Skip to comments.Sporting Gun Stores Aim for Steady Growth with Little Contraction
Posted on 03/24/2013 12:56:42 PM PDT by 2ndDivisionVet
A handful of specialized retailers that cater to highly selective outdoor and gun enthusiasts have defied the general retail downturn by posting strong sales over the past several years.
While recent media coverage and interest in guns has driven sales of guns and ammunition higher, these specialty retailers had reported strong sales long before the tragic and senseless events brought added attention to the sector. So much so that these sporting gun stores report sales are stronger now than ever.
From a commercial real estate perspective, the popular sporting gun retailers are attracting interest from owners of empty so-called big box stores. Although the retailers themselves are aiming for more selective store growth.
While Walmart and Kmart may sell more guns, specialty retailers such as Cabelas, Big 5 Sporting Goods and Gander Mountain devote more square footage in their stores to firearm sales. Notably also, in some cases they have become a natural fit for some of the nations vacant big box space.
The whole exercise for (the past) four years has been to position ourselves so that we could digest and manage profitable growth. There are mornings that I wake up and I think, it is unbelievable that we have a brand that is known everywhere I travel all over the world, and we only have 40 stores, Thomas L. Millner, CEO and president Cabela's Inc., said at the companys annual conference. Millner boasts of throwing the second best annual conference in the companys headquarters state of Nebraska - just behind Warren Buffetts.
The company has plans to open seven new stores this year: Columbus, OH; Louisville, KY; Grand Rapids, MI; Green Bay, WI, and two in Denver. Those openings dont take into account, Cabelas other store brand, Outpost Sports, which does not sell guns.....
(Excerpt) Read more at costar.com ...
Up here in the mountains we got thousands of hunters but WALMART don`t sell no guns here and hardly any ammo and no hunting arrows nor hiunting bows neither-for 9 years now—They are anti-second amendment
Agreed. Very true.
Perhaps you all live in the wrong part of town. They sell them here in the one across from the trailer park, but not in the stores in the rich neighborhoods.
And in the last two months... (Dec. 2012 and Jan. 2013)
popular sporting gun retailers are attracting interest from owners of empty so-called big box stores.
***I was in the biggest of big box stores ( WalMart ) yesterday, at Mountain View, CA in the middle of Silicon Valley. Guns are no longer for sale.
What state do you live in? I have a gun shop and there are states that I will not ship to, not do business n due to their laws. Walmart sells a crapload of guns all over the place in the state of Missouri where I currently live and in many other states.