Hibbett Sports to Remain in Birmingham

Hibbett Sports Inc. has acquired a new site for its headquarters that will keep the retailer based in Birmingham, according to al.com. The move, expected to happen in April, will triple its office space from about 38,000 square feet now to 115,000 at the

Li-Ning’s CFO Resigns

Li Ning announced that its CFO Nicholas Chong had resigned to pursue other business opportunities, but will remain an adviser to the company. The company said it is lining up potential candidates as a replacement…

ACK to Open Fourth Store North of Houston

Austin Canoe and Kayak (ACK) plans to open a fourth location in Spring, TX just north of Houston and south of the bustling communities of The Woodlands and Conroe. This new store is in addition to the current Austin, San Marcos and Houston locations…

Shimano Expands Ladson, SC Distribution Center

Shimano American Corporation has broken ground on an expansion at its Ladson, SC, distribution center. The new construction adds nearly 99,000-square-feet to the current 102,000-square-foot facility, built by Shimano in 2006. The addition is scheduled to

TPG Withdraws Billabong Takeover Bid

TPG Capital on Friday walked away from its Australian 695 million dollar ($714 million) takeover offer for Billabong International. Billabong did not explain why TPG dropped the offer, but had said in a stock exchange announcement last week that: ‘&

NBA Plans Shopping, Dining Facility Outside Beijing

The National Basketball Association is building a facility near Beijing that will feature indoor courts, retail and dining, according to a report on Bloomberg News. The 12,000 square meter “NBA Center” will be constructed…

OR Attendees Lean Toward Keeping Show in Salt Lake

More retailers and exhibitors favor than oppose keeping Outdoor Retailer in Salt Lake City after 2014 if expanded exhibit space and hotel rooms can be provided, the trade show said Thursday. OR said a survey showed 43 percent of non-Utah retailers favor m