EXEC: L.L.Bean Approves 9 Percent Bonus for 5,600 Employees Despite a Down Year
EXEC: Dick’s Sporting Goods on Path for Biggest Expansion Since 2017
Under Armour Shakes Up C-Suite as Plank Assumes CEO Role, Gives Up Board Chair
EXEC: Rapala VMC Posts Wider 2023 Net Loss on Double-Digit Sales Decline
Legendary Innovator Gert Boyle: Spanning Generations
SGB Update
Report: Retail Industry Continues to be Largest Private-Sector Employer
The retail industry supported 55 million full- and part-time jobs in 2022, accounting for 26 percent of total U.S. employment, according to a new report released by the NRF.
RVIA: Board Meeting Notes and RV Campground Coalition Hold First In-Person Meeting
The newly formed RV Campground Coalition held its first in-person meeting and began setting goals to unify the industry around campgrounds’ importance to RV camping’s current and future health.
1791 OLG Hires Director of Product Development
As the Director of Product Development, Justin Hoffman will collaborate with vendors, business-to-business customers and consumers to meet growing demand for the company’s products.
SGB Executive
EXEC: L.L.Bean Approves 9 Percent Bonus for 5,600 Employees Despite a Down Year
The retailer ended the 2023 fiscal year with annual net revenue totaling $1.7 billion, compared to $1.8 billion in the prior year. The Board approved a performance bonus of 9 percent of annual pay for its approximately 5,600 employees, comprised of a 5 percent cash bonus and a 4 percent 401(k) contribution.
EXEC: Dick’s Sporting Goods on Path for Biggest Expansion Since 2017
After a strong finish to the fiscal year and posting its largest Q4 ever, the company has already put its stake in the ground for the next chapter (or chapters) in the story of the 75-year-old sporting goods retailer.
EXEC: Clarus Files Suit to Recover Shareholders’ Short-Swing Profits
The company seeks to “disgorge profits from certain shareholder transactions” in Clarus’ common stock in violation of Section 16(b) of the Securities Exchange Act of 1934, as amended.