INDIANAPOLIS , July 19, 2012 /PRNewswire/ -- The LIDS Sports Group retail division has reached an acquisition agreement with JAS Sports Inc., the Seattle -based retailer of officially licensed Washington collegiate and Seattle professional sports team merchandise. The purchase consists of nine brick-and-mortar properties operating under the Seattle Team Shop, The Dawg Den and SODO Sports brands, as well as the mobile concession operations near Safeco Field and Century Link Field. In addition, the purchase consists of multiple online shops which include wazzugear.com, soundersgear.com, thedawgden.com and seattleteams.com. "Throughout our 10 years in operation, JAS Sports has established
Indianapolis-based LIDS® Sports Group, primarily known through its specialty headwear LIDS retail business and sports apparel LIDS Locker Room division, has reached an agreement with the University of Florida to operate and manage the official team stores for the Florida Gators. This includes two primary locations within "The Swamp," as well as other special event concessions for the University's baseball, basketball, and gymnastics athletic programs, among others. Through this agreement, the former Florida Gators Sports Shop will be re-branded as the Gator Locker Room. In addition, the Company will leverage its current LIDS Locker Room locations in the state
SEATTLE, WA (BRAIN)REI this week reported an 8.4 percent jump in annual sales for 2011, to $1.66 billion, but operating income was down slightly, to $116.2 million from 2010s record $116.6 million. Net income was flat compared with 2010 at $30.2 million. We experienced strong sales in 2011. However, because winter weather failed to arrive, our profitability was impacted, said Brian Unmacht, REIs executive vice president. Looking ahead, our underlying strong financial position allows us to continue our growth plans and invest in ways that make it easy for customers and members to shop REI however they wishonline, on
LIDS Sports Group announced the acquisition of the Buckeye Corner stores in the Columbus, Ohio area. The acquisition includes four Buckeye Corner store locations, along with its e-commerce website and catalog business. Terms of the acquisition weren't disclosed. A retailer specializing in the sale of officially licensed sports headwear, apparel, accessories and novelties since 1980, Buckeye Corner has been the official retail partner of The Ohio State University Alumni Association since 2004.