News
March 10, 2009
Stuart Utgaard, the Chairman and CEO of Sportsman's Warehouse Holdings, today announced that the company is taking two major actions to improve liquidity.
1. 23 stores are being liquidated to reduce bank debt. .
• Aurora, CO
• Coon Rapids, MN
• DePere, WI
• Henderson, NV
• Lafayette, IN
• Las Cruces, NM
• Las Vegas, NV
• Legacy, TX
• Memphis, TN
• Nampa, ID
• New Berlin, WI
• Oklahoma City, OK
• Pittsburgh, PA
• Pocatello, ID
• Roanoke, VA
• Rogers, AR
• Round Rock, TX
• St. Cloud, MN
• Sioux Falls, SD
• Southaven, MS
• Visalia, CA
• Wichita, KS
• Woodbury, MN
2. 15 stores are being sold to UFA Co-op.
• Bend, OR
• Bozeman, MT
• Burlington, WA
• Coeur d’Alene, ID
• Fargo, ND
• Federal Way, WA
• Helena, MT
• Kennewick, WA
• Lacey, WA
• Missoula, MT
• Portland, OR
• Salem, OR
• Silverdale, WA
• Spokane, WA
• Vancouver, WA
It is hoped that these actions will enable the firm to go forward as a viable entity with approximately 2,300 employees. Sportsman's Warehouse is a leading outdoor retailer of sporting goods headquartered in Midvale, Utah.
About Sportsmans' Warehouse
Our simple mission is to live up to our reputation as the "Great Indoors for those who love the Great Outdoors™". Sportsman’s Warehouse was founded under the idea of serving the outdoor enthusiast exclusively. That’s why you’ll find everything you’re looking for right here under one roof. Whether it’s for fishing, hunting, camping or any other outdoor pursuit, we’ve got it all.
But more than just top name brand products, Sportsman’s Warehouse is known for our expert and knowledgeable staff. We are an organization of hunters, fishermen, and outdoor enthusiasts—a proud part of America’s outdoor traditions. Our employees not only have a passion for the great outdoors but they also offer intimate knowledge of products and the local know-how to help make your outdoor pursuits more successful and enjoyable.
Stu Utgaard
About UFA Co-operative Limited
UFA Co-operative Limited is one of Alberta's most dynamic enterprises. Canada's largest re-seller of diesel products serves rural communities throughout Alberta, B.C. and Saskatchewan with a construction division and an unmatched network of retail stores and petroleum outlets. With more than $1.8 billion in annual revenues and 120,000 active members, UFA is one of Canada's most successful co-operatives.