Longitudes Group today announced the release of its bi-annual 2015 Market Trend Report on USA Off-Course Golf retail. The channel continues to be cut-throat all while consolidating as the effects of Worldwide Golf acquisition of Edwin Watts played out in 2014. The merger forced more than 40 Edwin Watts locations to close, significantly impacting the entire US Off-course channel. Longitudes Group tracked a net loss of stores in the channel at (-82) locations, a drop of 8.6%. In addition to the Watts closings, fifty plus closures of independent retailers shows the relinquishing of control to the well-funded few.
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Who’s minding the store anyway? Longitudes Group Profiles and Ranks the Top 17 Golf Retail Chains for 2014
Portland, OR – Longitudes Group announced today it has recently completed a new report for 2014 documenting the market profiles of the 17 largest off-course golf retail brands. It includes an in-depth look at the new acquisition made by Worldwide Golf last month of 49 locations of the 91 Edwin Watts stores in bankruptcy proceedings.
Longitudes Group today announced the release of its 2013 Sporting Goods Channel Golf Market Report. With over 17% of all golf industry sales being sold through this channel, golfers and manufacturers alike are experiencing the growing influence of this channel. Previously a proprietary report for clients, the report is being released as a syndicated report to the broader golf and sporting goods marketplace.