MC Sports: Difference between revisions

MC Sports
Company type	Private
Industry	Retail
Founded	1946 (78 years ago) as Michigan Clothiers; 1987; 37 years ago as MC Sports (Grand Rapids)
Defunct	June 2017 (7 years ago)
Fate	Chapter 7 bankruptcy; Liquidation sale
Headquarters	3070 Shaffer SE; Grand Rapids, MI 49512
Number of locations	0 (as of June 2017)
Key people	Bruce Ullery, President & CEO ; Genevieve & Jack Finkelstein (Founders)
Products	Apparel, sports equipment, footwear, exercise equipment
Website	Archived official website at the Wayback Machine (archive index)

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MC Sports store, Oak Valley SC, Ann Arbor, MI

MC Sports was an American retail sporting goods chain. Founded in Grand Rapids, Michigan in 1946, the chain operated 75 stores in the Midwestern United States^[1] before permanently closing in 2017 after filing for bankruptcy.

History

MC Sports began in 1946 as Michigan Clothiers in Grand Rapids, Michigan. At this time, men's clothing had shared the shelving spaces with military surplus items. It was founded by Jack and Genevieve Finkelstein and later run by their three sons, Ed, Raleigh and Mort Finkelstein.

MC Sports switched its focus from clothing to sports equipment, footwear and apparel. In 1987, MC Sports accelerated its expansion through the acquisition of Morrie Mages' Sports, a three-store chain located in the Chicago area. A year later, Browns Sporting Goods was acquired adding 19 stores to its portfolio.^[2]

MC Sports had over 75 locations in Michigan, Ohio, Illinois, Indiana, Wisconsin, Missouri, and Iowa. Amid competition from chains such as Sports Authority, MC Sports still retained a vast majority of their locations until the company's ultimate demise. At the time of its closure, the company was ranked as the 75th-largest retailer of sporting goods in the United States.^[3]

Charitable contributions

Every May, MC Sports promoted Miracle May; a month dedicated to helping charities within MC Sports communities. Each week in the month of May, a specific vendor item was advertised. Portions of these sales, and the proceeds from sponsorships and other business were donated to the Children's Miracle Network for each featured item.^[4]

Bankruptcy

The company announced that it would file for Chapter 11 bankruptcy in February 2017. It was ultimately converted to Chapter 7 liquidation. This plan was approved on February 16, and going-out-of-business sales at all 68 remaining stores began immediately thereafter.^[5]^[6] All stores closed by June 2017.

References

^ "MC Sports Opening in East Peoria - CIProud". Archived from the original on 2013-10-04. Retrieved 2013-10-03.
^ "About Us | MC Sports". Archived from the original on 2013-10-04. Retrieved 2013-10-03.
^ "Dick's Sporting Goods poised to open near Jordan Creek | the des Moin…". www.desmoinesregister.com. Archived from the original on 3 October 2013. Retrieved 22 May 2022.
^ MC Sports Corporate Web Site Archived 2006-10-17 at the Wayback Machine
^ "MC Sports files for bankruptcy". 14 February 2017.
^ "MC Sports to close all stores". 17 February 2017.

External links

Official website (Archive)

[1] "MC Sports Opening in East Peoria - CIProud". Archived from the original on 2013-10-04. Retrieved 2013-10-03.

[about-us-2] "About Us | MC Sports". Archived from the original on 2013-10-04. Retrieved 2013-10-03.

[3] "Dick's Sporting Goods poised to open near Jordan Creek | the des Moin…". www.desmoinesregister.com. Archived from the original on 3 October 2013. Retrieved 22 May 2022.

[4] MC Sports Corporate Web Site Archived 2006-10-17 at the Wayback Machine

[5] "MC Sports files for bankruptcy". 14 February 2017.

[6] "MC Sports to close all stores". 17 February 2017.

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@@ Line 6: / Line 6: @@
 | key_people     = Bruce Ullery, [[President (corporate title)|President]] & [[Chief Executive Officer|CEO]] <br />'''Genevieve & Jack Finkelstein''' <small>([[Entrepreneur|Founders]])</small>
 | location       = 3070 Shaffer SE<br /> Grand Rapids, MI 49512
-| locations      = 0 (as of early 2017)
+| locations      = 0 (as of June 2017)
 | founded        = {{start date and age|1946|p=y}} <small>as Michigan Clothiers</small><br />{{start date and age|1987}} <small>as MC Sports</small> ([[Grand Rapids, Michigan|Grand Rapids]])
-| defunct        = {{end date and age|2017|2|16|p=y}}
+| defunct        = {{end date and age|2017|6|p=y}}
 | fate           = [[Chapter 7, Title 11, United States Code|Chapter 7 bankruptcy]]<br />[[Liquidation|Liquidation sale]]
 | industry       = [[Retail]]