Lazydays RV Opens Wilmington, OH Location
The company said the new location marks “the exciting beginning of Lazydays expansion into the Northeast region and gives Ohio RVers a premier destination for all their sales and service needs.”
Columbia Sportswear Names SVP, Global Distribution Network
Columbia Sportswear Company hired Tom Gyles as SVP, global distribution network. He formerly worked for PVH and Gap, Inc.
Iron Valley Supply Hires New Account Manager
The company hired Travis Czukoski as an account manager. He recently graduated from West Chester University in May 2023 with a dual major in Finance and Economics.
Dick’s SG Opens Nine New House of Sports Locations
Dick’s Sporting Goods continues to expand the House of Sport brand and format with nine new locations celebrating grand openings in July and August.
EXEC: Super Retail Group Posts Solid Year But H2 Trends Cut Into H1 Gains
Sales for fiscal 2023 rose 7 percent to A$3.80 billion. Adjusted for the 53rd week in fiscal 2022, sales were up 9 percent for the year. Comp-store sales were up 8 percent for the 12-month period ended June 30.
Report: More Consumers Plan Camping Trip for Labor Day Weekend
The Kampgrounds of America, Inc. (KOA) Monthly Research Report, August 2023 Edition, finds that more campers intend to camp over Labor Day than compared to 2022, with roughly three-fourths of campers have already made plans for the holiday weekend.
EXEC: Walmart’s Robust Q2 Delivers Upbeat Signal for Retail’s Recovery
Walmart, Inc. lifted its outlook for the year after reporting second-quarter results that handily topped guidance due to strength in the grocery but also a better-than-expected performance in general merchandise. The strong results were a relief for the retail sector following sluggish sales reports from Target and Home Depot although Walmart’s CEO Doug McMillon told analysts household budgets remain under pressure.
U.S. Jobless Claims Fall As Economy Chugs Along
In the week ending August 12, the advance figure for seasonally-adjusted initial claims declined 11,000 to 239,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 248,000 to 250,000.
Costco Wholesale Corporation Elects New Board Director
Costco Wholesale Corp. elected Helena Buonanno Foulkes to its Board of Directors. Most recently, Foulkes was CEO of Hudson’s Bay Company.
Report: July Retail Sales Grew 3.2 Percent Year-Over-Year
The U.S. Census Bureau reported that overall retail sales in July were up 0.7 percent from June and up 3.2 percent year-over-year. That was double the increases seen in June.
EXEC: Analysts Offer Mixed Feedback on July Retail Sales Increase
Retail sales reversed their downward trend in July as Amazon Prime Day and major promotions prompted increased shopping while wage increases gave consumers more money to spend, but an increase in the July inflation numbers and a year-ago July decline could also be at the core of the increase, according to analysts.
Iron Valley Supply Hires New Merchandiser
Iron Valley Supply has hired Jacob Ring to serve as merchandiser. Most recently, he worked for Davidson’s as an account manager.
Walther Arms Appoints Director of Communications and Channel Marketing
Cody Osborn returned to Walther Arms as director of communications and channel marketing. The company said his appointment marked an exciting chapter for the company as it strengthens its marketing and communication efforts.
Blain’s Farm & Fleet Names New President
Blain’s Farm & Fleet, a family-owned company for 68 years, promoted Mark Hasting to president, the first time a non-family member has held the position, in addition to his chief commerce and operating officer role. Jane Blain Gilbertson, the owner of Blain’s Farm & Fleet and Blain Supply, Inc., will remain CEO.
Foundation Outdoor Group Adds to Brand Portfolio with Two Acquisitions
The company has acquired Mud Hole Custom Tackle, Inc. and American Tackle Company International, Inc. The company said the move positions the company as the “industry’s largest supplier of fishing rod components, supplies, equipment, and rod building instruction.”