TITLE

Ready To Rumble

AUTHOR(S)
Ryan, Thomas J.
PUB. DATE
February 2006
SOURCE
SGB;Feb2006, Vol. 39 Issue 2, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the over-expansion of outdoor gear stores in the U.S. Four outdoor chains Bass Pro Shops, Cabela's, Gander Mountain and Sportsman's Warehouse grew their store bases an average of 30 percent in 2005, on top of 25 percent growth in 2004. The outdoor expansion comes during a period of what is described by experts as rational growth"for major sporting goods and athletic footwear chains. Mark Baker, Gander Mountain's president and CEO, likewise notes that although the overall expansion drive reflects the move to consolidate a fragmented market, Gander Mountain has found growth in smaller markets such as Salisbury, Maryland and Paducah, Kentucky. Clair Gallacher, an analyst at Caris & Co., believes overall retail expansion plans were curtailed last year partly because of high oil prices and interest rate hikes, but a healthier economic scenario may fuel expansion efforts.
ACCESSION #
19797572

 

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