20,000 Companies Occupy the $25 Billion Us Retail Sporting Goods Industry.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c35334) has announced the addition of Sporting Goods Noun 1. sporting goods - sports equipment sold as a commodity commodity, trade good, good - articles of commerce sports equipment - equipment needed to participate in a particular sport Retailers - Industry Profile to their offering. Brief Excerpt ex·cerpt n. A passage or segment taken from a longer work, such as a literary or musical composition, a document, or a film. tr.v. ex·cerpt·ed, ex·cerpt·ing, ex·cerpts 1. from Industry Overview Chapter: The retail sporting goods industry in the US includes about 20,000 companies with combined annual revenue of $25 billion. Large chain operators include Sports Authority Sports Authority is the USA's largest full line sporting goods retailer. The company is headquartered in Englewood, Colorado. It operates over 400 stores in 45 U.S. states under the Sports Authority name. Total sales for the fiscal year ending January 29 2005 were $2.44 billion. ; REI (a members' cooperative); and Hibbett Sporting Goods Hibbett Sporting Goods, Inc. is a subsidiary of Hibbett Sports, Inc., holding company that is publicly traded on the NASDAQ under the symbol HIBB. Hibbett is a full line sporting goods retailer headquartered in Birmingham, Alabama with over 600 locations in approximately 23 states. . The industry is highly fragmented: the 50 largest companies hold less than 50 percent of the market. Only about 150 companies have more than five stores. A typical store has $5 million of annual sales. COMPETITIVE LANDSCAPE Demand is driven by population demographics The attributes of people in a particular geographic area. Used for marketing purposes, population, ethnic origins, religion, spoken language, income and age range are examples of demographic data. and consumer income. The profitability of individual companies depends on merchandising and marketing skills. Large chains have an advantage in stocking a wide variety of goods. Small companies can compete successfully by carrying a deeper product line in specialized sports, or by serving a local market. The industry is fairly labor-intensive; average annual revenue per employee is about $130,000. PRODUCTS, OPERATIONS & TECHNOLOGY Major products are outdoor clothing and shoes, firearms This is an extensive list of small arms — pistol, machine gun, grenade launcher, anti-tank rifle — that includes variants. : Top - 0–9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A
Sporting goods stores vary according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. format and merchandise. Most chains operate stores of a single type. Large-format stores are from 20,000 to 100,000 square feet, stock a large number of items, and are typically found as anchor stores anchor store n. A large store, such as a department store or supermarket, that is prominently located in a shopping mall to attract customers who are then expected to patronize the other shops in the mall. in strip malls strip mall n. A shopping complex containing a row of various stores, businesses, and restaurants that usually open onto a common parking lot. Noun 1. or in stand-alone locations. Our easy-to-use, quarterly industry profiles provide you with the industry analysis you need to better understand any particular business. We synthesize To create a whole or complete unit from parts or components. See synthesis. information from hundreds of sources into an easy to digest format, giving you invaluable information about your target market, highlighting critical industry statistics and issues, changes that have taken place since the last quarterly update and key concerns that can have negative or positive impacts on investments. Utilizing the financial and forecasting data while simultaneously learning from educational business overviews can help you and your customers plan more effectively and invest wisely. Our industry reports will educate your sales team on critical industry trends in target markets, empowering them to create more strategic proposals. These industry reports are also essential for professional organizations that want make savvy, educated business decisions. We provide industry reports that are simple to use and help you understand the most important facets of industry trends and developments. This profile is updated quarterly. At time of ordering, you will receive the most recent edition. Topics Covered --Industry Overview --Quarterly Industry Update --Business Challenges --Trends and Opportunities --Call Preparation Questions --Financial Information --Industry Forecast --Website and Media Links --Glossary of Acronyms Companies Mentioned --Sports Authority --REI --Hibbett Sporting Goods For more information visit http://www.researchandmarkets.com/reports/c35334 |
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