SGB Media has obtained an internal communication from Dick’s Sporting Goods announcing the appointment of Todd Spaletto as president of its new Public Lands retail division serving the outdoor specialty market.
Category: Footwear
Zumiez Posts Strong Profit Uptick In Q3
Zumiez Inc. reported earnings rose 51.6 percent in the third quarter ended October 31 as sales grew 2.6 percent. Sales turned positive in September and October after delayed back-to-school spending dragged down August results.
Tilly’s Q3 Sales Impacted By Back-To-School Delays
Tilly’s Inc. reported earnings fell 67.2 percent in the third quarter on a 9.4 percent revenue decline. Online growth of 57.3 percent was unable to offset a 20.8 percent sales decline from physical stores.
Retail Ecommerce Ventures Acquires Stein Mart’s IP Assets
Retail Ecommerce Ventures (REV) emerged as the winner of a bankruptcy court auction for the intellectual property (IP) of Stein Mart Inc. The acquisition follows the purchase of the IP assets of Modell’s Sporting Goods earlier this year and more recent purchases.
UPS Drivers Told Not To Pick Up Shipments From Nike And Other Retailers Amid Order Surge
UPS has reportedly told drivers across the country to stop picking up packages from six retailers, including Nike, as the carrier attempts to keep up with a record-breaking online shopping season amid the pandemic, according to an internal message obtained by The Wall Street Journal. The other retailers cited were Gap, Macy’s, L.L. Bean, Hot Topic, and Newegg.
The Buckle’s November Comps Increase 8.4 Percent
The Buckle Inc. announced today that comparable store net sales for the 4-week period ended November 28 increased 8.4 percent compared to a year ago. Net sales increased 8.1 percent to $86.3 million.
NRF Sees Slight Decline In Shopper Traffic Over Thanksgiving Weekend
An estimated 186.4 million consumers shopped in-store and online from Thanksgiving through Cyber Monday, down slightly from 189.6 million in an unusually robust 2019, according to the annual survey released by the National Retail Federation.
StockX Reports Record-Breaking Cyber Weekend
Building on rapid growth in 2020, StockX reported a record-breaking Cyber Weekend, with daily gross merchandise value (GMV) averaging 100 percent growth compared to the same four-day period in 2019.
Caleres Appoints President
Caleres has appointed Jay Schmidt as president of the company as part of a number of changes to its leadership structure for a greater alignment with its strategic direction and growth initiatives.
Genesco Appoints Interim CFO
Genesco Inc. announced that Thomas A. George is joining the company as senior vice president, finance and interim chief financial officer, effective December 14, 2020. George succeeds Melvin G. Tucker whose resigned effective November 27.
SoulCycle Appoints New CEO
SoulCycle announced that Evelyn Webster will become its CEO in mid-December. Webster was most recently the CEO of Guardian News and Media’s international operations.
Without COVID-19 Vaccine, Americans Say No To Indoor Sporting Events
Even with wearing personal protective equipment and staying socially distanced, 67 percent of Americans surveyed said they would not attend an indoor sporting event without a COVID-19 vaccine, that according to a poll conducted by Seton Hall University’s Sharkey Institute. And fifty-eight percent of respondents said they would not attend an outdoor event under the same circumstances.
Surfline Secures Funding, Appoints CEO
Surfline\Wavetrak Inc., the company behind surf forecasting platform Surfline, announced an investment of $30 million by TCG. The company also announced the appointment of Kyle Laughlin as CEO. Laughlin succeeds Jeff Berg, who will play an active role in the company as executive chairman.
SGB Media Reports Top 20 Stories For November 2020
SGB Media has revealed its Top 20 read stories on SGBonline.com in November, according to stats compiled by Google Analytics.
SGB Media Sees Surge In Mobile Users As Web Page Views Jump 19 Percent
In a potential sign that the pandemic continues to influence how people consume content and shop, SGB Media saw its online media presence, SGBonline.com, post breakout numbers once again.
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