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GART BROS. ACQUIRES TEN STORES IN UTAH AND IDAHO

 DENVER, June 23 /PRNewswire/ -- Gart Bros. Sporting Goods Co. announced today that they have received final approval from the bankruptcy court in Trenton, N.J. to buy 10 stores from Herman's World of Sporting Goods. The stores are all located in Utah and Idaho where Herman's recently completed a going-out-of-business sale. Specific dates for reopening the 10 stores have not yet been finalized. However, it is expected that all 10 will be open by Sept. 30, 1993.
 In making today's announcement, Gart Bros. President and Chief Executive Officer John R. Chase said, "We are very excited about our expansion throughout Utah and Idaho. This 10-store acquisition represents Gart Bros.' confidence in the vitality of the Utah and Idaho markets and creates a framework for even more growth in the future."
 The five stores being acquired in Utah are located in Park City, Orem, Bountiful, Layton Mall and Logan, and will give Gart Bros. a total of 17 stores to serve the Utah market. Gart Bros. first entered the Utah market in 1987 with its 60,000 square foot Sportscastle store in Murray.
 The five stores being acquired in Idaho are located in Pocatello, Idaho Falls, Nampa, Moscow and Lewiston, and together with two stores in Boise, will give Gart Bros. seven stores in Idaho by year-end. Gart Bros. first entered the Idaho market in 1991 with a large store in Boise. Eventually, Gart Bros. plans to have four stores in the Boise market.
 "Customers can expect a broader range of merchandise with more emphasis on Ski, Hunt, Camp and Fish categories," said Chase. "These new stores will embrace the Gart Bros. philosophy of providing wide selection, guaranteed low prices, quality merchandise and friendly customer service.
 "Every attempt will be made to hire as many former Herman's employees as possible," Chase added. The acquisition is part of a 21-store purchase coordinated by Leonard Green and Partners on behalf of its wholly owned subsidiaries -- Gart Bros. Sporting Goods, Big Five Sporting Goods and MC Sporting Goods.
 Gart Bros. Sporting Goods is the largest sporting goods retailer in the Rocky Mountain region currently operating 48 stores throughout Colorado, Utah, Wyoming and Idaho. Gart Bros. operates full-line sporting goods stores offering Skis and Ski Apparel; Hunt, Camp and Fish; Athletic Shoes and Apparel; and Golf, Tennis, Exercise and Team Sports.
 -0- 6/23/93
 /CONTACT: Paula Peri of Gart Bros., 303-865-2645/


CO: Gart Bros. Sporting Goods Co.; Herman's World of Sporting Goods ST: Colorado, Utah, Wyoming, Idaho IN: REA SU: TNM

BB -- DV006 -- 5233 06/23/93 18:33 EDT
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Publication:PR Newswire
Date:Jun 23, 1993
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