Di-k's Sporting Goods is significantly scaling back its golf business. The company recently laid off over 500 PGA professionals and is now considering closing a substantial number of its Golf Galaxy stores. This move comes as Golf Galaxy's same-store sales have seen a significant decline. The restructuring has resulted in a considerable financial charge for the company in the last quarter. These changes are attributed to current and anticipated trends within the golf industry.
Pittsburgh, Pennsylvania
https://golfwrx.com/239847/di-ks-sporting-goods-may-close-many-of-its-golf-galaxy-stores/