Based on results for the holiday period, the company anticipates fiscal 2024 fourth-quarter net sales come in between $275 million and $277 million, compared to its previous guidance range of $284 million to $288 million.
Author: SGB Media
MeatEater, Inc. Appoints Kevin Eskridge as Chief Commercial Officer
Kevin Eskridge joins MeatEater from Brunt workwear and after an 11-year tenure at Under Armour. Scott Trepanier, who reports to Eskridge, also joined MeatEater after a 14-year career at Columbia Sportswear, most recently as VP marketing.
Nanuk Gear Protection Appoints VP of Global Sales for Consumer Division
Terri Schiek has over 30 years of experience working in executive roles with companies such as SA Consumer Products, Igloo, and Pelican Products.
Foot Locker, Inc. Elects Two Retail Heavy Hitters to Board of Directors
Sonia Syngal most recently served as president and CEO of Gap, Inc., including overseeing Old Navy, Gap, Banana Republic, and Athleta. John Venhuizen has served for 12 years as president and CEO of Ace Hardware Corporation.
Otis Technology Announces Sales, Marketing & Operations Promotions
The manufacturer of gun cleaning systems and accessories has implemented key promotions and new hires to achieve its strategic long-term goals.
Planet Fitness Strengthens Leadership Team with Two New Appointments
Chip Ohlsson was appointed chief development officer, effective January 20, and Brian Povinelli as chief marketing officer, effective February 10. Ohlsson has extensive hospitality industry experience, Povinelli is a seasoned marketing executive with over 30 years of experience working with hospitality and apparel brands and agency experience.
Authentic Brands Group Appoints New Company President
Over his two-decade career at Wynn Resorts, Matt Maddox reportedly played a pivotal role in the company’s global expansion. Nick Woodhouse will become executive vice chairman of Authentic.
Revelyst Names President, Licensing and Entertainment
Simon Waters assumes the newly-created role for the company’s expansive outdoor portfolio, which includes Foresight Sports, Bushnell Golf, Fox, Bell, Giro, CamelBak, Bushnell, and Simms Fishing.
Pickleball Kingdom Appoints President and Chief Global Officer
Rob Streett was promoted from chief operating officer to president and chief global officer. He will focus on scaling the brand across multiple regions and creating a global network of pickleball centers.
Kohl’s to Close an E-Comm Fulfillment Center and 27 Stores
The stores identified for closure are underperforming and represent approximately 2.3 percent of the company’s more than 1,150 locations. The San Bernardino EFC is one of 15 EFCs and DCs in Kohl’s nationwide supply chain network.
Crunch Franchise to Open Crunch Studios in Albuquerque, Dallas and Missouri
Crunch franchisee Tony Hartl announced he would open three Crunch gyms in the Spring of 2025: Crunch Albuquerque, Crunch South Dallas, and Crunch St. Peters in Missouri.
Planet Fitness, Inc. Touts 2024 Year-End Metrics at ICR
Membership reportedly grew to approximately 19.7 million members and full year system-wide same-club sales increased by 5.0 percent as of December 31, 2024.
Macy’s Reports Flattish QTD Comps for Q4 with Upside at First 50, E-Commerce
The retailer’s First 50 locations and luxury nameplates Bloomingdale’s and Bluemercury all continue their trend of positive comparable sales. Macy’s digital channel also achieved comparable sales growth for the period.
Nordstrom , Inc. Ups Fourth Quarter Guidance on Solid Holiday Comps
Nordstrom banner net sales increased 3.7 percent and comparable sales increased 6.5 percent, while Nordstrom Rack banner net sales increased 7.4 percent and comparable sales increased 4.3 percent.
Boot Barn Sees 8.6 Percent Comp Sales Growth in Holiday Quarter
The company expects retail same-store sales growth of approximately 8.2 percent and e-commerce same-store sales growth of approximately 11.1 percent.
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