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The History of Tidewater Sports
by Sandy Everett, CEO of TSC
Tidewater Sports & Collectibles
was born out of a passion to collect and find sports beanies during the Beanie
Babie craze of the late 1990's. My sister, LeAnn, got me involved in helping
her collect Ty Beanies. Now, I know you might think it is weird for a dude to
collect beanies, but I am one of those types with a "collecting" personality, so
it was easy for me to get sucked into the hysteria.
Anyway, at one of our stops one
day I saw for the first time the Salvino's Bamm Beano beanie bear (later named
Bammers) for Major League Baseball player Ken Griffey, Jr. I thought that it
was really cool, and ended up buying it. I started doing a little research and
found out that there were already two sets of the bears out (the first "Gold"
set and the second set called the "Summer" set). I contacted Salvino's and
using my business license from
National Roofing Corporation (my father's business that has been around for
over 35 years and of which I am currently Treasurer and manager of the
day-to-day operations of the office) bought a case of Bammers and a case of
Christmas themed bears from Limited Treasures.
My lovely wife, Raelee, and I
took these bears out to Bill's Flea Market in Virginia Beach on a cold, cold day
in February of 1999 and started selling our sports and "other brands" of beanies
right next to the Ty dealers, outside on the patio where you can rent a table
all day for $10.00. It was really just a way for me to get rid of the extra
sets in each case so that I could collect the sets myself. I really never
thought that we would go into business. To our surprise, they were a hit, and
since no one else was selling these particular beanies, we had found our niche
in the beanie market. We showed up every Saturday and Sunday at Bill's and
started to get regular customers and the word of mouth spread like wildfire.
Many of the beanie magazines of the time would feature these off-brand beanies,
but no one could ever find them.... until we showed up!!
As the business grew and grew,
we started doing the beanie and trading card show circuit as well as our table
at Bill's. As our inventory grew to include more and more brands like
Collecticritters, Grateful Dead bears, Planet Plush, etc., we outgrew our table
(and small Aerostar van we used to transport the product every weekend), and
decided to open a small permanent store inside Bill's Flea Market. We were open
everyday, and we had started a nice little side business.
Finally, I had the idea that we
should open a store in a local mall to test the waters and see if we could make
it work outside of the collector's shows and flea market. A small pet store
inside Chesapeake Square Mall was vacant, and the management decided to rent it
out to us. We had a LOT of work to do to get the place ready for use, but we
did it!!! The pet store had literally vacated in the middle of the night, the
day before declaring bankruptcy. They left product and dead animals behind. It
was a nasty, nasty mess. But we cleaned it up, brought in our stuff, found some
display gondolas that were being thrown away by Sears, and opened up on October
1, 1999. The journey had begun....
We opened the store, and in
preparation for the opening, we added several new product lines including NASCAR
die-cast, coffee mugs, and sports cards. We also added a limited number of fan
product pieces, but for the most part, our inventory consisted of sports and
off-brand beanies. The Christmas season of '99 was a roaring success!!! We
were literally besides ourselves. Shortly after New Year's of 2000, we closed
down the store at Bill's and concentrated our efforts on improving our store at
Chesapeake Square. Raelee did a lot of research into new companies and new
products, and slowly over the first year in the mall, we added tons of new
products to appeal to more than just the beanie collector.
We slowly added the bobbleheads,
flags, clocks, keychains, glassware, coasters, stepping stones, rugs,
autographed collectibles, pinwheels, race-used tires, etc., that we carry
today. It was a long process, but we had decided that we wanted to be unique
and not like any other store in the area. Too many of today's sports
collectible stores carry the exact same thing as the next guy, and don't offer
customers a truly unique product. That is where we step in. The other
complaint of many of the sports stores in the area is the fact that they don't
carry a large selection of teams. We try to carry as many teams as possible to
cater to our diverse area of fans. Since Hampton Roads is largely military
based, people come from all over the country to live in our area for short (or
long) periods of time. But when they move here, they don't lose their
allegiance to their favorite teams. Again, this is where we step in and try to
fill a void in the market.
In the winter of 2003, my wife
and I began discussing the possibility of opening a second store. We missed
having a presence at the beach (albeit a small one while at Bill's Flea Market),
and many of our loyal customers were driving for 30 minutes of more to reach us
at Chesapeake Square. Plus, we were starting to outgrow our small 1200 square
foot store. Our backroom was also bursting with extra product. We had starting
selling our overflow with much success on E-bay and Yahoo Auctions during 2002.
But we still had enough excess inventory (due to minimum ordering requirements
with many of our wholesalers and manufacturers) to open 2 or 3 stores!!
After doing some research and
contacting local malls, we were able to secure space at MacArthur Center Mall in
Norfolk. It is centrally located in the area, and gave our Norfolk/Virginia
Beach customers a much easier access to our store. We opened our MacArthur
store on May 15, 2003 to much fanfare. ESPN Radio 1310 did a live broadcast
there and New Orleans Saints Quarterback Aaron Brooks was there to sign
autographs. After some initial bumps in the road, the MacArthur store quickly
grew and began to outsell our established Chesapeake Square store. It has
provided an eye-opening experience for us, and allowed us to create a successful
model and blueprint for opening future stores.
Now that we had two successful
and busy stores, plus an online business that was shipping anywhere from 20 to
50 packages a day, we needed a centralized warehouse to do shipping and to have
one place to store any excess inventories. In January of 2004, we opened our
warehouse facilities to handle just that. With over 2,000 square feet of raw
warehouse space, we are able to better serve our Internet and Auction Customers,
as well as keep our stores properly stocked. It also allows Roberta to be able
to keep up on inventory much easier than before, when we kept 1/2 of our
inventory in Chesapeake Square's backroom, and the other 1/2 in MacArthur's
backroom. It was very confusing, and required almost constant communication
between the stores to try to ensure that all products are on the shelf all the
time at both locations.
In June of 2004, we moved our
MacArthur location upstairs to our permanent location next to Nordstroms. The
new location is beautiful, and the exterior of the store gave us the blueprint
for all future stores. The unique thing we did with this location is the
"autograph room". There is a small section of the store that is filled from top
to bottom with autographs and almost has the feel of a museum. Many of our
customers come in time and time again just to wander in that section of the
store and check out all the cool autographed items. But unlike a museum,
everything in that room is definitely for sale!!!
In 2004, we started a gradual,
but major shift in our business model for Tidewater Sports. The initial success
we had with signings for Aaron Brooks, Ric Flair and others made us realize that
there was a huge untapped market in Hampton Roads for autograph events. Slowly
over the course of 2004, we began to increase the frequency of our autograph
events. By the end of 2004, we had brought in sports and wrestling stars like
Dale Murphy, Kurt Angle, Ken Harvey, Rob Van Dam, and Kevin Greene. Now,
besides being known for sports collectibles, fan product, and the like, we were
fast becoming known as the place where your favorite sports or wrestling star
might be appearing. For me personally, the greatest thing about our appearances
is watching the looks on the dedicated fans when they get a chance to meet one
of their favorite athletes. I would like to think that we have helped to make a
lot of sports fans in Tidewater very happy!!
In October of 2004, we opened
our third store inside Lynnhaven Mall. The grand opening was held on October
30th and we featured a grand opening celebration with 4 former Redskins
appearing for an autograph event. Customers got to meet and hang out with Mark
Moseley, Charley Taylor, Dave Butz, and Charles Mann. It was an awesome day!!
Since then, Lynnhaven has become our "crown jewel" and is the model we will be
using for any new stores that open in the future. Freshie Reuter took over the
store after being the Assistant Manager at MacArthur, and he has done a great
job with his store.
2005 saw more growth in our
autograph business as we founded a separate division of the company called TSC
Authentics. We were fast becoming known across the country in the autographed
collectibles business, and our wholesaling and internet sales of autographed
items from our events was becoming a large part of each event. With TSC
Authentics, we are able to create a brand name that, hopefully, will one day be
on the level of Upper Deck, Steiner, Mounted Memories, and Tri-Star as a trusted
and respected name in the autographed collectibles industry.
In August of 2005, we were able
to secure a lease at Patrick Henry Mall in the new wing that was being
constructed from the former Dillard's space. After several delays and
reconfigurations by the mall, we were finally able to start construction on the
space in May of 2006. We are hoping to have the space open before the end of
June and plan on a huge grand opening celebration.
In 2008, Tidewater Sports announced that it was closing it's doors forever.
Chesapeake Square was closed first, then Patrick Henry, then MacArthur, and then
finally Lynnhaven on Dec 31, 2008. Tidewater Sports continues to operate
on the web under the direction of a Bankruptcy Trustee as we continue to
liquidate inventory to try and meet the debts to our creditors.
From the ashes of Tidewater Sports, TSC
Authentics was born on June 1st, 2009. TSC Authentics will continue to
retail and wholesale autographed collectibles that were created during the many
signings held at Tidewater Sports over the years. So who knows where this
future might lead??? So many times I have to remind myself to "never say never"
and remain open to all the possibilities ahead. Hopefully there will be
more chapters to add to the Tidewater Sports/TSC Authentics story in the
future....
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