Enter the Private Investor
Why equity firms are buying catalogs, and what it means to merchants who’ve been bought.
In the United States alone, about 26 million golfers spend more than $5 billion each year on golf equipment, merchandise and accessories. “Our research indicates that we own about 5 percent of the market, which means we have the largest market share in golf retail,” says Jim Thompson, president and CEO of Austin, Texas-based Golfsmith.
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