Turners Sold!

[RaceDay]

[SCMA-1]

Turner's Outdoorsmans- Chain Has Been Sold!

Just received this email notice:


Turner’s Outdoorsman is purchased; will be run by its former operations manager



O N T A R I O — T u r n e r ’ s Outdoorsman, a 13-store chain of retail stores in Southern California specializing in firearms, hunting, and fishing gear, was purchased Monday (June 8, 2009) by four investors.



The investors include one name very familiar to Turner’s insiders, Gene Lumsden, who currently lives in Reno, Nevada. The new owners also include John and David Fuller from Australia and the Sporting Goods Fund, a sporting goods group out of the United Kingdom.



Lumsden, who was formerly vice president and operations manager of Turner’s when it was still owned by Shirley Andrews, will become the president and chief executive officer of the firearms chain.



The amount of the sale was undisclosed, but the new partnership now owns the controlling interest in the company and will be taking over day-to-day management immediately.



Lumsden, the Fuller brothers, and the Sporting Goods Fund are also currently partners in the ownership of Legacy Sports International, a firearms importing business in Reno, Nev., that brings sporting rifles, shotguns, handguns and optics into this country. Legacy Sports has made the Howa bolt action rifle, Puma lever-action rifle, and Escort shotgun lines well-known across the country through aggressive marketing and advertising campaigns and competitive pricing.



The Fuller brothers have been in the outdoor sporting goods and firearms distribution business in Australia, New Zealand, the United Kingdom, and South Africa, running a company started by their father over 50 years ago.



Turner’s Outdoorsman started business in 1971 as Andrews’ Sporting Goods with a single store in Long Beach, and grew to become the largest seller of handguns in California and one of the most respected firearm and fishing tackle retailers in the nation under the leadership of Shirley Andrews. Andrews sold the company in 2005 to an investment group from outside the industry, almost four years ago to the day of Monday’s sale.



Turner’s Outdoorsman languished under the new management and was rumored to be flirting with bankruptcy. But Lumsden said all that is changing as of this week.



“Finally there are people back in charge who know and love this business,” said Lumsden, who ran Turner’s from 2001 to 2004, some of the company’s most profitable years. Lumsden, a California native who was inducted into the California Trapshooting Hall of Fame in 2005, said the new controlling owners, are all avid outdoorsmen. “And many of the people who were here at Turner’s during its successful past will be here for its future, making this company very viable and helping it move forward.”



Lumsden said that Turner’s Bryan Harris will become vice-president of the company and continue to direct buying, purchasing, and vendor relations, and that Bill Ortiz will stay as director of store operations overseeing personnel.



“Knowing Turner’s reputation and the company Shirley had built, and seeing the potential, we’re looking forward to building and moving forward from where it was in 2005,” said Lumsden



Turner’s Outdoorsman has retail stores in Chino, Corona, Fountain Valley, Kearny Mesa, Norwalk, Orange, Pasadena, Redondo Beach, Reseda, San Bernardino, San Marcos, Signal Hill, West Covina, and its corporate office is located in Ontario



[FOR MORE INFORMATION: Contact Turner’s Outdoorsman in Ontario at 909-923-3009.]

[ohsmily]

New owners. Same store (for now). Doesn't look like they are closing any locations. Looks like they might be planning to expand.

No bankruptcy.

[ohsmily]

New owners. Same store (for now). Doesn't look like they are closing any locations. From the article, it looks like they might be planning to expand.

No bankruptcy.

[glockman19]

Good News.

Now maybe they will have more product and better selection. I also look forward to them reversing policy on FFL transfers.

[hoozaru]

hopefully more reasonable prices

[Frijolito1988]

Who knows maybe new policies, imagine off list friendly turners

[TaxAnnihilator]

It is probable that the new (old) guard will be better able to negotiate with vendors and pass the savings along to us, especially as they attempt to expand their customer base. That being said, anyone recall the competitiveness of pricing when this group was previously involved?

[trinydex]

http://www.calguns.net/calgunforum/showthread.php?t=193096

best start merging threads

[lowprofile]

This email is making the rounds but nobody ever cites a source. Is there confirmation? Google didn't find a story.

It's on their website:

http://www.turners.com/engage/events_purchase.html

[Saigon1965]

Good luck to the new owners - I wish them success -

[ojisan]

Yes, best to have them stay alive.
I have never had a problem with Turner's (famous last words?).
Yes, good luck to the new owners.

[maschronic]

i hope everything works out for them!! i like going to turners.

[n2k]

I was at Pasadena last night, talked to the managers for a while...not a peep.

Good for them.....I hope they keep up the weekly adverts.

[gumby]

Good news, gun people incharge again.