NRF Economist Reports Q1 Challenges Bringing Inflation Under Control
During the first quarter, slower-but-continued growth in gross domestic product and other economic indicators showed the difficulty of bringing inflation under control, National Retail Federation Chief Economist Jack Kleinhenz said in the May issue of NRF’s Monthly Economic Review.
Blain’s Farm & Fleet Opens New Store In Rhinelander, WI
Blain’s Farm & Fleet announced it is opening its 45th store in Rhinelander, WI on May 11.
NICS Firearms Background Checks Increase Slightly In April
The April 2023 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 1.37 million represented an increase of 0.7 percent compared to the April 2022 NSSF-adjusted NICS figure of 1.36 million a year ago.
Outdoor Cap Hires New Rep For Hawaii And Nevada
Outdoor Cap hired Quinn Bui as its new rep for Hawaii and Nevada. With ten years of experience in the promotional product industry.
The Headrest Safe Company Hires E-Commerce Manager
The Headrest Safe Company, LLC hired Kenny Sinnett as its e-commerce manager, responsible for creating strategies that impact the design and practicality of its online shops and adjacent platforms.
Yamaha U.S. Marine Business Unit Names Marine Service Operations Manager
Yamaha U.S. Marine Business Unit hired Jeremy Waki as division manager of Marine Service operations, overseeing service support of systems, processes, strategy, data analytics, and service planning.
Camping World To Enter Montana Through Acquisition
Camping World Holdings, Inc. reported it would acquire I-90 RV in Billings, its first location in Montana. The acquisition will close in the third quarter of 2023.
Iron Valley Supply Hires Account Manager
ron Valley Supply hired Joe Lombardi as an account manager.
Johnson Outdoors Fiscal Q2 Profit Up On Sale Of Military And Commercial Tent Business
Johnson Outdoors, Inc. reported total company net sales increased 7 percent to $202.1 million in the fiscal second quarter ended March 31. Operating profits declined for the period but were offset by a gain on the sale of the Military and Commercial Tents product lines in the Camping segment.
NSGA’s 2023 Participation Report Sees 7 Of 10 Segments Showing Growth
Analysis of the National Sporting Goods Association’s (NSGA) Sports Participation in the U.S. report revealed that seven segments increased in participation in 2022, two segments remained relatively flat and one segment decreased compared to 2021.
FN America Announces $18 Million Expansion Of Columbia, SC Manufacturing Facility
FN America, LLC, a U.S. subsidiary of FN Herstal, S.A., a global firearms manufacturer, reported that an $18 million expansion of its Columbia, SC facility will take place later this year with an expected completion in the first half of 2024.
Report: One In Five Campers Affected By Flooding And Natural Disasters In 2022
The Dyrt, an app for camping information and booking, found in its 2023 Camping Report that 18.1 percent of campers changed or canceled plans due to flooding and natural disasters last year. Many campers will be facing a similar situation this year, especially in California where the Sierra Nevada snowpack is the second highest on record since 1950 and 80 percent of it has yet to melt.
Hest Adds Sales Representation For Pacific Northwest
Hest reported that it partnered with Yukon Trading Company for sales representation in the Pacific Northwest region.
Wrangler And Lee Parent Sees U.S. Sales Growth Offset By China Declines
Kontoor Brands, Inc., led by Wrangler and Lee brands divested by VF Corp., saw strength in domestic wholesale and direct-to-consumer (DTC) more than offset by decreases in International wholesale, primarily driven by the continued impacts of COVID-policy changes in China.
Solo Brands Swings To Q1 Profit As Sales And Margins Expand
Solo Brands, Inc. saw net sales increase 7.3 percent to $88.2 million in the first quarter from $82.2 million in the first quarter of 2022. The increase was primarily driven by new strategic partnerships and continued market penetration within the wholesale sales channel.
