71-year-old firearms and outdoor brands files for Chapter 7 bankruptcy

71-year-old firearms and outdoor brands files for Chapter 7 bankruptcy

Sporting goods retailers, including the broader hunting and fishing category, have struggled in recent years. That’s, at least in part, because the internet has taken a bite out of their sales. As a casual tennis player, for example, I had to go to a sporting goods retailer if I needed tennis balls, which created the … Read more

70-year-old sporting goods chain quietly closing stores

70-year-old sporting goods chain quietly closing stores

You could argue that the sporting goods industry has been struggling since 2016 when the Sports Authority ceased to exist. At the time, analysts noted that the space has always been competitive. “The pressure in the sporting goods business is no different than it’s always been,” Telsey Advisory Group analyst Joseph Feldman told CBS News, … Read more