Yaniv Benedek brings global experience across due diligence, mergers and acquisitions, strategic business development, and the establishment of new business initiatives to his new role.
Author: SGB Media
Ross Stores Inc. Makes Merchandising Leadership Changes
Karen Fleming was promoted to president and chief merchandising officer at Ross Dress for Less and Karen Sykes was promoted to president and chief merchandising officer at DD’s Discounts, with both moves effective December 1.
EXEC: Academy Shares Get Lift as Positive Comps Returned in August
With some major negative events behind it, Academy looks to new store growth as the primary sales driver. The stores opened in 2022 are all comping postive despite the challenging economic backdrop and remain pleased with the 2023 and 2024 new stores.
Gold’s Gym Builds Out Existing Markets with Summer 2024 New Gym Openings
By the end of 2024, Gold’s will have opened eight new U.S. gyms, including in Milpitas, CA; Thornton, CO; Silver Spring, MD; and New Bern, NC. The brand also has franchise agreements to grow in Long Island, NY; Miami, Fl; and San Jose, CA.
Jimmy Gabriel Named President and Chief Brand Officer at Aerosoles
Parent company American Exchange Group said Gabriel, a veteran with almost 50 years of experience in the footwear industry, brings his deep expertise and visionary leadership to Aerosoles.
Amped Fitness Pompano to Open in South Florida
With the Pompano Beach location, Amped Fitness will operate multiple locations across the South Florida region, building on its plans for continued growth.
EXEC: Backcountry Sold as TSG Closes Deal with CSC Generation Enterprise
CSC acquired the company from TSG Consumer Partners, which acquired the business in July 2015. CSC also owns the Sur La Table, One Kings Lane, Touch of Modern, DirectBuy retail brands, in addition to others.
Blink Fitness Signs Asset Purchase Agreement with PureGym
PureGym is the “Stalking Horse” bidder in the court-supervised sale of Blink Fitness to acquire its corporate operations and a substantial portion of Blink’s locations, focusing on New York and New Jersey.
Pickleball Kingdom to Open Club in Georgia
Targeting a late summer 2025 debut, the facility will feature 16 indoor courts within the 45,000-square-foot building, led by franchisees Dave Moran and Eric Middleton, co-owners of Wreak Havoc Sports,
Movement Climbing Yoga & Fitness Taps Co-Founder of Movement Legacy Brand as New CEO
Original Co-Founder and CEO Anne-Worley Moelter returns as CEO of Movement Climbing Yoga and Fitness, effective immediately. Moelter has been a climbing industry veteran for almost 25 years.
PickleRage Entering Alabama with New Mobile Location in Early 2025
Jonathan Keith and Mark Howard, franchise owners of the new Mobile location and longtime business partners in the real estate space, said they are eager to bring a first-class pickleball facility and experience to their local community.
Topgolf Breaks Ground on New Panama City Beach Location
The two-level venue located along Florida’s Emerald Coast in Panama City Beach. Set to open in summer 2025, it will be Topgolf’s 10th venue in the state.
EXEC: August Footwear Factory Shipments Show Mixed Trend Lines
Yuen Yuen, one of the largest active lifestyle footwear manufacturers, saw growth trends improve in August, increasing over 21 percent y/y, while Feng Tay, one of the longest-tenured makers of Nike footwear, saw shipments decline for the month.
Nate Smith Named CEO of Huk and Nomad Outdoor Parent
Smith brings 20 years of executive leadership experience working for consumer-branded omnichannel organizations in apparel, footwear and accessories. He has held senior executive roles at Patagonia and Oakley and, most recently, was president at Boardriders,
Academy Sports and Outdoors Cuts Guidance After Dismal Q2 Results
Sales for the second quarter were said to be more challenging than expected, impacted by a tough economy, a temporary DC backlog related to going live with a new warehouse management system and by a very active storm season across key portions of the retailer’s footprint.
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