Walmart U.S. has promoted Chris Nicholas to chief operating officer and hired Instacart’s Seth Dallaire as chief revenue officer, both newly created positions.
Author: SGB Media
Simon Malls To Close On Thanksgiving Day
Simon Property Group, the largest owner of shopping malls in the U.S., will close its locations for the second consecutive year on Thanksgiving Day. Its shopping malls will reopen on Black Friday.
Everlast Releases NFT With Deontay Wilder
Everlast announced the release of its first NFT in collaboration with fighter Deontay Wilder. The NFT will be a replica of the custom Everlast gloves Wilder wore when he fought Tyson Fury on October 9.
OIA And Access Fund Applaud Biden’s Proclamation To Restore Bears Ears National Monument
The Outdoor Industry Association (OIA) and Access Fund support the Biden Administration’s move to restore protections for Bears Ears, Grand Staircase-Escalante, Northeast Canyons, and Seamounts National Monuments.
Rally House Opens 15th Dallas Fort Worth Store
Rally House opened its fourth Dallas Fort Worth, TX location of 2021 and its 15th store this year.
NextLinks Appoints CEO
NextLinks announced that Dan Mechem has been named as chief executive officer. The San Diego, CA-based startup is aiming to build 15-to-20 indoor golf stadiums over the next five years.
House of Outdoors Acquires Bass Mafia
House of Outdoors (HOO), based in Frisco, TX, announced the acquisition of Mafia Outdoors, including its sub-brands; most notably, Bass Mafia, known for its premium tackle storage solutions.
Quality Bicycle Products Hires VP Of Brand Marketing
Quality Bicycle Products announced the hiring of Shylo Masumi Farnsworth as VP of brand marketing. Farnsworth brings 18 years of experience in marketing, retail, digital and brand experience and joins Quality Bicycle Products from Nike.
Lululemon Launches Centre For Social Impact
Lululemon Athletica Inc. announced the launch of its Centre for Social Impact to address “inequity in wellbeing through movement, mindfulness and advocacy.”
Big 5 Sporting Goods Appoints Board Member
Big 5 Sporting Goods Corporation announced the appointment of Lily W. Chang to its Board of Directors. Chang is currently the Chief Portfolio Services Officer of Leonard Green & Partners.
Asics Ventures Invests In Bisu
Asics Corp. announced that its investment subsidiary, Asics Ventures Corporation, has invested in Bisu, Inc., a startup developing “Bisu Body Coach,” a home health lab.
Canada Goose’s Debt Ratings Outlook Upgraded
S&P Global Ratings revised its debt rating outlook on Canada Goose Holdings Inc. to positive from stable. S&P said Canada Goose’s operating performance for fiscal 2021 was healthier than its previous expectation because of stronger consumer demand and better recovery post easing of restrictions.
Moncler Plans New Headquarters
Moncler is investing in a new headquarters in Milan that will be completed at the end of 2024.
Solo Brands Files For IPO
Solo Brands, Inc., owner of the Solo Stove, Chubbies, Oru Kayak, and Isle paddleboard brands, has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering.
Retail Imports Remain High, But Could Be Higher Without Port Congestion
Imports at the nation’s largest retail container ports should remain at near-record levels this month but could see a slight dip from last year’s unusually high numbers as congestion slows the movement of backed-up cargo, according to the monthly Global Port Tracker report released by the National Retail Federation.
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