Sears Holdings, the parent of Sears and Kmart, filed for Chapter 11 bankruptcy early Monday morning after a long battle to stay afloat amid steep declines in sales and customer traffic. As part of the bankruptcy, Sears will shutter 142 stores toward the end of the year.
Author: SGB Media
StockX Expands To Europe
StockX, the sneaker re-seller website, officially launched the company’s expansion to the European market.
K-Swiss Supports United We Dream
K-Swiss announced the launch of a limited-edition DREAMer pack in support of United We Dream, the largest immigrant youth-led organization in the nation that organizes and advocates at the local and national levels for the dignity and justice of immigrants and communities of color in the U.S.
Simon To Develop NHL Seattle’s Headquarters
Simon Property Group, the shopping mall developer, announced the company is joining with NHL Seattle, the group closing in on obtaining an NHL franchise for the city, to have the team’s corporate headquarters and Training Center become a part of the re-imagined Northgate community.
Under Armour Settles Lawsuit With Armore
Under Armour has reached an undisclosed settlement with Oklahoma-based exercise equipment company Armore according to the Associated Press.
Scheels To Open Store In Colorado Springs
Scheels All Sports plans to open the company’s second store in Colorado in Colorado Springs in the spring of 2021. The 220,000-square-foot store will feature a 65-foot, 16-car working Ferris wheel, giant saltwater aquarium, “wildlife mountain” of taxidermy specimens and 75 specialty shops.
Diamond Brand Outdoors Closes Asheville Flagship
Diamond Brand Outdoors has closed the company’s flagship on Hendersonville Road in Ashville, NC, but is retaining the company’s full-price location inside the Aloft Hotel on Biltmore Avenue. The retailer’s discounted gear shop, Frugal Backpacker, is opening a second store, according to Citizen Times.
Vineyard Vines Opens Pop-Up Location At Patriot Place
Vineyard Vines, the lifestyle apparel brand best known for the company’s smiling pink whale logo, announced the opening of their new pop-up store location in Patriot Place, a regional shopping, dining and entertainment destination located adjacent to Gillette Stadium in Foxborough, MA.
18th Annual Spalding Hoophall Classic Presented Draws Elite Talent
The Naismith Memorial Basketball Hall of Fame announced the field of teams and game schedule for the 2019 Spalding Hoophall Classic presented by Eastbay, an annual basketball showcase now in its eighteenth year at Springfield College.
STX Extends Partnership With USA Hockey
STX and USA Hockey, the national governing body for the sport of ice hockey in the United States, announced an extension to their partnership.
Eastbay Partners With Snap! Raise
Group fundraising solution Snap! Raise announced a new partnership with Eastbay, owned by Foot Locker Inc.
PGA Of America Appoints Board Member
Andrea B. Smith, chief administrative officer (CAO) at Bank of America, has been elected to the PGA Board of Directors as an independent director.
AllTrails Finds Funding
AllTrails helps people explore the outdoors with the largest collection of detailed, hand-curated trail maps as well as trail reviews and photos crowdsourced from the company’s community of over 9 million hikers, mountain bikers and trail runners. AllTrails has the #1 Outdoors app for iOS & Android with more than 12 million mobile downloads and reaches 44 million people each year through alltrails.com, the App Store and Google Play.
Velocity Outdoor Appoints National Account Manager
Velocity Outdoor, formerly Crosman Corp., announced that Mike Lindahl has joined the company as national account manager. Lindahl is a seasoned sales and marketing professional with experience in servicing customers and driving organizational revenue growth.
Wilderness Society Statement On Karen Budd-Falen
The Wilderness Society expressed disappointment over reports that Karen Budd-Falen will assume the position of deputy solicitor for Wildlife and Parks at the Department of the Interior.
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