SGB Update Outdoor

RECALL: SI Tech Diving Inflation Valves

About 1,670 Shell Diving Inflation Valves with Int’l Nipples manufactured by SI Tech, of Sweden, are being recalled. Ocean Equipment, of Canada, was the distributor.

REI Increases Investment In Run Category

REI is piloting new store layouts and deepening staff training to support its running departments as part of a bigger investment in the running category.

March Retail Sales Grew Despite Higher Inflation

Retail sales grew in March even as inflation edged higher, the National Retail Federation said. The U.S. Census Bureau said overall retail sales in March were up 0.5 percent seasonally adjusted from February and up 6.9 percent year over year.

Hammerhead Promotes Vice President Of Product

Hammerhead, the Karoo 2 cycling computer maker, promoted Jessica Braun to vice president of product. In her new role, she will lead its software and hardware teams.

TALO Announces New Executive Director

The Board of Directors of TALO Distributors, Inc. announced it hired Kane Cannedy as executive director of TALO. Cannedy was, most recently, vice president of purchasing at Davidson’s.

Thule Opens Second North American Brand Store

Thule officially opened its first Canadian brand store in West Vancouver, BC. Thule Store Vancouver is the second North American brand store opened by Thule in the last six months, with Thule Store Denver opening in June 2021.

Norma Precision Ammo Relocates To Georgia

Governor Brian P. Kemp announced that Norma Precision Ammunition, a subsidiary of the leading European ammunition manufacturer RUAG Ammotec, has established its U.S. headquarters, manufacturing site, and warehousing and distribution operations in Chatham County.

Hibbett Expands, Amends Credit Line

According to a regulatory filing, Hibbett, Inc. modified its unsecured credit agreement with Regions Bank that expires July 9, 2026, to expand the limit to $125 million from $100 million. All covenants remain unchanged.

Walmart Names PayPal’s Finance Chief As CFO

Walmart, Inc. appointed John Rainey, former head of finance at PayPal, as CFO, effective June 6. He replaces Brett Biggs, who announced his exit from the retailer last year.