Bankruptcy Court Approves PrairieFire’s Acquisition Of Front Sight
PrairieFire reported that the U.S. Bankruptcy Court for the District of Nevada confirmed its Chapter 11 plan of reorganization under which PrairieFire will acquire 100 percent of the equity of Front Sight Management, LLC, the firearms training institute.
Camping World’s COO To Retire
Camping World Holdings, Inc.’s Chief Operating Officer, Tamara Ward, will retire from her position effective December 31. Matthew Wagner, executive vice president, will be promoted into the role effective January 1, 2023, as part of a planned leadership succession.
Newell Brands’ Debt Ratings Revised To Stable
Moody’s Investors Service changed its debt ratings outlook on Newell Brands Inc. to stable from positive.
Caleres’ Q3 Tops Wall Street Targets
Caleres continued its strong performance in the third quarter, achieving record quarterly sales and delivering another period of solid earnings. Sales grew 1.8 percent as a 7.6 percent sales increase in the Brand Portfolio segment offset a slight decline at Famous Footwear.
Dick’s SG Raises Outlook As Third Quarter Beats Plan
Dick’s Sporting Goods reported third-quarter earnings were down year-over-year due to lower gross margins but easily topped Wall Street expectations as same-store sales grew 6.5 percent. The sporting goods retailer lifted its guidance for the year.
OrthoLite Cirql Names Sales Director, Ho Chi Minh City, Vietnam
OrthoLite hired Juan Cutina as sales director for OrthoLite Cirql, headquartered in Vietnam, where Cutina is based. He joins the company with more than a decade of experience in footwear manufacturing in Vietnam.
Rad Power Bikes CEO Steps Down
Rad Power Bikes CEO Mike Radenbaugh has stepped down, replaced by Phil Molyneux, who joined the Seattle-based e-bike company as president and COO earlier this year.
How To Win Over Customers On Black Friday And Cyber Monday
Discover why sporting goods retailers all over the world use Lightspeed to run and grow their businesses.
1791 Outdoor Lifestyle Group Names VP, Sales & Marketing
Miami-based 791 Outdoor Lifestyle Group hired Evan McNamara as vice president of sales and marketing.
Herschel Supply Opens First Store In the U.S.
Herschel Supply opened its first retail store in the U.S. at 138 Fifth Avenue in New York City.
Recall: Future Motion Onewheel Electric Skateboards
Future Motion has recalled its Onewheel self-balancing electric skateboards, according to a statement from the U.S. Consumer Product Safety Commission (CPSC).
Scheels To Open Store In Tulsa
Scheels announced plans to open its first All Sports store to Oklahoma, scheduled to open Fall 2024 in Tulsa.
Canada Goose Launches Share Repurchase Program
Canada Goose Holdings, Inc. announced plans to purchase for cancellation up to 5.42 million subordinate voting shares over a twelve month period.
Record 166.3 Million Shoppers Expected During Thanksgiving Weekend
An estimated 166.3 million people are planning to shop from Thanksgiving Day through Cyber Monday this year, according to the annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. This figure is almost 8 million more consumers than last year and is the highest estimate since the NRF began tracking the data in 2017.
Retail Sales Growing As Holiday Season Begins
Retail sales grew again in October as consumers set aside concerns about inflation and many got a jump start on the holiday season, the National Retail Federation said. The U.S. Census Bureau said overall retail sales in October were up 1.3 percent from September and up 8.3 percent year over year.
