Retro Fitness Names Chief Development Officer

Retro Fitness named Larry Strain as chief development officer. He brings more than 25 years of experience in the franchise space, including having worked at Starbucks, McDonald’s and Dunkin’ Donuts.

ICSC Sees Holiday Sales Expanding 3.8 Percent

Retail sales are expected to grow 3.8 percent this holiday season, according to ICSC’s 2023 holiday shopping forecast. The agency also forecasted a 7.6 percent increase in F&B, bringing the total expected spend for the season to $1.60 trillion.

Vista Outdoor Announces CFO for Outdoor Products Business

Vista Outdoor, Inc. announced that Andy Keegan, vice president and interim chief financial officer of Vista Outdoor, was promoted to CFO of Revelyst following Vista Outdoor’s planned separation of its Outdoor Products segment into a standalone public company.

Deloitte Sees 2023 Holiday Spending Returning to Pre-Pandemic Levels

Deloitte is forecasting that holiday spending this year will surpass pre-pandemic levels for the first time.  Consumers surveyed for the report plan to spend an average of $1,652 during the shopping season—a 14 percent year-over-year increase, though a modest four-year CAGR of 2.5 percent reflecting a normalization of trends.

Sea to Summit Appoints Board Chair

The global adventure equipment brand headquartered in Perth, Western Australia appointed former Nestlé SVP Wayne England as the new chair of the company’s board of directors.