SGB Update Outdoor

SHOT Show Attendance Back To Pre-Covid Levels

The 45th SHOT Show was held last week with more events and exhibit space than ever before. Strong attendance, enthusiastic buyers and sellers, and a series of packed special events that collectively made up “SHOT Week” resulted in one of the top-rated SHOT Shows to date.

Sakar International Recalls Helmets

About 33,100 helmets manufactured by Sakar International and sold under the Credhedz Lizard Helmets, Crayola Dry Erase Helmets and Tony Hawk labels are being recalled. 

Nordstrom Cuts Outlook After Holiday Sales Slump

Nordstrom, Inc. posted declines in both comparable store sales and net sales for the nine-week Holiday period ended January 1 as promotional environment and tight margins prompt the retailer to lower fiscal year guidance.

REI To Open Store In Mount Pleasant

REI Co-op is scheduled to open a store in Mount Pleasant, SC on February 17. Located in Indigo Square at 1720 Shoremeade Road, the store measures 21,500 square feet.

Wolverine World Wide’s Debt Ratings Lowered

S&P Global Ratings downgraded the debt ratings on Wolverine World Wide, Inc., citing the footwear company’s weakened operating performance over the past few quarters.

C-A-L Ranch Stores To Merge With Coastal Farm & Home

C-A-L Ranch Stores, the farm and ranch retailer with 33 locations across Idaho, Utah, Nevada, and Arizona, entered into a merger agreement with Coastal Farm & Home, a ranch and country lifestyle retailer with 21 locations in the Pacific Northwest.

NRF: Holiday Sales Climb 5.3 Percent, Just Below Forecast

Retail sales during the November/December 2022 holiday season grew 5.3 percent over 2021 to $936.3 billion, falling short of the National Retail Federation’s (NRF) forecast amid continuing inflation and high-interest rates.