Who is the owner of 2nd swing?
2nd Swing is a privately-owned business that was founded in 2007 by current CEO Simon Kallal. The business started out with two stores in the Twin Cities area of Minnesota but has since grown and expanded throughout the United States.
What does 2nd Swing do?
According to the information provided by 2nd Swing, this company offers pre-owned golf equipment, new golf equipment, buys, sells and trades. This is a multi-location business.
Is 2nd swing legit or a scam?
Yes, 2nd Swing is a legitimate golf retail business operating in the United States. With one of the biggest stock inventories of any online golf retailer, the volume of used clubs available online is remarkable and offers excellent value for money.
When did 2nd swing golf go bankrupt?
It filed for bankruptcy (in 2007).
Where is 2nd swing located?
The new 2nd Swing now has two physical store locations in Minnesota – in Minneapolis and Minnetonka – as well as an enviable online store that offers roughly 30,000 used clubs. The company also has an impressive selection of “tour only” clubs and desirable difficult-to-find brands as well as most of the new models big box stores carry.
How many drivers did Vijay Singh buy?
Vijay Singh bought seven drivers while he was in. Seven drivers. That’s cool.
When did Kallal start 2nd swing?
When Kallal graduated, he passed over an accounting career to follow his passion for golf, opening the first 2nd Swing store in Minneapolis in 1997. The retailer, which specialized in buying, selling and trading golf equipment, grew to 50 stores in 2005. However, that’s also when things started to go wrong for the company.
How long does it take to cure a shaft at Tour Van?
At Tour Van, you can cure a shaft in 15 minutes. You can digitally loft and lie a head. We have TRACKMAN and GEARS 3-D imaging and swing-analysis equipment. It’s as cool as it gets. If you’re anywhere around Minnesota, you’re going to want to come see it in person. It’s a golf destination. Just look at Tour Van online and take a virtual tour at our Google+ page.
Does markdown affect sell price on used?
SK: We’ve been hiring PGA pros over the last 12 months… Having markdowns on new products and smaller margins always affects how we manage our sell prices on the used side. It does become problematic when there’s instability in the market. When new pricing comes down very fast, you have to watch your sell price on the used side.
Is 2nd swing in direct competition?
Around that time, the vision of the company changed, putting 2nd Swing in direct competition with much larger national retailers, Kallal says. The board and some investors became focused on attempting to sell new clubs, along with “shorts, shoes and shirts,” he says.
Who Owns 2nd Swing?
2nd Swing is a privately-owned business that was founded in 2007 by current CEO Simon Kallal. The business started out with two stores in the Twin Cities area of Minnesota but has since grown and expanded throughout the United States.
Where Does 2nd Swing Ship From?
2nd Swing ships from various locations in the United States . The company’s headquarters are based in Minnesota, which is also the location of one of their primary distribution center, which is located in Eden Prairie.
Does 2nd Swing Have Stores?
2nd Swing currently operates five physical stores in five different states.
How Fast is 2nd Swing?
2nd Swing offers fast delivery to its online customers, with all orders processed and shipped within 48 hours of payment verification. Orders are processed every business day but not on weekends or during national holidays. As such, you can expect to receive your order within 4-6 days of placing it.
What is 2nd Swing Return Policy?
2nd Swing offers all customers a unique 30-day play guarantee for both new and used club purchases. This entitles all customers to a full refund or store credit if they’re unsatisfied with their purchase for any reason.
Is 2nd Swing Reputable?
2nd Swing is a reputable and long-established retailer of golf equipment in the United States. Based in Minnesota, there are now several 2nd Swing Outlets in different states in the country, as well as a hugely popular and successful online store.
When did 2nd swing golf find water?
Simon Kallal's first golf venture, 2nd Swing, found water in 2006, when it was liquidated in bankruptcy. Simon Kallal, co-owner of 2nd Swing Golf with some of the store's inventory in the basement of the Hennepin Avenue store in Minneapolis. Simon Kallal's first golf venture, 2nd Swing, found water in 2006, when it was liquidated in bankruptcy.
Why did Kallal not use 2nd swing?
When he bought the 2nd Swing name out of bankruptcy, Kallal was initially inclined not to use it at all, fearing the brand had been permanently damaged.
What happened to golf in the wake of 9/11?
Golf's boom had turned to bust. The number of played rounds plunged in the wake of the dot-com collapse, the 9/11 attacks and a recession. 2nd Swing pulled its stock sale and raised an additional $17 million from private investors. By then, Kallal worried that the company had strayed from its original mission.
When did Kallal 2.0 turn profit?
Version 2.0 turned its first profit in 2009 -- a generally terrible year for most retailers. The first 2nd Swing piled up $10 million in debt. This time, Kallal has relied on $130,000, a seven-year bank loan and cash flow.
Was 2nd swing profitable?
The stores were getting bigger, but no more profitable, and they relied increasingly on sales of new equipment, which meant 2nd Swing was competing more directly with big-box retailers. Kallal, who was president, said he his concerns went unheeded.
Overview
According to the information provided by 2nd Swing, this company offers pre-owned golf equipment, new golf equipment, buys, sells and trades.
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