Retail sales rose dramatically in May as retailers and other businesses closed by the coronavirus pandemic began to reopen, but remained well below spending levels seen during the same period a year ago, the National Retail Federation said.
Author: SGB Media
Outdoor Opportunities Emerge Amid Pandemic
On a recent OIA webinar, the owners of three outdoor indies — Angler’s Covey, The Hive and Wild Iris — discussed the opportunities being created as consumers have gone out of their way to support small businesses and local shops as their stores have reopened amid the pandemic. With social-distancing capping other leisure opportunities, chances to land new customers have also expanded significantly as people head outdoors.
Orchid Advisors Taps Smith & Wesson Vet To Run Sales & Marketing
Orchid Advisors has appointed Shaun Phelan as VP sales and marketing.
AlterG Announces Settlement Of Federal Trade Secrets Lawsuit
AlterG Inc. announced the dismissal of its federal trade secret and breach of contract lawsuit against Boost Treadmills LLC and three former employees, pursuant to a confidential settlement agreement.
Iovate Health Sciences Hires CEO
Iovate Health Sciences USA Inc., the parent of MuscleTech, Six Star Pro Nutrition, Purely Inspired, Hydroxycut, and Conscious Kitchen appointed Tim Toll as its new CEO.
NSSF Disappointed Over SCOTUS’ Refusal To Hear Gun Rights Cases
NSSF, the firearms industry trade association, posted a release expressing “profound disappointment and frustration” by the U.S. Supreme Court’s refusal to accept any of nearly a dozen Second Amendment-related appeals.
BN3TH Apparel Hires Key Account Manager
BN3TH Apparel announced that Mike Loughlin will join their team as the US Key Account Manager in July of this year.
Lucas Oil Outdoor Line Signs Eastern U.S. Territory Rep Groups
Lucas Oil Outdoor Line has signed V. Pestilli & Associates Inc. and Outdoor Marketing Group to represent them in the Eastern United States.
Winchester Awarded U.S. Department Of Defense Contract
Winchester Ammunition has recently been selected for a $38 million contract, this time by the U.S. Department of Defense (DOD). The selected 9mm frangible ammunition will be used for close-quarter battle (CQB) combat and indoor/outdoor CQB training.
Canada Goose Appoints North America President And Chief Of Staff
Canada Goose has appointed of Carrie Baker as President, North America and Kara MacKillop as Chief of Staff and EVP People & Culture.
Mall Landlords, Authentic Brands In Talks To Acquire J.C. Penney
Mall owners Simon Property Group and Brookfield have partnered with Authentic Brands to explore a purchase of bankrupt department-store chain J.C. Penney, sources told Bloomberg.
Xponential Fitness Debuts GO Online Workouts Across Eight Brands
Xponential Fitness, the parent of Club Pilates, Pure Barre and CycleBar, officially announced the launch of its GO platform, which brings live and on-demand content across numerous boutique verticals to members. Brands within the Xponential Fitness portfolio also include StretchLab, Row House, YogaSix, AKT and STRIDE.
McRae Industries Q3 Sales Drop 23 Percent
McRae Industries Inc., the maker of military combat boots and western and work boots, reported revenues for the third quarter of fiscal 2020 ending on May 2 of $14.29 million as compared to $18.6 million for the third quarter of fiscal 2019. The company experienced a net loss for the third quarter of fiscal 2020 in the amount of $504,000, or 22 cents a share, compared to net earnings of $386,000, or 16 cents, for the third quarter of fiscal 2019.
Snap Partners With Headspace
Snap Inc., the parent of Snapchat, announced a series of new features designed to educate and empower members of the Snapchat community to support friends who might be struggling with their own social and emotional wellbeing. This effort includes a new partnership with Headspace, maker of the meditation and mindfulness app, on new tools and premium content.
Pent-Up Demand Drives Record Booking Pace At Southeast Destinations
After three months of minimal activity, lodging properties around the Southeast region are rebounding in a big way as destination visitors set a record for summer bookings during the month of May, according to a monthly briefing from DestiMetrics, a division of Inntopia.
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