Gart Sports has closed two Denver metro stores and is
looking to expand in WA, where it has opened two new stores,
according to Penny Parker of the DENVER POST. Gart will
also open a new store in Albuquerque, NM, bringing the total
store count to 130 by year's end. In related news, Sports
Trend magazine listed its top 10 sports retailers in the
U.S. based on revenues: 1) Wal Mart; 2) Foot Locker; 3)
Kmart; 4) The Sports Authority; 5) JCPenney; 6) L.L. Bean;
7) Sears, Roebuck & Co; 8) Champs Sports & Going to the
Game; 9) Gart Sports; 10) Target Stores (DENVER POST, 5/14).
NJ-based memorabilia company Score Board Inc. plans to
liquidate its assets to pay creditors, according to a WALL
STREET JOURNAL report. The company, which has been
operating under Chapter 11 bankruptcy protection, said it
expects to be delisted by the NASDAQ "because it can't meet
minimum requirements for listing." The company also plans
to sell its inventory and its intellectual property, trade
fixtures and "certain other assets" in about a month. Score
Board President John White resigned and was succeeded by F.
Duffield Meyercord (WALL STREET JOURNAL, 5/15).