One of its kind (PIAS) is the sporting goods chain store for selling brand new as well as lightly used goods. It was founded in the year 1983 by a resident of Minneapolis, MN, the United States, named Martha Morris. Then soon play it again sports locations started increasing to several many stores. At that time, Martha took a deciding and equally hard decision to sell the play it again sports US chain in 1988. It became the front lead franchised by the well-known Winmark Corporation.
Year after year, the growth is just inevitable, as Winmark adopted the PIAS, Brand to establish its massive value in the retail corner that has been continuing to serve a crucial function all around North America. After installing with the Winmark Corporation, the sporting equipment chain store has grown around over 400 stores across the United States and approximately 43 stores in Canada. All the stores are autonomously controlled, maintained, owned, and managed.
Play It Again Sports: A Storm Industry Force
Can you guess that how enormous is the fitness retail market? It was concluded in the year 2016 that the deals of sporting goods accessories, health-fitness facilities, and footwear sheared of around Eighty Billion dollars in the United States of America single-handedly. From this, you can imagine that how huge the play it again sports US Goods Industry has become over the years. With the Covid-19, on the other hand. Many of us have realized how important it is to take care of ourselves and be Fit and be health-conscious. Only the fittest of all can live a happy life. Recently, Joe Biden has also appealed in social media where the vaccine is in place that. ‘let’s be kind to each other and respect those people that wear masks as we will win when we support each other.’
The uniquely designed new and comfortable-feasible quality product range of used catalog, their vast and meaningful product understanding and knowledge, sectionally maintained and privately owned stores with delivering supremely efficient customer services. The PIAS label has established itself as an essential and influential personality in this field (because of its vigorous handling of franchising) over the past 30 plus years.
“Going forward, we intend to focus all of our resources on enhancing our leadership position in the large and growing resale market. We have determined that running off the existing portfolio will maximize value for our shareholders.” Said Brett D. Heffes, chairman and CEO.
Why Play It Again Sports is different?
- As they deal in brand new sporting goods and old ones too, their stores offer 60% off on new commodities and about 40% offer on the used one. Eventually creates a different and best combination for their consumers, granting the ideal deal with a complete solution to fitness needs. play it again sports locations have this motto to satisfy consumers’ fitness and health care/ fitness needs.
- PIAS with their unique formula, offer savings to the consumers. As in providing consumers discounts who trade in their prevailing sporting gears in each session for something new.
- The services by play it again sports US is promising as they believe that in exchange for used workout and fitness equipment paying money on the spot to the customers.
- With providing bumper valuable discounts of around 40- 90% off on the purchase of quality used health and fitness goods. This discount has a special place in all the play it again sports locations across states.
- An organization surrounded by knowledgeable experts means that the industry is in great hands. As with play it again sports US, it has the same policy that they believe in product proficiency. They seek the selling experts in the industry with their franchise, and many of the owners are active workout athletes.
- Leading the way up front by providing top-notch customer services. Helping in every step, setting and guiding the way throughout in all possibility.
- Play it again sports locations is all set to come up with an e-commerce station that will allow our stores to support and sell our new and used gaming goods on a daily basis.
Net Income and Groundbreaking Achievements
The brand has thoroughly pushed itself in across new possible territories with the help of partnerships. Most importantly, franchisees that are equally energetic and passionately flourishing the association wholeheartedly about the sports. With that kind of influence and clarity with approximately 300 play it again sports US in North America. In conclusion, that number rises to as much as 90% when you put theory to practice. They have become a renowned and most notable brand for new and used sporting goods retailers in the whole region. With the prominent reach of remotely owned, operated, and served chain stores. Partnering with franchisees that are equally enthusiastic regarding games in society and can constantly involve consumers.
The net income for the 1st quarter ended March 27th, 2021; Winmark Corporation, the father of play it again sports US, reported $9.31 million, or $2.40 per share. After that comparing to the net income of $7.32 million as of March 2020 last year.
Under the banners like Plato’s Closet, Once Upon A Child, Style Encore, and Music Go Round on March 27, 2021. Winmark operated approximately 1,264 franchises (which is a big achievement in consideration of the course of time). Moreover, supplementary around 32 retail franchises have been granted but are not functioning yet. The play it again sports US is not just functioning in the United States but also covers Canada. Most Importantly, one can Contact your local store and learn about the current offerings and buying for this summer season.
Brett D. Heffes, CEO and Chairman, stated that “The resiliency of our business model consolidated with the remodeling execution of our franchisees led to outstanding first-quarter results. For the next quarter, we are fully prepared to have another successful one.”
Buying, Selling, and Trading
play it again sports US deal with world-famous renowned brands and labels like Adidas, Allison, All-Star, Axe Bats, Augusta, Baden, Badger Sportswear, Bownet, Champro, deBeer, Demarini, Easton, Evo Shield, Franklin, G-Form, Lizard Skins, Louisville Slugger, Marucci, Miken, Mizuno, Nike, PowerNet, Rawlings, Rip-It, Tanner Tees, Under Armour, Wilson, and Worth. Coming up in partnership with more brands in the near future.
Providing the flexibility of ‘All Day and Everyday facility,’ The sports goods company believes in the ideology of understanding and valuing the comfort of consumers with no prior necessary appointment required.
Buy, sell and trade the used sporting gears or fitness gears that are no longer in use. According to the seasonal requirements play it again sports locations purchases a broad different variety of goods and stock up as to consume new stuff in their store. play it again sports US came up with this idea from the day to day life as when parents buy games equipment for their children they work with it. But, there comes a time when the child tends to grow, and that fitness equipment is no longer in use further, so they throw it into the dustbin. So, PIAS thought about it and decided to consider all types of gyms and workout products from all age groups, which is just a great and sustainable development idea. Hence, athletes of all ages have a place to sell their qualitative used gear.
So, this process works in the following three steps-
- Bring It To PIAS- Collect and gather all the sports/ health and fitness equipment that isn’t in use anymore. Bring it without taking any prior appointment.
- PIAS Team Will Check It Out- For the further process, check and browse about the user and the new gears that are currently in store. So, that the play it again sports locations team will go through the gear submitted and will review based on its condition and demand in the industry.
- Get Paid Accordingly- After the reviewing process, the play it again sports locations team will get back to you. Also, provide the best offers on the selected items or goods of yours. Then after that, within no time, I will do the payment on the spot!
The other Sporting Goods retailers like Dicks sporting goods, Big 5 sporting goods, Academy sports and outdoors, Dunham’s sports, Target sports the USA, Rogers sporting goods, Go power sports, Eastern mountain sports, and Modell’s sporting goods. Although these brands have established their market and have gained the optimum level of profit out of it. But, these brands only sell new products, which are considered as a drawback when compared with a chain store revolutionary brand like play it again sports locations. Now, we will further proceed into checking out what all kind of fitness exercise activity that the brand is dealing in.
Fitness and Activities Ranges From
- Baseball & Softball
- Ice Hockey
- Ice Hockey Skates
- Racquet Sports
- Downhill Skiing
- Exercise & Fitness
- Winter Outerwear
- Water Sports
- Ice Hockey Goalie
- Disc Golf
- Track & Field
- Field Hockey
- Inline Skates
- Camping & Climbing
- Cross Country
- Ice Hockey Sticks
- Athletic Apparel
- Martial Arts
- Street Hockey
- Toys & Games
- Hunting & Fishing
- Broomball & Curling
- Spirit Wear
PIAS: Seasonal and Social Campaigns
Instead of departing the used sporting gears and products that are of no use to you in dustbin/ landfill. So, Please come forward help us stock those gears on our shelves! By recycling your quality used sports/ health goods and fitness equipment, you will be helping in doing your part to limit waste. Additionally, Why not get paid and help the environment at your local sports chain both at the same time?
When the whole is slowly and steadily beating and coming up from the covid crises. Hence, why not Go vocal for local, shop from local, and support the local! Providing all the well-known brands so don’t worry about the quality and prices.
To provoke more and more number of customers to come forward and lend their hand in transforming, reducing landfill wastes, preventing overproduction, and encouraging the idea of sustainable development more further.
Performance In Pandemic Crises
The effect of a pandemic on the chain store brand has been negligible in terms of revenue and net income, which is just remarkable when big companies shutting down. Due to the loss that occurred in their industry. However, PIAS is in a lot better position but has also faced negative effects as well. Therefore, recently the company published on their social media platform that “We are sad to announce the closing of our Biddeford location. Our last day of operation there will be Sunday, May 9th”. As the store is located in Biddeford and store inventory is now 50% off. Hence, providing bumper discounts to clear out stocks. Above all, because of not reaching the sales goals target. However, they are not the first ones to undergo sudden liquidation of their stores.
We look forward to keeping you hooked with more informative, interesting, and unique stories from the world of sports. In conclusion, Stay tuned and keep sharing!