SGB Update Outdoor
Tractor Supply Q4 Sales Up 20.7 Percent; Comps Up 8.6 Percent
Tractor Supply company reported that net sales for the fourth quarter of 2022 increased 20.7 percent to $4.01 billion for the period ended December 31 from $3.32 billion in the fourth quarter of 2021.
The RealReal Names CEO And Board Member
The RealReal, Inc., the largest online marketplace for authenticated, resale luxury goods, announced that John E. Koryl would join the company as CEO and a member of its Board of Directors, effective February 6, 2023.
RVIA Reports 2022 RV Shipments Best Year On Record
Results from the RV Industry Association’s December 2022 survey of manufacturers noted total that for 2022 total shipments ended at 493,268, the third-best year on record.
L.L. Bean To Renovate Freeport Flagship And Campus
L.L. Bean announced plans to renovate its flagship store and the retail campus in Freeport, ME, as part of a more than $50 million project.
Boot Barn Slightly Lowers FY Guidance As Q3 Profits Fall
Boot Barn Holdings, Inc. slightly lowered its earnings guidance for its fiscal year ended March 31 while reporting third-quarter profits declined 23.7 percent on a 3.6 percent same-store sales decline. Third-quarter results were in line with a pre-announcement provided in early January.
ICSC: 2022 Holiday Sales Miss Forecasts On Promotional Pressures
The ICSC (International Council Of Shopping Centers) found holiday sales jumped 5.2 percent year over year, falling short of its forecast. ICSC’s survey found 43 percent of U.S. consumers indicating that low prices or good promotions were key motivating factors in where they shopped, significantly ahead of 33 percent in 2021.
Spyder Launches Rental Service
Spyder launched a skiwear rental program to improve the customer experience and in response to new consumption trends.
Dick’s SG Store Closes In Columbia, SC
Dick’s Sporting Good store in Columbia, SC, located at 10204 Two Notch Road, is permanently closed.
Outdoor Recreation Roundtable Releases 2022 Annual Report
The Outdoor Recreation Roundtable released its 2022 Annual Report outlining what it said was an “incredible year for the record-breaking $862 billion outdoor recreation industry.”
Outdoor Research Launches OR Pro On Amazon
Outdoor Research reported it partnered with Retail Bloom to launch OR Pro on Amazon.
Dunham’s Sports Set To Re-Open Storefront In Escanaba
Dunham’s Sports is scheduled to reopen its remodeled store in Escanaba, MI on January 27 with over three times the floor space as the previous footprint.
Strava Acquires Outdoor Adventure Mobile App Company
Strava acquired Fatmap, a mobile app for outdoor enthusiasts, giving its subscribers access to the full offering.
Dickies Adds Four To Marketing Team, One Hire To Direct To Consumer Effort
Dickies added new hires to its marketing and consumer direct teams.
Rumpl Hires Creative Director; Promotes From Within
Rumpl hired Kris Fry as creative director effective immediately, with over a decade of agency and brand-building experience.
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.
