Arlington, Va. has been named “America’s Fittest City” in the annual American Fitness Index rankings published by the American College of Sports Medicine (ACSM) and the Anthem Foundation. Seattle, WA; Minneapolis, MN; Madison, WI; San Francisco, CA; Washington, D.C.; Irvine, CA; Denver, CO; Boise, ID; and Boston, MA, round out the top 10
Author: SGB Media
New Era Faces Layoffs As It Ends Furloughs
New Era Cap Co. announced that the company will bring a majority of its employees across the U.S. back from furlough but will lay off 187 workers as it makes adjustments to COVID-19-related challenges.
Under Armour Ends Partnership With Lacrosse Equipment Provider
Under Armour Inc. has ended its licensing agreement with Team 22, the exclusive licensee of all Under Armour lacrosse products since 2011.
On Denies It’s Preparing For An IPO
On, the Swiss running shoe brand, denied a report in the Swiss, German-language newspaper, NZZ am Sonntag, that it has started making plans to go public in the summer or fall of 2021.
Bass Pro Shops To Hire 5,000
Bass Pro and Cabela’s announced plans to hire 5,000 new employees nationwide due to strong demand amid the pandemic
New NFHS Officers, Board Members Elected For 2020/21
Kerwin Urhahn, executive director of the Missouri State High School Activities Association (MSHSAA), is the new president of the National Federation of State High School Associations (NFHS) for 2020/21.
Schuylkill Valley Sports Closing The Majority Of Its Stores
Schuylkill Valley Sports, based in Pottstown, PA, is closing nine of its 10 stores while continuing to operate its online operations and team business. The one store that will remain open is in Quakertown, PA and CEO and President Jason Lutz has vowed to open new stores with a fresh approach.
Authentic Brands Group LLC’s $150 Million Incremental First-Lien Term Loan Rated ‘B’
S&P Global Ratings assigned its ‘B’ issue-level rating to Authentic Brands Group LLC’s (ABG’s) proposed $150 million incremental first-lien term loan. ABG owns a portfolio of over 50 brands that include Spyder, Tretorn, Tapout, Prince, and Volcom.
BJ’s Wholesale Club Debt Ratings Upgraded
Moody’s Investors Service Inc. upgraded all the debt ratings of BJ’s Wholesale Club due to continuing improvement in BJ’s quantitative profile resulting from continued strong operating results as well as the recent reductions in debt.
MEC Undergoes Layoffs At Stores
Mountain Equipment Co-op (MEC), which operates 21 stores across Canada, has laid off a number of retail employees it formerly furloughed as it faces challenges managing during the pandemic.
The National Academy of Sports Medicine (NASM) Partners With NBATA
The National Academy of Sports Medicine (NASM) has signed on as the National Basketball Athletic Trainers Association’s official education partner.
Report: Alphabet Must Offer Concessions For Fitbit Acquisition
The European Union (EU) expects concessions before its regulators allow Alphabet’s unit Google to acquire Fitbit, according to a report from Reuters.
Scheels Opens Store In Eden Prairie
Scheels on Saturday opened a two-story, 250,000-square-foot store at Eden Prairie Center at Eden Prairie, MN, replacing a smaller store.
Meijer Opens Five Supercenters In The Midwest
Meijer opened five supercenters across the Midwest. The stores each measure 159,000 square feet and are located in Manitowoc, WI., Sycamore, IL, Bad Axe, MI., and Brimfield and Lorain, OH.
REI Undergoes Layoffs At Store Level
REI will reduce its staff by about 400 employees across its 162 stores, according to a report from Kent Reporter.
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