Camping World Continues Its Retail Supercenter Acquisition Spree

Camping World Holdings (NYSE: CWH) announced the acquisition of another future retail supercenter today, bringing its total to four in Ohio and approximately 160 across the United States. Driven by the pandemic's closure of recreational activities like cruises, casinos, and waterparks, Americans bought RVs at a pace not seen for 40 years, sending RV unit sales up 53.3% year over year, according to the RV Industry Association (RVIA). Camping World's third-quarter 2020 sales rose 21%, and the company is using its cash windfall to invest in itself and boost retail outlet numbers.