SGB Update

Moosejaw To Open First Retail Store in Salt Lake

The 8,200-square-foot store, scheduled to open on October 21 in Salt Lake City, is located near the “trendy” 9th and 9th neighborhood, and is the retailer’s first store in Utah.

Retro Fitness Names Chief Development Officer

Retro Fitness named Larry Strain as chief development officer. He brings more than 25 years of experience in the franchise space, including having worked at Starbucks, McDonald’s and Dunkin’ Donuts.

Pure Hockey to Open Second Store in Washington

Pure Hockey announced it will open a store in Tukwila, WA, at 303 Tukwila Parkway later this Fall; this is the retailer’s second in Washington. The other store is in Lynnwood.

ICSC Sees Holiday Sales Expanding 3.8 Percent

Retail sales are expected to grow 3.8 percent this holiday season, according to ICSC’s 2023 holiday shopping forecast. The agency also forecasted a 7.6 percent increase in F&B, bringing the total expected spend for the season to $1.60 trillion.

Johnson Outdoors to Discontinue its Eureka! Business

Johnson Outdoors, Inc. announced that it is exiting its Eureka product lines. The products will remain available for sale as it winds down operations, with plans to fulfill all customer requirements through the end of 2024.

Vista Outdoor Announces CFO for Outdoor Products Business

Vista Outdoor, Inc. announced that Andy Keegan, vice president and interim chief financial officer of Vista Outdoor, was promoted to CFO of Revelyst following Vista Outdoor’s planned separation of its Outdoor Products segment into a standalone public company.

Costco’s Longtime CEO to Step Down at End of Year

Costco Wholesale Corp. said Craig Jelinek, CEO since 2012, plans to step down, effective January 1, 2024. Ron Vachris, president and COO since February 2022, will succeed Jelinek as president and CEO.

Heiq Appoints New GM for Heiq China

UK-based textile and materials manufacturer Heiq hired Robert Liu as general manager of Heiq China, leading its business operations. 

DSW Confirms Chief Merchant to Step Down

Designer Brands, Inc. confirmed that Jim Weinberg, EVP and chief merchandising officer at DSW, is stepping down. He has been chief merchandising officer since February 2019.

Deloitte Sees 2023 Holiday Spending Returning to Pre-Pandemic Levels

Deloitte is forecasting that holiday spending this year will surpass pre-pandemic levels for the first time.  Consumers surveyed for the report plan to spend an average of $1,652 during the shopping season—a 14 percent year-over-year increase, though a modest four-year CAGR of 2.5 percent reflecting a normalization of trends.

Sea to Summit Appoints Board Chair

The global adventure equipment brand headquartered in Perth, Western Australia appointed former Nestlé SVP Wayne England as the new chair of the company’s board of directors.