What is the Hiking and Outdoor Equipment Stores industry?
Over the five years through 2015-16, the performance of the Hiking and Outdoor Equipment Stores industry has been affected by adverse demand conditions. Despite generally strong economic conditions, many industry operators have failed to attract new customers and bolster their revenue performance. Furthermore, although the number of average weekly hours worked is expected to decline over the period, consumers extra leisure time has often been spent on other forms of recreation, such as personal fitness and digital media. Industry retailers have also faced strong price- and product-based competition from a range of external players, including department stores, clothing and footwear retailers and pure-play online players... purchase to read more