Oshman 's sporting goods - wikipedia Oshman 's sporting goods Oshman 's Sporting Goods Former type Private Industry Retail Fate Acquired by Gart Sports Founded 1919 ; 99 years ago ( 1919 ) ( as Oshman 's Dry Goods ) ; 1933 ; 85 years ago ( 1933 ) ( as Oshman 's Sporting Goods ) Defunct 2005 ; 13 years ago ( 2005 ) Headquarters Houston, Texas Area served United States Key people J.S. `` Jake '' Oshman ( founder ) Products Apparel, sports equipment, footwear, exercise equipment Parent Gart Sports ( 2001 - 2005 ) Website Oshman 's Sporting Goods ( Archive ) Oshman 's Sporting Goods Inc. was a sporting goods retailer in the United States. Their headquarters were in East End, Houston, Texas. It operated traditional sporting goods stores and Oshman 's Supersports USA megastores. Contents 1 History 2 Corporate affairs 3 References 4 External links History In 1919, J.S. `` Jake '' Oshman, an immigrant from Latvia, opened a store, Oshman 's Dry Goods, in Richmond, Texas. In 1931 he moved to Houston by buying the stock of a bankrupt army - surplus store known as Crawford - Austin and liquidated its inventory. He discovered in the process that sporting goods, especially fishing and hunting supplies, sold well. In 1933 he opened the first Oshman Outdoor Store, in Downtown Houston at Capitol and Fannin. Founded as a proprietorship, Oshman 's business was incorporated as Oshman 's Sporting Goods 15 years later, in 1946, as the country emerged from World War II... As business increased, the store moved to a larger location at 902 Main in Downtown Houston. Oshman 's opened locations in suburban shopping centers in Greater Houston and then in Bay City, Beaumont, Corpus Christi, and Pasadena. Oshman died in 1965. By that year Oshman 's was Texas 's largest sporting goods chain, and it was the largest sporting goods chain in the southwestern United States. At that time the company had ten sporting goods stores and two wholesale firms located in the Gulf Coast region. In the 1970s Oshman 's was expanding in the Los Angeles area. In 1978 Oshman 's purchased the rights to the trade name of Abercrombie and Fitch from First National Bank of Chicago for $1.5 million ( $5.2 million in 2013 dollars ). As of October 31, 1987 the company operated 185 traditional stores, one Super Sports USA store, and 27 Abercrombie and Fitch stores. Around December 25 that year it stopped its proposed $50 million sale ( of which $20 million could be in banknotes ) of the stores to an investor group in New Jersey. By the mid-1980s the chain had over 200 stores in the U.S. Sun Belt. In 1993 the company stated that it planned to close 33 stores. In 2001 Gart Sports Company announced that it would buy Oshman 's for a combination of cash and stock valued around $82 million. In June of that year it merged into GSC Acquisition Corp., a wholly owned subsidiary of Gart. Many of Oshman 's stores became Sports Authority stores ; they have since closed. Corporate affairs In 1991 the company stated that it would consolidate the offices of its California and Texas divisions into its headquarters in Houston. The company said that the competitive conditions of the retailing industry and the slowing economy prompted its move. References ^ Jump up to : `` Oshman 's Sporting Goods. '' Bloomberg Businessweek. Retrieved on September 14, 2011. `` 2302 Maxwell Lane Houston, TX 77023 United States '' Jump up ^ Steinhauer, Jennifer. `` Sporting Goods Retailers Start to Consider New Lineups. '' The New York Times. June 12, 1997. 1. Retrieved on September 14, 2011. ^ Jump up to : `` About Us. '' Oshman 's Sporting Goods. February 1, 2003. Retrieved on September 15, 2011. ^ Jump up to : `` Founder of Oshman 's Chain Dies. '' Houston Post. Saturday May 1, 1965. Section 1, Page 1, continued on Section 1, Page 3. Available via microfilm from the Houston Public Library Central Library Jesse H. Jones Building. Jump up ^ `` Oshman 's to Build Stores. '' Los Angeles Times. July 4, 1974. N6. Retrieved on September 14, 2011. `` In keeping with its expansion plans for the Los Angeles area, Oshman 's Sporting Goods has announced two more stores scheduled to open this fall '' Jump up ^ `` Why Abercrombie Is Losing Its Shirt ''. New York. Retrieved February 12, 2014. Jump up ^ http://www.bls.gov/data/inflation_calculator.htm BLS Inflation Calculator Jump up ^ Benedict, Daniel. `` A&F sale called off / Oshman 's dislikes group 's proposal Archived 2012 - 10 - 22 at the Wayback Machine... '' Houston Chronicle. Friday December 25, 1987. Business 1. Retrieved on September 14, 2011. Jump up ^ `` Oshman 's plans to close 33 stores, take pretax charge of $15 million. '' The Dallas Morning News. December 28. 1993. Retrieved on September 14, 2011. Jump up ^ Pate, Kelly. `` Gart Sports to acquire Oshman 's Combination could create nation 's most profitable sporting - goods firm Article 1 of 1 found. '' The Denver Post. February 23, 2001. C1. Retrieved on September 14, 2011. Jump up ^ `` Briefly Oshman 's plans to consolidate headquarters HOUSTON. '' San Antonio Express - News. January 31, 1991. Retrieved on September 14, 2011. External links Houston portal Companies portal Sports portal Oshman 's Sporting Goods ( Archive ) Dick 's Sporting Goods Current Field & Stream Former Galyan 's Golfsmith Oshman 's Sporting Goods Sports Authority People Edward W. Stack Retrieved from `` https://en.wikipedia.org/w/index.php?title=Oshman%27s_Sporting_Goods&oldid=865403844 '' Categories : Defunct retail companies of the United States Clothing retailers of the United States Sporting goods retailers of the United States Companies based in Houston Defunct companies based in Texas American companies established in 1919 Retail companies established in 1919 Retail companies disestablished in 2001 1919 establishments in Texas 2001 disestablishments in Texas Hidden categories : Webarchive template wayback links Talk Contents About Wikipedia 日本 語 Edit links This page was last edited on 23 October 2018, at 19 : 04 ( UTC ). About Wikipedia

Question: when did oshman's go out of business
Answer: 2005