Dive Summary:
- Small retailers in Philadelphia, Penn. are reporting their accounts with Nike, the sportswear giant, are being closed without explanation.
- As yet, it is not certain whether retailers in other areas of the country are facing the same problem.
- When asked to comment, Nike told KYW-TV it is "constantly evaluating its distribution needs."
From the article:
"... Keith Sherman has worked for 21 years as a manager at Real McCoy Sports, one of the stores being cut off by Beaverton, Ore.-based Nike Inc. He says they received an email notice but there wasn't any explanation.
Sherman says around 75 percent of his store's business is for Nike products so it could mean big trouble for the store, in Philadelphia's Olney neighborhood. ..."