By Max Bowen
max.bowen@northstarreporter.com
The Emerald Square Mall is losing another business as Olympia Sports announces a number of closings.
On Oct. 31, the company announced it would work with SB360 Capital Partners LLC to conduct closings in Massachusetts, Connecticut, Delaware, Maryland, Maine, New Hampshire, New Jersey, New York, Pennsylvania, Vermont, Rhode Island, and Virginia. North Attleborough is among the towns to lose an Olympia Sports location, along with Franklin, Taunton, Pembroke, and Burlington.
According to information released by SB360 Capital, Olympia Sports was recently acquired by retailer JackRabbit and will continue to operate its remaining 75 stores under the Olympia Sports’ banner. The 76 stores to be closed are not part of the acquisition. A Store Closing sale began on Nov. 1.
Olympia Sports opened its first store in 1975 in South Portland, Maine. Over the course of the next 44 years Olympia developed a brand assortment sold in more than 150 locations throughout the Northeast, Mid-Atlantic, and Midwest.
Aaron Miller, Executive Vice President of SB360, said “Olympia Sports has been the destination store for sports enthusiasts throughout New England and beyond for decades. Because of their reputation in the markets they serve, the “Store Closing” discounts offered off Olympia’s already competitive prices will make for a very fast-paced sale.”
