Monday, May 2, 2016

Why Sports Authority Is Likely to Close All 463 Stores

Image result for sports authority Hard as it is to believe, a decade ago Dick’s and Sports Authority were about even in size, each with annual sales of about $3 billion. But in the years since, Dick’s has pulled way ahead, thanks to better in-store presentation and tech in stores.

Adding to the pressure, sporting goods retailers in general are having a lot more trouble competing with the Amazon’s of the world, meaning consolidation and an overall reduction of stores is in the offing. . . . more

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