May Retail Jobs See Huge Year-Over-Year Increase
The retail industry employment increased by 28,800 jobs seasonally adjusted in May over April and 100,200 jobs unadjusted year-over-year, the National Retail Federation said Friday.
Firearms Fallout Fizzles As Dick’s Sporting Goods Surges In Q1
Dick’s Sporting Goods’ recent policy refusing to sell firearms resulted in plenty of PR fallout but it hasn’t affected the retail giant’s bottom line. The Pittsburgh, PA-based company easily beat Wall Street’s estimates for the first quarter ended May 5 through strength in other categories, including an especially solid performance in private label sales, which led to higher margins.
Gander Outdoors Sets Grand Opening For Mooresville
The 67,000 square foot location is one of the retailer’s six planned facilities in North Carolina.
IGFA Announces 2018 Tommy Gifford Award Winners
The International Game Fish Association (IGFA) on Wednesday announced the 2018 Tommy Gifford Award winners in recognition of their significant contributions to recreational angling as captains, guides or crew.
Dick’s Raises Guidance After Robust Q1
Dick’s Sporting Goods Inc. raised the company’s outlook for the year after reporting first-quarter earnings that came in well above Wall Street’s consensus target. Same-store sales dipped 2.5 percent.
Secretary Zinke Announces Members Of The Hunting And Shooting Sports Conservation Council
U.S. Secretary of the Interior Ryan Zinke announced the newly appointed members of the Hunting and Shooting Sports Conservation Council.
Bushnell Adds Competitive Shooter Tiffany Piper
Bushnell, the maker of high-performance optics, announced the signing of Tiffany Piper to Bushnell’s ambassador/shooting Team.
T-H Marine Acquires Blue Water LED Assets
T-H Marine Supplies, Inc., of Huntsville, AL, announced the acquisition of the assets of Blue Water LED Enterprises, LLC (Blue Water) of Lawrenceburg, KY.
Aisle Talk Week Of May 21
Top headlines from the active lifestyle industry you may have missed this week.
Can Sportsman’s Warehouse Sustain Firearms Growth?
Firearms and ammunition revenue growth boosted Sportsman’s Warehouse in the first quarter, but it’s too soon to say how much the retailer is benefiting from its competitors pulling out of gun sales and how well these categories will perform throughout the year.
Sportsman’s Warehouse’s Q1 Comps Climb 3.4 Percent
Sportsman’s Warehouse widened the company’s loss slightly in the first quarter, but both the loss and sales came in at the high end of expectations. Same-store sales were up 3.4 percent in the quarter ended May 5.
Sportsman’s Warehouse Amends Revolving Credit Facility And Refinances Term Loan
Sportsman’s Warehouse Holdings Inc. announced that, on May 23, 2018, the company amended an existing credit agreement to increase the borrowing capacity under the company’s existing revolving credit facility by $100 million to $250 million, subject to a borrowing base calculation, and to provide for a new $40 million term loan.
LL.Bean Chairman Urges UNH Grads To Lead ‘Adventure-Filled” Lives
In his commencement address for the University of New Hampshire’s 2018 graduating class, Shawn Gorman, L.L.Bean’s chairman, called the outdoors “a critical antidote to this hyper-competitive, hyper-stressed, tech-driven world we live in.” While technology powers the world in wonderful ways, “it will never fill your soul like a sunrise in the mountains,” he said.
Idaho’s Turner’s Sportsfair Closes
Turner’s Sportsfair, a bar and tackle shop on State Street in Boise, ID, has closed.
U.S.-China Trade War ‘On Hold’ … But Should Companies Remain Wary?
The looming trade war with China that dominated headlines all spring and forced U.S. companies to fear heavy tariffs on their imports is now on hold. But is it really?
