Canada to further invade America!
By mustang6560 on 5/15/12
For those of you who enjoy the business side of golf, Golf Town, the largest golf retailer in Canada, announced it will purchase Golfsmith for $96 million, thus creating the largest golf retailer in the WORLD!
"Golfsmith is a company that we have admired for years. This transaction will give us a formidable footprint in North America and will also provide a strong platform for future growth," said Don Morrison, Senior Managing Director and Canadian Country Head of OMERS Private Equity. "Together with management we look forward to enhancing the value proposition for the companies' loyal customers."What does this mean for the everyday golf and tennis consumer? Not much. Although, you might notice a change to the neon Golfsmith sign.
Image via Flickr, HerrKrueger
Did I miss something? Tip Your Editor
[ comments ]
Maybe we'll finally get a major golf retailer in my area.
I was at a store the name isn't going to change!
Would you have had to change your name in here, also?
@srogers, when I was growing up we use to play war games and my name was gunsmith so I picked golfsmith bc of that then it dawned on me there is a store by that name, never changed it but I might now lol. I thought about it! lol
mjaber- I believe there is a Golftown in Reading off Rte 28, if not there are like five of them around the Boston area, I just picked up some grips from the one in Avon.
@Dusty... I'm hoping for something just over the border in NH, either Plaistow or Salem. No sales tax.
Duke of Hazards says:
not nearly as awesome as when they replaced Chick's with Dick's
i really wished it was the other way around. Golfsmith seems like the more "put together" company. Better, more intuitive website. Better logo. Better products.
Golf Town really needs to up their game if they're going to make this successful.
Matt F says:
A Golfsmith just opened about 30 minutes away from me...the next closest was Columbus, 2 hours away.
A Golfsmith store just opened in Warrensville Heights OH a few weeks ago!!! FINALLY!!!
Kurt the Knife says:
Chicks with Dicks?
Duke of Hazards says:
@Kurt, one man's 'eeeew'....
[ post comment ]