Author: SGB Media

Ross Stores Opens 28 New Locations

July 24, 2019 SGB Update

Ross Stores Inc. announced the recent opening of 22 Ross Dress for Less and six dd’s Discount stores across 10 different states in June and July. These new locations are part of the COmpany’s plans to add approximately 100 stores in 2019, with 75 Ross and 25 dd’s Discount locations.

Synchrony And Fanatics Launch The Ultimate Fan Card

July 24, 2019 SGB Update

Synchrony and Fanatics have launched the FanCash Rewards Card by Fanatics, a new offering that will provide fans with a customized payment method for licensed sports merchandise, timeless memorabilia and collectibles and sports experiences.

EFI To Be Acquired By Siris Capital

July 24, 2019 SGB Update

Electronics For Imaging, Inc. (EFI), a  leader in digital printing innovation,  announced that it has entered into a definitive agreement to be acquired by an affiliate of Siris Capital Group, LLC in an all-cash transaction valued at approximately $1.7 billion.

Winnebago Industries Partners With KOA Care Camps

July 24, 2019 SGB Update

More kids and families facing cancer will experience the healing effects of nature in supportive camp environments, thanks to a partnership between KOA Care Camps and Winnebago Industries’ teams at Winnebago, Grand Design RV, and Chris-Craft.

VF Corp.’s Earnings Beat Estimates, Guidance Raised

July 24, 2019 SGB Update

VF Corp. raised its sales and earnings outlook for the year after reporting first-quarter earnings that topped Wall Street estimates. On a currency-neutral basis, sales grew 9 percent, led by a 23 percent jump by Vans and 12 percent gain at The North Face.

Drew Saunders, Oberalp Set New Course As Company Evolves

July 23, 2019 SGB Executive

SGB recently sat down with Drew Saunders, country manager for Boulder, CO-based Salewa North America—the U.S./Canadian headquarters for Oberalp Group and its four brands (Salewa, Dynafit, Pomoca and Wild Country)—to discuss Oberalp’s goal for its latest portfolio addition, Evolv, as well as other changes happening at the company. Here’s what he shared.

Athleta Chief To Take Post At Old Navy

July 23, 2019 SGB Update

Gap Inc. announced that Nancy Green, who currently leads the Athleta brand, will shift in early August to a newly created role as president and chief creative officer of Old Navy. While a search is underway for Athleta’s next president, the brand’s leadership team will report to Gap Inc. Chief Executive Officer Art Peck.

GNC Sees 700 To 900 Stores Closing

July 23, 2019 SGB Executive

GNC said sales remained sluggish into the second quarter and the seller of performance and nutritional supplements now expects 700 to 900 stores to close over the next three years. GNC CEO Ken Martindale said, “The negative trends in traffic that we’ve seen in mall stores over the past several years has accelerated during the past few quarters.”

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