June Retail Sales Up 4.2 Percent Over 2017

June retail sales were up 0.07 percent seasonally adjusted from May’s strong performance and increased 4.2 percent unadjusted year-over-year as economic growth continued despite the U.S. trade war with China and other countries, the National Retail Federation said Monday. The numbers exclude automobiles, gasoline stations and restaurants.

Retail Report Roundup

Studies arrived last week on BTS selling arriving early, stores dominating BTS selling, Amazon Prime Day launching BTS season, U.S. retail CEOs who are bullish on growth, Nordstrom’s high emotional intelligence ranking, Amazon’s broadening influence and loyalty-program inhibitors.

IHRSA Urges Support For PHIT Bill Passage

H.R. 6312, a modified version of PHIT, removes exercise videos and exercise equipment from the definition of medical care but is better positioned to move onto to the next stage of the legislative process.

Jim Baugh Discusses Possible PHIT Act Passage  

On Thursday, the U.S. House of Representatives Committee on Ways & Means approved the PHIT Act, bringing the bill the closest it’s come to becoming law since its inception. Here, Jim Baugh, founder of PHIT America, talks about what passage of the PHIT Act could mean for the sporting goods industry, continuing obstacles to its passage and the ongoing battle against sedentary lifestyles.

SGB Executive Q&A: Oofos’ Steve Gallo

Steve Gallo, president of Offos, discusses what’s behind the recovery-footwear leader’s explosive growth, the brand’s fanatical fans and the still-emerging recovering footwear opportunity.

Aisle Talk Week Of July 9

Top headlines from the active lifestyle industry you may have missed this week, including Fabletic’s big hires and ambitious plans to reach 100 stores.

PHIT Act Passes Key House Committee Vote, Heads to Full House For Vote

The top congressional tax committee, the U.S. House of Representatives Committee on Ways & Means, approved the Personal Health Investment Today (PHIT) Act, by a vote of 28-6. The PHIT Act was passed through the committee, and will be part of a larger package of health savings account (HSA) reform measures that the full House will vote on later this month.

Does 2026 World Cup Present “Open Goal” For Adidas?

In a 26-page report, analysts at Macquarie Research said the 2026 World Cup, which is taking place in North America, represents a major opportunity for Adidas to increase the company’s lead in the sport of global football (soccer) and could significantly help narrow the company’s wide gap in U.S. market share against Nike.