Rally House Opens In Edmond, OK
Rally House recently increased its presence in Oklahoma with a new location in Edmond.
Ports Of Los Angeles And Long Beach Temporarily Shut Down
The Ports of Los Angeles and Long Beach were back in operation Saturday after a worker shortage shut down the largest U.S. port complex for the better part of two days.
Walmart Partners On Pickleball Initiative
Walmart partnered with the racquet sports booking platform, Break the Love, offering for free 125,000 reservations for customers and employees to book pickleball playtime at venues nationwide.
Gordon Brothers Commences Sale Of Shoe City Store Leases And GOB Sales
Gordon Brothers is selling its retail leases and operating going-out-of-business sales at all 39 retail store locations of Esco, Ltd., operating as Shoe City, throughout Maryland, Virginia, and Washington, D.C.
BRC: March UK Retail Foot Traffic Up 6.8 Percent But Lags February Rate
The British Retail Consortium (BRC) is reporting that total U.K. footfall (retail foot traffic), as measured by BRC-Sensormatic IQ data, increased by 6.8 percent in March year-over-year (YoY), 3.6 percentage points worse than February and worse than the 3-month average increase of 9.5 percent.
NRF: Full Effect Of The Fed’s Monetary Tightening Has Not Shown Up
The National Retail Federation’s (NRF) Chief Economist, Jack Kleinhenz, believes its recently-published 2023 retail sales forecast was one of the most difficult written to date.
Titleist, Footjoy Parent Names New CFO
Acushnet Holdings Corp., the parent of Titleist and Footjoy, has named Sean Sullivan as executive vice president and chief financial officer.
Stephen Curry Earns $75M Stock Grant Under New Under Armour Contract
Under Armour, Inc., according to a regulatory filing, awarded Golden State Warriors star guard Stephen Curry restricted stock units for 8.82 million shares of its Class C common stock as part of his new long-term contract with the company.
VF Corp. Realigns Leadership At Dickies, Altra, Smartwool, And Icebreaker
VF Corp. announced key leadership appointments at its Dickies, Altra, Smartwool, and Icebreaker brands, effective immediately.
Mastercard: March Retail Sales Up 4.7 Percent, Driven By Growth In Service Sector And Grocery
According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, U.S. retail sales, excluding automotive, were up 4.7 percent year-over-year in March.
Levi’s Shares Fall On Inventory Concerns
Shares of Levi Straus & Co. fell $2.89, or 16.0 percent, to $15.14 Thursday after the denim giant reported first-quarter results that topped Wall Street analysts’ targets but margins missed plan due to challenges clearing elevated inventories.
Ermenegildo Zegna Swings To 2022 Profit On Double-Digit Sales Growth
Ermenegildo Zegna N.V. reported that revenues for 2022 were €1.49 billion, up 15.5 percent year-over-year. Excluding the Greater China Region, which was affected by COVID-19-related restrictions throughout 2022, mainly from mid-March to the end of May and then again in the fourth quarter, 2022 revenues were up 42 percent year-over-year.
The Buckle Reports 10.1 Percent Comp Store Sales Decline For March
The Buckle, Inc. reported that comparable store net sales, for stores open at least one year, for the 5-week fiscal period ended April 1 decreased 10.1 percent from comparable store net sales for the 5-week period ended April 2, 2022.
Clarus’ President John Walbrecht Steps Down
Clarus Corp., in a regulatory filing, said John Walbrecht, company president, mutually agreed to terminate employment effective March 31.
Meijer To Open Indiana Supercenter
Meijer will open a new 159,000-square-foot supercenter in Elkhart, IN, on May 11, making it the 11th Meijer store in Northern Indiana, and will include a Meijer Express gas station, scheduled to open on April 13 adjacent to the center.
