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Play It Again Sports company history timeline

1985

The chain had been started by local retailers Dennis and Lynn Blum in 1985.

1988

Financial success and customer feedback told Morris the idea could work elsewhere, so in mid-1988 she went to a franchise development consulting firm for help.

Olson was left to run the day-to-day business of the consulting firm, while Dahlberg reconciled with his father and returned to lead the hearing-aid business in 1988.

1991

By the end of 1991, 134 Play It Again Sports franchise stores were open in 41 states and Canada.

1992

The Minneapolis Star Tribune for March 8, 1992, Dick Youngblood wrote, "Her instincts were bull's-eye accurate.

1993

McCartney, Jim, "Play It Again Sports Franchiser Expands," St Paul Pioneer Press , May 6, 1993.

Also in 1993, the company purchased assets of Hi Tech Consignments, a musical instrument and audio equipment retailer (renamed Music Go Round) and Computer Renaissance, Inc., a retailer of close-out and used computers.

1994

During 1994, the company began individualizing concept support and leadership.

1995

By year-end 1995, a total of 1,311 franchises had been awarded: 965 stores were open, including 57 stores in Canada, eight in Europe, and one in Australia.

1998

In 1998, a new franchise concept, ReTool, was launched.

1999

A former partner in Winthrop Leasing, Morgan had sold his company and retired in 1999.

2001

In 2001, Grow Biz was renamed Winmark Corporation.

With the closing of stores that were not performing, the company saw a profit of $3.2 million in 2001.

2002

Daniel, Fran, "Greensboro, N.C., Couple Finds Success in Retail-Resale Chains," Winston-Salem Journal (Winston-Salem, North Carolina), August 21, 2002.

2004

By early 2004, Winmark owned nearly 20 percent of the company's stock.

2005

The rapidly growing company began with Play It Again Sports, which is ranked among the largest sporting-goods chains in the United States, with 410 stores in 2005.

By 2005, there were over 130 Plato's Closet stores in operation.

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Founded
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Headquarters
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Play It Again Sports competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Build-A-Bear Workshop1997$338.5M5,64383
Great Outdoor Provision Co.1972$4.6M100-
Overland Sheepskin Co.1973$16.0M125-
Pro Image Sports1985$2.3M25-
Reeds Jewelers1946$4.2M61233
Learning Express Toys1987$1.1M15-
City Sports1983$120,000750-
Jocks Nitch Sporting Goods-$8.8M50-
Dooney & Bourke1975$40.0M300-
Reebok1979$2.3B9,10244

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Play It Again Sports may also be known as or be related to Play It Again Sports, Play It Again Sports And Fitness and Play It Again Sports and Fitness.