Enter the Private Investor
Why equity firms are buying catalogs, and what it means to merchants who’ve been bought.
Thompson was Golfsmith’s senior vice president of merchandising and retail before being promoted at the time of the acquisition. “Given that the golf retail market is highly fragmented and consolidating, we believed then — and still do today — that there’s an opportunity to create The Home Depot, Best Buy or Barnes & Noble of golf retail by garnering 30 percent or more of the market.”
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