I hope not.Its the only store close by so I can touch stuff.
http://www.twincities.com/2017/02/10/report-gander-mountain-preparing-bankruptcy-filing/
Man, that stinks!
And I just posted in the BPS/Cabelas thread that
their deal is on shaky ground, which I would like
to see fail, honestly. But I hope it doesn't mean
bankruptcy for Cabelas either.
In my opinion, Gander Mountain functioned as a brick-&-mortar store for too long.
To my knowledge, they were the last major tackle chain to incorporate online shopping,
which I believe was a mistake they never recovered from.
Roger
hope not. but I would encourage big box type stores, to really invest in counter people at there specific department,to be very knowlageble. for example I was In acadamy few months back wanting certain bait. they didn't even know if they carried brand. I found it,they did. ask second ? they didn't know that answer either. what a shame! I too like to hold , feel, ask questions .my point being invest heavily in the customer. and just maybe that bottom line would be better.
From my personal standpoint, Gander Mountain is WAY too overpriced, but then again that goes for all the big chains.
Never been to one, but less competition for BPS can't be a good thing.
(Reuters) - U.S. hunting and fishing chain Gander Mountain Co is preparing to file for bankruptcy as early as this month, after an aggressive effort to expand its store base failed to pull in new customers, according to people familiar with the matter.
Gander Mountain is working with financial advisory firm Lighthouse Management Group Inc and law firm Fredrikson & Byron PA as it gets ready to file for bankruptcy, the people said this week.
The sources asked not to be identified because the matter is confidential. Gander Mountain and Lighthouse Management declined to comment this week, while a spokeswoman for Fredrikson did not return a request for comment made on Wednesday.
Gander Mountain, which bills itself as America's firearms superstore, has faced challenges capitalizing on a booming gun market. The Federal Bureau of Investigation carried out a record 27.5 million background checks on people seeking to buy guns in 2016, up 19 percent from the year before.
Gander also has stiff competition from rivals like Bass Pro Shops and Cabela's Inc (CAB.N), which have been revamping their stores to attract customers with restaurants and shooting activities.
Bass Pro agreed last year to buy Cabela's for $5.5 billion, potentially putting more pressure on Gander Mountain, though the deal has to overcome major hurdles to close, including antitrust concerns.
Based in Saint Paul, Minneapolis, Gander Mountain was taken private in 2010 by Gratco, a holding company controlled by Gander Chairman and Chief Executive David Pratt, and Holiday Stationstores, a gas-station retail operation controlled by Minnesota's Erickson family.
Gander Mountain confronts financial trouble after an aggressive expansion across the United States for a total of about 160 stores, with nearly 60 new outposts opened or announced since 2012.
I have only been in one of their stores and I was not impressed. Then again I am not very impressed with Academy or Bass Pro for that matter. Cabela's is about the only one of the major retail stores that have people in each department that know their stuff.
I am hoping that with this the Bass Pro Cabela's deal falls flat on its face.
I could see this coming. I have a Ganders Mtn and a BPS near me. The Gander Mtn store is huge, and always empty. To me it's amazing that it's stayed open as long as it has.
As far as less competition for BPS, that's true to an extent I suppose but with online options like Tackle Warehouse, Ebay etc... I can't imagine BPS can just run amuck.
There is a Gander Mountain where my daughter lives and a Academy. I can't speak for the employees knowledge as I didn't ask for any assistance. But just store vs store Academy stomped Gander Mountain in the ground. Way more inventory and the prices were way better overall at Academy. It wasn't even comparable.
Gander Mountain looked like it was literally closing to me. A lot of empty shelves and floor space. Maybe they are but there was no signs indicating such.
I've worked some shows in Gander. To me, they are not the same as bps or cabelas. I do shows in those stores and also some of their grand openings. They are both destinations with the aquariums and game mounts. Gander doesn't have any of that and still charge the same. Not to mention that bps and cabelas are more family orientated and include something for the wife and kids as well as those looking for hunting and fishing tackle. They have an expansive clothing area as well as home goods not to mention some have restaurants. Getting the family out is a big advantage.
On 2/12/2017 at 4:22 AM, TOXIC said:I've worked some shows in Gander. To me, they are not the same as bps or cabelas. I do shows in those stores and also some of their grand openings. They are both destinations with the aquariums and game mounts. Gander doesn't have any of that and still charge the same. Not to mention that bps and cabelas are more family orientated and include something for the wife and kids as well as those looking for hunting and fishing tackle. They have an expansive clothing area as well as home goods not to mention some have restaurants. Getting the family out is a big advantage.
All good points and true to Gander Mtns I've visited.
My sons much rather BPS and Cabelas for the aquarium.
Other than certain niche locations (Islamorada Offshore Angler® comes to mind) Most traditional sporting goods retailers are in trouble.
Heard about a few GMs stores closing. Its a shame because occasionally they had good sales going on. Use to stop at one every time I went down Harrisburg way. I liked their store brand soft plastic baits more than most.
I was in the. GM store ,York,Pa last week. All nice folks.Good inventory.
So what is the cause of the big store failures.
Offshore cheap goods
The internet
Failure to stay family oriented[as mentioned]
Overall economy
The bait monkey not doing his job?
All the above
On 2/12/2017 at 1:10 AM, Senko lover said:From my personal standpoint, Gander Mountain is WAY too overpriced, but then again that goes for all the big chains.
You can say that again. And its not just fishing gear, its virtually everything. A box ammo that costs 17 bucks somewhere else costs 25 bucks at Gander Mtn.
I have a BPS and Gander Mountain both an hour and a half ride from my house. Gander Mountain is literally 5minutes down the road from BPS and while at BPS over the summer I drove down the road to Gander and noticed they had higher prices on almost everything in the fishing department compared to BPS and on top of that not a single person in the department to help the numerous customers that were in that specific area alone. There were quite a few father and sons there looking to buy stuff or looking to get started fishing together and it killed me to see them not be able to have any questions answered for them to have an idea what they'd need or what would work best for the surrounding area waters. luckily they had the same thought as I and drove back down to BPS where there were MANY associates working with actual real knowledge who know the local waters and what works best.
My town just got a Gander about six months ago. They have a good selection but their prices are too high. Fishing stuff, guns and ammo, clothing.. all priced on the high end. Their staff was so pushy for the first few months, but now that their honeymoon is over they've relaxed.
Over expansion will doom you every time.
I went to a GM once.It was a smaller store and almost no customers.Looked around for a little while and Didnt buy anything.
The first time I went to a BPS , my wife put up with it for 3 HOURS and finally asked if we could please leave.She almost had to drag me out .
I see a little negativity on here with BPS.Whats up with that?I have had nothing but good experiences there.
I also really like Academy .Great selection and lower prices .
Dicks has less of a selection,but they often have specific baits I can't find elsewhere .
At least we might be able to cash in on some store closing clearance deals, but in the long run this will hurt the consumer. At least they already had very high prices, so they weren't exactly driving prices down because of their competition.
I agree they are overpriced. Most plastics there run about a dollar more than at DSG or BPS, and TW is even cheaper than them all usually. And I think all the above about not being a "destination" like BPS with the aquariums, restaurant, old fashioned candy shops, etc hurts too. But I was also listening to an episode of Marketplace on NPR about 6 months ago, and they had a retail expert on who said that in the last decade, many, many retailers got too tempted to over-expand. He was saying that the VAST majority (like 90%) of all retailers need to stay between 3 and 50 stores. Only a handful nationally can maintain more. And many, stubbornly, refuse to scale back until it is too late. Funny, because most of my AP Econ students can look at a monopolisitic competitor's cost/revenue curves and tell when you're in trouble. (Obviously the company has much more complete and nuanced info, but still...) In fact, next year this might be my lesson for teaching diseconomy of scale...
When I lived in Ohio I would visit the GM store in Huber Heights near Dayton. Every time I went in there it was busy,and driving by the store on the highway the parking lot was always crowded. The store was always fully stocked in both hunting and fishing areas.
Hard to read all these posts about their impending bankruptcy but it is what it is. Lots of companies are going under nowadays,plus how many hunting and fishing chains can the economy support?
Every retail store has a "buyer" for each department.
So a Gander Mountain in Tennessee may have a fantastic selection of bass fishing stock while a Gander Mountain in Virginia may not. It is up to each buyer to stock their store based on the sales in their store. The buyers will stock their shelves with the items that sell, be it fresh or saltwater.
Same is true with the employees. Some stores will have very knowledgeable staff while others do not. Just something that comes with the territory.
The Gander Mountain in Richmond closed while the Gander Mountain in Fredericksburg is still open. Stores were about 40 miles apart. But BPS and Green Top were too much for the Richmond store so it closed.
Filing for bankruptcy will allow the company to reorganize and close some of the unprofitable locations and legally break the leases. Hopefully the chain will come out of the bankruptcy smaller but stronger.
Time will tell.
On 2/12/2017 at 9:20 AM, N Florida Mike said:I went to a GM once.It was a smaller store and almost no customers.Looked around for a little while and Didnt buy anything.
The first time I went to a BPS , my wife put up with it for 3 HOURS and finally asked if we could please leave.She almost had to drag me out .
I see a little negativity on here with BPS.Whats up with that?I have had nothing but good experiences there.
I also really like Academy .Great selection and lower prices .
Dicks has less of a selection,but they often have specific baits I can't find elsewhere .
I am also wondering whats up with the negativity towards BPS. Sure, they're a little more expensive than TW but you get hands on experience with them and usually their workers are pretty knowledgeable. My only problem with them is that they really seem to be concerned with selling their own brand and about 40% of their sales aren't actual sales.
I am not surprised. The ones around here, seem like they go through extensive remodels to change the layout of the store on a yearly basis...........that can't be cost effective.
They are also on drugs when it comes to pricing. I have not bought a single thing there in the last few years that wasn't on sale.
Fishing stuff is mildly over priced, same with ammo, but my god they must think that every firearm they have in stock was used by Teddy Roosevelt on San Juan Hill. You would have to be a complete idiot to buy a used gun there, many if not all of them are higher priced than NEW ones at other stores.
So brick and mortar stores are closing all over the country, doesn't matter what they sell. I think the superstore idea works better outside of urban areas, as earlier mentioned, because you can plan a family trip. I've got a Cabelas 5 minutes away, Dicks 15 minutes away and 2 BPS's within an hour drive. Think I've been to Gander twice in my life, both times in Wisconsin and for last minute things. I don't frequent any of the stores except for last minute things, fishing rods, and ammo. I can see smaller satellite stores staking a footprint, stocking necessities, impulse buys, and things that don't make sense to ship due to size.
I hope Gander doesn't close...it's the only place I can find my Jim Beam Jalapeño sunflower seeds. lol
I have been through four GM stores in NC, PA, MD and VA. I didn't find any of them as busy as the BPS stores in VA, MD, and PA. I have also been to the Cabelas in PA and DE both of which were busy but not at the rate BPS stores were. I have also been to several DSG in MD, VA and PA. One is close to my home and I check what is on sale while I am there. Someone else mentioned the GM store in Richmond, VA closing. A large, local long time fishing and hunting retail store, Greentop, now operates out of their building. I have been going there for many years.
I think the biggest drawback for some is that BPS stores stock more of their brand and less of the other brands that a lot of serious bass fisherman buy. Not to say that their stuff is junk because I still use some stuff from BPS. I think another drawback to all the brick and mortar retailers is the internet. I am guilty as many are for shopping on line. I also try to support two locally owned tackle stores, one in MD and one in PA. I have recently started updating my fishing rods. I visually shop on line at the rod company website and then order it through a local MD tackle store in Timonium area, Anglers Express. Having him close by makes it easy to find the stuff that BPS doesn't carry and put my hands on what I am interested in before I buy it. That is priceless.
This is not the first time into BK for Gander Mtn. In the 90s they were primarily a catalog business - I can remember getting at least a couple mailed each month. Their prices were good/great then.
They were primed for the Internet with their model then, i.e., virtually no big brick and mortar stores and just a call center for orders. Too bad they were just a few years too early and were unable to ride out the rough times until the Internet came into favor for shopping. I think they sold off their catalog business to Cabelas.
When Gander came back several years ago, they went all in on the brick and mortar thing when their original catalog business coupled with the internet would have done them right. Talk about doing things backward, this company is a university 101 level business course case study on high level bad decision making.
They just opened one within the last 6 months in S.E. Penna. about 20 minutes away for me. Be a shame if they don't last a little while. But, here today gone tomorrow. Won't be too surprised if it happens. I despise Wally Worlds and DICKS fishing departments. Easier ride than BPS and Cabelas for me. Oh well.
Cabela's is failing and is working on being bought out by BPS. Gander Mountain is failing. Sportsman's Warehouse failed, was bought by a Canadian company and closed a bunch of locations.
Maybe if everything they sold wasn't 20% more than online dealers they would survive.
On 2/12/2017 at 9:57 PM, Mosster47 said:
Maybe if everything they sold wasn't 20% more than online dealers they would survive.
Property taxes, leases, utilities, and wages account for the higher prices.
I still wish we had Herter's Inc.!
On 2/12/2017 at 11:25 PM, slonezp said:Property taxes, leases, utilities, and wages account for the higher prices.
^^^^This. Brick and mortar stores can't compete with the internet when it comes to prices. Its cheaper to have one warehouse and ship from there than have 40 stores that would cost 40x the amount and keep an online presence at the same time. Its the way of the new economy.
The Gander Mtn in town is doing pretty rough.
On 2/12/2017 at 11:29 PM, Crestliner2008 said:I still wish we had Herter's Inc.!
Yeah,all the stuff was personally tested by Joc Herter.
It was annoying to have to add up the shipping weights for each item ,then wait 3 weeks to receive the order
We are spoiled now ehh
Here in Terre Haute we have a Gander Mountain that's been here for some time now. I can't remember when it opened, maybe more than ten years ago. But an Academy Sports opened up last year. Gander Mountain is an expensive store and has always been expensive.
The shoppers between these two stores are very very different. Mostly grown older men who bring their wives along (who seem to have decent paying middle class jobs) are the regular customers. But Academy Sports? I was totally surprised when that store opened. I see family after family after family in there, plus moms with lots of little kids and even college students going into Academy. Academy Sports seems to be the Walmart of sporting goods. Gander Mountain seems to be the premium upper level sporting goods store.
The Academy Sports parking lot seems to be always packed or have a good crowd. Gander Mountain, not so.
I've bought a few guns from Gander. They have a large gun selection but they overpriced. There's a local gun shop that offers way better prices.
On thing Iv'e noticed about Academy Sports - the workers seem to be from another planet, particularly the check out employees. You go pay for something and they seem busy texting their friends or making faces at other employes and not focused on you the customer. I find it irritating how a good store could put the same kind of people at the check out counters.
I would hate to see Gander close though. It's nice to have two good sporting good stores.
Just saw this story shared on my Facebook feed - http://www.***/outdoors/***/story/1754270-gander-mountain-preparing-bankruptcy-filing
No Gander Mountains out West where I'm at, but I do buy things from them online time to time as they can have some pretty good sales. Out here the last remaining sporting goods chain is Dick's, and they just opened a new store nearby last year. I think it's a matter of time before Dick's also declares.
Of all the sporting goods retailers, DSG (along with Academy) is in the best shape financially. They face the same pressures and obstacles as every other traditional retailer, but because "outdoors" isn't as large a part of their sales, they can better navigate the changing landscape. They need to tighten up on buying and marketing somewhat though. Sporting retailing, I don't wish it on my worst enemy.
They weren't cheap by any means and they didn't have near the selection of a BPS, but boy I miss the small shops where when you went in you would say to the owner/only employee "Hey Bob, how ya' been?".
We got a Gander Mountain a little over a year ago. It was nice to have since where I live the nearest Bass Pro is about an hour away. So if I really needed something I could go there. And then Sports Authority closed and within a few months Sports Academy moved in, literally within a few miles of Gander Mountain. SA has a better selection then Gander Mountain (which had a SERIOUS problem of not restocking items) and the pricing is BELOW what I may pay for the same items at Walmart!
i think a lot of them held on because of strong gun sales, at least the one i used to live by in Mooresville, NC. I believe it was or is still one of the largest, if not the largest, gun shop in NC.
the fishing assortment there was horrible to say the least. right next to the largest lake in the entire state and they had just as much, if not more inventory in saltwater gear than they did freshwater. and for anyone curious, it's about a 4 hour car ride to the nearest saltwater from there....
On 2/12/2017 at 9:57 PM, Mosster47 said:Cabela's is failing and is working on being bought out by BPS. Gander Mountain is failing. Sportsman's Warehouse failed, was bought by a Canadian company and closed a bunch of locations.
Maybe if everything they sold wasn't 20% more than online dealers they would survive.
Cabela's was never in trouble financially. They made the mistake of going public which resulted in an activist investor group buying shares and forcing the company to split off sub companies and sell. In the old days, we called this a hostile take over. The plan worked because the sell to BPS made the stock price increase and the activist group has already cashed out their shares and made millions. At the time of split and sell, experts estimated BPS and Cabela's books were probably equal but since BPS is still private, their information isn't available.
On 2/14/2017 at 2:31 AM, buzzed bait said:i think a lot of them held on because of strong gun sales, at least the one i used to live by in Mooresville, NC. I believe it was or is still one of the largest, if not the largest, gun shop in NC.
the fishing assortment there was horrible to say the least. right next to the largest lake in the entire state and they had just as much, if not more inventory in saltwater gear than they did freshwater. and for anyone curious, it's about a 4 hour car ride to the nearest saltwater from there....
aint it the truth? BPS is 20 miles away in Concord and Cabelas is over 30, thru Charlotte traffc (no thanks). a GOOD local tackle shop could kill it in Mooresville. i can get my hooks and emergency stuff at Gander if i have to but Wally World is right across the parking lot and is way cheaper. smh
I agree with what people are saying about the brick and mortar. Internet sales has hurt these stores, I have ordered my fair share from tackle warehouse.
I however do not mind paying a little higher prices ( I mean little too) for getting the gear in my hands 1st before buying it.
I have a gander mtn 10 mins from my house. I do buy a few things there. They are very pricey but it works in a pinch for certain things. I have a bass pro 45 mins from me and I absolute love going there a few times a year. I know somethings are not truly deals but I just love the outdoor atmosphere and just looking at all the gear and boats. It's really the only time my wife takes an interest in fishing. She says that I Have a problem, I don't need any more reels or rods. She will never understand ?.
Hate to see GM file bankruptcy for the fact there are some very friendly older gentlemen that work at my local store. Knowledgeable gentlemen that just work there because they like the outdoors and like to help other sportsmen. They also get a pretty good discount on gear for themselves.
I personally try to support the local tackle shops/gun shops (the ma and pop shops) when I did go to Gander Mountain I found it to be very overpriced and staff not knowledgeable enough about what they were selling. I did go to more then one Gmnt with still the same outcome. Not that I am happy they are going bankrupt because I do agree with most that it will hurt the consumer. Hopefully they don't close for good and they can recover and do a better job overall on price and costumer service.
For me, we had two smaller Gander Mountain stores, on on the west and one on the east side of town, near two malls. Both stores were always busy, especially the west side store. Then they got the bright idea that they needed the larger super stores off the highways and closed the the two smaller east and west side stores and built the new mega store north of town. The few times we went to the mega store including weekends, I never saw as many cars in the lot as there smaller mall based stores. The mall based stores made a killing on us on our lunch breaks during the week and many spouses hitting the store while the better half hit the mall.
It seemed like not long after they started opening the bigger stores that the prices started to go up and the deals were harder to come by. A month or two ago I hit one of the smaller stores I used to love and their tackle selection was non existent, they used to carry a ton, it was really sad to see. The internet thing definitely hurt them too, but at least locally closing two very busy stores was a huge error.
I worked at Gander Mountain for two years. That being said our particular location has been dominated by the local Cabelas for the years I have worked there. The one thing that really keeps the business running is the gun sales. We just didn't get very many people coming through the fishing and camping areas. I haven't been there for about 4 months so I can't really say what the situation is like lately but when I was there the gun sales were what was keeping the business going.
On 2/12/2017 at 8:25 PM, Kris2016 said:I have been through four GM stores in NC, PA, MD and VA. I didn't find any of them as busy as the BPS stores in VA, MD, and PA. I have also been to the Cabelas in PA and DE both of which were busy but not at the rate BPS stores were. I have also been to several DSG in MD, VA and PA. One is close to my home and I check what is on sale while I am there. Someone else mentioned the GM store in Richmond, VA closing. A large, local long time fishing and hunting retail store, Greentop, now operates out of their building. I have been going there for many years.
I think the biggest drawback for some is that BPS stores stock more of their brand and less of the other brands that a lot of serious bass fisherman buy. Not to say that their stuff is junk because I still use some stuff from BPS. I think another drawback to all the brick and mortar retailers is the internet. I am guilty as many are for shopping on line. I also try to support two locally owned tackle stores, one in MD and one in PA. I have recently started updating my fishing rods. I visually shop on line at the rod company website and then order it through a local MD tackle store in Timonium area, Anglers Express. Having him close by makes it easy to find the stuff that BPS doesn't carry and put my hands on what I am interested in before I buy it. That is priceless.
Green Tops is the bomb! My high school bass team got a huge discount there it was great. Very good people there.
My thought is Cabela's really was known For there Hunting supply's there clothing is outstanding Gun's ammo They have that covered also, Bass Pro was marketed to Bass fishing.Johnny Morris started selling Tackei out of his father's liquor store, and look where he's at now. With those two Giant retailer's don't leave much for anyone else. I always try to support local shops ,But they can't carry the selection that we like to see, The internet is so convienent get what ever you need at a push of a button .Gander Mt was late to the party.Just my thought's
Gander Mountain is basically an overpriced clothing store that devotes 1/4 of the store to fishing and hunting, which they still do pretty well.
Know why Gander, Cabela's and Bass Pro carry so much clothing? It's because there is a lot more profit in clothing than fishing tackle. Without clothing, they would all still be small shops nobody heard of.
On 3/2/2017 at 9:40 PM, Scott F said:Know why Gander, Cabela's and Bass Pro carry so much clothing? It's because there is a lot more profit in clothing than fishing tackle. Without clothing, they would all still be small shops nobody heard of.
Yeah, you know what makes more $ for sporting goods retailers than most anything else?
Socks, and of those, the basic 10 packs more so than the performance copper enhanced, ultra weave recovery enhancing premium single cards. The same reason why if given a choice Ugly Stiks stay, and NRXs go. It's not sexy.
On 3/2/2017 at 9:40 PM, Scott F said:Know why Gander, Cabela's and Bass Pro carry so much clothing? It's because there is a lot more profit in clothing than fishing tackle. Without clothing, they would all still be small shops nobody heard of.
Spot on. I used to work in retail sporting goods. All our clothing was at least 100% markup.
https://www.bassresource.com/bass_fishing_123/gander-mountain-bankruptcy-31017.html Not that any of you would have missed it on the front page, but some of you called it.
They'll probably raise their prices even higher in lieu of it.
Retail in most industries is taking a beating. The big malls with brick & mortar are in big trouble. New pricing strategies & on site aggressive store management to bend the cost curve down is needed. Yesterday, walking into an Academy saw a sign out front before walking in stating they would beat any competitors' price like a Wal Mart ad. The big box boys are in big trouble.
Personally, buy more and more from on-line & use Amazon, too.
My 2 cents.
Poor store help, poor selection, most always have to wait for someone to come to man the register at check out, poor inventory...
Retail is ruthless to begin with...but add in poorly managed operations and an undifferentiated market position...this is what you get.
The only thing that is surprising to me is how long they lasted.
It looks like Gander is liquidating -
https://www.aol.com/article/finance/2017/05/02/gander-mountain-is-closing-down-a-bunch-of-stores/22066240/
Get on those deals!
On 5/3/2017 at 8:44 AM, blckshirt98 said:It looks like Gander is liquidating -
https://www.aol.com/article/finance/2017/05/02/gander-mountain-is-closing-down-a-bunch-of-stores/22066240/
Get on those deals!
I went to so called store closing sale, some items were only 20% off. Typical Gander, no wonder they closing.
On 5/3/2017 at 4:48 PM, AnotherSenkoQuestion said:
I went to so called store closing sale, some items were only 20% off. Typical Gander, no wonder they closing.
They're closing all over the place. The one closest to me shut down and sent all their returned/damaged goods to an auction. I went to it and managed to get a couple sweet deals.
I'm pretty sure the only location around me is closing down as well. I haven't shopped for fishing gear online yet I have to hold it and look at it before I buy it.
They've already closed down 3 stores here in Pittsburgh months ago. Those 20% prices will soon become 30-40-50-60-75%. The thing is the selection gets smaller and smaller as that discount gets bigger. And no returns either, so don't think you'll buy at 20% off and then swap it out once it's at 75%.
Camping World bought Gander Mountain. They will keep 17 stores, maybe more depending on how profitable the stores are. You can google it for more information.
Gander was one of my first exposures to large(r) sporting goods stores and as such, I HAD a certain amount of loyalty to the company. But that waned over time. They really didn't seem to care if they were competitive or not. The store near me was empty most of the time and when I commented on it to an employee, she said they made most of their money at Christmas and mostly on their firearms. (?). If that is the case, why have all the additional overhead? I'm surprised "my" store lasted as long as it did.
http://www.gandermountain.com/?MobileOptOut=1
Gander Mountain Twitter with some stores staying open >>
https://twitter.com/GanderMtn
Just got news that all Gander Mountains are closing nationwide. Have to imagine there will be some killer deals to be had with the going out of business sales, so I figured I'd go ahead and make a thread for everyone to post their local findings. I for one will be heading to the nearest Gander Mountain on Sunday to scope it out.
I was gonna do the same thing in sales and deals and ironically mine 15minutes away closed down almost a year ago cause lease issue so Sunday km driving 40 minutes away hoping to find some things I know the old. One near me sold everything even the mounts ha
They're still keeping quite a few stores open, despite going into chapter 11 bankruptcy. Not sure how that works, but here's a link to a list of stores staying open. https://mobile.twitter.com/GanderMtn
Handers deals by me were a joke 10% off...last week before They were closing they had 20% off. No real good deals to be found here
On 5/6/2017 at 9:48 AM, greentrout said:Gander Mountain Twitter with some stores staying open >>
https://twitter.com/GanderMtn
Latest more than 140 character fake news says all stores closing.
Hattiesburg Gander Mountain to reopen >>
WSFA TV >> http://www.wsfa.com/story/35353126/hattiesburg-gander-mountain-to-reopen
stopped by our local gander mountain (mooresville,nc) this morning and snooped around. big banner, going out of business. meh on the prices, however, i did purchase a couple of columbia 50 upf long sleeves @ 20% off.
We'll see. Someone said that they aren't discounting guns or ammo.
Well I guess I won't be getting the rebate I just sent in
Gander was purchased by Camping World
http://www.outdoorlife.com/camping-world-buys-out-gander-mountain
Just checked out my local Gander, discounts were only 10% for most fishing stuff. I was told they'll probably increase to max 30% around August.
On 5/6/2017 at 12:32 PM, IndianaFinesse said:They're still keeping quite a few stores open, despite going into chapter 11 bankruptcy. Not sure how that works, but here's a link to a list of stores staying open. https://mobile.twitter.com/GanderMtn
Not according to this new article.
http://www.charlotteobserver.com/news/local/article149059559.html
Quote
Under the latest move, the company said on its website that all 126 stores will close, including locations in Gastonia and Monroe. It wasn’t immediately clear when that would happen.
On 5/7/2017 at 12:22 PM, tcbass said:
Not according to this new article.
http://www.charlotteobserver.com/news/local/article149059559.html
I did some looking around online, and found reports of all stores closing to only half of the stores closing, and everything in between. The only thing everyone agreed on was that camping world bought out gander mountain on Friday (who filed for chapter 11 bankruptcy) and somewhere between 50% and 100% of the stores are closing.
My local gander already has a sign advertising closing sales, and that store is listed as on of the stores staying open on twitter, so I suspect that may not be an accurate list.
The emails I got the last couple days say ALL stores closing. Check the online site. It says the same thing. Went to one in Winchester VA yesterday. Got a gallon of Lucas 2-stroke oil for 20% off. Rods and reels are only 10% off, tackle is 15% off, and marine goods are 20% off.
I imagine the Salisbury, MD store will stay open. It seems to be busier that most of the other GM stores I have visited. The closest one to me, York, PA, looks to be staying open above.
On 5/7/2017 at 9:39 PM, RichF said:The emails I got the last couple days say ALL stores closing. Check the online site. It says the same thing. Went to one in Winchester VA yesterday. Got a gallon of Lucas 2-stroke oil for 20% off. Rods and reels are only 10% off, tackle is 15% off, and marine goods are 20% off.
At the very least, every single location is liquidating inventory. Imprecise language has created a ton of conflicting stories. Check the news that is featuring Marcus Lemonis' twitter. Lemonis' claims that many stores will remain open is firsthand news from ownership - for the time being, can't trust anything over that in my opinion.
Also should mention, the most recent email I got (this morning) was titled "Liquidation prices! Preparing for the new Gander Mountain."
gandermountain.com
here's all the info...
On 3/3/2017 at 12:24 AM, Mumbly said:
Spot on. I used to work in retail sporting goods. All our clothing was at least 100% markup.
wonder if I worked at the same one....
did it go out of business last year, by any chance?
nike and under armor were the real reason it died....we sold our collective souls to them.
They are all liquidating due to the bankruptcy. Not all stores are closing. Ours is one that will remain open.
On 5/6/2017 at 12:28 PM, gall said:I was gonna do the same thing in sales and deals and ironically mine 15minutes away closed down almost a year ago cause lease issue so Sunday km driving 40 minutes away hoping to find some things I know the old. One near me sold everything even the mounts ha
Are you talking about the Chambersburg one? The Sportsmans Liquidators close so if GM goes I may not have any reason to cross into PA.
Allen
Sorry I meant the York bur the email. I got it sounds like all of them are shutting down and I miss Sportsman liquidators so much
please disregard.......
I went to the Portage, Mi store yesterday. It is closing. most fishing stuff is 10-15% off right now.
The website says "Gift Cards accepted until 5/18". Is that May 18 of this year? Or is that May of 2018?
According the rather large graphic when you first go to their site it states all of their stores are closing.
On 5/8/2017 at 3:45 AM, jakebrake said:wonder if I worked at the same one....
did it go out of business last year, by any chance?
nike and under armor were the real reason it died....we sold our collective souls to them.
not the same place. this was a few years ago.
On 5/7/2017 at 10:09 PM, Kris2016 said:I imagine the Salisbury, MD store will stay open.
So far no one seems to know. They are liquidating inventory, but from the news reports even the employees haven't been told yet.
On 5/9/2017 at 1:37 AM, mllrtm79 said:So far no one seems to know. They are liquidating inventory, but from the news reports even the employees haven't been told yet.
I called my local Gander and they couldn't tell me whether they were staying open or not, but did mention that there is a big "Going Out of Business" banner across the front entrance.
This location literally just opened 8 months ago. I don't know what could possibly go into that building.. a pretty unique structure, like when mom and pop shops move their store into defunct pizza huts.
On 5/8/2017 at 11:27 PM, 5fishlimit said:According the rather large graphic when you first go to their site it states all of their stores are closing.
This is just a restructuring of the company by the new owners, Camping World. They purchased basically everything except the inventory. The inventory was bought by a liquidation company, this is their sale, not Ganders. Liquidation will run until a certain date (I have heard end of August) or until inventory runs out. The stores will then close and the stores that "make the cut" will eventually reopen with new inventory, same type of selection. So yes technically all of the stores are closing, but some will be reopened.
^^^^ you must live close to me....I know 2 former sports auth people that landed there...total gut punch for them.
I get the feeling that one will stay open.
On 5/9/2017 at 1:53 AM, thebillsman said:
I called my local Gander and they couldn't tell me whether they were staying open or not, but did mention that there is a big "Going Out of Business" banner across the front entrance.
This location literally just opened 8 months ago. I don't know what could possibly go into that building.. a pretty unique structure, like when mom and pop shops move their store into defunct pizza huts.
Update....5 in pa to remain open....Warrington didn't make the cut.
Definitely hard to make a buck in retail these days,especially when your competition is BPS, Amazon, and any other monster online retailer. For sure,Gander was late to the Internet market and that more than anything likely sealed their fate.
As someone already noted, overhead for brick and mortar stores will kill you unless you are competing only against other b&m stores. Not even close.
Eventually there will be even fewer stores to walk into than there are now,with the bulk of the business going to the most tech savvy retailers out there. That's the price we all pay for demanding lower and lower prices.
I've seen this pattern play out over the past 40 years with mom and pop music stores as well. Try to find a music store where you can walk in and buy a new $2500 Martin guitar and you'll look long and hard. Oh,they're out there, but fewer and farther between one another. When you're competing against online retailers who offer 40% off you don't have much of a chance,since your overhead won't permit you to offer such steep discounts.
It'll be interesting to see how all this plays out in the years to come.
On 5/8/2017 at 11:19 PM, reerok said:The website says "Gift Cards accepted until 5/18". Is that May 18 of this year? Or is that May of 2018?
That means a week from now. Better use them up.
According to a worker there my location is starting at 15% off and working their way up to 90% off by closing time. I splurged and took advantage of these deals and got a lot of great items. Then went back yesterday and go the new shimano stradic and a nice #8 rod! I will probably be back there 100 more times as the sales go up.
On 5/10/2017 at 4:24 AM, Buckeye Ron said:Definitely hard to make a buck in retail these days,especially when your competition is BPS, Amazon, and any other monster online retailer. For sure,Gander was late to the Internet market and that more than anything likely sealed their fate.
As someone already noted, overhead for brick and mortar stores will kill you unless you are competing only against other b&m stores. Not even close.
Eventually there will be even fewer stores to walk into than there are now,with the bulk of the business going to the most tech savvy retailers out there. That's the price we all pay for demanding lower and lower prices.
I've seen this pattern play out over the past 40 years with mom and pop music stores as well. Try to find a music store where you can walk in and buy a new $2500 Martin guitar and you'll look long and hard. Oh,they're out there, but fewer and farther between one another. When you're competing against online retailers who offer 40% off you don't have much of a chance,since your overhead won't permit you to offer such steep discounts.
It'll be interesting to see how all this plays out in the years to come.
True, it's happening to every type of business that sells goods.
Some will survive, a lot will not.
Ganders problem is they quit carrying everything. There selection is horrible. And musky baits really there are only a hand full of lakes with them and there are specialty shops for that. I remember going into gm as a kid and the selection was huge now it's tailored more to the person who fished say maybe 4-6 times a year. Why is it they can't carry high end gear but field and stream (dicks sporting goods) can
ok...the end is a few days away, and, the prices are still stupid.
pretty much wasted my time there last night.
(and, they don't understand why the went belly up?)
So I jusy got another email says keyword up to 40% off