Gander Mountain - Competitors

Gander Mountain Competition

Now Viewing Gander Mountain's competition in: Sporting Goods Retailers (primary)

Recent Developments

Exports, Imports Increasing - US exports of sporting and athletic goods rose 7.8 percent in the first four months of 2008 compared to a year ago; imports rose 1.7 percent. High transportation costs and the weak US dollar are contributing to lower import volumes, and sporting goods retailers may be unable to rely on cheaper imports to boost profits as a result. Exports to Canada, the top destination for US-made sporting and athletic goods, rose 16.2 percent, while imports from seven of the top 10 suppliers of sporting and athletic goods to the US declined.

Website Changes Boost Reebok Sales - Online sales for sportswear brand Reebok increased 10 percent following the debut of its redesigned website in April 2008. Consumers using the site can create a personal profile based on their favorite sports and colors. Company officials say that more people are buying multiple items through the website due to the new design, which lets the company display the entire product range and suggest additional purchases.

Skateboarding Less Popular in US - The popularity of some forms of skating is declining in the US, according to the Sporting Goods Manufacturers Association. The number of Americans skateboarding declined 16.8 percent in 2007 compared to 2006; inline skating participation declined 12.2 percent. Sporting goods retailers may need to adjust inventories if the trend continues.

Competitive Landscape

Demand is driven by population demographics 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.

Full Industry Overview For Sporting Goods Retailers

Sporting Goods Retailers Industry Forecast

from Hoover's/D&B subsidiary First Research

US personal consumption expenditures for sporting equipment, footwear, guns, recreational boats, and aircraft, are forecast to grow at an annual compounded rate of 4.9 percent between 2007 and 2012.

Growth of Consumer Spending on Sport Equipment Slows

First Research forecasts are based on INFORUM forecasts that are licensed from the Interindustry Economic Research Fund, Inc. (IERF) in College Park, MD. INFORUM's "interindustry-macro" approach to modeling the economy captures the links between industries and the aggregate economy.