SGB Update

Trips For Kids Forms New National Organization, Expands Mission

TFK has expanded its mission to include children of all communities, not just the underserved, in helping them build confidence, develop successful life skills, and gain environmental awareness through the simple act of having fun on a bike.

Soles4Souls Announces Spring Cleaning/Earth Day Initiative

“The saying ‘one person’s trash is another person’s treasure’ couldn’t apply more when it comes to creating powerful sustainable economic opportunities through repurposing shoes and clothing,” says Soles4Souls CEO Buddy Teaster.

Pearl Izumi To Sponsor USA Triathlon

Pearl Izumi will outfit the elite athletes on the USA Triathlon and USA Paratriathlon National Teams with cycling apparel to wear at ITU events and for training purposes.

Payless Lists Stores To Close

The retailer plans to close about 400 stores. As expected, the biggest states saw the most closures, including about 110 in Texas and 50 in California.

Sportsman’s Warehouse To Hold Grand Opening In Wilmington

“We are excited to enter North Carolina which is a new state for Sportsman’s Warehouse. This location has a large user base that is currently under served through existing retailers,” noted John Schaefer, Sportsman’s Warehouse CEO.

J.Crew’s President To Exit

Jenna Lyons has been with J.Crew for 26 years and has served as president and executive creative director since 2012.

Aerosoles Appoints New CEO

Chief Executive Officer R. Shawn Neville will assume the role of executive chairman of the board while Denise Incandela, formerly at Ralph Lauren, takes over as CEO.

Payless Files For Bankruptcy

The family-shoe chain plans to immediately close nearly 400 underperforming locations in the U.S. and Puerto Rico while reorganizing its debt.