SGB Update

Play It Again Parent Sees Q3 Profit Gains

Earnings for the franchisor rose 14.9 percent due to an increase in customer activity within the company’s lease portfolio and reduced expenses.

Newell Brands To Sell Tools Business

The sale comes a week after announcing plans to sell about 10 percent of its portfolio, including the K2, Völkl, Marker and Zoot brands.

RECALL: 1,000 Specialized S-Works Road Bikes

The company recalled the 2016 Venge Vias and Venge Pro Vias road bicycles after learning the rear wheel can slip from the drop out and damage the rear triangle.

Berger Bullets Joins Nammo Group

Walt Berger and Bryan Litz, along with the rest of the existing Berger team, will continue on as part of Nammo’s U.S. growth plan going forward.

Canadian Tire Bank Head Retires

Canadian Tire Corp. will see its President and CEO Mary Turner retire from her role, effective December 31, 2016. Gregory Craig, SVP of Canadian Tire Bank, will assume the role.