NRF: Father’s Day Spending To Hit Record $24 Billion this Year
U.S. consumers are poised to spend a record $24 billion on Father’s Day this year, according to an annual survey from the National Retail Federation. Over three-quarters of consumers (76 percent) plan to celebrate the occasion, spending an average of $199.38 per person, up from $189.81 in 2024.
Maryland’s Molly’s Place to Open Second Location
The hunt & fish retailer serving Maryland’s Eastern Shore plans to open a second location in Easton, MD featuring a “more elevated, curated take on the beloved Molly’s Place experience.” Its original store is in Kennedyville, MD.
Iron Valley Supply Promotes Jeremy Jester to Director of Sales Strategy
Jeremy Jester is a 25-year veteran of the distributor of handguns, optic accessories, gun parts, ammunition and suppressors.
Woox Expands U.S. Sales Team Representation with Elite Outdoor Sports
The manufacturer of rifle stocks, knives, axes, and accessories has retained Elite Outdoor Sports, based in Alta, WY, for representation in the hunting and shooting sports channel.
GunBroker.com Parent Appoints Chairman & CEO; Regains Nasdaq Compliance
The owner of GunBroker.com announced that Steve Urvan will serve as the company’s CEO and chairman of the Board following the recent closing of the divestiture of the company’s ammunition manufacturing division.
Report: Cross-Border E-Commerce Shipping Hits a Regulatory Wall
Nearly three-quarters (73 percent) of product categories now fall into tariff-sensitive classifications, with customs authorities worldwide significantly ramping up enforcement.
Ski-Doo Parent BRP, Inc. Comes Up Short in Q1 Despite Late Season Snow
The company’s North American retail sales were flat year-over-year for the first quarter. Seasonal Products retail sales were up, reportedly driven by strong end-of-season retail in Snowmobile following late snowfall.
BRP President and CEO to Retire at Fiscal Year-End
José Boisjoli has informed the Board of Directors of his intention to retire by the end of the fiscal year, at which time he will also step down from his role as chair of the Board. He will continue to lead the company until a successor is named.
EXEC: Dick’s SG Senior Execs Talk Foot Locker Deal, Tariffs and Guidance
The retailer had Board chairman Ed Stack on hand to talk about the Foot Locker deal and lay out the argument for its relevance. He will take the lead with the integration teams. CEO Lauren Hobart and CFO Navdeep Gupta dug deep into the weeds on guidance and the impact of tariffs going forward.
EXEC: Boa, Primaloft Parent Faces Lawsuits, NYSE Action as it Addresses Lugano Irregularities
The parent of 5.11 Tactical, Boa, and Primaloft provided an update on Wednesday, May 28 on the steps it is taking to enhance liquidity and reduce costs in the wake of an investigation of irregularities at its Lugano Diamonds subsidiary.
U.S. Consumer Confidence Improves in May After Five Months of Decline
May’s rebound in confidence was broad-based across all age and income groups and shared across all political affiliations, with the strongest improvements among those identifying as Republicans.
EXEC: Dick’s Sporting Goods CEO and CFO Unwind Q1 Analysts’ Questions
Net income dipped 4 percent year-over-year to $264 million, compared to $275 in the prior-year first quarter. Non-GAAP net income was said to be flat.
Beau Lake Welcomes World-Champion SUP Racer as CXO
The Canadian maker of performance pedal boats, paddleboards, apparel, and accessories, announced that Bruno Hasulyo has joined the company as chief experience officer, overseeing all product innovation and design, marketing and customer engagement.
RVIA: RV Shipments Growth Trends Higher in 2025 YTD Period
Towable RVs, led by conventional travel trailers, ended the month up 4.2 percent from last April with 31,982 shipments. The category jumped 14.2 percent in April 2024.
Savage Arms Makes Key Appointments to Leadership Team
Robert Gates has been named senior vice president, Beth Shimanski was appointed VP of Marketing, and Steve Colaluca was promoted to VP of Operations, All Firearms.
