Retail
Where Do People Spend the Most on Sports Gear: Lululemon or Nike?
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Sporting goods are expensive. Camping gear, running shoes, yoga pants, golf clubs, the list of sports-related goods is practically endless, and shoppers can spend anywhere from a lot to a little to gear up for their favorite sports. Where do they spend the most?
A recent analysis by researchers at Perfect Price combed through billions of credit card transactions to find out how much shoppers actually spend on a visit to sporting goods stores owned by Lululemon Athletica Inc. (NASDAQ: LULU), Nike Inc. (NYSE: NKE), Foot Locker Inc. (NYSE: FL) and Dick’s Sporting Goods Inc. (NYSE: DKS). The researchers also looked at stores that don’t trade publicly like North Face, Patagonia, REI and LL Bean. General department stores like Wal-Mart and Target were not included, but direct sales to consumer on-line are.
The 10 sporting goods stores where shoppers spend the most per trip are:
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