bear archery group files bankruptcy

[raktrakr]

The parent company which includes Bear Archery, L.L.C. of Gainesville,
Florida, filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy
Court, Northern Division of Florida, earlier this month.

North American Archery Group, L.L.C. filed the petition for protection
and, according to an April 11 news article in the Gainesville Sun, plans
to reorganize the business which includes Golden Eagle/Satellite
Archery.

The companies experienced lay-offs earlier this year when revenues fell
short. The lay-offs numbered only 15, but touched the departments of
management, purchasing and distribution. No workers were laid off in the
manufacturing end of the company.

The company cited the financial problems at Kmart, one of the North
American Archery Group's biggest customers, as one of the reasons for
its difficulties. Accounts remain active with Wal-Mart and other large
retailers, however, and the company will also now work with smaller
retailers to further promote its line of archery equipment and supplies

[Highbow]

I realize that there are still several new hunters that get the idea of running out to Wal Mart or KMart to get their first bow but if they check around with anyone really serious about bowhunting or archery they soon find that to be competitive you need good dependable equiptment, so you buy on line from someone who provides great service or your local pro shop or e-bay. Some of these companies seem to forget that these stores are not the only place to find good equiptment.

[raktrakr]

couldnt agree with you more.besides,you cant get fitted properly for a new bow at wal-mart

[spurrs]

Sure you can get fitted at Wal-mart,the guy in sporting goods will tell you it should fit perfect for the price.Thank god for the little
guys and their pro-shops!