Galyan's closing.

Post by **dhoyne** » Tue Jun 22, 2004 3:18 pm

Dammit, Dick's Sporting Goods bought out Galyans. Dick's doesn't carry any climbing gear, has shitty camping gear, and no climbing wall.

Post by **lordjim_2001** » Tue Jun 22, 2004 3:19 pm

Watch for the sale flyers!!!!

Post by **squeezindlemmon** » Tue Jun 22, 2004 4:05 pm

The one aisle of overpriced climbing gear at Galyans (except for Fixe hangers) is almost the same as not carrying any climbing gear.

Is Dick's really going to take down every single wall on every Galyan's store? I'm not so sure about that...... If anything, all the Galyans will probably just be in business under a different banner. Although there is the conflict of having two stores within 50 feet of each other...

Post by **pianomahnn** » Tue Jun 22, 2004 5:08 pm

What the hell is with companies selling themselves to other companies?

Fucking pansies.

Post by **dhoyne** » Tue Jun 22, 2004 5:11 pm

squeezindlemmon wrote: Although there is the conflict of having two stores within 50 feet of each other...

Yeah, not quite sure why they would put up a brand new building, then buy the one a block away from it.

I'm not sure of their long term plans yet, but it mentioned in the Indy Star:

"Dick's executives expect the Galyans names will come off its 47 stores by mid-2005, months after the merger's expected completion in October. It wasn't clear Monday how many stores would be closed where the two retailers compete in close proximity, as they do in three Indianapolis-area communities, or how many jobs will be eliminated."

Oh hey, good news:
"Dick's intends to weed out Galyans lifestyle items, such as sun dresses, but keep the Galyans rock-climbing walls as it focuses on sporting goods, he said."

Post by **Meadows** » Tue Jun 22, 2004 5:25 pm

How will I live without the Galyan's clearance center??!!! Damn it!

Post by **squeezindlemmon** » Tue Jun 22, 2004 5:32 pm

Hey, Meadows, remember this Friday is last Friday for this month.... am I going to see you at Galyans?

Post by **Meadows** » Tue Jun 22, 2004 5:39 pm

Yup, I am definitely going there.

BTW, does anyone know exactly when Gs will close? I didn't get to read the article.

You know, DHoyne and Geezer, Gs is where we all met!!

Post by **unk** » Fri Jun 25, 2004 5:54 pm

pianomahnn wrote:What the hell is with companies selling themselves to other companies?

Fucking pansies.

They make $$$ buying out the debt of losers, than transferring that same debt at a better rate to others (consumers, another company, shareholders, etc.)

I have nothing against big box retailers and thier penial-implant wars. I just wish the little shops could hold ground during the upcoming outdoor retail shakeups in the next decade.....

Many will not "close", but will be converted....it is one way for Dick's to get into marketplaces, such as Las Vegas, where they do not et have a toe-hold yet. They buy is at deflated prices by taking on the debt of a distressed retailer.

Good locations out there......

Post by KD » Sun Jun 27, 2004 8:08 pm

welcome to the Bushenomic age - the big corp. eat the small ones up so the working consumer can't get a break. Same thing at the gas pumps. saw the same stuff during Nixon in the 70's. Time will clear it up as soon as the voters get tierd and a new cycle gets going.