News & Interest
September 28th, 2009
The business cut in half – MarineMax to close more stores
Comments Offsoundingsonline.com – MarineMax continues to close stores in response to economic conditions and expects to have around 55 locations by October, president and CEO William McGill said in an e-mail to Soundings’ sister publication, Soundings Trade Only.
“With a market for new sales going from over 300,000 new units per year to estimates of around 130,000 this calendar year, it is prudent for MarineMax to adjust and right-size our company, not only from an inventory perspective, but also expense standpoint,” McGill said. Read more
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