Sportsman’s Warehouse’s Q1 Same-Store Sales Slide 18 Percent

Sportsman’s Warehouse Holdings, Inc. reported a net loss of $15.6 million in the first quarter ended April 29. Same-store sales decreased 17.8 percent, and results were in line with company guidance. For the second quarter, the Hunt & Fish retailer forecasted a return to profitability, with same-store sales declining 17 percent to 9 percent year-over-year.

Timberland X Icebreaker Launch Apparel/Footwear Collab

Timberland and Icebreaker joined forces for the first time to create the Timberland x Icebreaker capsule collection aiming to “bridge the gap between urban and natural environments with pieces designed to take you from the city to the outdoors and back again.” “At Icebreaker, nature is our biggest inspiration. It influences everything we do, from […]

Sports Warehouse To Pay $300,000 For Data Breach

Sports Warehouse, which owns the online sporting goods websites Tennis Warehouse, Running Warehouse, Skate Warehouse and Tackle Warehouse, will have to pay $300,000 in penalties to the state of New York and strengthen its cybersecurity measures after being found liable for failing to protect 2.5 million consumers’ personal data, according to a statement from New York’s Office of the Attorney General (OAG).

Foot Locker’s Debt Ratings Outlook Lowered To Negative

S&P Global Ratings lowered its outlook on Foot Locker to negative from stable as the sneaker chain lowered its full-year guidance due to a combination of inflationary pressures, higher-than-expected discounting initiatives and weak consumer spending.