Boat dealers make news when, for example, they add new lines of boats, relocate, get new owners or acquire other dealerships.


How easy money led us to hard times

Industry experts say the marine financing crisis is a microcosm of what’s going on in the national economy. In both cases, early warning signs began popping up two or three years ago, but the root causes go back even further. National Marine Bankers Association president Jim Coburn describes the predicament as a “perfect storm of…more

Dealers and Distributors

Our weekly roundup of dealers and distributors includes news from Win-Tron Electronics and Encore Boat Builders. Win-Tron Electronics of Spring Lake Heights, N.J., was selected as the exclusive U.S. wholesale distributor for the Apollo II and Apollo II High Definition thermal night-vision cameras manufactured by OceanView Technologies. “OceanView Apollo II cameras enable users to see…more

West Marine honors vendors

West Marine recently honored the winners of its 15th annual VIV (Very Important Vendor) Awards at the company’s Watsonville, Calif., support center. The awards program celebrates vendors who continually seek to satisfy their customers by offering what they want while always being innovative in their approach. Winners are selected based on consistent excellence in product…more

West Marine to open Seattle store

West Marine will open its largest store in the Pacific Northwest next month in downtown Seattle. With 18,000 square feet of retail space, the Westlake location will offer the latest electronics with working displays and an expanded selection of electrical, maintenance, plumbing, sailboat hardware and technical apparel. There will also be a full rigging shop…more

Midwest repo center expands in Ohio

After liquidating boats from 23 dealerships since the businesses’ inception in April, Wisconsin-based Midwest Marine Repo Center added a new location in Ohio dedicated solely to repossessed boats. Skipper Bud’s, one of the largest Midwestern boat dealers with 20 locations in the Great Lakes region, Mississippi and Florida, doubled sales at its Oshkosh, Wis., store…more

Dealers and Distributors

Our weekly roundup of dealers and distributors includes news from Liquid Sports Marine, CWR Electronics and Win-Tron Electronics.  Liquid Sports Marine has become the exclusive representative for Malibu Boats in central and northern Florida. “Liquid Sports Marine has been the pre-eminent inboard and water sports boat dealer in Orlando for nearly 15 years,” said Malibu…more

West Marine grand opening this weekend in Turkey

West Marine will celebrate the grand opening of its second international franchise store this weekend in Bodrum, Turkey. Called the “Saint Tropez of Turkey” by the New York Times, Bodrum is a destination for boaters and cruisers exploring the Aegean and Mediterranean coasts, and a perfect location for a West Marine store, according to the…more

Dealers and Distributors

Our weekly roundup of dealers and distributors includes news from Nautic Global Group, Meridian Yachts, Sea Ray and Dry Dock Marine Center. Nautic Global Group just wrapped up its dealer meeting at the company’s headquarters in Elkhart, Ind. The event included plant tours, seminars, boat demonstrations and a business meeting. More than 60 boats were…more

Dealers and Distributors

Our weekly roundup of dealers and distributors includes news from the Lauderdale Marina and South Jersey Marina, which is holding a “clearance sale” in September. The Lauderdale Marina was named the exclusive Pursuit dealer for Florida’s Broward, North Dade and southern Palm Beach counties. “Pursuit’s decision to add the Lauderdale Marina fits our strategy to…more

West Marine reports 2Q results

West Marine announced net revenues of $215.4 million for the second quarter of 2009, a decrease of 5 percent compared to the same quarter of 2008. Comparable-store sales dropped 1 percent. Comparable-store sales for the second quarter 2009 benefited by $8.4 million, or 4.2 percent, because of a favorable fiscal calendar shift from fiscal year…more

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