Walmart Opens First Market Fulfillment Center In Arkansas Store
Walmart opened its first high-tech Market Fulfillment Center (MFC) in Arkansas at Store 100 in Bentonville, underlining the retailer’s strategic move to expand using its stores as fulfillment centers to enhance the shopping experience.
Traeger, Inc. Hires EVP Of Engineering
Traeger, Inc. has hired Brendan Welch as EVP of engineering leading product development and technical execution for Traeger.
Outtech Sales Services Adds Scissortail Firearms To Sales Portfolio
Outtech Sales Services, LLC reported partnering with Scissortail Firearms, the exclusive U.S. importer of one of the oldest firearms manufacturers in the world, Sarsilmaz (SAR.)
KOA Names Two To Top Leadership Positions
Kampgrounds of America, Inc. (KOA) has named Jill Currier as SVP of operations for the owned properties of KOA and Bill Gottwals as SVP of franchise operations.
LL Bean’s New HQ Grand Opening Set For June 15
L.L.Bean will celebrate the completion of its new 390,000-square-foot corporate headquarters in Freeport, ME on June 15, marking the close to an eight-year, $110 million campus redevelopment in the company’s longtime hometown.
Walmart Rides Strong Q1 Comp Sales Growth To 13 Percent Adjusted EPS Gain
Walmart, Inc. reported first-quarter consolidated revenue of $152.3 billion, up 7.6 percent, or 7.7 percent in constant-currency. Walmart U.S. posted 7.4 percent comp store sales growth. Adjusted EPS was up 13 percent to $1.47 a share.
Report: April U.S. Discretionary General Merchandise Retail Sales Fell 7 Percent
Discretionary U.S. general merchandise retail sales revenue fell 7 percent in April 2023 year-over-year and unit sales fell 8 percent according to Circana, formerly IRI and The NPD Group.
Iron Valley Supply Names New Account Manager
Iron Valley Supply hired Will Morris as an account manager based out of the company’s Downingtown, PA office.
Big Agnes Grows Sales Team In The Northeast
Big Agnes hired Round Pond Sales Group led by Kyle Rohne and Ian Wauchope to represent Big Agnes in the Northeast, better positioning the brand to meet the needs of customers in the region.
Orvis Appoints Chief Product Officer
Orvis announced that Carla Feely had been named chief product officer with executive oversite for all product-related functions.
Revo Opens Flagship In Barcelona
Revo opened its first flagship store in Barcelona, Spain, located on Baixada de la Llibreteria, in the Gothic Quarter, one of the city’s highly trafficked districts.
The American Suppressor Association Hires VP Of Marketing
The American Suppressor Association hired Jessica Kallam as vice president of marketing, with over two decades of experience in the firearms industry.
Canadian Tire Sees Strong Helly Hansen Q1, SportChek Gain Partially Offset CTR Decline
Canadian Tire Corporation, the parent of retailer SportChek and the Helly Hansen brand, reported first-quarter Retail revenue was CN$3.34 billion, a decrease of 4.8 percent compared to the prior-year period. Diluted EPS was CN$0.13 in the quarter compared to CN$3.03 in the prior-year period.
Traeger Q1 Revenues Fall 31.5 Percent; Inventory Woes Expected Through First Half
Traeger, Inc. reported total revenue for the first quarter decreased by 31.5 percent to $153.2 million. Adjusted net income was $5.5 million, or 4 cents per diluted share as compared to adjusted net income of $19.5 million, or 17 cents per diluted share in the first quarter last year.
Firearm & Ammo Manufacturers Contributed $235M To Conservation In Q4 Via Excise Tax
Firearm and ammunition manufacturers contributed more than $235 million to the Wildlife Restoration Trust Fund in the fourth quarter. The contribution topped $16.1 billion in excise tax contributions to the Wildlife Restoration Trust Fund since its inception in 1937, or more than $25 billion adjusted for inflation.