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270 Views 37 Replies
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After laying off all it's Pro's in the summer, Dicks is getting out of the golf business. Shrinking revenues and an overall shrinking industry were their reasons. I believe what really happened is they put most of their eggs in the TaylorMade basket, and TMag is reporting a 27% decline in revenue YTD to their share holders. So maybe the strategy of releasing 47 new drivers every six months is finally catching up to them - and the retailers?
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| # 1 9/22/2014 11:33:46 AM |
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How about too much mark up.
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| # 2 9/22/2014 12:28:36 PM |
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Time to pick up some discounted merchandise!! Yeah!
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| # 3 9/22/2014 1:04:05 PM |
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Is this true? Or is this a joke?
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| # 4 9/22/2014 1:23:12 PM |
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| # 5 9/22/2014 1:28:29 PM |
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Are they folding all of the Golf Galaxy's as well? Wow...the golf world just took a MAJOR hit!!! I am surprised they didn't just decide to downsize. Right now they have a large footprint. Why not just cut that space down 3/4 and still have clothing (which makes money) and sample clubs? |
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| # 6 9/22/2014 1:31:36 PM |
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Time to pick up some discounted merchandise!! Yeah! We are all over that ! |
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| # 7 9/22/2014 2:00:31 PM |
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Mark it up 30% then sell it for 20% off.
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| # 8 9/22/2014 2:15:07 PM |
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Buncha dicks...
stores will be closing.... hehe. |
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| # 9 9/22/2014 3:42:36 PM |
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Buncha dicks... stores will be closing.... hehe. Great observation Don. Dicks being sucked out of the golf business now is just very bad timing. Shame. |
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| # 10 9/22/2014 7:01:21 PM |
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| # 11 9/22/2014 9:44:10 PM |
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Is this true? Or is this a joke? That's not all. Adidas is closing down the Adams head office in Texas and consolidating it with the TMAg HQ in Carlsbad. |
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| # 12 9/23/2014 12:17:18 AM |
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Buncha dicks... stores will be closing.... hehe. :-) |
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| # 13 9/23/2014 9:48:04 AM |
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Dick's isn't leaving the golf category entirely. They are just reducing the overall size of the segment in their stores. They already did this in the two stores I go to. All equipment and apparel are now in the same footprint that used to be equipment alone.
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| # 14 9/23/2014 10:19:50 AM |
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Dick's isn't leaving the golf category entirely. They are just reducing the overall size of the segment in their stores. They already did this in the two stores I go to. All equipment and apparel are now in the same footprint that used to be equipment alone. Dicks are shrinking ? |
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| # 15 9/23/2014 11:33:46 AM |
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Dick's isn't leaving the golf category entirely. They are just reducing the overall size of the segment in their stores. They already did this in the two stores I go to. All equipment and apparel are now in the same footprint that used to be equipment alone. Dicks are shrinking ? Scott, I don't think this is about maximizing the size of Dicks. This is a move that will help them maximize performance of Dicks. I applaud them for trying focus on lasting longer. Inevitably, I think this move will allow Dicks to fill a void and will make the experience there more pleasurable. Customers want Dicks to better connect with them. I think not only will Dicks see more variety of clients, Dicks will see more volume too. It might change the way how they look at Dicks. I'm not a fan of Dicks personally, but at least they are thinking outside the box. |
