Camping World to close up to 37 Gander Outdoors stores
Article Media Click images to enlarge +
The company that acquired 69 former Gander Mountain outdoor fishing, hunting and camping retail stores is set to close up to 37 following a decision to return to its core business.
Camping World, the largest retailer of recreational vehicles (RVs) in the US, is moving away from its strategy of acquiring outdoor retail stores to create business synergies with its existing RV outlets.
The company has announced that it is to shift away from locations that do not have to ability to sell or service RVs. The move could mean 27 to 37 stores – now named Gander Outdoors – will be either sold, closed or relocated.
Marcus A. Lemonis, Chairman and Chief Executive Officer, said: “We believe the sale and servicing of recreational vehicles is our core and most important offering and, with the RV and outdoor consumer crossover, we believe there is an opportunity to continue growing our market share and improve our financial performance through the operation of locations with RV sales/service and, when feasible, our fishing, hunting and camping products.
“We will continue to open new RV dealerships under three banners – Camping World, Gander RV and Outdoors and Gander RV.