Riton Optics Names Brand Manager
Riton Optics, based in Tucson, AZ, announced Eric Hickman as its new brand manager.
LuckyGunner Announces Ownership Change
LuckyGunner, LLC (LG) announced that it has recently been fully divested by Mollenhour Gross, LLC and has joined 2A Group, LLC, a private investment company solely owned by Jordan Mollenhour.
Taubman Centers Approves Merger With Simon Property Group
Luxury mall owner Taubman Centers, Inc. announced that its shareholders at a special meeting approved a merger agreement between Taubman Realty Group and the biggest mall owner in America Simon Property Group
Bass Pro’s Planned Acquisition Of Sportsman’s Warehouse Seen As Credit Positive
Moody’s Investors Service said that Bass Pro Group, L.L.C’s planned acquisition of Sportsman’s Warehouse Holdings Inc. for approximately $800 million is a credit positive, but has no impact on the company’s ratings or outlook.
Mastercard: Holiday Retail Sales Grew 3.0 Percent
According to Mastercard SpendingPulse, holiday retail sales, excluding automotive and gasoline, increased 3.0 percent this expanded holiday season, running from October 11 through December 24. Notably, online sales grew 49.0 percent compared to 2019, the preliminary insights show.
From Our Family To Yours …
Warmest thoughts and Best Wishes for a Wonderful Holiday and a very Happy New Year. Wishing you and your families the gifts of the season — Peace, Joy and Hope. SGB Media
Bass Pro To Acquire Sportsman’s Warehouse
Bass Pro Shops has reached an agreement to acquire Sportsman’s Warehouse for $18.00 per share in cash. Sportsman’s Warehouse CEO Jon Barker, said in a statement, “This merger brings together the greatest brands in the outdoor industry.”
Dick’s SG Names Todd Spaletto President Of Public Lands Retail Concept
SGB Media has obtained an internal communication from Dick’s Sporting Goods announcing the appointment of Todd Spaletto as president of its new Public Lands retail division serving the outdoor specialty market.
Sportsman’s Warehouse’s Q3 Revenues Climb 59 Percent
Sportsman’s Warehouse reported net income jumped nearly three-fold in the third quarter ended October 31 as sales grew 59.1 percent. Same-store sales surged 41 percent, driven by elevated participation in fishing, camping and hunting.
SGB Media Reports Top 20 Stories For November 2020
SGB Media has revealed its Top 20 read stories on SGBonline.com in November, according to stats compiled by Google Analytics.
SGB Media Sees Surge In Mobile Users As Web Page Views Jump 19 Percent
In a potential sign that the pandemic continues to influence how people consume content and shop, SGB Media saw its online media presence, SGBonline.com, post breakout numbers once again.
Bass Pro’s Debt Ratings Upgraded
Moody’s raised the debt ratings of Bass Pro Group LLC. The rating agency said Bass Pro has been resilient through the coronavirus pandemic as it reported positive sales momentum continuing through the third quarter following the initial temporary store closures at the onset of the outbreak.
NICS Checks Climb 60 Percent In October
The FBI completed 1.77 million gun background checks on an NSSF-adjusted basis in October, a climb of 60.1 percent compared to the October 2019 NSSF-adjusted NICS figure of 1.1 million.
NSSF Announces 2021 SHOT Show Cancellation
The NSSF announced that the 2021 SHOT Show, scheduled to be held in Las Vegas from January 19 to 22, 2021, has been canceled due to continued safety risks due to the coronavirus.
Consumers Sweet Spot This Holiday Is Free Shipping, According To NPD
The 2020 holiday shopping season kicked off earlier this year with Amazon Prime Days and competing retail promotions in mid-October, and while consumers are always looking for good deals, their sweet spot this holiday will be free shipping, reports The NPD Group.
