Sports Authority (NYSE:TSA)
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From May 2019 to May 2024
Sports Authority, Inc. (NYSE: TSA), one of the nation's
largest full-line sporting goods retailers, today announced it will
support relief efforts for victims of Hurricane Katrina by
establishing a mechanism for customers to make contributions at its
nationwide network of stores and by matching a portion of those
contributions.
Beginning on September 3 at its annual Labor Day Weekend SNIAGRAB
winter sports sale in Denver, CO, customers will be encouraged to
support the relief effort and be given the opportunity to add a
contribution on to their total bill. Sports Authority will segregate
the contributions and match a portion of the proceeds, which will be
donated to the American Red Cross. The company intends to expand the
program across the United States beginning next week.
Sports Authority, operating under The Sports Authority(R), Gart
Sports(R), Sportmart(R) and Oshman's(R) names, has three stores in New
Orleans, all of which have been closed, and more than 60 employees.
The company is in the process of attempting to contact these employees
to confirm their whereabouts and their safety.
"The devastation in New Orleans is staggering and we are deeply
concerned for our employees and all the residents of this area
affected by Hurricane Katrina," said Doug Morton, CEO of Sports
Authority. "We are committed to helping the relief effort in any way
we are able to and we encourage our customers to contribute as they
deem appropriate. We are heartened by the support given across the
country in the wake of this natural disaster and we commend the
efforts of all companies and organizations that are providing
assistance in one way or another to assist the victims in this
tragedy."