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Joined: Mar 2002
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Sidelock
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Sidelock
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Joined: Mar 2002
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Keith, remember Margaret Thatchers quote that Socialism only works as long as you have other people's money to give away. We are nearing that tipping point where 50+% will be taking from an ever smaller number of tax payers. The system worked at 10% up to 40% but the baby boomers are about to all down size and retire. Vast amounts of tax incomes will be lost to the government to spend. The baby boomers will be taking more out in retirement than paying in taxes and nobody is looking at that elephant in the room.

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When Gander opened here in Geneva. It was the biggest store. I was buying about two to three guns a week. They had six guys working the gun counter and it was busy. They got a shipment of guns from one of their store that had a flood. It was hundreds of guns. The line was way down the mall waiting for them to open. All the guns were sold in 1 day. I had three friends working there and they would tell me when some good guns came in. After 1 year they cut the staff at the gun counter to two and they quit buying guns. When I ask one of my friends that still worked there, he was told to push clothes and not guns. They explained that they make 100% makeup on clothes and only 35% on guns. He was fired shortly after for trying to tell his boss that you have to get the people in the store with gun bargains and than they will buy the clothes. His boss told him he was wrong and fired him. I have been back a couple of times in the past 4 years, you could let off a shotgun in the main isles and not hit one person. It is a ghost town now.

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Originally Posted By: gold40

There are reports that Gander Mountain may soon file for bankruptcy.

Gander, known as one of America’s firearms superstores, operates 160 stores in 27 states, including several that opened in 2016 in Pennsylvania, Colorado and Texas. More than 50 stores opened in the last five years.

Their store in St. Louis never seems crowded, and has to also compete with a local Cabela's and Bass Pro. An O.K. store, with nice people, but few bargains.

gold40


I suppose we can conclude this topic by saying the number of costumers who consider it a status symbol to pay premium for same or similar items than the rest of us has dwindled to an infinitesimal uneconomic minority.

Joined: Oct 2010
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dal Offline
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The 'race to the bottom' regarding consumer product prices can only have one result....the search for cheaper manufacturing costs by our much needed corporations....ergo....offshore production. China will soon be in crisis as wages increase there. India and Pakistan will see a boom in the next decade as their population is ready and willing to work for less then the Chinese.

Investor want for greater profits also have a huge influence regarding offshore production.

Take Levis for example....they ended all North American production, and moved them offshore. Their costs were probably cut in half (or more) and yet the price of a pair of jeans stayed the same. Where did all that extra money go? Same as Ford, GM ect.

THERE IS NOTHING WRONG WITH THEM TRYING TO MAKE MORE MONEY AND CUT COSTS. THIS IS NOT A LEFTY/RIGHTY ISSUE. But there is a cost.

Money runs the economy, whether it's the consumer looking for a tube of tooth paste for 50 cents (meaning no homeland manufacturing is possible to meet that price), or investors looking for the best corporate profit margins. We are certainly shooting ourselves in the foot on both accounts.

Consolidation of corporate operations (mergers, buyouts, etc) have been occurring for centuries. That is one way to cut costs, by reducing redundancies, etc. The question is, will these savings be used to to increase workers wages, increase dividend payouts, or executive bonuses?

It's sad to see any store go under. It would be nice to know why Gander is.

just say'n.

P.S. - I agree with CB

Last edited by dal; 02/17/17 10:52 AM.

Life is too short to have a 'hate on' for so many things or people. Isn't it?
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