peakbagger
In Rembrance , July 2024
Chapter 11 means that there is some hope that the business could be reorganized and continue functioning but not that far away from chapter 7 which is liquidate the assets and close the doors.
Log House Designs is still with us. Ragged Mountain Equipment is for sale if you want to hop into the game.There used to be a small firm in the Fryeburg area called Log Cabin Designs that made a lot of EMS gear. It was usually a good copy of the latest designs.
LL Beans did make sure they had some gear designed for the east coast. Congress Sportwear in Brunswick Maine made a lot of their higher end jackets like the Baxter State Park Parka. They like many firms had to battle the price versus durability battle. Places like Beans and to a lesser extent EMS had either an official or unofficial lifetime guarantee. The latest and greatest outdoor gear tends to be lightweight with cutting edge fabrics sometimes with minimal track record. Some of the UL stuff is built with little regard for abuse, look at it wrong and seams are going to open up, fabric will wear out and the latest and greatest coating system turns out to be non durable. The retailer with a generous guarantee is the one that usually eats that although reportedly Beans would backcharge vendors and threaten to blacklist them from future products. IMHO, despite having very good reasons to do so, when Beans dumped the lifetime warranty, they just became another expensive outdoor retailer.
I think the approach now is sell products as fashion merchandise with generous markup and then if something does get returned, sell it in factory sale at what is probably the stores original cost.
... Ragged Mountain Equipment is for sale if you want to hop into the game.
...
https://www.loopnet.com/biz/Busines...ley-staple-is-being-offered-for-sale/2220846/
The website is working again - that shows 21, but does NOT show the one in Albany that was closing (at first to move across the plaza) so that may be moderately accurate (maybe the post above got the number reversed?).Does anyone have a list of the open EMS stores?
Looks like Dick would rather go play Golf than go hiking. Who the heck was Bob?
Email just came advertising a total inventory blowout (20-60% off) at 15 locations:Does anyone have a list of the open EMS stores?
Was at Manchester NH today. Signs in the store say it is closing.Email just came advertising a total inventory blowout (20-60% off) at 15 locations:
Danbury CT
Burlington, Canton, Hadley MA
N Conway, Peterborough, Portsmouth, West Lebanon NH
Portland ME
Bridgewater NJ
Ithaca, Lake Placid, Saratoga NY
Warrington PA
Burlington VT
Not quite sure what that means, since it is more than the 12 suggested to continue, but also wouldn't leave 12 if you subtract those from the 21 on the site (the missing 6 are Waterford CT, Hyannis & Westborough MA, Freeport ME, Manchester NH and Deptford NJ).
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