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| '''Gander Mountain Company, Inc.''' is headquartered in ] and is a retail network of stores for ], ], ], and other outdoor recreation products and services. '''Gander Mountain Incorporated''' began as a catalog-based retailer in ]. Wilmot is located near Gander Mountain, the highest point in ] a short distance across the state line. As of March, 2017 the chain has 162 stores in 27 states |
'''Gander Mountain Company, Inc.''' is headquartered in ] and is a retail network of stores for ], ], ], and other outdoor recreation products and services. '''Gander Mountain Incorporated''' began as a catalog-based retailer in ]. Wilmot is located near Gander Mountain, the highest point in ] a short distance across the state line. As of March, 2017 the chain has 162 stores in 27 states,<ref name=Jones>{{cite news|last1=Jones|first1=Charisse|title=Gander Mountain latest sports retailer to fail|url=http://www.usatoday.com/story/money/2017/03/13/gander-mountain-latest-sports-retailer-fail/99116236/|accessdate=March 14, 2017|publisher=USA Today|date=March 13, 2017}}</ref> making it the largest chain of outdoors specialty stores in the United States.<ref>http://www.startribune.com/gander-mountain-responds-to-bankruptcy-rumors/413849013/</ref> | ||
| In the 1990s the company sought bankruptcy protection and began to rebuild its business once it emerged. In 1996 it sold its mail order division and then later acquired the watersports company Overton's in order to relaunch its mail order business.<ref name=orrick>{{cite web|last=Orrick|first=Dave|title=Gander Mountain sues Cabela's over web addresses|url=http://www.twincities.com/business/ci_24729213/gander-mountain-sues-cabelas-over-web-addresses|publisher=TwinCities.com, Pioneer Press|accessdate=16 December 2013}}</ref> The company declared bankruptcy in March, 2017 with plans to close 32 stores <ref name=Jones/><ref>{{cite news|title=Gander Mountain is closing 32 stores: Is yours on the list?|url=http://www.usatoday.com/story/money/2017/03/13/gander-mountain-bankruptcy-store-closings/99125958/|accessdate=March 14, 2017|publisher=USA Today|date=March 14, 2017}}</ref> | In the 1990s the company sought bankruptcy protection and began to rebuild its business once it emerged. In 1996 it sold its mail order division and then later acquired the watersports company Overton's in order to relaunch its mail order business.<ref name=orrick>{{cite web|last=Orrick|first=Dave|title=Gander Mountain sues Cabela's over web addresses|url=http://www.twincities.com/business/ci_24729213/gander-mountain-sues-cabelas-over-web-addresses|publisher=TwinCities.com, Pioneer Press|accessdate=16 December 2013}}</ref> The company declared bankruptcy in March, 2017 with plans to close 32 stores <ref name=Jones/><ref>{{cite news|title=Gander Mountain is closing 32 stores: Is yours on the list?|url=http://www.usatoday.com/story/money/2017/03/13/gander-mountain-bankruptcy-store-closings/99125958/|accessdate=March 14, 2017|publisher=USA Today|date=March 14, 2017}}</ref> | ||
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| Gander Mountain was formerly traded on NASDAQ but was turned into a private company under the majority ownership of David Pratt and the Erickson family,<ref>{{cite news| url=http://www.forbes.com/lists/2006/21/biz_06privates_Holiday-Cos_UL9J.html | work=Forbes | title=#204 Holiday Cos}}</ref> which own Holiday gas stations. | Gander Mountain was formerly traded on NASDAQ but was turned into a private company under the majority ownership of David Pratt and the Erickson family,<ref>{{cite news| url=http://www.forbes.com/lists/2006/21/biz_06privates_Holiday-Cos_UL9J.html | work=Forbes | title=#204 Holiday Cos}}</ref> which own Holiday gas stations. | ||
| ] ] was elected Chairman of the Board in December 2006 |
] ] was elected Chairman of the Board in December 2006. Pratt was elected as a director of Gander Mountain in August 2005 and named Vice Chairman of the Board in December 2005. The ] is Jay Tibbets.<ref>{{cite web|title=Company Overview of Gander Mountain Company Inc.|url=http://www.bloomberg.com/research/stocks/private/people.asp?privcapId=8927082|website=Bloomberg|accessdate=March 14, 2017}}</ref> | ||
| == Operations == | == Operations == | ||
Revision as of 17:10, 30 March 2017
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| File:Gander Mountain logo.png | |
| Company type | Private |
|---|---|
| Industry | Retail |
| Founded | Wilmot, Wisconsin, USA (1960) |
| Founder | Robert Sturgis |
| Headquarters | Saint Paul, Minnesota |
| Number of locations | 162 |
| Key people | David Pratt (Interim CEO, Chairman) Robert Vold (CFO, Treasurer) Derek Siddons (President |
| Products | Apparel, Equipment, & Accessories for: Hunting·Fishing·Camping·Outdoor Recreation |
| Revenue |  $1.06 billion (2008) |
| Net income | -$15.4 million (2008) |
| Number of employees | 5,606 (2,325 full-time) Jan '09 |
| Website | www.GanderMountain.com |
Gander Mountain Company, Inc. is headquartered in St. Paul, Minnesota and is a retail network of stores for hunting, fishing, camping, and other outdoor recreation products and services. Gander Mountain Incorporated began as a catalog-based retailer in Wilmot, Wisconsin. Wilmot is located near Gander Mountain, the highest point in Lake County, Illinois a short distance across the state line. As of March, 2017 the chain has 162 stores in 27 states, making it the largest chain of outdoors specialty stores in the United States.
In the 1990s the company sought bankruptcy protection and began to rebuild its business once it emerged. In 1996 it sold its mail order division and then later acquired the watersports company Overton's in order to relaunch its mail order business. The company declared bankruptcy in March, 2017 with plans to close 32 stores
Management
Gander Mountain was formerly traded on NASDAQ but was turned into a private company under the majority ownership of David Pratt and the Erickson family, which own Holiday gas stations.
Chairman of the Board David C. Pratt was elected Chairman of the Board in December 2006. Pratt was elected as a director of Gander Mountain in August 2005 and named Vice Chairman of the Board in December 2005. The Chief Executive Officer is Jay Tibbets.
Operations
Gander Mountain offers a wide array of sportswear for men, women, and children, camouflage and field wear, kayaks and canoes.
Gander Mountain sold its mail order business to Cabela's in 1996 with a no-compete clause. In 2007 it won a lawsuit brought by Cabela's to resume online sales. On December 6, 2007, the company announced it purchased boating and watersports catalog company Overton's for $70 million from a private-equity firm. The purchase of Overton's, based in Greenville, North Carolina, helped Gander Mountain's transition back into direct marketing.
In December 2013 Gander Mountain brought suit against Cabela's claiming that the competitor was illegally using domain names related to its business. The lawsuit accuses "Cabela's of violating federal and state statutes as well as common law." Additionally Gander claims that Cabela's is in violation of the federal Anticybersquatting Consumer Protection Act, trademark infringement and trademark dilution.
Locations
As of March 2017 the company has 162 stores operating in 27 states. Gander Mountain's "large-format" stores range in size from 50,000-120,000 square feet and offer customers a unique experience. Physically, and visually, the stores are met with wider shopping aisles, high-joist ceilings, brick and stone accents, log-wrapped columns, and other wilderness related decorations.
Gander Mountain online store officially opened in August 2008.
Gun sales
Gander Mountain calls itself the top seller of new and used firearms in the U.S. Starting in 2010, it has opened six Gander Mountain Academy and Firearms Supercenters, where it estimates that over 250,000 people have received training.
James Holmes, convicted of the 2012 Aurora shooting in which 12 people were killed and 70 were injured, bought two of the four firearms he used in the attack at Gander Mountain stores.
In 2014, the company was sued by the families of four firefighters killed by the perpetrator of the 2012 Webster, New York shooting using a gun purchased from Gander Mountain. The families argued that the retailer should have known it was an illegal straw purchase. The purchaser was convicted of the crime and sentenced to eight years. As of October 2015, the lawsuit was still outstanding.
See also
- Academy Sports + Outdoors
- Bass Pro Shops
- Cabela's
- Dick's Sporting Goods
- Legendary Whitetails
- REI
- Scheels All Sports
- Sportsman's Warehouse
References
- ^ "Gander Mountain SEC Form 10-K" (pdf). Retrieved 2009-12-27.
- ^ Jones, Charisse (March 13, 2017). "Gander Mountain latest sports retailer to fail". USA Today. Retrieved March 14, 2017.
- http://www.startribune.com/gander-mountain-responds-to-bankruptcy-rumors/413849013/
- ^ Orrick, Dave. "Gander Mountain sues Cabela's over web addresses". TwinCities.com, Pioneer Press. Retrieved 16 December 2013.
- "Gander Mountain is closing 32 stores: Is yours on the list?". USA Today. March 14, 2017. Retrieved March 14, 2017.
- "#204 Holiday Cos". Forbes.
- "Company Overview of Gander Mountain Company Inc". Bloomberg. Retrieved March 14, 2017.
- "Gander Mountain president says St. Paul-based chain takes outdoors advocacy and training seriously".
- "Colo. shooter purchased guns legally from 3 different stores". Retrieved 2016-07-03.
- "The weapons Holmes used and how he bought them". 21 July 2012.
- Carbone, Nick. "Colorado Theater Shooter Carried 4 Guns, All Obtained Legally" – via newsfeed.time.com.
- Pelisek, Christine; Shapiro, Eliza (21 July 2012). "How Alleged Colorado Shooter James Holmes Bought His Guns".
- Press, IVAN MORENO, Associated. "Authorities: Suspect bought guns in last 2 months".
{{cite web}}: CS1 maint: multiple names: authors list (link) - ^ "Gander Mountain sued for selling gun used to kill N.Y. firefighters".
- "Milwaukee verdict breathes life into state gun litigation".
External links
Categories:- Companies based in Saint Paul, Minnesota
- Economy of the Eastern United States
- Economy of the Midwestern United States
- Economy of the Southwestern United States
- Sporting goods retailers of the United States
- Companies established in 1960
- 1960 establishments in Wisconsin
- Privately held companies based in Minnesota
- Firearm commerce