Record 166.3 Million Shoppers Expected During Thanksgiving Weekend

An estimated 166.3 million people are planning to shop from Thanksgiving Day through Cyber Monday this year, according to the annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. This figure is almost 8 million more consumers than last year and is the highest estimate since the NRF began tracking the data in 2017.

Retail Sales Growing As Holiday Season Begins

Retail sales grew again in October as consumers set aside concerns about inflation and many got a jump start on the holiday season, the National Retail Federation said. The U.S. Census Bureau said overall retail sales in October were up 1.3 percent from September and up 8.3 percent year over year.

USA Shooting Announces New CEO

USA Shooting hired Craig Kozeniesky as CEO, effective early January 2023. Brent McPherson will serve as interim CEO, and Alex Szablewski as interim COO until Kozeniesky assumes his role full-time.

Target’s Shares Tumble On Soft Holiday Outlook

Shares of Target fell $23.51, or 13.1 percent, to $155.47 Wednesday after the chain reported third-quarter profits plunged 52 percent and warned of a sluggish holiday, blaming inflationary pressures and a deteriorating economic outlook.

Kamik Names New COO

Kamik, the Canadian boot brand, hired Steeve Côté as chief operating officer, leading global operations, including supply chain management, manufacturing, and logistics.

Winnebago Industries Sets 2025 Strategic Plan Targets

Winnebago Industries President and Chief Executive Officer Michael Happe and other company leadership team members provided its 2025 strategic plan targets during its Investor Day meeting and an overview of its long-term strategies, business updates and perspective on the outdoor lifestyle industry.