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."

"We are extremely excited about this combination. Together, the businesses will have a broad multi-channel offering of retail, online, mobile and catalogue throughout North America," said Ron Hornbaker, interim CEO of Golf Town.
What does this mean for the everyday golf and tennis consumer? Not much. Although, you might notice a change to the neon Golfsmith sign.

read more

Image via Flickr, HerrKrueger


Did I miss something? Tip Your Editor


[ comments ]
legitimatebeef says:
Hold me.
5/15/12
 
mjaber says:
Maybe we'll finally get a major golf retailer in my area.
5/15/12
 
GolfSmith7 says:
I was at a store the name isn't going to change!
5/15/12
 
srogers13 says:
Would you have had to change your name in here, also?
5/15/12
 
GolfSmith7 says:
@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
5/15/12
 
Dusty23 says:
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.
5/15/12
 
mjaber says:
@Dusty... I'm hoping for something just over the border in NH, either Plaistow or Salem. No sales tax.
5/15/12
 
Duke of Hazards says:
not nearly as awesome as when they replaced Chick's with Dick's
5/15/12
 
mmontisano says:
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.
5/15/12
 
Matt F says:
A Golfsmith just opened about 30 minutes away from me...the next closest was Columbus, 2 hours away.
5/16/12
 
Virtuaframax says:
A Golfsmith store just opened in Warrensville Heights OH a few weeks ago!!! FINALLY!!!
5/16/12
 
Kurt the Knife says:
@ Duke
Chicks with Dicks?

eeeew
5/16/12
 
Duke of Hazards says:
@Kurt, one man's 'eeeew'....
5/16/12
 
[ post comment ]
 
    New Products
    Stats
    Caption This
    World Am
    How Bizarre!
Most Popular:

Subscribe