Rack Attack, the retailer of car racks, bike racks, rooftop tents, overlanding, and other outdoor gear, announced the acquisition of two new stores in Calgary, previously owned by Racks Unlimited. After the acquisitions, Rack Attack has a total of 38 stores in North America. (Read More)
REI Co-op hired Apple Musni as chief people officer, effective March 20. The company also promoted Chris Speyer to senior vice president and chief merchandising officer and Isabelle Portilla to vice president, Co-op Brands, effective immediately. (Read More)
Topgolf Callaway Brands Corp. completed a series of related transactions in support of a comprehensive plan to refinance its capital structure. Through these transactions, the company simplified and unified its financial reporting, extended its debt maturities, and improved liquidity. (Read More)
Wolverine World Wide, Inc. reported today that its Chairman and retired CEO, Blake Krueger, will retire from the Board on May 4. Tom Long, the Board's lead independent director, will assume the role of Chairman on May 4. The company also elected three new board members—Stacia Andersen, Jodi Bricker and DeMonty Price. (Read More)
America’s Outdoor Recreation Act (AORA) was reintroduced in the 118th Congress with strong bipartisan support, and the Outdoor Recreation Roundtable and its members across the $862 billion outdoor recreation economy urge swift approval of this bill. (Read More)
The National Ski & Snowboard Retailers Association (NSSRA), at its Board of Directors meeting on March 9, appointed Tracy Gibbons of Sturtevant’s (Bellevue, WA) as Chair, Robb Shepherd of Shepherd & Schaller Sporting Goods (Wausau, WI) as vice chair and Jon Morrill of Kittery Trading Post (Kittery, ME) as secretary/treasurer. (Read More)
Signa Sports United N.V. reported that the operating environment in the first quarter of fiscal 2023 was a continuation of the prior quarter, with depressed consumer sentiment and a promotional overstocked market, in particular in the bike category. (Read More)
Academy Sports and Outdoors Inc. reported earnings on an adjusted basis increased 12.5 percent in the fourth quarter ended January 28 as lower freight costs and overall operating expenses offset a 5.1 percent decline in same-store sales. EPS easily topped analysts’ consensus estimates while sales were below. (Read More)
Backpacker’s Pantry hired Sarah Raizk as VP of finance and accounting. (Read More)
Overall retail sales dipped slightly in February, but core spending rose, according to data reviewed by the National Retail Federation. (Read More)
