Posted on 02/17/2016 2:41:38 PM PST by PAR35
Sports Authority employees were told last week that the big box chain is closing its Texas stores.
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Store employees in Dallas Wednesday said they weren’t sure when stores will close. A lot of merchandise is on clearance. But the staff was also packing up goods into boxes. A large truck arrived to the Caruth Plaza store today around lunchtime to take away merchandise.
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The Denver Post is reporting that three stores are closing in its market and quoted a source saying there are a total of 140 stores closing.
(Excerpt) Read more at bizbeatblog.dallasnews.com ...
Just another beneficiary of the Obama economic boom.
The Walmart of Sporting Goods.
I remember people saying Mitt “saved” Sports Authority by loading them with debt that would come back to haunt them.
Boo!
I agree part of this is the bad economy in general, but they are definitely casualties of the transition to online shopping. How many times would fight for a parking spot in a crowded lot just to find the store wasn’t carrying something rather basic?
I know the answer: Once.
SUMMER OF RECOVERY #983493475846!!!!!!!!!!!!!!!!!!!!
WOOHOO!!!! Unemployment at 4.8%!! It’s a great economy, according to Obama, who always tells the truth.
I tend to buy online now you find exactly what you want you don’t have to talk to some snot nose person that has not a clue what your asking for or takes you to the aisle you already have scoured top to bottom left to right
I remember when Sports Authority bought out Oshman’s.
Crowded parking lots didn’t seem to be a problem the two times I went to Sports Authority. Some overflow from the adjacent pet store.
Sports Authority used to be a good place to get mid range fishing tackle, a step above Walmart. But for some reason they stopped selling fishing tackle and that’s when I stopped going to them.
Sports Authority used to be a good place to get mid range fishing tackle, a step above Walmart. But for some reason they stopped selling fishing tackle and that’s when I stopped going to them.
The large Sports Authority store in Fairbanks is NEVER busy. And I mean NEVER! The parlking lot is like a ghost town. I don’t know how they have lasted as long as they have so far.
That’s right; even worse, people go into a store, find exactly what they need...and leave and order it online for less money.
I smell recession, and money not going after “nice but unnecessary” items.
The problem isn’t THEIR customers at the store near me; it is the customers for the movie theater, the Barnes & Noble, the Party City, etc.
To an extent. But look at the size of those big stores and compare the overhead costs to warehouse operations like Amazon.
Not easy to compete on price.
http://www.overstockbait.com/
But I don’t want to buy sports shoes, gloves, even a bat without holding it.
I agree that amazon is a tough competitor, though. I live out in the country and it saves me gas money.
I learned my lesson with clothing, though. I’ve NEVER had it fit right. Ever.
I wonder when they will admit that we have been in Great Depression II for years.
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