Fred’s Inc. has filed a Chapter 11 bankruptcy petition and commenced liquidation sales at all retail locations.
Author: SGB Media
Ross Dress For Less To Open New Store In Miami, FL
Ross Dress for Less will open a new store in Miami on October 12. With this new opening, Ross will operate 180 stores in Florida and a total of 1,529 locations.
POC Adds Regional Sales Manager, New Sales Reps
POC, a manufacturer of ski, snowboarding and cycling helmets, eyewear, apparel and protection, has added several new hires to bolster sales efforts and service in key territories.
Alex Rodriguez Invests In Fitplan
Fitplan, a personal training app that connects its members to trainers for their workout plans and advice, has announced a group of prominent investors that includes former Major Leaguer Alex Rodriguez.
Tariff Impact So Far Less Than Feared
With another round of tariffs arriving on September 1, tariff-mitigation strategies were again detailed on recent quarterly conference calls. Only a few companies significantly reduced earnings forecasts at least for 2019 due to their likely impact. Tariff insights from Sportsman’s Warehouse, Genesco, Lululemon, Designer Brands, Zumiez, Shoe Carnival and others.
RV Wholesale Shipments Projected To Retreat Through 2020
RV wholesale shipments will see a modest cyclical decline through the remainder of 2019 and into 2020, according to the latest issue of RV RoadSigns, the quarterly forecast commissioned by the RV Industry Association.
Nike To Open Flagship In Toronto
According to Globes, an Israel-based publication, Nike will be opening a massive Niketown flagship store at Yorkdale Shopping Center in Toronto.
More Retailers Ask Customers To Stop Carrying Guns
Walgreens, CVS and Wegmans will start requesting that their customers not openly carry guns into their stores in states where open carry is legal. The moves follow similar steps by Walmat and Kroger.
Kohl’s Announces President Plans to Step Down, Paul Gaffney Named CTO
Kohl’s announced that Sona Chawla will step down from her role as president at Kohl’s in mid-October to pursue new opportunities. Paul Gaffney, most recently at Dick’s Sporting Goods, has been named chief technology officer.
NOLS Appoints Terri Watson As President
The National Outdoor Leadership School (NOL) announced that Terri Watson was selected by the NOLS Board of Trustees as the school’s sixth president. Watson succeeds John Gans who announced last November that he planned to step down after 24 years in the role.
VF Corp To Boycott Brazilian Leather
VF Corp., the parent of The North Face, Timberland, Vans and Kipling, will no longer buy Brazilian leather as continuing forest fires ravage the Amazon rainforest. In a statement, VF said it would resume buying Brazil leather when “we have the confidence and assurance that the materials used in our products do not contribute to environmental harm in the country.”
Star Wide Receiver Antonio Brown To Wear Xenith Helmet
Controversial NFL star Antonio Brown has signed an endorsement deal with Xenith Shadow, the helmet company has announced.
Lululemon Is Living The ‘Sweat Life’
As Lululemon Athletica Inc. continues on a five-year vision of growing its core business in the low-double digits annually, the company’s aspirations go far beyond executing on the three pillars of product innovation, omni-guest experience and market expansion. It also requires working up a good sweat.
Nike Honors LeBron James With Naming Of New Advanced Innovation Building
Nike on Friday announced it has named the latest building in its World Headquarters (WHQ) campus expansion after LeBron James, two-time Olympic gold medalist, three-time NBA champion and four-time NBA MVP.
Aisle Talk Week Of September 2
Top headlines from across the active lifestyle industry featured in SGB for the Week of September 2, 2019.
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