City Sports moved its corporate headquarters from Wilmington, MA to Boston's North End this week. The company's distribution center will remain in Wilmington. The company also plans to open another store in New York City in early 2009.
“Our move demonstrates City Sports' reenergized commitment to delivering the best experience to our target segment, the city athlete,” said President Jeff Connor. “Historically our headquarters were always in the city, and we're thrilled to be back.”
The company, which was acquired by Highland Capital in March 2008, is also setting the stage for expansion.
CEO Mike Kennedy noted, “Since Highland Capital's infusion of capital, we have set an aggressive course for opening new stores and growing the City Sports brand. Last week we opened in Bethesda, MD – our fifteenth store– and we will be opening another new location on 48th Street and 6th Avenue in Manhattan in the first quarter of 2009. We will continue to look at other opportunities and cities for new locations throughout 2009 and beyond.”
Last week, City Sports opened a store in suburban Washington, D.C., the 15th store in the chain. Founded in 1983, the retailer now operates stores in metropolitan locations in Boston, Providence, New York, Washington D.C., Philadelphia, Baltimore and Atlanta as well as online.