Ski Market started in Wellesley, Mass., where Bob Ferguson opened St. Moritz Sports in 1958. After thirteen years of business, Ferguson partnered with Tom Richardson and opened the first Ski Market on Commonwealth Avenue in Boston. Ski Market fulfilled the market's desire for a discount ski shop since, in 1971, high-end specialty shops were the only place to buy skis and ski equipment. To diversify themselves even more, Ski Market owners added bikes to their store to capitalize on the height of the 10-speed craze.
The ski industry icon filed for Chapter 11 bankruptcy protection in December immediately after the Christmas shopping season. The company was sold last Friday to Gordon Brothers Group, a restructuring and advisory firm that is liquidating the retailer’s remaining assets by the end of March, and closing its last seven locations.
"We would like to express our appreciation to all of our loyal customers for their many years of patronage," said Andrew Ferguson, President of Ski Market. "As a thank you, we are offering skiers and snowboarders an opportunity to partake in incredible deals with discounts starting at 20-40% off everything in our stores just in time for the long President's Day weekend."
Customers can find savings on a wide selection of Volkl, Dynastar and Rossignol ski equipment and Burton, K2 and Ride snowboards. All stores also have a wide selection of Scott and Marin road, mountain and urban bikes and car racks.
Ski Market's going-out-of business sale will continue until all inventory is sold.
"The closing of this iconic New England retailer will mark the end of an era. All merchandise is marked down significantly so we won't be surprised to see it sell out very quickly," stated Tim Shilling, Director at Gordon Brothers Group.
