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Post by 10point on Mar 10, 2009 11:44:39 GMT -5
Just heard from a very reliable source that Sportsmans Warehouse in Lafayette is going to start running going out of business ads. Man that stinks!
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Post by Woody Williams on Mar 10, 2009 12:22:18 GMT -5
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Post by drs on Mar 10, 2009 12:32:17 GMT -5
Folks, I am afraid we're going to see a lot of BIG name Businesses go out this year.
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Post by 10point on Mar 10, 2009 15:27:22 GMT -5
Sportsman's Warehouse closing at Pavilions By Max Showalter • mshowalter@journalandcourier.com • March 10, 2009
A store that covers nearly 50,000 square feet of space at the Lafayette Pavilions shopping center will soon be going out of business.
Sportsman's Warehouse has announced plans to close its Lafayette store near the corner of Creasy Lane and Indiana 26 East sometime during the period between May 11 and May 24.
The store opened in August 2006, and a spokeswoman for the Midvale, Utah-based company said the closing was prompted by "mostly liquidation, to reduce bank debt."
Sportsman's Warehouse recently was purchased by UFA Co-operative Ltd., a Canadian firm with holdings that include retail stores and fueling stations.
The Lafayette store, which has 44 employees, is one of 23 being closed.
"Employees will be provided with at least 60 days notice, or pay in lieu thereof, in accordance with applicable state and/or federal law," said Stuart Utgaard, the company's chief executive officer. "It is hoped that these actions will enable the firm to go forward as a viable entity with approximately 2,300 employees."
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Post by lugnutz on Mar 10, 2009 17:18:30 GMT -5
I'm sure Gander mountain, Bass pro, and Cabela's are hurting their fair share as well. Awesome stores, selection out the wazoo, just expenive as heck on most of their items, johnny consumer aint paying those high prices for some time to come.
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Post by Hoosier Hunter on Mar 10, 2009 17:34:25 GMT -5
I'm sure Gander mountain, Bass pro, and Cabela's are hurting their fair share as well. Awesome stores, selection out the wazoo, just expenive as heck on most of their items, johnny consumer aint paying those high prices for some time to come. Dunno.... Two weeks Bass Pro in Clarksville was packed with satnding room only and all the checkout lines were open and long. People were spending.
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Post by TagTeamHunter on Mar 10, 2009 17:49:35 GMT -5
What is even worst than a Sport Store closing is the lost jobs. My prayers for the employees.
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Post by steiny on Mar 10, 2009 18:10:38 GMT -5
That stinks. Sportsmans warehouse is the best store of that type in the area. Guess I'll be doing more mail ordering.
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Post by indianahick on Mar 10, 2009 18:32:05 GMT -5
For those of you that are to young to know or remember Gander Mountain went bankrupt back in the 70's and closed down for a few years. At that time they were a catalog sales company only. But the closing of one sporting goods chain does not forebode well.
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Post by cambygsp on Mar 11, 2009 3:03:49 GMT -5
I'm sure Gander mountain, Bass pro, and Cabela's are hurting their fair share as well. Awesome stores, selection out the wazoo, just expenive as heck on most of their items, johnny consumer aint paying those high prices for some time to come. Dunno.... Two weeks Bass Pro in Clarksville was packed with satnding room only and all the checkout lines were open and long. People were spending. We were at the Clarksville Bass Pro Store on 02-28 and it was packed. They were having their spring fishing event and it really brought the folks out. My son wanted to fix any economic woes the store was having all by himself.
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Post by kevin1 on Mar 11, 2009 5:28:21 GMT -5
[ We were at the Clarksville Bass Pro Store on 02-28 and it was packed. They were having their spring fishing event and it really brought the folks out. I was just there yesterday, I wondered what that odd smell was... ;D It was busy when I was there too, a lot of items were out of stock, especially the .45 ACP I was after and many other calibers. Lots of restock tags on those shelves...
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Post by danf on Mar 11, 2009 6:52:04 GMT -5
The problem with SW is they couldn't keep the shelves stocked with BASIC stuff. From what I had heard, before they were bought out, they were having issues with getting credit from suppliers. Regardless of whether I "needed" anything or not, I tried to sneak out to SW every chance I get when I'm up that way.
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Post by chicobrownbear on Mar 11, 2009 8:40:42 GMT -5
Hornharvester loved that store.
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