Your recently viewed items and featured recommendations, Select the department you want to search in. from 8 AM - 9 PM ET. Been Using Them For Over 30 Years! Ben Cooke, a 20-year running industry veteran with stints at Princeton Running Company, Running Specialty Group and Fleet Feet,will assume the president role of Marathon Sports. Each location will continue use of its current store name in all branding, marketing and community outreach efforts. Yeezy Launches an Instagram Account With an Eerie Video and Confirms Gap x Balenciaga Product Drop in Times Square Tomorrow, Reebok Is Bringing Back NBA Icon Allen Iversons Answer Basketball Shoe From 1997, How Champs Sports Is Participating in the Fight for Womens Equity in Sports With Women Win Campaign, Fleet Feet Snaps Up JackRabbit, Sprints Ahead in Specialty Run, With Global Running Day Approaching, Fleet Feet Is Making 'My Big Run' Virtual, Customer Experience, Revenue Stream and Sustainability Come Wrapped in an IMBOX, How to Shop Carrie Bradshaws Shoes from And Just Like That, The 8 Best Indoor Cycling Shoes, According to Fitness Experts, Shimano Women's IC5 Indoor Cycling Shoe $125, The 20 Most Comfortable Shoes for Men Youll Want to Live in, The 20 Best Walking Shoes for Women in 2022, The FTC is Suing Walmart For Turning a Blind Eye to Fraud Via Its Money Transfer Services, What Rolling Back China Tariffs Could Mean for the Footwear Industry, Companies Promising Abortion Benefits to Employees Could Face Potential Legal Challenges, The Heart and Sole of the Footwear Industry. Founded as a single store in Cambridge, Mass., in 1975, Marathon Sports has grown to include 11 namesakes across Massachusetts and a robust e-commerce presence. ", "Colin, Penny and their entire team are a testament to what a committed group of individuals can do through running and serving communities, and I feel so fortunate to have the opportunity to build on Colin's legacy with a supremely talented staff across 18 stores," says Cooke. Committed to offering personalized outfitting, robust training programs and rewards, community support and outreach, and 24 / 7 brand access at fleetfeet.com, each Fleet Feet location serves walkers, runners and fitness enthusiasts based on the belief that RUNNING CHANGES EVERYTHING. "Ben and I have a strong relationship, similar philosophies and have enjoyed many conversations over the past decade about the industry. 2022 CBS Broadcasting Inc. All Rights Reserved. Click here to subscribe an updated version of the calendar displaying the footwear trade shows. I am so excited to tap into and honor that rich culture and legacy as we move Marathon Sports ahead for the next 40 years and beyond.". I've found exactly what you hope for when you sell a business you care deeply about," said Peddie. Please fill out this field with valid email address. This investment is a, The New-England-based retailer will remain a, Jul 24-Jul 25, 2022 | San Francisco, United States, Jul 27-Jul 28, 2022 | Chicago, United States, Jul 27-Jul 27, 2022 | Chicago, United States, Jul 31-Aug 1, 2022 | Kentucky, United States, Jul 24-Jul 25, 2022 | San Francisco - United States, Jul 26-Jul 28, 2022 | Medellin - Colombia, Jul 27-Jul 30, 2022 | Ho Chi Minh City - Vietnam, Jul 27-Jul 28, 2022 | Chicago - United States, Jul 27-Jul 27, 2022 | Chicago - United States, Jul 29-Aug 1, 2022 | Melbourne - Australia, Jul 31-Aug 1, 2022 | Kentucky - United States, Aug 1-Aug 5, 2022 | New York - United States, Aug 2-Aug 4, 2022 | San Diego - United States, Subscribe the World Footwear weekly newsletter, Genesco appoints Gregory A. Sandfort lead independent Director, Angela Ogbechie is Deckers new Chief Supply Chain Officer, US: high levels of inventory worry retailers, Gap and Athleta invest in the footwear and apparel start-up Saysh, Vietnam Saigon Fabric & Garment Accessories Expo, Federation of Worldwide Chambers of Exporters and Importers. The nations largest franchisor of locally owned and operated running stores will acquire New England-based Marathon Sports. Powered by
All Rights Reserved.FN and Footwear News are registered trademarks of Fairchild Publishing, LLC. This investment is a new step for Fleet Feet, with the goal of preserving the legacy and identity of the Marathon Sports brand in New England, saidJoey Pointer, CEO, and president of Fleet Feet, which has more than 250 stores in 40 states and is based inCarrboro, N.C. We are confident in a seamless transition during the acquisition and look forward to working with, and growing alongside, the entire team of Marathon Sports brands.". Fleet Feet operates more than 250 stores. Reach out today for a quick quote! Top subscription boxes right to your door, 1996-2022, Amazon.com, Inc. or its affiliates. Price and other details may vary based on product size and color. "When presented with an opportunity to become a part of this iconic running brand and retailer, we knew we wanted to be involved. Although this is the latest acquisition, its not the only major move made by Fleet Feet as of late. Current Marathon Sports owners Colin and Penny Peddie are retiring, and the business will be acquired by Fleet Feet, a franchisor of running stores headquartered in North Carolina.
Crocker Park developer puts Stark Enterprises in the hands of his son, Wayfair begins brick-and-mortar expansion. Weve Been Using Marathon For Years For Custom Printed T-Shirts And Hoodies For Our School. 2022 CBS Broadcasting Inc. All Rights Reserved. The store will not work correctly in the case when cookies are disabled. Footwear News is a part of Penske Media Corporation. / CBS Boston. Under the terms of the agreement, Marathon Sports will remain a wholly-owned subsidiary and operate as a separate entity under the Marathon Sports, soundRUNNER and Runner's Alley names. Fleet Feet is expanding its footprint in New England. In 2013, Marathon Sports purchased Connecticut-based running retailer soundRUNNER and its four locations, and two years later purchased Runner's Alley, a three-door running retailer based in New Hampshire. Sustainable, footwear protection technology company, IMBOX Protection, is bringing its in-store service to the U.S. market for increased foot traffic and basket size with a new revenue stream. WALTHAM - Marathon Sports, the Waltham-based running gear store that has 11 locations in Massachusetts, is being bought by an out-of-state company. Want to read more articles like this one? We partner with many charitable and nonprofit groups, including Special Olympics Chicago and Special Childrens Charities. WordPress.com VIP. I am so excited to tap into and honor that rich culture and legacy as we move Marathon Sports ahead for the next 40 years and beyond.. The Owners Are The Best!! JackRabbit, originally called the Running Specialty Group, from affiliates of CriticalPoint Capital. It coincides with the retirement of Marathon Sports ownersColin and Penny Peddie. Founded in 1976, Fleet Feet is the largest franchisor of locally owned and operated run specialty stores with more than 250 locations in 40 states and a national headquarters in Carrboro, N.C. The transaction, which includes Marathon Sports' e-commerce business, is expected to close this July and coincide with the retirement of current Marathon Sports owners Colin and Penny Peddie. "I've found exactly what you hope for when you sell a business you care deeply about," says Peddie.
We remain grateful to Colin for entrusting us to continue his life's work, and we wish him the best with his well-deserved retirement.". Run specialty retail leader to acquire regional powerhouse Marathon Sports as a wholly-owned subsidiary. In November 2021, Fleet Feet announced plans to acquire JackRabbit, originally called the Running Specialty Group, from affiliates of CriticalPoint Capital. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Stay inspired, motivated and connected at Fleet Feet. Founded as a single store in Cambridge, Mass., in 1975, Marathon Sports has grown to include 11 total Marathon Sports locations across the state and a robust e-commerce presence. Whether youre looking for 10 prints or 10,000, our scalable products are delivered with your company in mind. delivered to your inbox, The US franchisor of locally owned and operated running stores announced that it will acquire the New England-based running retailer Marathon Sports and its soundRunner and Runner's Alley brands, "When presented with an opportunity to become a part of this iconic running brand and retailer, we knew we wanted to be involved. The brand operates Runner's Alley, Sound Runner, and Marathon Sports. I know both Ben and Fleet Feet will honor the tradition of Marathon Sports, continue to support the communities where our stores are located, and leverage the strong team and culture we have developed in our organization. Terms of the deal were not disclosed. TriggerPoint Foam Massage Ball for Deep-Tissue Massage, FREE Shipping on orders over $25 shipped by Amazon, Balega unisex-adult Hidden Comfort No-show Running Socks for Men and Women (1 Pair), TriggerPoint MobiPoint Textured Massage Ball for Targeted Foot Pain Relief, (2-Inch), TriggerPoint AcuCurve Massage Cane for Neck, Back and Shoulders, Gray/Orange, Balega Blister Resist No Show Socks For Men and Women (1 Pair), TriggerPoint CORE Foam Roller in 12", 18", 36" for Muscle Recovery, Exercise, Massage, Deep Tissue, Balega Silver No-Show Compression-Fit Running Socks for Men and Women (1 Pair), TriggerPoint GRID Foam Roller for Exercise, Deep Tissue Massage and Muscle Recovery, Original (13-Inch), Trigger Point Performance Handheld Massage Roller Ball, Green/Grey, One Size, Brooks Women's Glycerin 19 Neutral Running Shoe, TriggerPoint GRID Foam Roller for Exercise, Deep Tissue Massage and Muscle Recovery, 2.0 (26-Inch), Brooks Women's Glycerin GTS 19 Supportive Running Shoe (Transcend), Saucony Women's Peregrine 11 Trail Running Shoe, Brooks Men's Ghost 14 Neutral Running Shoe. Other Sports (Basketball, Football, Tennis). Cooke most recently was VP of business development and flagship retail for Fleet Feet. I know both Ben and Fleet Feet will honor the tradition of Marathon Sports, continue to support the communities where our stores are located, and leverage the strong team and culture we have developed in our organization.".
I Would Highly Recommend Their Company..
"For over 40 years, Marathon Sports and the communities it serves have established deep running roots. For the best experience on our site, be sure to turn on Javascript in your browser. Best Prices And Quality!!!!
Marathon Sports' leadership team will remain unchanged and continue operations out of its Waltham, Mass., headquarters. For the best experience on our site, be sure to turn on Javascript in your browser. For example, in November 2021, Fleet Feet agreed to acquire JackRabbit from affiliates of CriticalPoint Capital. Fleet Feet said the transaction is expected to close this July, which coincides with the retirement of Colin and Penny Peddie, the owners of Marathon Sports. Get regular updates on your inbox: Subscribe the World Footwear weekly newsletter. The speciality run retailer announced the acquisition today, which also includes a pair of Marathon banners SoundRunner and Runners Alley and the Marathon e-commerce business.
When presented with an opportunity to become a part of this iconic running brand and retailer, we knew we wanted to be involved. In 2013, the company purchased Connecticut-based running retailer soundRunner and its four locations, and two years later purchased Runner's Alley, a three-door retailer based in New Hampshire. All rights reserved. Marathon Sports began in Cambridge in 1975, and also operates the Runner's Alley and Sound Runner brands.
"For over 40 years, Marathon Sports and the communities it serves have established deep running roots, said Cooke. Marathon Sports stores will continue to use the current store name for branding and community outreach. We have printed race apparel for thousands of events over the years, including The Chicago Marathon and Shamrock Shuffle. First published on June 17, 2022 / 12:26 PM. CARRBORO, N.C., June 16, 2022 /PRNewswire/ --Fleet Feet, the largest franchisor of locally owned and operated running stores, announced today that it has agreed to acquire New England-based running retailer Marathon Sports and its soundRunner and Runner's Alleybrands. When typing in this field, a list of search results will appear and be automatically updated as you type. Subscribe Marathon Sports e-Newsletter for free to receive latest promotions & product information provided by Marathon Sports. Customers may not notice any big changes. Previously, he served as general manager of the former Princeton Running Company and as VP of operations for Running Specialty Group. After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in. The financial terms of the deal, which includes Marathon's e-commerce business, were not disclosed. Marathon Sports, according to Fleet Feet, will remain a wholly-owned subsidiary and continue operating as a separate entity under the Marathon Sports, SoundRunner and Runners Alley names. For over 30 years, Marathon has provided customized printing services for local events, professional sports teams, and everything in between in the Chicagoland area. For over 40 years, Marathon Sports and the communities it serves have established deep running roots. Footwear News is a part of Penske Media Corporation. With cutting-edge technology and a dedicated staff, Marathon has worked with renowned apparel providers like Nike, Hanes, and American Apparel to deliver custom-designed prints with a quick turnaround. We are contracted to produce hundreds of thousands of items annually for the NCAA, NFL, NBA, NHL, and MLB. Fleet Feet CEO Joey Pointer said he has a goal of "preserving the legacy and identity of the Marathon Sports brand in New England.". Industry veteran Ben Cooke will succeed Peddie as president of Marathon Sports. June 17, 2022 / 12:26 PM The transaction includedall JackRabbit brick-and-mortar locations, which spans 15 states, as well as theJackrabbit.com e-commerce business. The CBS Boston team is a group of experienced journalists who bring you the content on CBSBoston.com. Get the World Footwear news Please enter valid email address to continue. Each location will continue to use its current store name in all branding, marketing and community outreach efforts. This investment is a new step for Fleet Feet, with the goal of preserving the legacy and identity of the Marathon Sports brand in New England. Marathon has been designing and printing in the Chicagoland area for over 30 years. I am so excited to tap into and honor that rich culture and legacy as we move Marathon Sports ahead for the next 40 years and beyond.". Get the World Footwear newsdelivered to your inbox: A study reflecting on the main global consumer trends and the key changes for the footwear industry. The transaction is expected to close this July. This investment is a new step for Fleet Feet, with the goal of preserving the legacy and identity of the Marathon Sports brand in New England.. All Rights Reserved. JavaScript seems to be disabled in your browser. !, The Marathon Sportswear Team Has Been Attentive To Our Needs In The Non-Profit Area, And We Consider Them A Valuable Business Partner. "Ben and I have a strong relationship, similar philosophies and have enjoyed many conversations over the past decade about the industry. Headquartered in Waltham, Massachusetts, Marathon Sports is a regional omnichannel specialty running retailer in the United States focused on delivering products and solutions that serve the needs of the active and running community. We are confident in a seamless transition during the acquisition and look forward to working with, and growing alongside, the entire team of Marathon Sports brands. Industry veteranBen Cookewill succeed Peddie as president of Marathon Sports. They Have Quick Turnaround, Great Service, And Terrific Pricing., Perfect! 2022 Fairchild Publishing, LLC. "Since becoming owner of Marathon Sports in 1992, Colin has become an extremely influential industry leader and has built an incredible team and organization," said Joey Pointer, CEO, and President of Fleet Feet. In addition, the companys leadership team will remain unchanged and operations will continue out of itsWaltham, Mass., headquarters. Per the deal, Marathon Sports will remain a wholly-owned subsidiary and continue operating as a separate entity under the Marathon Sports, soundRUNNER and Runner's Alley names, respectively. Fleet Feet has agreed to acquire running retailer Marathon Sports. Cision Distribution 888-776-0942 Colin, Penny and their entire team are a testament to what a committed group of individuals can do through running and serving communities, and I feel so fortunate to have the opportunity to build on Colins legacy with a supremely talented staff across 18 stores, Cooke said in a statement. Register as new member to get a HK$100 Coupon. A seasoned executive with over 20 years of experience, Cooke has served as general manager of the former Princeton Running Company, the vice president of operations for Running Specialty Group and most recently held the title of vice president of business development and flagship retail for Fleet Feet. Get browser notifications for breaking news, live events, and exclusive reporting. The nations largest franchisor of locally owned and operated running stores will acquire New England-based Marathon Sports,which operates stores under the Marathon, soundRunner, and Runners Alley banners. 2022 Fairchild Publishing, LLC. Financial details will not be disclosed.
Copyright 2022 Swire Resources Limited. Since becoming owner of Marathon Sports in 1992, Colin has become an extremely influential industry leader and has built an incredible team and organization, Fleet Feet president and CEO Joey Pointer said in a statement. Also, the Marathon Sports leadership team will remain unchanged and continue to run the business from its Waltham, Mass., headquarters.