GT bought out by Walmart.....
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GT bought out by Walmart.....
I know this is kind of old news, but can someone give me more details about this transaction. This sucks!! GT was a reputable bike and now is downgraded to junk. I hope Fuji doesn't suffer the same fate. I'm about to drop a nice dime on a Newest either 1.0 or 2.0. I'd hate to have my bike be subjected to Walmart.
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On the plus side your decent bike suddenly becomes 'junk' and no one wants to steal it any more.
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Originally Posted by miked528
I know this is kind of old news, but can someone give me more details about this transaction. This sucks!! GT was a reputable bike and now is downgraded to junk. I hope Fuji doesn't suffer the same fate. I'm about to drop a nice dime on a Newest either 1.0 or 2.0. I'd hate to have my bike be subjected to Walmart.
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1. Search is your friend. There you will find accurate information. This has been discussed many times in the 5 years since Pacific bought Schwinn/GT.
2. Once you buy your bike, there's not much Wal-Mart can to do it...
2. Once you buy your bike, there's not much Wal-Mart can to do it...
#6
Jet Jockey
Whaaaaaaaaa?
Since when is Wal-Mart going to buy Fuji?
Sources?
This is quite upsetting to me, if true, since I happen to be rather fond of Fuji.
Since when is Wal-Mart going to buy Fuji?
Sources?
This is quite upsetting to me, if true, since I happen to be rather fond of Fuji.
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I remember the same talk with mongoose or diamond back or even gary fisher..... people that know the value of your bike will know it, you can't really hide quality. Then again, you could always couch it like this... "this is a pre-satan GT..." ...
#9
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Originally Posted by Waldo
1. Search is your friend. There you will find accurate information. This has been discussed many times in the 5 years since Pacific bought Schwinn/GT.
2. Once you buy your bike, there's not much Wal-Mart can to do it...
2. Once you buy your bike, there's not much Wal-Mart can to do it...
Tim
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Originally Posted by cs1
Pacific bought the above mentioned brand names. They sell throught mass marketers like Wal-Mart. Wal-Mart doesn't actually own GT. They just are it's biggest customer. Hope this helps.
Tim
Tim
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Originally Posted by banzai_f16
Whaaaaaaaaa?
Since when is Wal-Mart going to buy Fuji?
Sources?
This is quite upsetting to me, if true, since I happen to be rather fond of Fuji.
Since when is Wal-Mart going to buy Fuji?
Sources?
This is quite upsetting to me, if true, since I happen to be rather fond of Fuji.
#12
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Originally Posted by cs1
Pacific bought the above mentioned brand names. They sell throught mass marketers like Wal-Mart. Wal-Mart doesn't actually own GT. They just are it's biggest customer. Hope this helps.
Tim
Tim
If memory serves, Fuji is partially owned by Ideal, which makes bikes for Trek, Schwinn, and many others. Therefore, they are in pretty good shape...
#13
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OK, It's like Schwinn.
Wally-world sells cheap bikes using the name.
Shops sell higher end, nice bikes with the name.
All they are doing is market saturation using a well-known name.
Once again, LBS will stock the good stuff when a name shows up in both places.
Wally-world sells cheap bikes using the name.
Shops sell higher end, nice bikes with the name.
All they are doing is market saturation using a well-known name.
Once again, LBS will stock the good stuff when a name shows up in both places.
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Originally Posted by B.S.
I remember the same talk with mongoose or diamond back or even gary fisher..... people that know the value of your bike will know it, you can't really hide quality. Then again, you could always couch it like this... "this is a pre-satan GT..." ...
take it back!
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Yah, for real!! Dont' even put GF in the same sentence...........
Miked528, it sounded like you were telling us Walmart ALREADY DID buy GT. You had my heart going for a minute!
Miked528, it sounded like you were telling us Walmart ALREADY DID buy GT. You had my heart going for a minute!
#16
Jet Jockey
I think for a while in the 80's Fuji had an unfortunate period of being carried in big box stores. They were the last of the Japanese makers to start outsourcing frames to Taiwan (or Formosa) and got off to a rocky start with their new manufacturer. Thus, the quality suffered, and they started selling at other than LBS's. After a few years they managed to right the ship on production, and resolve to go back to a "bike shop only" type sales model. However, some of the damage to their reputation had been done...which is why it is often possible to get a Fuji spec'd the same as an equivalent Trek or Specialized, but for up to 25% less.
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Originally Posted by larue
wait a minute, why is gary fisher being associated with mongoose and diamondback? gary fisher is owned by trek and still makes reputable and quality bikes.
take it back!
take it back!
Trek does make quality bikes... I guess I was just brainwashed by my LBS... at the time of purchase, and to this day, the owner of my LBS had serious issues with Trek. She felt the purchase of GF by Trek would de-value the GF line which she did carry. Eventually she stopped carrying GF and went for less popular boutique bikes...
I've got a pre-pacific GT....and i'm holding on to it as long as i can.
Ask me to buy a Post-Ford Volvo, or Jaguar, and for equal money...I'd probably find something else. I'm sure quality hasn't gone downhill since the purchase. I'm just morally opposed to big corporations....
You see the same type of talk on Knife forums about Walmart's sale of Spyderco knives... As it turns out... many people are happy to buy these knives offered by walmart... they're higher quality steel at a lower cost because walmart buys in such bulk... I say, let walmart buy all the GT's they want... Heck... let them buy all the treks and and specialized bikes they want too... The more people out there on the road, the better... if walmart customers rode walmart bikes TO walmart, there'd be bike lanes everywhere!
#18
No Talent Assclown
Pacific would be hard pressed to buy Fuji. Fuji is the second largest company under the Ideal name with Giant being the largest.
BTW Pacific makes Litespeed.
BTW Pacific makes Litespeed.
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#19
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It needs to be remembered that Pacific bought Schwinn and GT in a bankruptcy sale. The 'old' companies were already under and gone when Pacific aquired the brand names. It's not like Schwinn and GT were thriving companes eaten up and destroyed in a corporate takeover.
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Originally Posted by B.S.
the owner of my LBS had serious issues with Trek. She felt the purchase of GF by Trek would de-value the GF line which she did carry.
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Originally Posted by well biked
The problem with that thinking is that the Gary Fisher brand had already been bought out before Trek bought it (Fisher was either bankrupt or close to it before the initial buyout).
Anywho, to the OP... the Fuji Newest Rox. The '07 is very nice with its silver and white paint, If fuji spec'd it with the new Tiagra Crank and Shifters it's would be a beauty... good luck with your purchase either way. I'll post pics of mine (w/ new wheels) as soon as I can find a camera... hope you do the same.
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Originally Posted by Falkon
BTW Pacific makes Litespeed.
Litespeed, along with Merlin and Quintana Roo, on the other hand are owned by American Bicycle Group who only produces top notch high end bikes. American also owns Real Design.
Don't ever taint the Litespeed name by associating it with Pacific again.
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[QUOTE=B.S.]Thanks for the correction... I remember quality of the GF bikes going down... just always seemed to attribute it to Trek. That in and of itself was the reason I had issues with TREK. It seems my suspicions were unfounded.
QUOTE]
No problem. And it was a long time ago that all of that happened, easy to get things turned around. The only reason I responded was that although I've been sickened somewhat by certain buyouts in the bicycle industry over the years, one that I think has turned out pretty well is the Trek buyout of the Fisher brand. They've made some darned nice bikes with this arrangement, and I think a key is that Gary Fisher himself is involved with the brand and continues to innovate and be an influence-
QUOTE]
No problem. And it was a long time ago that all of that happened, easy to get things turned around. The only reason I responded was that although I've been sickened somewhat by certain buyouts in the bicycle industry over the years, one that I think has turned out pretty well is the Trek buyout of the Fisher brand. They've made some darned nice bikes with this arrangement, and I think a key is that Gary Fisher himself is involved with the brand and continues to innovate and be an influence-
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Originally Posted by larue
Litespeed, along with Merlin and Quintana Roo, on the other hand are owned by American Bicycle Group who only produces top notch high end bikes. American also owns Real Design.
Don't ever taint the Litespeed name by associating it with Pacific again.
Don't ever taint the Litespeed name by associating it with Pacific again.
Is Litespeed related to Trekisher somehow?
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Originally Posted by Siu Blue Wind
Is Litespeed related to Trekisher somehow?