SGB Media published a quick review of the top stories from August 2023 that drove pageviews up 14 percent month-over-month to almost 184,000, while total users grew 10 percent and time spent on the site by each user rose 19 percent for the period.
The SGB Update email newsletters also had a solid month as the Total Open Rate exceeded 75 percent, the click-to-open rate exceeded 30 percent in the SGB Morning Update and 24 percent in the SGB Evening Update.
Select a headline below to read any of the Top 20 most-read articles for August 2023.
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Exec: Foot Locker, Inc. Makes Flurry of New Appointments to Address a Changing Marketplace
Foot Locker, Inc. made additional news Wednesday on its conference call with analysts, announcing a flurry of new hires and appointments to solidify the management teams that will focus efforts on the customer experience. Read more
EXEC: Dick’s CEO Talks Q2 EPS Miss, Inventory Woes, Retail Theft and Staff Cuts
Shares of Dick’s shaved about a quarter of their value on Tuesday after America’s largest sporting goods chain reported a second-quarter profit shortfall and slashed its earning guidance for the year due to promotions required to clear inventories, particularly in the outdoor category, and higher-than-expected shrink. Read more
BTS Study: Nike Losing Ground With Retailers as Others Gain Favor
Nike continues to be the most popular brand at retail for back-to-school (BTS) footwear by a wide margin, according to Stifel’s 16th Annual Back-to-School Athletic Footwear Survey of major athletic footwear sellers. Read more
Study: Strong Pickleball Growth Nets Access Challenges
“If you build it, they will come” certainly applies to the sport of pickleball, according to a new study from the Sports & Fitness Industry Association (SFIA) and Pickleheads, a website that helps players find and schedule pickleball games. The study concluded that pickleball’s unprecedented growth would require a $900 million investment to build the 25,000 courts in the U.S. necessary to support continued participation gains. Read more
EXEC: Vans’ and Dickies’ Sharp Q1 Declines Offer Rude Welcome for New VF CEO
Vans has an outsized impact on the fiscal first quarter while The North Face, Timberland, Jansport, and others have more impact in the back half of the year. Read more
Powder Mountain Hires Two Snow Sports Veterans for Key Leadership Roles Read more
Dick’s SG Lays Off Corporate Staff to Streamline Cost Structure Read more
EXEC: Columbia Sportswear Axes Outlook on Expectations of Promotional H2 Read more
Midwest Mountaineering to Close After 53-Year Run Read more
EXEC: L.L.Bean Expands Wholesale to Dillard’s, Moosejaw and Select Indies Read more
EXEC: Wolverine Worldwide Closing Boston Offices; Consolidating Brands to Michigan Read more
Wolverine World Wide Appoints New CEO as Brendan Hoffman Departs Read more
Pure Fishing Parent Repurchases Distressed Debt Read more
Traffic Report Sees Dick’s and Hibbett Well-Positioned for BTS Read more
EXEC: Retail Market Inventory Woes Create New Opportunities for Off-Price Read more
Bob’s Stores To Open Three Locations Read more
Oofos President To Depart, New COO Named Read more
Report: Birkenstock IPO Estimated at $8 Billion Valuation Read more
EXEC: Topgolf Callaway Leadership Talks Up Modern Golf Trend, Q2 Results, IT Incident Read more
EXEC: Department Stores Stung by Apparel Category Woes Read more
Photo courtesy Foot Locker