Stio To Open Store In Park City

Stio, the mountain lifestyle brand based in Jackson Hole, WY, announced the opening of its next Mountain Studio retail store in Park City, UT. The brand has leased a historic Main Street building and plans to open in mid-February.

REI Co-op Expands Gear Rental Program

REI said that starting in December, outdoor enthusiasts from kids to adults can rent snowshoes in 70 REI stores around the country.The co-op will continue to expand its rental program with new products and additional locations throughout 2019.

IOC Takes Leadership Role In The UN Sports For Climate Action Initiative

As world leaders at the UN Climate Change Summit in Poland (COP24) prepare to implement the Paris Agreement to limit the rise of global temperatures to 1.5°C above pre-industrial levels, the International Olympic Committee (IOC) has taken on a leadership role in the new UN Sports for Climate Action Initiative, which aims to drive climate action across the sports community.

Imports Set Another Record In October

Imports at the nation’s major retail container ports have set another new record, reaching 2 million containers in a single month for the first time as retailers continued to bring merchandise into the country ahead of a now-postponed increase in tariffs on goods from China, according to the monthly Global Port Tracker report.

GoPro Plans To Move US-Bound Camera Production Out Of China

GoPro Inc. on Monday announced that it plans to move most of its U.S.-bound camera production out of China by the summer of 2019 to mitigate the potential impact of inclusion on any new tariff lists. International-bound camera production will remain in China.

Report: Investor Fervor For Scooter Rentals Dims

Bird Rides and Lime, two of the leaders in the shared electric scooters space, have reduced their fundraising ambitions due to investor concerns over durability, vandalism, regulatory hurdles and heightened competition, according to a report in the Wall Street Journal.

Retail Jobs Grew 18,600 In November

Retail industry employment in November increased by 18,600 jobs seasonally adjusted from October, accounting for 12 percent of the 155,000-job increase reported by the Labor Department for the economy overall, the National Retail Federation said.