NRF Sees 2019 Growth Between 3.8 And 4.4 percent

The National Retail Federation forecast that retail sales during 2019 will increase between 3.8 percent and 4.4 percent to more than $3.8 trillion despite threats from an ongoing trade war, the volatile stock market and the effects of the government shutdown.

Foot Locker Announces Global Realignment To Support International Growth Strategy

Foot Locker Inc., the New York-based specialty athletic retailer, on Tuesday announced a realignment of its organizational operating model into three distinct geographical regions: Europe, Middle East and Africa (EMEA); Asia Pacific; and North America, to better align its resources across its international businesses, and to develop an infrastructure to support an expansion plan within the Asian market.

Delta Apparel Sees Double-Digit Growth In Q1

Delta Apparel said robust growth for its Salt Life brand and digital print business, DTG2Go, drove a 12.5 percent climb in sales in the first quarter ended December 29, along with a spike in profitability excluding non-recurring items. Improving sales at Soffe and continued strength in fashion basics in its activewear business also supported the gains.

BikeCo Purchases ASE Assets As Going Concern

BikeCo, LLC, a joint venture consisting of Tiger Capital Group and Advanced Holdings Co. Ltd., has acquired the assets of Advanced Sports Enterprises (ASE). The winning bid, approved by the bankruptcy court on February 1, exceeded $23 million.

Gladiator Lacrosse Acquires All Ball Pro

Gladiator Lacrosse LLC announced the acquisition of St. Louis-based All Ball Pro, which currently manufactures and distributes commercial-grade and professional-grade rebounders for lacrosse and a variety of other sports.