The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.
Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .
Fri Jun 9, 2017
Speaking at Stephens 2017 Spring Investment Conference, Marcus Lemonis, chairman and CEO of Camping World, said the company is not only planning to reduce the amount of firearms in the reborn Gander Mountain stores but also vowed to underprice any nearby competition.
“The SG&A is going to be such that it will be very difficult for any competitor in the marketplace to be in that space where we exist to sell at the same price because their overhead will not simply allow it,” Lemonis said. "We have the ability to do it, particularly if there’s an RV dealership there," according to a story by SGB Media Online.
Elaborating on the decision to move Camping World into the hunt & fish space, Lemonis said the “only reason” Gander Mountain and its sister company, Overton’s, were acquired was to further increase its “dominance of the outdoor enthusiast” in its database and support its Good Sam services business. The Good Sam side includes club memberships, credit card services, warranty insurance, repair and other aftermarket services.
Additional Information: https://sgbonline.com/camping-world-will-seek-to-undercut-competition-with-new-gander-stores/