Everyone knows that bikes have been going gangbusters at retail this year. But what other surprises have been selling well at retail this year, leaving shelves high and dry, cash registers ringing and store managers scrambling for inventory? To find out, we queried outdoor retailers across the country to see what outdoor products COVID-19 helped sell this season. The answers might surprise you. (Read More)
A survey of small- to medium-sized retailers commissioned by PayPal found that 20 percent of respondents felt that their future depended on sales generated from this year’s holiday selling season. Other surveys explored how retailers are preparing for the potential of a second wave of the coronavirus, rent relief, an early holiday selling season, and their frustrations with e-commerce. (Read More)
Remington Outdoor will be broken up and sold after a multiday bankruptcy auction with Vista Outdoor, Sierra Bullets, Sturm Ruger and Sportsman’s Warehouse among the successful bidders. (Read More)
Vail Resorts reported a 68 percent decline in revenue in the fiscal fourth quarter ended July 31 as its resorts were closed for much of the quarter. On a positive side, skiers are buying the company’s Epic Pass for the coming season, offering some hope that locals will help salvage the upcoming ski season. (Read More)
Speaking at SFIA’s virtual conference, “Back on Track: Insights and Strategies,” Puma North America’s president and CEO Bob Philion discussed how the digital shift has helped Puma secure space on retail selling floors. (Read More)
