SGB Today Footwear

Academy Sports Announces Secondary Offering Of Common Stock

Academy Sports and Outdoors Inc. announced that certain of its stockholders, including affiliates of Kohlberg Kravis Roberts & Co. L.P., intend to offer for sale in an underwritten secondary offering 12 million shares of common stock of Academy Sports.

Feetures Undergoes Executive Changes

Feetures announced executive changes as part of succession planning. The changes include national sales manager for footwear specialty retailers, Steve Hallinan, becoming key accounts manager, John Gaither becoming chief operations officer and Joe Gaither, executive vice president.

NRF Says 2020 Holiday Sales Grew 8.3 Percent Despite Pandemic

Retail sales during the 2020’s November/December holiday season grew an unexpectedly high 8.3 percent over the same period in 2019 to $789.4 billion, exceeding the National Retail Federation’s (NRF) holiday forecast despite the economic challenges of the coronavirus pandemic, NRF said. The numbers include online and other non-stores sales, which were up 23.9 percent at $209 billion.

Stock+Field Closing All Locations

Stock+Field, the farm supply and outdoor department store, has filed for bankruptcy and is closing all 25 of its locations.

Zumiez Sees 1.7 Percent Holiday Comp Gain

Zumiez Inc. reported comparable sales increased 1.7 percent for the 10-week period ended January 9, 2021, compared to the 10-week period ended January 11, 2020.

Tilly’s Sees Modest Comp Gain Over Holiday Period

Tilly’s Inc. reported same-store sales grew 2.7 percent for the nine-week period ended January 2. Comparable net sales in physical stores decreased by 12.4 percent while e-commerce net sales jumped 65.2 percent.