For DTLA Sports Chalet, it’s “Everything must go”
It’s Sports Chalet no more — the West Coast sporting goods chain announced last week that it will be shuttering all 47 of its stores as its parent company, Vestis Retail Group, files for chapter 11 bankruptcy.
The La Cañada Flintridge-based shop was founded in 1959 by German immigrants Norbert and Irene Olberz. Since then, it has spread throughout Southern California and opened storefronts in Arizona and Nevada as well.
In California alone, the chain has 40 stores, including more than a dozen in Los Angeles County. The flagship in La Cañada has its own road, Sport Chalet Drive, that leads up to the building. And in Downtown L.A., Sports Chalet occupies 53,600 square feet at the FIGat7th mall on Figueroa Street, according to CoStar.
The company did not reveal a specific closing date for its locations.
Signs in windows of the DTLA location, however, already say “Everything must go,” and “All Sales are Final No Returns.” — Cathaleen Chen