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Started By
Message
Sports Authority closing all 500 stores nationwide
Posted on 5/1/16 at 9:49 pm
Posted on 5/1/16 at 9:49 pm
quote:
When the company was bought by a hedge fund 10 years ago, it was the largest sporting goods retailer. But it has struggled with the debt load associated with a leveraged buyout a decade ago. It has been overtaken by Dick’s Sporting Goods, which has grown by providing a more high end shopping experience.
For Sports Authority, the online competition has come from online retailers such as Amazon and Fanatics, and also retail sites run by sports leagues such as the NFL and NBA.
LINK
16
Posted on 5/1/16 at 9:50 pm to HailHailtoMichigan!
I still have a gift card from there. Can I use it?
Posted on 5/1/16 at 9:53 pm to HailHailtoMichigan!
(no message)
This post was edited on 6/27/19 at 11:28 pm
Posted on 5/1/16 at 9:53 pm to Paul Allen
Sports Authority are still selling Gift Cards online, if I had a Gift Card I'd try to order something right now.
Posted on 5/1/16 at 9:55 pm to HailHailtoMichigan!
What's good for Wall Street is good for America
Said no one outside of Wall Street
Said no one outside of Wall Street
Posted on 5/1/16 at 9:57 pm to soccerfüt
I'm serious. Should I use it right now?
Posted on 5/1/16 at 9:57 pm to Jim Rockford
so did this hedge fund siphon off profits or just completely mismanage it into the ground?
Posted on 5/1/16 at 9:58 pm to USEyourCURDS
quote:I can't call them down for that.
Overtaken by Dicks
I can be one.
Posted on 5/1/16 at 9:58 pm to CtotheVrzrbck
What is the Broncos stadium going to be renamed to?
Posted on 5/1/16 at 9:59 pm to Paul Allen
quote:
I'm serious. Should I use it right now?
...as opposed to?
Posted on 5/1/16 at 9:59 pm to HailHailtoMichigan!
Didn't know it still existed.
Posted on 5/1/16 at 9:59 pm to CtotheVrzrbck
quote:
so did this hedge fund siphon off profits or just completely mismanage it into the ground?
Either way, they're probably still profiting from the debt, right? I think thats how it works up there. At least, thats how it worked before.
Posted on 5/1/16 at 10:00 pm to Paul Allen
quote:Serious, yes. If you have a retail SA near you, you might want to walk in a spend it as you can walk out with the merchandise in-hand. If not, order away online and make sure whatever you order is not back-ordered.
Should I use it right now?
Good luck.
This post was edited on 5/1/16 at 10:01 pm
Posted on 5/1/16 at 10:00 pm to HailHailtoMichigan!
I always thought Academy was larger than Dick's.
Posted on 5/1/16 at 10:02 pm to GoldenBoy
Dicks Mile High
Posted on 5/1/16 at 10:05 pm to HailHailtoMichigan!
That place has always been a piece of shite. They lasted a decade longer than I would have thought
Posted on 5/1/16 at 10:12 pm to Paul Allen
quote:
I'm serious. Should I use it right now?
Yes
Posted on 5/1/16 at 10:18 pm to GoldenBoy
Mile High Stadium presented by Weed
Posted on 5/1/16 at 10:23 pm to crankbait
Good, sporting goods stores are ableist and sizeist and fat shame people who choose not to better themselves through exercise.
Posted on 5/1/16 at 10:24 pm to HailHailtoMichigan!
At least it's not Academy. They have better prices on ammo.
FYI- I hate Dicks.
FYI- I hate Dicks.
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