Garmin Opens Store in...of all places...Chicago!

Jay Honeck wrote:
But then, our refusing to return to Chicago -- for ANY reason, until
Daley is dead -- will accomplish even less.

Still, sometimes you gotta fight with the only weapons at hand.

Well, *I* haven't lost anything in Chicago, so it's not like I'll be
wanting to go there... The one good thing that can be said about Chicago
is, "Well, it's not New York" -- slight praise, at best...

"Bill Denton" wrote in message ...
: Sorry to hang off your message, Peter, but I had deleted all of the previous
: ones...
:
: A couple of points...
:
: Aviation is just one segment of Garmin's business. A quick drive along
: Lakeshore Drive will show that there is a tremendous market for their
: boating products just within the city of Chicago.
:
: IIRC, Garmin is opening their store in the old Sony space, which is just
: down the street from the Nike store and the Apple store ad infinitum. This
: particular stretch of Michigan Avenue contains several manufacturer's
: "showcase" stores. And the area is a huge shopping destination.
:
: Then there's this:
:
: Code Name Distance Driving Time
: KPWK Palwaukee Municipal 24.1 mi 39 min
: KGYY Gary/Chicago 31.0 mi 49 min
: KIGQ Lansing Municipal 39.9 mi 49 min
: 06C Schaumburg Regional 28.7 mi 49 min
: LL22 Brookeridge Air Park 31.4 mi 50 min
: 1C5 Clow International 37.1 mi 59 min
: KARR Aurora Municipal 50.9 mi 1 hr 5 min
: KDPA DuPage 34.3 mi 1 hr 9 min
: KLOT Lewis University 42.7 mi 1 hr 10 min
:
: These distances/times are from my home, which is two blocks from Lake
: Michigan, five miles from the center of downtown.
:

Those distances are fine, but are those times taken at 3:00 AM when no one else is out driving?

Jay Honeck write:
If Garmin stopped GA support tomorrow, what impact would it have on
their bottom line?

Probably not much.

Jay,

I sure wouldn't characterize a quarter *billion* dollars annually as "not
much" (about 15% total revenue).

Hilton

"Hilton" wrote:

Jay Honeck write:
If Garmin stopped GA support tomorrow, what impact would it have on
their bottom line?

Probably not much.

Jay,

I sure wouldn't characterize a quarter *billion* dollars annually as "not
much" (about 15% total revenue).

More than that, it's the highest margin part of their business. For 2005
(the most recent year data is available), aviation was 22% of total
revenue, but 28% of their gross profit. They're not getting out of the
business anytime soon.

Bill Denton wrote:
Sorry to hang off your message, Peter, but I had deleted all of the previous
ones...

A couple of points...

Aviation is just one segment of Garmin's business. A quick drive along
Lakeshore Drive will show that there is a tremendous market for their
boating products just within the city of Chicago.

IIRC, Garmin is opening their store in the old Sony space, which is just
down the street from the Nike store and the Apple store ad infinitum. This
particular stretch of Michigan Avenue contains several manufacturer's
"showcase" stores. And the area is a huge shopping destination.

Then there's this:

Code Name Distance Driving Time
KPWK Palwaukee Municipal 24.1 mi 39 min
KGYY Gary/Chicago 31.0 mi 49 min
KIGQ Lansing Municipal 39.9 mi 49 min
06C Schaumburg Regional 28.7 mi 49 min
LL22 Brookeridge Air Park 31.4 mi 50 min
1C5 Clow International 37.1 mi 59 min
KARR Aurora Municipal 50.9 mi 1 hr 5 min
KDPA DuPage 34.3 mi 1 hr 9 min
KLOT Lewis University 42.7 mi 1 hr 10 min

Jumpin' Jimini, thats alot of underused acreage. Don't forget
Waukegan's port.

I can't get why Garmin would pay those HUGE rents for Mich. Ave. space.
Hardly a soul in their store...JG