Golfsmith

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If you're traveling with golf clubs, you'll need a a good travel bag, especially if you're going by airplane. Safety regulations require that travelers check their clubs, rather than carrying them onboard. There are three types of golf bag: soft-sided, hard-sided and hybrid. The ...

Assembling a golf club is a great project for the do-it-yourself type. You can purchase clubheads, shafts and grips individually to assemble clubs that fit your unique needs. The process is fairly straightforward, though it does require some patience, and you will improve your ...

The Pleasanton, CA Golfsmith store is now Golf Galaxy! Golf Galaxy offers an unbeatable selection of the latest golf equipment, custom club fittings and repair, and expert advice …

Golfsmith International Holdings Inc. was a golf specialty retailer based in Austin, Texas . Each store, along with golfsmith.com, housed a wide selection of golf clubs, shoes, apparel, gadgets and gear from all the major brands as well as proprietary offerings. They also offered custom club fitting, lessons and services for golfers.

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A few different factors contributed to Golfsmith's bankruptcy, the primary factor being Golfsmith not slowing store openings as its business began to decline. Golfsmith was opening dozens of stores yearly during the 00's while golf was seeing an increase in popularity--mostly attributed to Tiger Woods. Golfsmith took this opportunity to establish itself as the largest golf retailer in North America (164 stores before the bankruptcy). The stores Golfsmith operated were 15,000-40,000 sq. ft each (the average being 23,000 square feet). This led to expensive operating costs, which hurt the company, especially when the golf business began to weaken. Massive amounts of inventory sat in Golfsmith stores losing value as the newer models came out. This was the reason Golfsmith owed $5. 5 million to Callaway Golf Co. , $5. 1 million to Taylormade Golf Co. Inc. , $3. 5 million to Nike, $2. 3 million to PING Inc. and $2. 1 million to Titleist. Golfsmith CEO David Roussy blamed "a recession-driven decline in golf participation and an oversized brick-and-mortar retail presence" for its situation. Golfsmith was purchased at auction by Dick's Sporting Goods. Most Golfsmith stores closed on December 28, 2016. Any remaining Golfsmith stores were converted to Dick's Sporting Goods' Golf Galaxy brand. Hilco Liquidation purchased approximately 80 million dollars of Golfsmith's inventory for approximately 8 million dollars. This led to steady price discounts of everything in the stores, including clubmaking shop tools, hitting bays, shelves, and other fixtures. Hilco dropped prices up to 95% off the original retail price in the final hours of operation.

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