Over the course of last year, Amazon customers saved nearly $24 billion from deals and coupons—with Prime members enjoying the vast majority of those savings—including over $2.5 billion during Prime Day 2023,
Author: SGB Media
UK Retail Sales Rebound in May
Retail sales in the United Kingdom rose 2.9 percent in May, up from a revised 1.8 percent fall in April, the Office for National Statistics said.
JF Fitness of North America Secures Capital Investment, Acquires Crunch Franchisee
Trive Capital and 808 Capital Partners have announced an investment in JF Fitness of North America, a Crunch Fitness franchisee operating 24 gyms across the Mid-Atlantic and Southeast regions. JF Fitness has acquired Team Roldan with eight gyms across the South.
The Picklr Closes Series B Financing with $59 Million Valuation
The round wqs led by Pickleball, Inc., the parent company to some of the largest pickleball brands in the world, including the Carvana Professional Pickleball Association (PPA Tour), Pickleball Central, Pickleball Brackets/Pickleball Tournaments, PickleballTV, Pickleball.com and TopCourt.
Peak Performance to Open its First London Store
The Scandinavian outdoor brand, owned by Amer Sports, will open a store in Covent Garden, its first in the UK.
Terracea Shifts to Online Only Business Model
Brand shifts focus from niche ski and snow to everyday outdoor apparel using online-only sales model.
Target Corporation Shifts Senior Merchant and Marketing Roles
Christina Hennington, currently chief growth officer, has been named chief strategy and growth officer, Rick Gomez has been appointed chief commercial officer, and Lisa Roath, current CMO, will take on the role of chief merchandising officer of food, essentials and beauty,
Fleet Feet Opens in North Augusta, SC
The store is the second for owners and operators Michael and Jenafer McCauley, who opened their first store in Augusta, GA, 15 years ago.
Fanatics Becomes Master Licensee of Juventus Under New Partnership
The new partnership runs through the end of the 2024/25 season. Fanatics becomes the master licensee for the Juventus merchandise portfolio and will operate the business from its Fanatics headquarters in Italy.
Rumpl Doubles-Down on Great Lakes Wholesale Territory
Parallel 45 Sales represents Rumpl in Michigan, Indiana, Kentucky, and Ohio.
Sports Direct Owner Acquires Luxury Website
Frasers, the U.K.-based parent of Sports Direct, has acquired Coggles, an online seller of designer fashion, from THG as part of a multi-year partnership that also includes Frasers using THG’s technology in some parts of its business.
Stan’s NoTubes Hires Product Manager and Engineer
Brendon Brogan was hired by Stan’s NoTubes as a product manager and Kai Gabriel as an engineer, who interned for the company while attending Penn State University for mechanical engineering with a minor in engineering design.
Pickleball Kingdom Partners with The Kitchen
Pickleball Kingdom, the indoor pickleball entity, announced an exclusive partnership with The Kitchen, the media website, podcast, and YouTube channel dedicated to pickleball.
Garmin Appoints Co-COOs
Patrick Desbois and Brad Trenkle were promoted to the newly created role as co-chief operating officers (Co-COO), effective July 1, 2024. Desbois had been Garmin’s EVP of operations, while Trenkle led the company’s outdoor segment.
Target+ Opens to Shopify Sellers in New Partnership
Target Corp. unveiled a new partnership with e-commerce platform Shopify aimed at expanding its digital marketplace offerings. Beginning June 24, merchants currently utilizing Shopify’s services can apply to join Target+, the retailer’s third-party marketplace.