SGB Footwear

NRF Sees 3.6 Percent Gain In Holiday Sales

The National Retail Federation expects sales in November and December, excluding autos, gas and restaurant sales, to increase a solid 3.6 percent to $655.8 billion — significantly higher than the 10-year average of 2.5 percent and above the seven-year average of 3.4 percent since recovery began in 2009.

Moody’s May Downgrade Bass Pro’s Debt Ratings

Moody’s Investors Service placed the ratings on Bass Pro Group on review for a possible downgrade due to “significant integration risk” as well as a potential “sizable increase” in debt levels due to its pending acquisition of Cabela’s Inc.

Under Armour’s App Empire Gains Mindbody Power

Under Armour entered a partnership with California-based Mindbody, a cloud-based business management software company for the wellness industry, to enhance UA’s nutrition-tracking MyFitnessPal with class buying capabilities.