Industry Analysis & Industry Trends
During the past two decades, the arena for sporting goods retailers has changed, with industry players evolving into national chains that have considerable buying power. The rise in national sporting chain numbers has effectively created an opportunity for department stores and mass merchandisers to enter the market and aim for a share of the sporting pie. Despite heavier competition, sporting goods retailers have continued to benefit from their ability to offer consumers specific brands and specialized services... purchase to read more
Industry Report - Industry Analysis Chapter
Consumers have been giving up the couch in favor of a range of sports activities. Growing consumer awareness of the health benefits of regular exercise has caused sports participation levels to increase, thus boosting demand for equipment from the Sporting Goods Stores industry. Meanwhile, declining disposable income and consumer sentiment along with increasing competition from department stores, mass merchandisers and big-box retailers have negatively influenced revenue. Although the industry has grown over the past five years, that growth was only a recovery from the revenue contractions during the recession. Due to these mitigating factors, revenue is estimated to have grown at an annualized rate of just 0.1% to total $40.0 billion over the five years to 2013... purchase to read more