RIP Sport Chalet

They reached the limit.*

Sport Chalet will close all stores and stop online sales

*Inside joke for SoCal SJers.

 

They'd rather be skiing.

 

Seemed kind of odd that about 10-15 years ago there was a big contraction of sporting goods stores, then all the sudden Sports Authority and Dicks started opening stores.

 

Dick's expanded (he he) in the last decade by buying up chains like Galyon's.

The same story said Sports Authority filed for bankruptcy and will close about a quarter of its stores.

 

I also read recently that REI is suffering as well, namely because Target and WalMart have upped their cycling and outdoor game. Plus, InterWebs.

 

And, of course, the rumor mill has Bass Pro to buy Cabela's.

 

Must be a very recent thing, given the coop posted 9.3 percent growth last year.

REI Releases 2015 Stewardship and Earnings Report, Gives Back Three-Quarters of Profit to Outdoor Community and Opens Voting for Board Members | REI Newsroom

 

REI’s boss challenges the bicycle industry to discuss the brutal truth about the business

 

That mindset is part of the reason REI's house brand is going from discount to premium.

REI ‘House Brand’ Reboots As Premium Gear