Nike Killing off the Mom and Pops??

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 5 years ago '04        #1
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badboy600 15 heat pts15
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Nike k!lling off the Mom and Pops??
 

 
Nike cuts ties with several local stores
04/12/2013 4:52 PM
By Esther Lee
Nike is giving the boot to several small, local retailers. Without explanation.

CBS3 first reported Friday afternoon that the athletic wear company told select area stores that as of June 30, their accounts are being cut off. The reason why remains unclear.

Business owners throughout the Philadelphia and Camden regions have received emails from the sporting apparel and footwear company saying that the retailer is "exercising its right to terminate your accounts." It's unknown whether Nike is taking the same approach with stores in other cities.

Keith Sherman, store manager of the three Real McCoy Athletic Footwear locations throughout the region (in Olney, on Cecil B. Moore Avenue and in Camden), says Nike products account for 75 to 80 percent of his store's sales. "Those numbers are staggering," he said over the phone Friday.

Even more mysterious is the manner in which Nike is handling the situation.

"We had scheduled a meeting at the Nike Headquarters in Portland, Oregon with our sales rep," Sherman said. "And that meeting was canceled that day — they wouldn't even see us," he added. The account termination email arrived in store owner William Chung's inbox shortly after the canceled meeting in Portland. The notice listed "no reasons whatsoever" as to why Nike was severing ties with the shop. Sherman says Real McCoy Athletic Footwear has been doing "good business" with Nike for over 23 years.

Currently, small "mom-and-pop" shops like Top Shoes, Center City Sports and Shoe Plus are among the only known stores affected.

Nike said in a statement released to CBS3:

“Nike is constantly evaluating its distribution needs with a view to enhancing its brand. This includes adapting our distribution strategy to the changes in our consumers’ purchasing behavior, the retail landscape, and our brand strategy.”

Nike did not return our request for comment on Friday. More to come.

visit this link Nike cuts ties with several local stores

49 comments for "Nike Killing off the Mom and Pops??"

 5 years ago '04        #2
jsmooth-117 12 heat pts12
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Gentrification
 5 years ago '08        #3
RokkyRok 50 heat pts50
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^what?

It probably has to do with shoes being sold early or resellers being able to grab FSRs.
 5 years ago '04        #4
badboy600 15 heat pts15 OP
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Nike has been doing a lot of strange things lately. Last month they decided not to send anymore launch product to outlet or Mills mall locations
 5 years ago '06        #5
Mike in Tampa 20 heat pts20
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Gentrification is a dynamic that emerges in poor urban areas when residential shifts, urban planning, and other phenomena affect the composition of a neighborhood. Urban gentrification often involves population migration as poor residents of a neighborhood are displaced. In a community undergoing gentrification, the average income increases and average family size decreases. This generally results in the displacement of the poorer, pre-gentrification residents, who are unable to pay increased rents, and property taxes, or afford real estate. Often old industrial buildings are converted to residences and shops. New businesses, which can afford increased commercial rent, cater to a more affluent base of consumers—further increasing the appeal to higher income migrants and decreasing the accessibility to the poor. Often, resident owners unable to pay the taxes are forced to sell their residences and move to a cheaper community.
 5 years ago '11        #6
darealvelle 96 heat pts96
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 badboy600 said:
Nike has been doing a lot of strange things lately. Last month they decided not to send anymore launch product to outlet or Mills mall locations
do you know why?
 5 years ago '04        #7
badboy600 15 heat pts15 OP
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 darealvelle said:
do you know why?
Nah. I talked with a couple of my homies at grapevine mills in Dallas and arundal mills here in Md and they both told me Nike cut off all the shoe stores in the mall. No more launch heat
 5 years ago '11        #8
whitesand 46 heat pts46
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Kinda glad. Evens out the playing field a lil better
 5 years ago '05        #9
TheChampIsHere! 
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I was just in the real mccoy store on cecil b moore at temple univ. last tuesday. it probably has to do with them selling J's at resellers prices. HGG's was going for $250....ahahaha....good riddens!
 5 years ago '05        #10
BronxBombers 195 heat pts195
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Yeah...My Spots Used To Get Every J's And Foams Release..

Now Its a Headache For Them To Get a Delivery
 5 years ago '11        #11
darealvelle 96 heat pts96
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 badboy600 said:
Nah. I talked with a couple of my homies at grapevine mills in Dallas and arundal mills here in Md and they both told me Nike cut off all the shoe stores in the mall. No more launch heat
sneaker game is getting fu*ked up. Sorry to say in the future if n*ggaz don't have a connect at these shoe stores, they gonna be missing out on high profile releases.
 5 years ago '08        #12
iPunish901 12 heat pts12
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good



mom and pop stores basically dont exist here, so im salty.
 04-13-2013, 03:51 AM         #13
BayArea51 
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 5 years ago '07        #14
Jayceon 492 heat pts492
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thread title is a dumb fu*kin question. it is the objective of every huge corporation to replace every mom and pops with a store of their own competing sh*t. what? u think they're gonna try n put adidas outta business. ain't gonna happen. so u k!ll what u can.
 5 years ago '04        #15
shookid 
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mom and pop stores sell early at a huge markup n hold the sneakers for their best customers. good riddance. i still have my connect.
 5 years ago '10        #16
Hovi Bryant 676 heat pts676
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I have no sympathy. I'm sure Nike cracked down on the shady businesses and hopefully left the legit ones standing. If not, oh well.
 5 years ago '11        #17
whitesand 46 heat pts46
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 NO RELIGION said:
Good! I had enough these f*ggits with rigged raffles.
 shookid said:
mom and pop stores sell early at a huge markup n hold the sneakers for their best customers. good riddance. i still have my connect.
 Hovi Bryant said:
I have no sympathy. I'm sure Nike cracked down on the shady businesses and hopefully left the legit ones standing. If not, oh well.
 5 years ago '11        #18
whitesand 46 heat pts46
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I hope Walters in ATL is next. fu*k n*ggas stay tryna pull some fugazi sh*t
 5 years ago '10        #19
G Code 42 heat pts42
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every big company k!lls off mom & pop stores
 5 years ago '04        #20
1nonly 15 heat pts15
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 G Code said:
every big company k!lls off mom & pop stores
This sums it up pretty much.

or just out right buys them like Walmart.

I know this, Nike isn't doing this if it's not in their best interest, whatever that may be
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