Recent bankruptcies and store closures in the retail sporting goods space have given rise to a number of gloomy theories about the state of the vertical. But the unfortunate fates of Sport Chalet and Sports Authority don’t necessarily give the whole picture, as other chains...
In yet another story of a retail darling turned bygone brand, Sports Authority announced earlier this week that it had filed for bankruptcy. The sports apparel retailer said that 140 of its 463 stores would be closed or put up for sale in the coming...
One sporting goods retailer’s bad fortune may be to a longtime competitor’s benefit. Bloomberg reports that Sports Authority — as it prepares to file for bankruptcy — is rumored to be in discussions with rival sporting goods chain Dick’s (and other companies) about purchasing the once-flourishing retailer’s...
A little healthy competition among other sports apparel retailers appears to have given Foot Locker the opening it needed to gain ground. That’s the theory that Fox Business puts forth in reporting on Foot Locker’s better-than-expected 5 percent revenue increase (for a total of $2.007...
May 03, 2016
Sports Authority is throwing in the towel, announcing it will be auctioning off assets and making the closure of all 463 of its remaining stores a near inevitability. It has been a long, downward spiral for sports and clothing retailer Sports Authority, but it seems that it must finally admit defeat. As recounted in a […]
March 02, 2016
One sporting goods retailer’s bad fortune may be to a longtime competitor’s benefit. Bloomberg reports that Sports Authority — as it prepares to file for bankruptcy — is rumored to be in...
March 02, 2016
A little healthy competition among other sports apparel retailers appears to have given Foot Locker the opening it needed to gain ground. That’s the theory that Fox Business puts forth...