Finishline was recently acquired by JD sports for $558 million dollars. It may have shocked many people but Chris from ARCH saw this coming years ago. Nike has set in motion a hurricane that will cause many retailers to collapse if they don’t make the right adjustments. Two years ago, during one of our video conference, Chris and I discussed the reasons why retailers as well as Mom and Pop shops are going to negatively be affected by what we called” The Nike Effect”. Watch the entire video below and be sure to subscribe to our network.
Why Are Retailers Like Finishline And Mom and Pop Shops Going Out Of Business: The Nike Effect
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