Adventure 16 closes two stores

Adventure 16 has been forced to do what many in the industry might have thought unthinkable just a few years ago – it has closed two of its stores as it fights to stay afloat in a challenging economy.
Author:
Updated:
Original:

Adventure 16 has been forced to do what many in the industry might have thought unthinkable just a few years ago – it has closed two of its stores as it fights to stay afloat in a challenging economy.

On Feb. 23, it shut the doors of its CAMP store in Costa Mesa, ending Adventure 16’s 21-year tenure in that community. That came on the heels a closure in late December of its 12,000- square-foot Torrance, Calif., store, which had been open for only three years, John Mead, president of Adventure 16, told SNEWS®. In all, 20 employees are now without work.

Mead told us that closing the under-performing stores helps his company dramatically, especially when combined with other efforts by the company to shave costs.

“We have a multi-point strategy in place,” Mead told us. “We have been able to renegotiate our leases with our landlords at our San Diego, West L.A., Tarzana, Solana Beach and Oceanside locations, cutting rents by 30 percent. In addition, we had a few layoffs in our central office and we took pay cuts to reduce payroll by 30 percent.”

All inventories from the closed stores was absorbed by the existing stores, Mead said.

In an email to vendors that was shared with SNEWS, Mead said, “Please know that we greatly appreciate all you and your company did to help us in both Torrance and Costa Mesa. All of us at A16 look forward to working with you to find the opportunities that lay hidden in the challenging times ahead.”

On the bright side, Mead said its wholesale division was performing very well in this economy, in large part because “when things are tight and retailers want to turn inventory faster, they are turning to us to help them do that.”

Also helping, Mead said, is the fact customers, both at his stores and at stores who do business with A16 wholesale, are buying accessories even when they are not purchasing larger items.

Related

A16_Logo.jpg

Adventure 16 seeking equity partner

Prior to Outdoor Retailer Winter Market, SNEWS® began hearing that Adventure 16 was on the market and looking for a buyer for both the retail and wholesale operations. We talked to John Mead, president of Adventure 16, at Winter Market who confirmed to us that the company was, ...read more

San-Diego

When is it time for a retailer to close up shop?

It’s never easy to let go of something you love. When John D. Mead, 63, of San Diego-based retailer Adventure 16, decided to close the last two locations of his business in January after a 58-year run, he said it felt a little like losing a family member. “I've been in this ...read more

interior of retail shop with outdoor gear, kayak hanging from ceiling, lots of customers shopping

Mountain Gear closing after 37 years

Mountain Gear, one of our industry’s premier mountain shops, will be closing its doors in the coming months. The decision to close weighs heavily on founder and owner, Paul Fish, who said that the realization that it was time was both came somewhat sudden but also a long time ...read more

Adventure 16 west LA store in black and white

Memories from Adventure 16 alumni

Since sharing the news of Adventure 16's closing, SNEWS has received dozens of messages from former employees, longtime customers, and admirers in the outdoor industry. It's clear that A16 had a wide reach and touched so many lives during its nearly six decades in business. It's ...read more

Adventure 16 on the John Muir Trail in 1970s

End of an era: Adventure 16 says goodbye after 57 years in business

Just yesterday, John Mead told about 35 employees across two remaining stores that Adventure 16 is closing altogether before the end of the year. The business is perhaps one of the best known premier specialty outdoor retailers, with a rich history dating back to 1962 in ...read more

Adventure 16 shuts down outings program

Adventure 16, a leading specialty retailer in Southern Calif., has announced it will be shutting down its successful Wilderness Outings program. The reasons? Insurance problems first and foremost, with a little hint of budget considerations. According to company president John ...read more

Tick Test, Montem trekking poles, DUER jeans

Adventure 16's top picks at Outdoor Retailer

Fifty-six years ago, in a garage in La Mesa, California, a backpacker and a group of adventurous Boy Scouts and their engineer dads decided they wanted to produce 16mm movies of their escapades into the mountains. To raise funds, they built weight-transferring ...read more

Hard Corps Closing Doors After 16 Years

Hard Corps Sports, a Boulder, Col.-based technical skiwear company that has a strong dealer base of almost 150 retailers in North America, as well as numerous accounts in Europe and other parts of the globe, is closing its doors. Not because the company is in danger of going ...read more

Shopping_Bag.jpeg

Sign of the times: Two longtime outdoor specialty shops close doors after weak winter; REI, Moosejaw open new stores

In a way, this story writes itself. This past month, SNEWS learned of two venerable specialty outdoor shops planning to close their doors, while — albeit in separate locations — two of the industry’s larger and more Internet-savvy retailers announced several new store openings. ...read more