Five Below in a partnership with Nerd Street Gamers to open esports facilities connected to two Five Below stores in Georgetown, TX and Philadelphia, PA, with an additional location in St. Louis, MO opening later this month.
Author: SGB Media

REI Opens Two Pop-Ups Selling Used Gear
REI Co-op announced the expansion of its recommerce business by piloting two used-gear pop-up stores and its trade-in program.

Amazon Breaks $3.5 Billion In Third-Party Prime Day Sales
Amazon said third-party sellers surpassed $3.5 billion in sales on Prime Day, a nearly 60 percent year-over-year increase, growing even more than Amazon’s retail business.

ICSC Sees 1.9 Percent Rise In Holiday Sales
ICSC forecasts a 1.9 percent year-over-year spending increase this holiday season with total spending to be $862.2 billion. Its annual Holiday Shopping Intentions Survey found that the average adult plans to spend $655 on holiday-related items – surpassing 2019’s actual expenditure.

Camber Outdoors Announces 2021 Board Co-Presidents
Camber Outdoors Board members Michelle Wardian, President Outdoor Research and Reginald Miller, VP, Global Inclusion and Diversity, VF Corp. will serve as Co-Presidents of Camber Outdoor’s Board of Directors effective January 1, 2021.

Icon Sues Peloton, Claiming Patent Infringement
Icon Health & Fitness Inc. filed a lawsuit in the U.S. District Court for the District of Delaware against Peloton, charging an automatically controlled resistance feature on Peloton’s Bike+, which Peloton calls “Auto Follow,” infringes on NordicTrack’s technology.

TeamSnap Commits $1 Million For Kids To Have Improved Access To Sports
TeamSnap is committing $1 million over the next three years to improve access to sports for kids in underserved neighborhoods in the U.S. The announced was made by its CEO and Founder Dave DuPont at The Aspen Institute Project Play Summit 2020.

Western Mountain Destinations Post First Revenue Gains Since February, According To Destimetrics
Despite a tough summer for businesses due to COVID-19, bookings and rates in Western Mountain Resorts in the past few weeks have shown an uptick with revenue gains for October into November. The first revenue gains since last February according to Destimetrics.

Stanley Launches Legacy Series
Stanley announces the launch of its Legacy Series offering an upgrade to its Classic mugs, thermal bottles and food jars. A throwback to the 50s vintage design, the Legacy Series features QuadVac vacuum technology to keep food and beverages hotter or colder longer. The series is constructed with thicker stainless steel and reinforced with a double […]

Honey Stinger Ups Its Recovery Game With New Cracker Bar
Honey Stinger debuts its improved Cracker Bar featuring the same taste as the original bar but with twice the amount of filling plus 10 grams of plant-based protein for muscle recovery and energy replenishment. “We know our athletes are working harder and balancing more than ever before amid this challenging year which means recovery is […]

Tailwind Nutrition Introduces Limited Edition Salted Caramel Rebuild
Tailwind Nutrition introduces its limited-edition Salted Caramel flavor for the fall season. Tailwind Rebuild products were developed to help athletes recover faster. Tailwind Rebuild is the first sport recovery drink based on a patent-pending protein system using a base of organic rice supplemented with amino acids, carbohydrates, fats coconut milk, and electrolytes. The recipe is […]

Recall: Peloton Pedals
Peloton issued a recall of its PR70P pedals, which were placed on bikes sold between July 2013 and May 2016, affecting about 27,000 bikes.

NRF Foundation Introduces COVID-19 Training For Retail Employees
The NRF Foundation launched two new credentials in its RiseUp program in response to COVID-19 focused on Retail Operations and Customer Conflict Prevention.

Ruby Ribbon Hires COO/CFO + CMO
Ruby Ribbon Inc. hired Michelle Sanft as the company’s new chief operating officer and chief financial officer, and Loly Hlade as its new chief marketing officer.

Urban Outfitters Announces Management Changes
Urban Outfitters Inc. announced a number of promotions within the organization to meet future growth and strategic initiatives.