Report: Inflation Likely to Restrain Sales on Black Friday/Cyber Monday
A recent YouGov report report found that U.S. consumers expect to spend less during these iconic shopping days, with 27 percent planning to spend less and just 9 percent increasing their spend from last year.
Survey: Inflation a Top Concern for Holiday Shoppers
Manhattan Associates, Inc.’s 2024 Supply Chain Confidence Survey found that 85 percent of consumers cited inflation and increased prices as a top concern for how they will shop for the upcoming holiday season.
Iconic Vasque Brand Discontinued by Parent Red Wing
Red Wing Shoe Company issued a statement confirming that its Vasque outdoor boot brand is being discontinued.
Anderson Manufacturing Appoints Director of Marketing
Jennifer Tuttle has over 20 years of experience in the firearms and 2A space. She has previously held marketing roles at Sig Sauer Academy, Silencer Central, and Ballistic Advantage.
CNBC/NRF Retail Monitor Sees Consumers Pull Back Spending In September
Retail sales saw a slight month-over-month drop in September but consumers continued to spend more than last year as interest rates and inflation fell and employment rose, according to the CNBC/NRF Retail Monitor.
Outtech Appoints Regional Manager
Outtech hired Geoff Whited as its new regional manager for the independent channel. His territory includes New Mexico, Colorado, Nebraska, Kansas, and Oklahoma.
Reju Launches First Recycling Facility in Germany
Materials recycling company Reju, led by former Under Armour CEO Patrik Frisk, with offices in Europe and North America, has opened its Regeneration Hub in Frankfurt, Germany with expected deliveries to begin in 2025.
Sportsman’s Warehouse Hires VP of Performance Marketing
Ryan Carroll was appointed VP of performance marketing to lead brand management, creative strategy, trade marketing, integrated sales, and marketing planning.
Costco Comps Grow 8.9 Percent in September Ex-Fuel
Costco Wholesale Corporation reported net sales of $24.62 billion for the five weeks ended October 6, an increase of 9.0 percent from $22.59 billion last year.
BRP Reports Departure of Board Director
Board member Estelle Métayer had tendered her resignation as a company director, effective October 9, 2024, citing personal reasons. She has served on the Board since 2014.
Grandbass Returns Under New Ownership, Retains U.S Representation
The fishing lure company has hired Pitman Creek for U.S. sales representation. Under new leadership, Grandbass said it is “fully stocked” and set to support retailers’ needs.
Silencer Central Hires Joe Kurtenbach as Media and Relationships Lead
Kurtenbach is now Silencer Central’s primary point of contact for industry and media inquiries, working directly with ambassadors, influencers, writers, publishers, and industry partners.
Anderson Manufacturing Promotes Hammons to VP Sales and Marketing
Jeremy Hammons has worked for Anderson since 2012, starting as an assembly technician shortly after his service as an infantryman in the U.S. Army and, most recently, as the company’s VP of sales.
X-Vision Optics Expands Distribution Network
The manufacturer of thermal and night vision sights, scopes, binos, and monos, has partnered with Chattanooga Shooting Supplies, Inc. as a new distributor making its products more accessible to outdoor enthusiasts, hunters and tactical professionals.
Retay USA Expands Indie Sales Representation in Mid-East and Northeast
The firearms company has expanded its sales representation through partnerships with Ferguson-Keller Associates, Inc. in Michigan, Indiana, and Ohio and Gen 3 Outdoors to cover the East Coast from Maine to Washington, DC.
