Retail Reports Roundup
Studies arriving last week included a prediction that for the first time ever, more purchases will be made with mobile phones than ever during the upcoming holiday season. Research also found Nike’s chatter among Gen-Z getting louder, consumer reluctance to being targeted via customer segmentation methods, apparel shopping journeys increasingly starting online and the appeal of reward-based promotions and speedy checkouts.
Major League Fishing, Bass Pro And Outdoor Sportsman Group Partner On Fishing Competition
The expanded MLF program includes the addition of the Bass Pro Tour, a premier 80-angler, eight-event tour with a championship and heightened payouts, made possible through enthusiastic support from Bass Pro Shops and Outdoor Sportsman Group (OSG).
SFIA: Sports Industry On The Mend
The sporting goods industry not surprisingly bounced back in 2017 after a brutal 2016 marked by the liquidation of Sports Authority, according to the 2018 SFIA State of the Industry Report. But the report still finds a cautious outlook for most industry players with many struggling to adjust to the digital disruption of retail.
5.11 Opens Store In Cincinnati, OH
Tactical apparel and gear company 5.11 has opened a brick-and-mortar retail store in Cincinnati, OH, providing another building block to the company’s’s 2018 retail expansion goal of 50 company-owned retail stores.
Aisle Talk Week of September 10
Top headlines from the active lifestyle industry you may have missed this week, including the results of a new poll from Quinnipiac University that shows American voters approved, by a ratio of 49-to-37 percent, Nike’s decision to include Colin Kaepernick in the company’s “Just Do It” anniversary ad campaign.
GSM Acquires CoyoteLight
GSM Outdoors LLC, the maker of hunting and shooting products, announced the company’s acquisition of CoyoteLight, the predator light hunting brand.
Camping World Plans Co-Branded SuperCenter In Greenville
Camping World Holdings Inc.announced that the Overton’s showroom, located 111 Red Banks Road in North Carolina, will continue to operate with a multi-branded offering showcasing Overton’s water sport products, Gander Outdoors and Camping World products and services for the outdoor enthusiast in addition to Gander RV Sales.
China Vows Retaliation If Trump Adds More Tariffs
China said Monday it would retaliate against the U.S. if President Donald Trump imposes more tariffs on Chinese goods, further escalating the global trade war between the two nations.
Aisle Talk Week Of September 3
Top headlines from the active lifestyle industry you may have missed this week, including the tragic death of Jason Hairston, the founder of the KUIU hunting apparel brand.
OBIT: KUIU Founder Jason Hairston
Jason Hairston, the founder of the KUIU hunting apparel brand, has died. He was 47.
Vista Outdoor Appoints VP Of Investor Relations
Vista Outdoor Inc. announced that the company has named Kelly Reisdorf to serve as vice president of investor relations.
Lew’s Holdings Appoints CEO
Lew’s Holdings Corporation, a leading supplier of branded fishing and hunting gear and accessories, announced that Ken Eubanks has been promoted to chief executive officer. Gary Remensnyder will remain involved in the business as a member of the company’s board of directors.
Firearms Background Checks Decline In August
NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 966,809 is a decrease of 5.3 percent compared to the August 2017 NSSF-adjusted NICS figure of 1.02 million.
Dick’s Touts Strong Vendor Relationships
Despite aggressive shifts by many vendors to pursue growth in direct-to-consumer (DTC) channels and the widely-covered challenges the chain is facing with Under Armour, Ed Stack, Dick’s Sporting Goods’ CEO, told attendees at Goldman Sachs’ Annual Global Retailing Conference that the chain’s vendor relationship have “never really been better.”
Mountain Khakis Announces Jeremy Hale As New President
Mountain Khakis announced that Jeremy Hale will be joining the brand as president. Hale will replace outgoing founder and president Ross Saldarini, who will be leaving to pursue other opportunities.
