Big 5 Again Faces Activist Investors

Another activist group, led by former senior executives at Wal-Mart and Vans, have launched a website, www.SaveBig5.com, and sent out a press release urging shareholders to vote for them to fill two vacant seats on the board.

Performance Bicycle To Liquidate All Doors

Performance Bicycle in an amended bankruptcy filing said Gordon Brothers, which was initially to liquidate 40 Performance Bicycle stores, has been retained to liquidate the chain’s remaining 62 stores. The chain’s owner indicated stores may be reopening as part of the restructuring.

Firearms Background Checks Drop In October

The October 2018 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 1 million represented a decrease of 11.2 percent compared to the October 2017 NSSF-adjusted NICS figure of 1.13 million.

Fanatics Partners With Esports League

Fanatics announced an official retail and licensing partnership with Overwatch League. The multi-year deal is the first ever esports partnership for Fanatics, and is believed to be the first official merchandising deal between a major retailer and an official esports league

RILA Encouraged By Path Forward With China On Trade

Retail Industry Leaders Association’s vice president for international trade, Hun Quach, issued a statement following President Donald Trump’s meeting with Chinese President Xi Jinping during the G20 meeting in Argentina.

Lowa To Appoint Alexander Nicolai CEO

Lowa said that effective January 1, 2019, Alexander Nicolai will assume leadership of the Lowa’s operative business activities as the new chief executive officer. After heading Lowa for more than 25 years, Werner Riethmann will gradually begin to withdraw from daily business operations next year.