Kohl’s will test a new in-store shop concept, Wellness Market, in 50 stores and online. The market, which will stock such items as green cleaning products, baby wipes and vitamins, is designed to appeal to consumers who view their health and wellness as a priority.
Category: Footwear
Big 5 Sporting Goods Posts Record Third Quarter
Big 5 Sporting Goods Corp. reported earnings jumped more than four-fold in the third quarter as same-store sales jumped 14.8 percent. Steve Miller, the company’s chief executive officer, said, “I am pleased to report an exceptional third quarter, which represents the strongest sales and earnings performance in our 65-year history.”
2021 Running USA Industry Conference Cancelled
Running USA said it has canceled its 2021 Industry Conference scheduled for February 2021 in New Orleans. All registered attendees have received communications with their follow-on options prepared.
Consumers Sweet Spot This Holiday Is Free Shipping, According To NPD
The 2020 holiday shopping season kicked off earlier this year with Amazon Prime Days and competing retail promotions in mid-October, and while consumers are always looking for good deals, their sweet spot this holiday will be free shipping, reports The NPD Group.
Crocs’ Q3 Earnings Jump 74 Percent
Crocs Inc.’s earnings jumped 73.5 percent in the third quarter on a 15.7 percent revenue gain and predicted fourth-quarter sales would expand between 20 and 30 percent.
ISPO Munich 2021 To Go Virtual
ISPO Munich’s 2021 show will take place February 1 to 5, completely online due to the coronavirus. Klaus Dittrich, the Chairman and CEO of Messe München, said, “With ISPO Munich Online, we are enabling all customers around the world to participate in the event. At the same time, we can create formats that integrate new target groups.”
Concepts To Open Flagship Store In Boston
Concepts announced the opening of its global flagship store in Boston at 18 Newbury Street. The 4,700 square feet store introduces immersive products, alongside brand and digital experiences covering three floors in Boston’s Back Bay.
Under Armour To Outfit Morgan State University
Under Armour reached an agreement to replace Adidas as the official outfitter for the Morgan State Athletic Department and its teams starting in 2020.
Ross Stores Opens 39 New Locations
Ross Stores announced the recent opening of 30 Ross Dress for Less and 9 dd’s DISCOUNTS stores across 17 different states in October. These new locations complete the company’s store growth plans for fiscal 2020 with the addition of 66 new stores
Academy Sports Announces Offering Of Senior Secured Notes
Academy Sports and Outdoors Inc. announced that its wholly-owned subsidiary, Academy, Ltd., intends to offer $400 million aggregate principal amount of senior secured notes due 2027 in a private offering.
Puma Becomes Kit Partner For Mumbai City FC
Puma announced a strategic long-term partnership with Mumbai City FC to become the official kit partner of the club.
Nike Partners With Seattle Storm To Grow Sport For Girls
The Seattle Storm announced a partnership with Nike, the WNBA and NBA for Season Two of Game Growers, a program for girls 13 years or older in seventh or eighth grade to share their ideas on how to encourage more girls to play sports.
Consumers Prioritize Spending On Family, Friends Ahead Of Holiday Season
Consumers plan to spend $997.79 on gifts, holiday items such as decorations and food, and additional “non-gift” purchases for themselves and their families, according to the annual survey released by the National Retail Federation.
L.L Bean Opens Store In Toronto
L.L Bean opened its fourth store in Canada after marking its entry into the country two years ago. The new store is located in Don Mills in Toronto.
FDRA Survey: Buying Shoes During Holiday Shopping Season; Casual And Athletic Footwear Tops The List
According to FDRA’s 2020 Holiday Shoe Sales Survey, 43 percent of shoppers are most likely to purchase casual shoes this holiday season, followed by 36 percent who will be buying athletic shoes, and 20 percent who are planning to purchase fashion/dress shoes or boots.
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