Saturday, April 4, 2009
Sportsman's Warehouse
Last week, Sportsman's Warehouse filed for chapter 11 bankruptcy. Apparently the chain is yet another victim of a shrinking consumerism-based economy. Judging merely by the scarcity of reloading components on the shelves of the Colorado Springs store, I am not surprised. The scarcity makes me believe they should be called Sportsman's Wherehouse.
I first became aware of Sportsman's Warehouse after I stumbled upon one in Denver about five years ago. The store had a fantastic selection of shooting goods, as well as many other things outdoors related. When Colorado Springs finally got a store, I looked forward to it with anticipation and, for a while, I was not disappointed. But after a couple of years, some cracks started to show. Reloading supplies began to be stocked with increasing irregularity and spots on the shelves for the more popular items would stay bare for weeks on end, and this was long before the current buy-it-all-now-'cause-they're-gonna-ban/hyper-tax-it ammo hysteria.
I'm not sure who was handling the supply logistics for the store/chain, but their incompetency during the good times was painfully evident. As everyone with even a cursory understanding of how to run a business knows, keeping a ready and steady supply on hand of products, especially popular ones, is crucial to the bottom line and to the long-time survival of the concern.
Maybe this bankruptcy reorganization will help SW get its act together and, once the ammo hysteria dies down a bit and ammo makers can catch up on backorders, become a successful retailer. But the pessimist in me says that is unlikely, particularly if some changes are not made in upper management and the usual way of doing business.
There, see how easy that fix was? I'll tell you, the problem with the world is that it doesn't have me to run it. For example, I can fix the US economy with just the few following words: STOP SPENDING MORE THAN YOU MAKE, AND ALWAYS VOTE FOR LIBERTY FIRST (making the huge assumption that you have a clue what liberty is), NOT A PARTY, MORONS! (Actually, there's a bit more to it than that, but those are the roots of most of the problem.)
Take care.
DAL357
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