SGB Update

PlayMetrics Merges with Stack Sports

Michael Doernberg, CEO of PlayMetrics, will lead the combined organization as CEO, and Jeff Young, CEO of Stack Sports, will transition to a strategic role as advisor to the board of directors.

Roots Sees Sales Climb 6 Percent in Q1

The Toronto-based retailer slightly narrowed its loss in the first quarter ended May 3 as sales grew 6.7 percent, marking the third consecutive quarter of growth. Founded in 1973, the retailer is known for its apparel, leather goods, footwear, and home furnishings. 

FishUSA Hires Kirk Guthrie to Lead New Wholesale Operation

Kirk Guthrie joins FishUSA after 30 years in the fishing tackle industry, where he has focused on driving growth, optimizing dealer programs and building sales teams. Most recently, he was the national accounts manager at Big Rock Sports.

Topgolf to Open in Panama City Beach

The venue, the first for Topgolf on Florida’s Emerald Coast in Panama City Beach, will open on June 27, the company’s 10th in the state.

GymGuyz Franchise to Open in Atlanta

Specializing in in-home mobile personal training, the franchise is now serving the Southwest Atlanta area through local husband-and-wife team Joel and Erin Castro.  The Atlanta location will host a grand opening on July 17.

Target Increases Quarterly Dividend

Target Corp. declared a quarterly dividend of $1.14 per common share, a 1.8 percent increase from the prior quarterly dividend of $1.12.

Fanatics Partners with Inter Milan

Under the partnership, Fanatics will provide Inter Milan with exclusive collections, locally relevant designs, an expanded product range, an online and in-store experience, and improved product availability.