SGB Update

JCPenney Partners With ThredUp In New Business Model Expansion

J. C. Penney Co. Inc. on Thursday announced that 30 JCPenney stores will soon be offering a sought-after selection of secondhand women’s clothing and handbags from ThredUp, a consignment store featuring like-new styles from leading designers and brands.

Sportsman’s Warehouse Opening In Murfreesboro, TN

Sportsman’s Warehouse will hold the grand opening celebration of its new store in Murfreesboro, TN, August 22-24. The event will feature giveaways, vendor demonstrations and other activities.

JCPenney Announces Stacey Shively As SVP, GMM Home

J. C. Penney Co. Inc. on Thursday announced that Stacey Shively, a senior executive with nearly 25 years of retail merchandising experience, has been appointed to senior vice president, general merchandise manager for its home division, effective Sept. 9.

JCPenney Reaffirms Outlook Amid Narrowed Loss

J. C. Penney Co. Inc. on Thursday announced a net loss in its fiscal second quarter ended August 3 of $48 million, or a loss of 15 cents per share, which beat Wall Street’s expectations by 17 cents. The company, which reaffirmed its outlook for fiscal year 2019, narrowed its loss from the year-ago quarter of $101 million, or a loss of 32 cents per share.

Industry Veteran Tim Hanifin To Lead Ikor Sales Team

Ikor Labs, the Boulder-based producer of recovery-enhancing hemp oil/CBD (cannabidiol) products for endurance athletes, announced the addition of sales veteran Tim Hanifin as director of sales to their expanding team.

Fanatics Partners With German Retailer SportScheck

Licensed sports merchandise company Fanatics has partnered with SportScheck, one of Germany’s leading sporting goods retailers, and signed a deal that will provide sports fans across Germany with access to the most comprehensive range of licensed sports merchandise available in the country.

RVIA Survey Reveals Younger RVers Making Modifications To Rigs

A new survey from the RV Industry Association reveals that it is younger RVers who are choosing to buy the most parts and accessories to make modifications and additions to their vehicles. In addition, two-thirds of surveyed RVers say buying the right parts and accessories to modify their RV enhances their outdoor experiences.

OrderMyGear Named To Inc. 5000 List

Inc. magazine Wednesday named OrderMyGear to its annual Inc. 5000 list of the nation’s fastest-growing private companies.

REI Co-Op To Open Store In Wichita, KS, Next Spring

REI Co-op is opening a new store in Wichita, KS, in spring 2020, bringing a wide assortment of quality gear, equipment rentals, experiences and expertise for the region’s most popular outdoor activities.