SGB Update

Retail Industry Futurist Among Keynotes At IBD Summit At Interbike

Doug Stephens, considered one of the world’s foremost retail industry futurists, and David Mead, a lead presenter with Simon Sinek’s Start With Why organization, will be joining John Venhuizen, the CEO of Ace Hardware Corporation, as part of the IBD Summit series each morning of the expo.

Exercise Takes Center Stage In D.C. As Key For A Stronger U.S.

On May 10, fitness industry supporters gathered on Capitol Hill to discuss how Congress, the Administration, industry, nonprofits and others within both the public and private sectors can work together to create a healthier nation, according to a press release from the National Coalition for Promoting Physical Activity (NCPPA).

Smartwool Appoints Florida Representation

Outdoor Sports Marketing (OSM) will begin representing Smartwool in all Florida markets effective immediately. The addition of Florida comes after a decade of successful, partnership-based sales and service by OSM in the Southeast Territory (MS, AL, GA, SC, NC, TN, VA).

J.C. Penney CEO Ellison Departs For Lowe’s

J.C. Penney Company Inc. announced that Chairman and CEO Marvin R. Ellison has notified the company of his decision to resign from his role to pursue another opportunity with Lowe’s Companies Inc.

Jay Berlin To Head Bellacor

Jay Berlin, the former CEO of at Summit Sports Companies and Sportsman’s Guide, has been appointed CEO of lighting and home décor online retailer Bellacor.

TJX Misses On Earnings, Beats On Revenue In Q1

Apparel and home fashions retailer The TJX Cos. Inc. reported net income for the first quarter ended May 5 of $716 million, or $1.13 per share. Adjusted earnings per share were 96 cents, a 17 percent increase over the prior year’s 82 cents per share, but missed analysts’ expectations by 6 cents per share.

Kohl’s Q1 Earnings Climb 14 Percent

Kohl’s Corp. raised the company’s guidance for the year after reporting first-quarter earnings rose 14 percent on a 3.6 percent same-store gain.