Let’s take a moment to pay our respects to the dearly departed sporting good stores who have passed on in recent years: Sports Authority, Gander Mountain, Eastern Mountain Sports, Sport Chalet, Golfsmith and we’re probably missing a few. Dick’s Sporting Goods has fed on the bones of some of its former competitors, taking over their locations and inventory, but it still needs a plan to stave off the doom that consumed so many of its competitors. [More]
turning it around
Nordstrom Now Facing Same Sales Slump, Challenges As Other Mall Retailers
Over the past year, a number of onetime mall behemoths — Macy’s, Sears, and other retailers — have suffered slipping sales that have led to store closures. While these mid-range department stores have working for years to increase sales and meet customer demand, many high-end retailers – like Nordstrom — have avoided that fate, at least until now. [More]