (Webster, Massachusetts) (24236337837).jpg | image_caption = An Olympia sport store in Webster 2017 | type = [[Private company]] | industry = [[Retail]] | founded = {{Start date |1975 }} | founder = Ed Manganello | defunct = {{End date |2022|09 }} | fate = [[Bankruptcy]] and [[liquidation]] | location = [[Westbrook, Maine]], [[United States]] | num_locations = 152 (2015) | products = Sporting goods | website = {{URL |https://olympiasports.net }} }}
'''Olympia Sports''' was an American sporting goods [[Retail|retail company]]. The company was founded in 1975 in [[Portland, Maine]]. Before it went under liquidation, Olympia Sports had 152 locations, mostly across New England, New York, and the Mid-Atlantic. It was headquartered in nearby [[Westbrook, Maine]], and had a flagship store in [[Boston]].
Olympia Sports also housed the Olympia Sports Foundation, a non-profit clothing bank, where unused clothing and vendor materials are donated to individuals in need. The foundation was shut down in 2016 as a cost-saving measure.
== History == The company was founded in 1975 in [[Portland, Maine]] and grew to 152 stores mostly across New England, New York, and the Mid-Atlantic.
In October 2019, it was announced that Denver, Colorado-based JackRabbit would purchase 75 of the remaining 152 stores, the other 77 stores to be liquidated.<ref>{{Cite web|url=https://www.syracuse.com/business/2019/12/see-list-of-76-olympia-sports-stores-that-are-closing-including-12-in-upstate-new-york.html|title = See list of 76 Olympia Sports stores that are closing|date = December 30, 2019}}</ref> <ref>Hall, William. [https://www.mainebiz.biz/article/olympia-sports-sold-to-denver-based-chain-will-close-77-stores "Olympia Sports sold to Denver-based chain, will close 77 stores"], Mainebiz, October 10, 2019</ref>
On May 5, 2022 [[Schottenstein Stores]] acquired some of the locations and began liquidation sales.{{Citation needed|date=January 2024}}
On July 22, 2022, it was announced that all of the remaining Olympia Sports stores would be liquidated and closed by the end of September.<ref>{{Cite web |last=Jordan Andrews |date=July 22, 2022 |title=After 46-year run, Olympia Sports to close its doors |url=https://www.pressherald.com/2022/07/22/after-46-year-run-olympia-sports-to-close-its-doors/ |access-date=July 22, 2022 |website=Press Herald}}</ref> In September 2022, Olympia filed for Chapter 11 bankruptcy.<ref>{{Cite web |last=Unglesbee |first=Ben |date=September 13, 2022 |title=Olympia Sports files for bankruptcy as it works through liquidation |url=https://www.retaildive.com/news/olympia-sports-files-bankruptcy-works-through-liquidation/631716/ |access-date=2024-01-15 |website=Retail Dive |language=en-US}}</ref>
On February 17, 2023, it was announced that all of the remaining Olympia Sports intellectual properties were sold to Albert Fouerti at an auction.<ref>{{Cite web |last= |first= |date=2023-02-22 |title=Brooklyn Entrepreneur Albert Fouerti Acquires Olympia Sports |url=https://fox59.com/business/press-releases/ein-presswire/618257328/brooklyn-entrepreneur-albert-fouerti-acquires-olympia-sports/ |access-date=2024-01-15 |website=Fox 59 |language=en-US}}</ref><ref>{{Cite web |title=Olympia Sports, Clever Training assets sold to Brooklyn company |url=https://www.bicycleretailer.com/industry-news/2023/02/15/olympia-sports-clever-training-assets-sold-brooklyn-company |access-date=2024-01-15 |website=Bicycle Retailer and Industry News |language=en}}</ref>
==References== {{Reflist}}
==External links== {{commons category}} *{{Official website|www.olympiasports.net}}
[[Category:Defunct retail companies of the United States]] [[Category:Sporting goods retailers of the United States]] [[Category:Retail companies established in 1975]] [[Category:Retail companies disestablished in 2022]] [[Category:Companies that filed for Chapter 11 bankruptcy in 2022]]
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