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Article: Major Sporting Goods Retailers to Benefit from Private Label Expansion, Sports Specialization and Other Industry Trends, Says Mercanti Group.
- Article from:
- Business Wire
- Article date:
- May 28, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In U.S., Large Retailers Represent only 23% of Sales but Mercanti Sees Potential for Growth
MINNEAPOLIS -- The U.S. sporting goods retailing industry, already a global major league industry that distributes a solid 45 percent of all global wholesale shipments, is poised for significant market consolidation and increased private label penetration, according to the investment banking firm The Mercanti Group.
In the firm's latest monthly Chronicle research report, Mercanti takes a hard look at what it estimates was at least a $110 billion retail business last year and the participation, demographic and spending trends that have and will continue to ...