ICSC announced a new virtual conference, Now & Next: Retail in the Age of COVID-19 to be held September 29 to 30, 2020. Keynote speakers include Brian Cornell, board chairman and CEO of Target; Mary Dillon, CEO of Ulta Beauty; Sandeep Mathrani, CEO of WeWork; and Judith McKenna, president and CEO of Walmart International.
Category: Footwear
August Retail Sales Grow As Pandemic Recovery Continues
Retail sales continued to recover from COVID-19 in August, showing a gradual improvement from July and larger gains year-over-year, the National Retail Federation said.
Dick’s SG Settles $2.9 Million Wage Deal
Dick’s Sporting Goods agreed to pay $2.9 million in a settlement between the retailer and California retail workers over apparel costs and mandatory off-the-clock security checks according to a report from HR Dive.
Foot Solutions Acquires Noene America
Foot Solutions, Inc. announced the acquisition of Noene (pronounced “Know-EEN) America.
Fleet Feet Launches Fit Id. Personalized Footwear Experience
Fleet Feet announced the launch of integrated dynamic pressure mapping as part of the brand’s in-store outfitting experience, fit id.
Apex Global Brand’s Q2 Sales Slip 21 Percent
Apex Global Brands reported sales declined 21.4 percent in the second quarter ending August 1. The net loss came to $1.3 million, or $2.38 a share, in-line with the year-ago period. The owner of Hi-Tec, Magnum, Tony Hawk and other lifestyle brands also said it entered into an amended forbearance agreement with senior secured lender on September 1.
VF Releases 2020 VF Global Inclusion And Diversity Annual Profile
VF Corp. released the second edition of its VF Global Inclusion & Diversity Annual Profile. The report is public for the first time.
Swiss Running Brand ‘On’ Launches Sustainable Subscription Service
Swiss-based running brand, On, announced the launch of its subscription-based service to support recyclable sportswear to On customers worldwide.
Canada’s MEC To Be Acquired By U.S. PE Firm
Mountain Equipment Co-op (MEC), Canada’s largest outdoor chain with 22 stores, announced its board of directors has unanimously approved a deal in which a Los Angeles-based private investment firm will acquire MEC’s assets, including the majority of its retail stores. Vancouver-based MEC said the transition from a co-operative structure to a subsidiary of Kingswood Capital Management is needed to ensure a stable future for the business.
Simon Will Not Open Properties On Thanksgiving Day
Simon Property Group, one of the largest mall operators in the country, announced it will not open properties on Thanksgiving Day.
Sportsman’s Warehouse To Open In Chambersburg, PA
Sportsman’s Warehouse Holdings, Inc. plans to open a new store in Chambersburg, PA this month with a grand opening celebration to be held September 24 to 26.
Amazon To Hire 100,000 To Keep Up With Online Shopping Surge
Amazon announced that it is hiring an additional 100,000 regular employees throughout the U.S. and Canada on top of the 33,000 Corporate and Technology jobs announced last week.
REI Co-Op Sells Headquarters To Facebook
REI Co-op announced that it has completed the sale of its newly completed corporate campus in the Spring District neighborhood of Bellevue, WA, for a purchase price of $390 million. The 400,000-square-foot campus and approximately six acres of land were purchased by Facebook on September 14.
Crocs Appoints President
Crocs Inc. announced that Michelle Poole has been appointed as president, Crocs, Inc. effective September 10, 2020. She will continue to report to Andrew Rees, CEO.
Hibbett Sports Opens In Morgantown Mall
Hibbett Sports announced the opening of the newly relocated store in the Morgantown Mall in West Virginia.
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