Remember, folks: Americans buying a Canadian company is bad and something we should all hate. China buying half of BC and Alberta is good though, you fucking bigots.

For them to put any blame on the china virus is bullshit. They were struggling before. Sales of outdoor stuff has been incredibly strong.

This is what happens when you have activists running a company on nothing but buzz words and feelings. If they had business savvy people at the helm they would have been fine.

Got what they deserved

I know someone who works here fairly high up. When he was hired to try and help them out of this mess they refused every single logical, reasonable, cost saving and money making idea he presented. Effectively they just wanted to run a little communist loose/no hierarchy company and couldn't adapt to success. This person ended up being tasked more with firing people that doing the job itself.

So much for being a co-op, lol.

MEC will always make me a bit sad but they didn't keep up with the times, and they had no idea how to deal with a rapidly changing Canada; that diversity bullshit was just their last, desperate gasp.
I remember taking the streetcar to MEC as a kid, I loved just going in that store and browsing. Burning my flyer money on camping shit and bike components, it was fucking heaven.
MEC's problem was they got more expensive while their customers were getting poorer and having to live with less-and-less storage for more-and-more money.
Crappy Tire fucked them over as well, by increasing the quality of the Woods brand which bled off sales from a company that was becoming disconnected with their members. Atmosphere didn't help either.
So squeezed out of the market, what did they do? Did they try to fit the needs of their members better? Of course not, they looked at all of the rich diversity coming into the country and reached out to them instead.
Of course it didn't work. It was never going to work, all they ended up doing was insulting their members and ignoring the idea of bringing in products that they'd purchase.
Pour one out for MEC. A proud Canadian company done in by out-of-touch executives, rapidly-changing cities and rapidly-changing demographics.
Typical.

Cool, fucking bums

Meh, there are tons of sporting goods stores. What made them so special anyways?

Won't be missed. Increasing prices, decreasing quality, growing divide between them and their loyal members/customers due to their wandering eye on greed and mass consumerism. All they needed to do was stay the course and they would've been fine. Sell-outs! Inevitable re-branding incoming.