Century 21 announced plans to reopen in Spring 2023 at its former location near the World Trade Center in downtown Manhattan. The reopening comes two years after the store closed due to the pandemic. (Read More)
Felicia Mayo, who has worked as Nike's chief talent, diversity and culture officer since July 2020, is leaving the company at the end of July 2022, according to an internal memo obtained by The Financial Times. (Read More)
The TJX Companies, Inc. reported earnings in the first quarter topped Wall Street's guidance, but sales were below plan, and the retailer lowered its U.S. growth guidance for the year. (Read More)
Shoe Carnival Inc. reported earnings and sales declined in the first quarter against challenging year-ago comparisons but were well above the pre-pandemic 2019 first quarter and topped Wall Street targets. The off-priced retailer raised its EPS guidance for the year. (Read More)
Relaxed COVID-19 restrictions, which gave people the ability to return to some of their traditional activities in 2021, was reflected in the 10 segments tracked for the 2022 edition of the National Sporting Goods Association’s (NSGA) Sports Participation in the U.S. report. (Read More)
Nike has ended its 17-year cooperation with Russian Premier League Football club Spartak Moscow after the team was ruled out of next season's European competitions because of Russia's invasion of Ukraine. (Read More)
The U.S. Census Bureau said overall retail sales in April were up 0.9 percent seasonally adjusted from March and up 8.2 percent year-over-year. That compared with increases of 1.4 percent month-over-month and 7.3 percent year-over-year in March. (Read More)
Itochu Corp reached an agreement with Authentic Brands Group (ABG) for rights to distribute market and license Reebok in Japan. (Read More)
On, the Swiss running brand, raised its outlook for sales and earnings for the current year after reporting first-quarter results that easily topped Wall Street estimates. Net sales vaulted 67.9 percent in Q1 2022 and sales are now expected to grow at least 44 percent in 2022. (Read More)
Sportsman’s Warehouse Holdings, Inc. appointed Sruti Patnaik as chief information officer leading its information technology efforts and building out its omni-channel capabilities. She was at Ross Stores. (Read More)
