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Old 08-31-2018, 07:38 AM
 
21,430 posts, read 7,482,037 times
Reputation: 13233

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Quote:
Originally Posted by 1AngryTaxPayer View Post
https://www.foxbusiness.com/retail/d...r-weak-results

Their five year history shows they are on life support. Great move guys. Maybe try and sell more yoga pants?

SPORTING GOODS means stuff like out of doors hunting, fishing, shooting, camping not yoga mats. Oh well.
I didn't think that firearms were a major part of their business, relatively speaking.

There is a Dick's Sporting Goods very close and accessible to my community, but everyone around here has always seemed to go to Walmart, Rural King or the local gun range for their toys.

I am going out on a limb here, but I would assume internet shopping (Ebay / Amazon, etc.) for the full range of their offerings is hurting this retail chain as much as it has hurt all of the other brick and mortar stores, and that is the real issue.
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Old 08-31-2018, 07:40 AM
 
Location: Pacific Beach/San Diego
4,750 posts, read 3,574,785 times
Reputation: 4614
There's already an extensive thread on this.

ALL brick-and-mortar sporting goods companies are hemorrhaging money in trying to compete with Amazon. Sports Authority ceased operations in 2016 after 88 years of operations; they shuttered with 463 locations. Sports Chalet also closed in 2016 after 57 years of operation.

Having declining sales is what every general sporting goods company has gone through, whether they had guns, never had guns, or changed their policy on guns.
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Old 08-31-2018, 07:47 AM
 
46,328 posts, read 27,186,529 times
Reputation: 11143
Quote:
Originally Posted by TristramShandy View Post
There's already an extensive thread on this.

ALL brick-and-mortar sporting goods companies are hemorrhaging money in trying to compete with Amazon. Sports Authority ceased operations in 2016 after 88 years of operations; they shuttered with 463 locations. Sports Chalet also closed in 2016 after 57 years of operation.

Having declining sales is what every general sporting goods company has gone through, whether they had guns, never had guns, or changed their policy on guns.


And as I said before, in the other thread, Sports Authority/Chalet is NOT going out of business because of Amazon.....read the article I posted....
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Old 08-31-2018, 07:50 AM
 
Location: Stasis
15,823 posts, read 12,489,282 times
Reputation: 8599
Fashion trends are changing, Sports apparel sales are declining and manufacturers and retailers who rely on them are hurting,
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Old 08-31-2018, 07:51 AM
 
46,328 posts, read 27,186,529 times
Reputation: 11143
Quote:
Sports Authority and Sport Chalet, with a combined 59 stores in the region, will both be shut and liquidated through their respective owners’ bankruptcies because shoppers no longer want sporting-goods chains that offer a little bit of everything.

https://www.ocregister.com/2016/05/0...rts-authority/


https://money.cnn.com/2018/03/15/new...ame/index.html


^^^Don't blame Amazon
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Old 08-31-2018, 09:40 AM
 
Location: Florida
7,795 posts, read 6,414,743 times
Reputation: 15846
Aidios.
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Old 08-31-2018, 09:46 AM
 
Location: San Diego
50,479 posts, read 47,219,800 times
Reputation: 34132
Quote:
Originally Posted by Hesychios View Post
I didn't think that firearms were a major part of their business, relatively speaking.

There is a Dick's Sporting Goods very close and accessible to my community, but everyone around here has always seemed to go to Walmart, Rural King or the local gun range for their toys.

I am going out on a limb here, but I would assume internet shopping (Ebay / Amazon, etc.) for the full range of their offerings is hurting this retail chain as much as it has hurt all of the other brick and mortar stores, and that is the real issue.
Amazon and Ebay don't sell firearms or ammo etc.
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