the industry HUNKERS DOWN

Ryan, Thomas J.
January 2009
SGB;Jan2009, Vol. 42 Issue 1, p22
Trade Publication
The article reports on the impact of the global financial crisis on the sporting goods industry. It mentions that a lack of credit availability is expected to force many vendors and retailers to preserve cash flow to avoid landing in bankruptcy court. According to Dick Heckman, chairman and chief executive officer of Heckmann Corp., the credit crisis is affecting everybody, from the consumer to the manufacturer.


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