Competitors aren’t even waiting for Sports Authority to close its doors before trying to poach the chain’s customers. Here’s a coupon that arrived in reader Sandra’s mail last week, which manages to use the closing of Sports Authority as a draw without actually naming the retailer. [More]
academy sports
Analysts: Dick’s Could Take Over 80-180 Sports Authority Stores
By 5.9.16
How many sporting goods stores does this country really need? Two outdoors-oriented chains are reportedly considering a merger, and two companies in the sector have filed for bankruptcy protection in the last few months. Sports Chalet is shutting down, and Sports Authority stores are all closing or for sale: the buyers could be liquidators that would simply sell everything off and close down. According to a recent report by some investment analysts, though, market leader Dick’s may take over some of those stores. [More]
Why Are So Many Sporting Goods Stores Going Bankrupt?
By 4.19.16
196. That’s the number of sporting goods stores that are set to close after two retail companies filed for bankruptcy in recent weeks. While the failures of Vestis Retail Group — the operator of retailers Eastern Mountain Sports, Sport Chalet, and Bob’s — and Sports Authority were accelerated by mountains of debt both incurred in recent years, there’s more at work when it comes to the apparent demise of sporting goods retailers. [More]
