New Gander Mountain/Overton Benefit. Good? Bad? Indifferent?

DryCreek wrote:
Well, regionally there is a lot of competition here. Both Bass Pro Shops and Cabela's (now merged) have better prices, better selection and bigger stores. I can see why they failed here in Texas. I just can't believe how much higher their ammunition and firearms prices are compared to the competition. Even their outdoorsy-type stuff is much higher than their competition. A coworker has described Gander Mountain as "an overpriced Academy".

Maybe Lemonis can turn them around. If he does, and that adds one more spot welcoming overnight RVer's, well then that is a bonus for us all.

Gander Mountain was owned by the same company that owns Holiday Station Stores. This is a "Family" read dictatorial run company whose head at my last reading was in his 90's. While a younger generation is in charge of day to day operations.

This store was always a misfit for this company. And Holiday Gas stations are never the lowest priced and in fact are often higher than the competition in may markets. This is their basic strategy and it carried over to Gander.

The sale was long overdue for sure. The store is mostly regional or too scattered and facing tough competition. It is a perfect fit for GSE. This sale makes perfect sense from a business perspective I think. Whether GSE can make Gander a real competitor or not remains to be seen.