Five Iron Golf to Open Third Philadelphia Venue
In partnership with Brandywine Realty Trust, Five Iron Golf is developing its third indoor corporate-owned venue in Philadelphia’s Logan Square. The site will open early next year.
Famous Footwear Parent is Latest Footwear Retailer to Lower 2024 Guidance
Caleres, Inc. became the latest retailer to lower fiscal full-year guidance after reporting second-quarter fiscal 2024 sales and earnings. A top-line miss was driven by a 5.1 percent decline in Brand Portfolio sales and Famous Footwear comps down 2.9 percent.
Amped Fitness to Open First Studio in Texas
While the Richardson, TX location, set to open on October 14, will set the tone for future studios to open around the state, Amped Fitness is “considering the launch of another Signature location—a luxury fitness concept with unique amenities and a different price point, catering to those looking for a more exclusive fitness experience.”
EXEC: Designer Brands CEO Digs Deeper into DSW Results as August Comps Turn Positive
The parent of the DSW, The Shoe Co., and Rubino retail brands, and Topo Athletic, Keds, Le Tigre, Hush Puppies, and other footwear brands, also had to come to terms with the impact of the economy on their customers and cut guidance for the full year.
TagMarshal Completes Series A Capital Raise
The equity will be used to continue to innovate and grow the company’s golf course optimization platform and to add value to its partners, which include 40 of the Top 100 golf courses in the U.S.
Tonal Welcomes New CEO
Effective immediately, Darren MacDonald takes the helm as Tonal’s CEO, replacing Krystal Zell who has served in the role since January 2023, who is stepping down for personal reasons.
DSW Parent Cuts FY Guidance as Q2 Profits Shrink
The company saw sustained pressure on challenged categories such as dress and seasonal in the second quarter, but was able to partially mitigate the impact through providing a greater selection of athletic and athleisure brands in the assortment.
Ross Stores Inc. Makes Merchandising Leadership Changes
The retailer promoted Karen Fleming to president and CMO at Ross Dress for Less and Karen Sykes to president and CMO at DD’s Discounts, effective December 1.
EXEC: Academy Shares Get Lift as Positive Comps Returned in August
With some major negative events behind it, Academy looks to new store growth as the primary sales driver. The stores opened in 2022 are all comping postive despite the challenging economic backdrop and remain pleased with the 2023 and 2024 new stores.
Hockey: Faster Than Ever to Open at The Henry Ford
Hockey: Faster Than Ever, an interactive traveling exhibition on ice hockey’s science, history and culture, will open at The Henry Ford on October 13 through January 5.
Gold’s Gym Builds Out Existing Markets with Summer 2024 New Gym Openings
By the end of 2024, Gold’s will have opened eight new U.S. gyms, including in Milpitas, CA; Thornton, CO; Silver Spring, MD; and New Bern, NC. The brand also has franchise agreements to grow in Long Island, NY; Miami, Fl; and San Jose, CA.
Amped Fitness Pompano to Open in South Florida
With the Pompano Beach location, Amped Fitness will operate multiple locations across the South Florida region, building on its plans for continued growth.
Blink Fitness Signs Asset Purchase Agreement with PureGym
PureGym is the “Stalking Horse” bidder in the court-supervised sale of Blink Fitness to acquire its corporate operations and a substantial portion of Blink’s locations, focusing on New York and New Jersey.
Pickleball Kingdom to Open Club in Georgia
Targeting a late summer 2025 debut, the facility will feature 16 indoor courts within the 45,000-square-foot building, led by franchisees Dave Moran and Eric Middleton, co-owners of Wreak Havoc Sports,
Movement Climbing Yoga & Fitness Taps Co-Founder of Movement Legacy Brand as New CEO
Original Co-Founder and CEO Anne-Worley Moelter returns as CEO of Movement Climbing Yoga and Fitness, effective immediately. Moelter has been a climbing industry veteran for almost 25 years.
