2019 RVIA Economic Impact Study

The new RVs Move America Economic Impact Study, released June 3, 2019 at the annual meeting of RVIA, revealed the RV industry has an overall economic impact on the US economy of $114 billion, supporting nearly 600,000 jobs, contributing more than $32 billion in wages, and paying more than $12 billion in federal, state, and local taxes. The announcement was made by Garry Enyart, RVIA chairman, and Onan/Cummins Director of Mobile Generator Sales & Coach Care.

For more information on the $114 billion total economic impact and what it includes, click here.

Camping World Will Keep and Operate 57 Gander Outdoors Stores

Fri Jun 30, 2017

Camping World Holdings Inc. has said that it will operate nearly 60 Gander Outdoors and Overton's brand locations that it acquired earlier this year from Gander Mountain, which filed for bankruptcy in March.

At that time, Gander Mountain put its 160 stores up for sale. Camping World Inc., a subsidiary of Camping World Holdings, alongside a group of firms, bought the company's assets for about $400 million, The Wall Street Journal reported.

Camping World chairman Marcus Lemonis said at the time that the company would keep as many of its stores as possible. The company's original goal was to hang on to 70 stores, Lemonis said in the Friday release, but decided to keep 57 that demonstrated they "have a clear path to profitability."

The stores span across states including Wisconsin, New York, Texas, Michigan and Florida. Camping World expects to announce additional locations after it decides which stores to expand.

Camping World shares are unchanged in Friday trading, but down 5.6 percent for the year so far.

Additional Information: http://www.marketwatch.com/story/camping-world-holdings-to-operate-gander-outdoors-and-overtons-stores-after-gander-mountain-bankruptcy-2017-06-30