Hudson’s Bay Co., the owner of Saks Fifth Avenue, is considering a bid for Kohl’s Corp., according to a report from the Wall Street Journal.
Author: SGB Media

RECALL: Specialized Sirrus Bicycles
Specialized has issued a voluntary recall of about 36,000 Sirrus, Sirrus X and Sirrus Sport Bikes with alloy cranks that were sold in the U.S.

February Retail Sales Rose Strongly Year-Over-Year
Retail sales showed a strong year-over-year gain in February, but the monthly pace slowed compared with January as inflation drove up prices and lingering effects of the COVID-19 omicron variant affected the supply chain, the National Retail Federation said.

Gregory Sales Climb 16 Percent In 2021
Samsonite International S.A. reported sales from its Gregory backpacks rose 15.9 percent to $59.4 million from $51.2 million a year ago. Sales on a currency-neutral basis grew 16.2 percent.

Icebreaker Appoints GM For North America
Icebreaker, owned by VF Corp., has hired Noah Bryan as general manager for North America. Most recently, he worked as the senior business development manager for sports and outdoors at Amazon.
PingPod Closes $10 Million Series A Funding For Expansion
PingPod, the table tennis on-demand concept with three New York City locations, has raised $10 million in a Series A funding round.
Nutrishop And 24 Hour Fitness Expand Partnership
Nutrishop expanded its partnership with 24 Hour Fitness with plans to have approximately 50 Nutrishop franchised shops inside 24 Hour Fitness locations over the next four years.
Primary Arms Names Creative Manager
Primary Arms hired Grace Jin as its creative manager overseeing graphic and visual media for the company’s major business units.
Taurus Hires VP Of Sales
Taurus hired Justin Porlier as vice president of sales. Most recently, he was regional sales manager for Dunkin Lewis, Inc.

NRF Forecasts Annual Retail Sales To Increase In 2022
The National Retail Federation issued its annual forecast, anticipating that retail sales will grow between 6 percent and 8 percent to more than $4.86 trillion in 2022. The 2022 figure compares with 14 percent annual growth rate in 2021, the highest growth rate in more than 20 years. This year’s sales forecast is notably above the 10-year, pre-pandemic growth rate of 3.7 percent.
JCPenney Scores Exclusive With Airwalk
JCPenney debuted an exclusive footwear collection with Airwalk, the skate and lifestyle sneaker brand owned by Authentic Brands Group.

Garmont Introduces Groove Mid G-Dry Hiking Shoe
Garmont introduces its Spring 2022 collection, headlined by the Groove Mid G-Dry hiking shoe, featuring a new fit developed for the North American consumer. After research and analysis on the anatomy of the “North American foot,” its latest hiking shoe gets an updated fit and last, wider toe box with “more space around the toes […]
SIA Partners With Raccoon Events For Snowbound Expo
Snowsports Industries America (SIA) announced a long-term partnership with Raccoon Events, the consumer show organizer, in conjunction with Snowbound Expo scheduled to take place at the Hynes Convention Center in Boston from November 18-20, 2022. The three-day event will be held in a 112,000-square-foot space and host six-time Olympic medalist Bode Miller, ski legend Dan […]
SaltStick Launches Race Ready Line Of Electrolytes
SaltStick Electrolytes (SaltStick) launched an electrolyte capsule line called Race Ready made for athletes who need to make informed decisions about what they put in their bodies when training and competing. SaltStick has been an advocate for clean sport, relying on quality ingredients and independent product testing since 2008 when the company was founded. This […]
Igloo Celebrates 3:16 Day With WWE “Stone Cold” Steve Austin Playmate Cooler
Igloo entered an exclusive partnership with WWE and launched a special-edition “Stone Cold” Steve Austin Playmate cooler today, 3:16 Day, to honor the six-time WWE Champion and WWE Hall of Famer. “‘Stone Cold’ and the ice-cold-keeping Playmate on 3:16 Day… it’s the perfect way to kick off our exciting partnership with WWE,” said Brian Garofalow, […]