The Impact of the Sports Authority Bankruptcy on Retail
When the Sports Authority went under, nearly 20-30 percent of the sports business evaporated overnight. How has this retailer’s absence in the marketplace impacted other retailers and e-commerce, and what does this mean for the sports industry at large? Find out in this video featuring sports industry analyst Matt Powell.
For more information on Sports industry:
https://www.npd.com/wps/portal/npd/us/industry-expertise/sports/
For more Matt Powell stories:
https://www.npd.com/wps/portal/npd/us/blog/blogbyanalyst/Matt+Powell/
When the Sports Authority went under, nearly 20-30 percent of the sports business evaporated overnight. How has this retailer’s absence in the marketplace impacted other retailers and e-commerce, and what does this mean for the sports industry at large? Find out in this video featuring sports industry analyst Matt Powell.
For more information on Sports industry:
https://www.npd.com/wps/portal/npd/us/industry-expertise/sports/
For more Matt Powell stories:
https://www.npd.com/wps/portal/npd/us/blog/blogbyanalyst/Matt+Powell/
){kind=link}
For more information on Sports industry:
https://www.npd.com/wps/portal/npd/us/industry-expertise/sports/
For more Matt Powell stories:
https://www.npd.com/wps/portal/npd/us/blog/blogbyanalyst/Matt+Powell/
The void in business that you mentioned may just be the discretionary spending that Americans have less and less of as our standard of living continues to decline. The continuing loss of good jobs for working-class Americans means that there is less money for recreational expenditures, things like sports equipment.