MANAGEMENT

Detailed explanation-1: -Who is the most significant retailer of athletic merchandise? Nike will be the world’s top athletic merchandise retailer in 2022, with yearly deals of USD 36.39 billion.

Detailed explanation-2: -The sporting goods market, which includes many different product types, such as athletic footwear, exercise equipment, licensed sports merchandise, and athletic apparel, is a billion-dollar industry.

Detailed explanation-3: -A retailer can ensure that the customer purchases the product of the outlets by: 1) Providing complete information about the product to the customers so that they do not search for more information. 2) Provide a variety of sporting goods to the customers so that they can purchase as per their needs.

Detailed explanation-4: -A sporting goods retailer or sporting goods store is a retail businesses selling sporting and recreational goods, including sportswear, sporting equipment and related general merchandise.