Forzani Group (FGL.TO) plans to open more than 25 new stores this year as the country’s biggest sporting goods retailer takes advantage of a weak economy and an increase in available property.
Calgary-based Forzani, whose banners include Sport Chek, Sports Experts and Coast Mountain Sports, said on Wednesday it had earmarked about C$30 million to C$35 million for capital expenditures in its 2010 fiscal year, mostly for the store openings.