Top headlines from across the active lifestyle industry featured in SGB during the week of September 30, 2019.
Results for "dick's sporting goods"
NRF Forecasts Holiday Sales Will Grow Between 3.8 And 4.2 Percent
The National Retail Federation said it expects holiday retail sales during November and December to increase between 3.8 percent and 4.2 percent over 2018 to a total of between $727.9 billion and $730.7 billion. The numbers, which exclude automobile dealers, gasoline stations and restaurants, compare with an average holiday sales increase of 3.7 percent over the previous five years.
Aisle Talk Week Of September 9
Top headlines from across the active lifestyle industry featured in SGB for the Week of September 9, 2019.
CEO Of 145 Companies Urge Senate To Pass Gun Control Laws
The leaders of 145 U.S. companies have sent a letter urging Congress to enact stricter gun laws as pressure builds on lawmakers to respond to gun violence.
Tariff Impact So Far Less Than Feared
With another round of tariffs arriving on September 1, tariff-mitigation strategies were again detailed on recent quarterly conference calls. Only a few companies significantly reduced earnings forecasts at least for 2019 due to their likely impact. Tariff insights from Sportsman’s Warehouse, Genesco, Lululemon, Designer Brands, Zumiez, Shoe Carnival and others.
Aisle Talk Week Of August 19
Top headlines from the active lifestyle industry you may have missed this week, including Hestra, the 83-year-old Swedish glove maker, relocating its U.S. headquarters to a newly constructed 32,000-square-foot space in Arvada, CO, and adding three key hires as it continues to scale its U.S. business.
Aisle Talk Week Of August 5
Top headlines from the active lifestyle industry you may have missed this week, including Fox International, Europe’s largest privately owned fishing tackle company, announcing that it has agreed to be acquired by Lew’s Holdings Corp., a leader in the U.S. fishing equipment market.
Aisle Talk Week Of July 29
Top headlines from the active lifestyle industry you may have missed this week, including industry and retail trade organizations reacting quickly to criticize President Trump’s plans for a new 10 percent tariff on $300 billion of Chinese imports, taking effect on September 1, 2019.
GNC Sees 700 To 900 Stores Closing
GNC said sales remained sluggish into the second quarter and the seller of performance and nutritional supplements now expects 700 to 900 stores to close over the next three years. GNC CEO Ken Martindale said, “The negative trends in traffic that we’ve seen in mall stores over the past several years has accelerated during the past few quarters.”
Ellett Brothers Facing July 24 Deadline To Find A Buyer
Ellett Brothers, the firearms distributor that filed for bankruptcy protection on June 10, has until July 24 to find a buyer in a going concern sale of its assets to avoid an outright liquidation.
Dick’s And Macy’s Collaborate On Outdoor STORY
Macy’s in collaboration with Dick’s Sporting Goods and plant food brand Miracle-Gro has unveiled its second experiential concept, “Outdoor STORY,” in 36 locations. The concept will include a curated mix of apparel and hard goods from DIck’s own private brands, Alpine Design and Field & Stream, marking their first debut at another major retailer.
Aisle Talk Week Of July 1
Top headlines from the active lifestyle industry you may have missed this week, including the U.S. and China agreeing to resume trade talks after a seven-week breakdown, and the Trump administration deciding to hold off adding 25 percent tariffs on $300 billion in Chinese imports, which would have included apparel and footwear classifications and other popular consumer products.
Eight Takeaways From Nike’s Fourth Quarter
Nike Inc. capped off another robust fiscal year with a fourth quarter that exceeded top-line guidance but missed earnings targets. On a conference call, Nike officials said strategic investments, including its focus on digital and growth through strategic partners, are just starting to pay off.
Salesforce Bans Gun Dealers From Using Its Products
Salesforce, the leading provider of cloud-based software, is barring customers from using its system to sell semi-automatic guns and other firearms.
OrthoLite Makes Strategic Hires
OrthoLite, the maker of insoles, announced the hiring of Milton Brice as chief financial officer and Mark Coffield as general manager, Vietnam, as the company continues its global expansion and growth.