Located off the Garden State Parkway at 230 Half Mile Road in Red Bank, Life Time Middletown-Red Bank employs 230 full and part-time employees as part of the 127,000-square-foot space.
Category: Sports/Fitness
Life Time Appoints Andre Agassi as Chair of Pickleball and Tennis Board
With Founder, Chairman and CEO Bahram Akradi, who will serve as Board Co-Chair, Agassi will spearhead efforts to elevate the profile, programming, leagues, and community of tennis and pickleball.
EXEC: Big 5 CEO Talks Efforts to Offset One-Two Punch from Weather and Economy
The Apparel category was down approximately 30 percent year-over-year in the fourth quarter. The Footwear category was down approximately 17 percent and the Hardgoods category was down approximately 11 percent for the period.
Big 5 SG Posts Q4 Loss on Sharp Decline in Same-Store Sales
For the fiscal 2024 first quarter, BGFV expects same-store sales to decrease in the low double-digit range compared to the fiscal 2023 first quarter.
Vision Fitness Appoints GM for U.S. Commercial Business
Chris Torggler was hired as general manager of the U.S. Vision Commercial Group. He brings 30 years commercial fitness industry sales and product leadership experience to the new role.
Game One Appoints Chief Executive Officer
Team sports retailer Game One promoted company president Pat Weber to chief executive officer, effective February 16, 2024. As CEO he will also maintain his role as president of the company.
The Athlete’s Foot Posts 7 Percent Sales Increase in Fiscal 2023
The Athlete’s Foot sneaker and streetwear chain has 550 stores and e-commerce shops in 30+ countries. Its global headquarters are in Stans, Switzerland, and Atlanta, Ga. in the United States.
Macy’s Inc. Swings to Q4 Loss on $1 Billion Charge for New Plan, Store Closures
Included within the charge is a roughly $950 million non-cash asset impairment charge, primarily related to the approximately 150 locations planned for closure and the remaining associated with corporate assets.
Macy’s, Inc. to Shutter 150 Macy’s Doors, Boost Investment and Door Count in Luxury
As part of the strategy, approximately 15 Bloomingdale’s nameplate stores, 30 new Bluemercury stores and roughly 30 Bluemercury remodels are anticipated to open in new and existing markets over the next three years.
EXEC: Puma SE Posts Flattish Bottom Line in Q4 on Sales Decline to End the Year
Sales growth for 2024 is estimated in the mid-single-digit percentage rate in constant-currency terms and EBIT is seen in a range between €620 million and €700 million.
Dillard’s Q4 Sales Decline Year-Over-Year Despite Extra Week
Total retail sales decreased 5 percent on a like-for-like 13-week basis. Sales in comparable stores for that same period decreased 5 percent.
Report: January Golf Rounds Played Stymied by More Seasonal Weather
National rounds played for January 2024 were down 16.6 percent as wetter, colder weather in key Southeast markets and all off-season regions offset the substantial growth in golf rounds played in California, with solid growth in Arizona, New Mexico and Nevada.
Sports Direct Parent Frasers Group Adds to Board of Directors
The parent of Sports Direct, Slazenger, Donnay, LA Gear, No Fear, and Antigua, is appointing new directors to its Board, including Helen Wright, Global CEO of Sergio Rossi, Sir Jon Thompson, former chief executive of the Financial Reporting Council, and two current company executives, Ger Wright and Ger Wright.
The Beachbody Company Ticker Symbol Changes Next Week
Class A common stock will begin trading on the New York Stock Exchange under the new ticker symbol BODI before the market opens on March 4, 2024.
Wofford College Appoints New Director of Athletics
Scott Kull is the deputy athletics director for external affairs and executive director of the University of North Carolina Charlotte Athletics Foundation and will join Wofford on April 1, 2024.