NRF: Widespread Shutdowns Unlikely Amid Omicron Surge

In a statement, National Retail Federation (NRF) Chief Economist Jack Kleinhenz said the COVID-19 Omicron variant brings uncertainty to the economy in 2022 and could contribute to inflation, but is unlikely to cause widespread shutdowns or slowdowns.

Alliance Consumer Group Acquires Halo

Alliance Consumer Group, a manufacturer and marketer of flashlights, work lights, knives, multi-tools, pest defense, personal warming devices, and other outdoor lifestyle related products under various brands, announced it has acquired substantially all the assets of the Halo operating unit from Zagg, Inc.

Colton RV Acquires Pocono RV

Colton RV, a family-owned RV dealership serving Western New York, announced the acquisition of Pocono RV Sales and Service, adding brands including Entegra Coach and expanded inventory by Keystone, Dutchmen and Palomino in Pennsylvania.

Dorel Completes Sale Of Sports Segment To Pon Holdings

Dorel Industries, Inc. announced that it has completed the previously-announced sale of Dorel Sports, its bicycle segment, to Pon Holdings B.V., a Dutch mobility group, for US $810 million, representing approximately CAD $1.03 billion. Dorel Sports includes Cannondale, Schwinn, GT, Mongoose, Caloi, and IronHorse.

NSGA Announces 2022 Hall Of Fame Class

The National Sporting Goods Association (NSGA) announced Michael Gotfredson Sr., of Road Runner Sports, Wilson “Bill” Hunt of Champro and Bill Sorenson of American Sports Products Group as inductees to the organization’s Hall of Fame.

Platinum Equity Completes Deal For Pelican Products

Platinum Equity announced the completion of its acquisition of Pelican Products, the maker of protective cases for professionals and outdoor enthusiasts. Pelican CEO Phil Gyori will continue to lead the company following the transaction.

Wilson Combat Acquires Lehigh Defense

Lehigh Defense will join other Wilson-owned companies Chip McCormick Custom, Circle WC Ranch, Khumba Bush Camp, Scattergun Technologies, Wilson Custom Ammunition, and Wilson Combat to expand the group’s presence in the firearms and hunting marketplace.

Emerald Acquires MJBiz

Emerald Holding, Inc. announced that it has completed the acquisition of MJBiz, the event producer and content platform serving a wide range of companies operating in the cannabis industry.