SGB Update Outdoor

Target CEO Brian Cornell To Stay Three More Years

Target said Brian Cornell agreed to remain in his role as CEO for an additional three years. With Cornell’s commitment, Target’s Board of Directors eliminated its retirement policy, designed to initiate a discussion regarding the possible retirement of its CEO at the age of 65.

La Jolla Group Adds Mountain Khakis To Brand Portfolio

La Jolla Group, Inc. announced it added Mountain Khakis to its brand portfolio. The company will provide strategic guidance, back-end oversight and support, including finance, planning, HR, IT, distribution, and logistics.

Ammo, Inc. Moves Against Dissident Director

Following last week’s proxy challenge by its largest shareholder and chief strategy officer, Steven Urvan, Ammo, Inc. announced that it had placed Urvan and GunBroker CFO Susan Lokey on administrative leave.

Academy Sports Q2 EPS Exceeds Wall Street Targets

Academy Sports reported earnings in the second quarter came in comfortably ahead of Wall Street expectations. Comps declined 6.0 percent against challenging year-ago comparisons but improved sequentially versus the first quarter. The sporting goods chain reiterated its 2022 full-year net and comparable sales guidance.

Stio Hires Vice President Of Sales

Stio hired Alex Brown as vice president of sales to lead the strategy and development of its wholesale and corporate channels.

Report: Kohl’s Gets Bid For Real Estate

Private equity firm Oak Street Real Estate Capital, LLC has reportedly offered to acquire as much as $2 billion in property from Kohl’s Corp.

Salt Life Opens 21st Location

Delta Apparel, Inc. announced it opened a new retail store for its Salt Life brand in Jupiter, FL, marking the brand’s 12th retail location in the state and 21st overall.

DPS Skis Strengthens Product And Marketing Teams With New Hires

DPS Skis has hired Stu Gleason as ski and process engineer and Zach Clayton as global marketing manager to support its product and marketing departments. Harry Brown was added as dealer services manager and Bridger Royce as dealer services coordinator.