Cabela’s Credit Card Staffers Face Lay Offs

Capital One Financial, which bought the credit card operation of the former Cabela’s, said 153 employees in Lincoln, NE, will be laid off. In June, about 450 people had been working in Lincoln, NE, servicing the customers of the Cabela’s CLUB card, according to the Omaha-World Herald.

New Balance Signs Sprinter Gabby Thomas

New Balance has signed Harvard sprinter Gabby Thomas to a multi-year endorsement contract. Thomas won the 200m 2018 NCAA Indoor Track and Field Championships and took 2nd in the DI NCAA Outdoor National Track and Field Championships.

Express Expands NBA Partnership

Express Inc. expanded the company’s partnership with the NBA. The chain also unveiled the company’s second “NBA Game Changers” campaign and Performance Collection featuring NBA All-Star Victor Oladipo (Indiana Pacers), Mo Bamba (Orlando Magic) and Trae Young (Atlanta Hawks).

Report: Sears Hires Bankruptcy Professionals

Sears Holdings Corporation, the parent of Sears and Kmart, is considering filing for bankruptcy protection as soon as this week as it faces a large debt repayment on Monday, reports The Wall Street Journal. Advisory firm M-III Partners LLC has been hired to prepare the bankruptcy filing, according to the report.

Nearly One in Four Americans Use A Health Club

The International Health, Racquet & Sportsclub Association (IHRSA) released the 2018 Health Club Consumer Report that showed that health club membership reached an all-time high in 2017, attracting 60.9 million members, an increase of 6.3 percent from 2016.

Vibram Announces Management Changes

Vibram Corp., North Brookfield, MA, said Tuesday that Michael Gionfriddo has announced his retirement as the company’s president and CEO effective December 31, and that Fabrizio Gamberini has been appointed the new president of Vibram in the United States.