Gander Mountain bankrupt

All gift cards will expire May 18, 2017.

Bet the new CEO has a golden parachute.

http://www.nbc12.com/story/35359558/update-new-ceo-says-70-gander-mountain-stores-will-remain-open

Retail giants are dying, expensive costs, and not enough sales. Places like GM lease the most expensive property hoping to gain feet in the store. It does not work anymore, people expect quality, value, and can get that over the internet. Anything in GM can be bought over the internet for the same, or less. Guns are wayyyyy overpriced, and they will not deal. Mom, and pop gun stores will survive, and possibly even flourish.

I was actually just in the Portage, MI store yesterday, taking advantage of the sales. It was pretty busy. According to the manager, Gander was bought by Camping World, and most of the stores will close after liquidation for a remodel, then open back up under the new name. Guess we'll just have to see how it plays out.

http://www.mlive.com/news/index.ssf/2017/05/what_to_know_about_gander_moun.html#incart_river_home