History
Sport Chalet was founded on April 1, 1959 by Norbert Olberz and his wife Irene, who bought a ski and tennis shop in La Cañada Flintridge, California. To initially stock the store with ski gear, the couple took out a $5,000 loan and borrowed money from a relative and some employees.
Early on, Sport Chalet stocked products that few other stores sold, such as scuba and mountain-climbing gear. When surfing became popular in the early 1960s, the store began carrying longboards and wetsuits.
Sport Chalet grew piecemeal in La Cañada along Foothill Boulevard. Olberz converted a former grocery store into a full-line sporting goods store and an old furniture store became the ski shop. He also converted a gas station into a ski rental shop and opened a golf store down the street. Sport Chalet's location is about one block southeast of the intersection with Angeles Crest Highway, a major route into the San Gabriel Mountains.
The company opened its second store in 1981 in Huntington Beach, CA. By the mid-1980s, the company had expanded to have stores throughout Southern California. Sport Chalet has been publicly traded on the NASDAQ exchange since 1992.
Norbert Olberz died in La Cañada Flintridge on 15 July 2011.
Read more about this topic: Sport Chalet
Famous quotes containing the word history:
“The history of modern art is also the history of the progressive loss of art’s audience. Art has increasingly become the concern of the artist and the bafflement of the public.”
—Henry Geldzahler (1935–1994)
“When we of the so-called better classes are scared as men were never scared in history at material ugliness and hardship; when we put off marriage until our house can be artistic, and quake at the thought of having a child without a bank-account and doomed to manual labor, it is time for thinking men to protest against so unmanly and irreligious a state of opinion.”
—William James (1842–1910)
“Perhaps universal history is the history of the diverse intonation of some metaphors.”
—Jorge Luis Borges (1899–1986)