The Forzani Group Ltd./Le Groupe Forzani Ltee
TSX : FGL

The Forzani Group Ltd./Le Groupe Forzani Ltee

November 09, 2006 18:36 ET

Forzani Announces Roll Out of Its Hockey Specialty Banner

CALGARY, ALBERTA--(CCNMatthews - Nov. 9, 2006) - The Forzani Group Ltd. (TSX:FGL) today announced the decision to roll out nationally its hockey specialty banner concept which was very successfully piloted under the Hockey Experts name in Quebec. The hockey specialty banner will eventually cover the entire country, with openings slated for next year.

"The addition of a hockey specialty business, and all of the expert knowledge, service, captive labels and product breadth it entails, is a logical extension for The Forzani Group", said Bob Sartor, CEO, "This banner will benefit from our company's deep hockey expertise and existing strong buying power in the category as we already have the largest market share in this category in Canada". In addition to a hockey specialty business, The Forzani Group also has specialty golf and fitness retailing concepts. "We see specialty sports retailing concepts as the perfect complements to our existing general sporting goods concepts, such as Sport Chek and Sport Experts, as they broaden our reach, while leveraging our existing buying, marketing and real estate capabilities", said Sartor.

The Forzani Group Ltd. is Canada's largest national retailer of sporting goods, offering a comprehensive assortment of brand-name and private-brand products, operating stores from coast to coast, under the corporate banners: Sport Chek, Coast Mountain Sports, Sport Mart, and National Sports. The Forzani Group is also a franchisor under the banners: Sports Experts, Intersport, RnR, Econosports, Atmosphere, Pegasus, Tech Shop, Nevada Bob's Golf, Hockey Experts and The Fitness Source. The Company also has websites for several of its corporate and franchise banners which can be accessed through its main website at www.forzanigroup.com.

The foregoing information may contain forward-looking statements relating to the future performance of The Forzani Group Ltd. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially. The Company, with the appropriate securities commissions, details these risks and uncertainties from time to time.




Contact Information

  • The Forzani Group Ltd.
    Bob Sartor, C.A.
    Chief Executive Officer
    (403) 717-1342
    Website: www. forzanigroup.com