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In 2002, the company switched focus from a traditional golf cart dealership to a supplier of golf cart parts and accessories. The shift to a niche market worked, and after launching a catalog and e-commerce website to sell its products, Buggies Unlimited grew and relocated to larger warehouses twice before settling on its current 108,000-square ...
[citation needed] One of its products was the EMPI Imp, a modified dune buggy based on a Volkswagen Beetle. [1] The originally-owned company was started by Joe Vittone in the 1960s. Vittone sold EMPI to Filter Dynamics in 1972, and it closed in 1974, but EMPI still lives on today under new ownership. [2]
This was the reason Golfsmith owed $5.5 million to Callaway Golf Co., $5.1 million to Taylormade Golf Co. Inc., $3.5 million to Nike, $2.3 million to PING Inc. and $2.1 million to Titleist. Golfsmith CEO David Roussy blamed "a recession-driven decline in golf participation and an oversized brick-and-mortar retail presence" for its situation.
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