Sears Prepares For Possible Liquidation

Sears Holdings Corp. is preparing to potentially wind down the iconic retailer after Chairman Eddie Lampert’s bid to buy several hundred stores out of bankruptcy fell short of bankers’ qualifications, according to reports.

Coco Ho Joins Reef Team

Reef welcomed Coco Ho as an ambassador. Ho comes from a long line of professional surfers. Sister of current Reef ambassador Mason Ho, daughter of surfing Icon, Michael Ho and Niece to 1993 World Champion and former Reef ambassador, Derek Ho.

WSS Hands Out Thousands Of Toys To Their Communities

WSS, the sneaker retailer based in California, this holiday season, through their WSSCares! Initiative, and in partnership with Adidas and Mattel Toy Store, invited families throughout the season to WSS to host locations to pick out toys with their boys and girls. 

19 Burning Questions for ‘19

As the new year gets underway, plenty of questions linger around the active lifestyle, outdoor and sporting goods industries. The writers of SGB Executive came up with, fittingly, 19 questions that are likely to dominate headlines in ‘19, including the future of trade shows, the staying power of the athleisure trend, the effects of the trade war, the impact of channel disruption and much more. Here they are.

Aisle Talk Week of December 31

Top headlines from the active lifestyle industry you may have missed this week, including Sears Holdings revealing 80 more Sears and Kmart stores it plans to close in late March 2019 but also winning a reprieve from liquidating.

Foot Locker Makes Strategic Investment In Super Heroic

Foot Locker Inc. announced that it has made a strategic investment in Super Heroic Inc., best known for its kids footwear with an underlying message of empowerment. As part of Foot Locker, Inc.’s strategic investment, Kids Foot Locker will be the first brick-and-mortar retailer of Super Heroic products in the U.S.

Toms Donates $5M To Organizations Working To End Gun Violence

Toms has launched “End Gun Violence Together,” a campaign aimed at helping end the epidemic in America and kickstarting an evolution to the brand’s giving model. To launch the campaign, Toms will invest $5 million into organizations across the country that are committed to addressing the complex nature of gun violence through various tactics, including programming in communities of color, mental health, research and policy, and suicide prevention.

OBIT: Blake Nordstrom

Blake Nordstrom, the 58-year-old co-president of his family’s retail company, passed away unexpectedly, less than a month after being diagnosed with lymphoma.