Report: August Mall Foot Traffic Decline Data May Have Some Positives
Placer.ai said in its August 2023 Mall Index report that while MoM visits fell for the month, other foot traffic metrics painted a rosier picture for the period when delving deeper into the location analytics.
AlixPartners: Holiday Retail May Be A Tale of Two Cities Again this Year
The consulting firm’s Holiday Outlook Survey of more than 1,000 American consumers found that 26 percent of consumers plan on spending less this holiday season with 38 percent of households with incomes under $45K planning to spend less.
HeyDude Faces $1.95 Million Fine from FTC
HeyDude will pay $1.95 million in fines over allegations they misled customers by only allowing positive reviews to appear on its website. Crocs said the violations primarily occurred prior to the acquisition.
West Marine Reaches Restructuring Deal to Avoid Court Proceedings
West Marine agreed to restructure roughly $800 million of the company’s debt out of court proceedings with the assistance of L Catterton, its private-equity owner. L Catterton will retain control of the business.
Grundéns Hires New CEO from Rapala
The producer of fishing apparel and footwear hired Nicolas Cederström Warchalowski as chief executive officer. Most recently, Warchalowski was the CEO of Rapala, the sport fishing company.
Phantom Glide Hires National Sales and Tech Rep
Justin Greenbaum, who brings sales and tuning experience to the team, will focus on “expanding Phantom Glide into new markets and growing partnerships across the ski and snowboard industry.”
Cascade Designs Names New VP of Human Resources
The company hired Minor Harris as VP of human resources, working from the company’s Reno, NV office. Harris will oversee all facets of HR to “ensure that the right people are in place” to develop, design and manufacture the company’s recreational product lines.
Summer Occupancy at Western Mountain Destinations Running Down
After a strong winter season and with two months to go, summer bookings and occupancy at Western Mountain destinations the summer of 2023 will likely finish down slightly from last year, but will still come very close to meeting the revenue record set last summer, according to most recent monthly Market Briefing released by DestiMetrics.
Blizzard-Tecnica Hires Ski Industry Vet as NSM
The company hired Geoff Curtis as national sales manager to lead Blizzard-Tecnica’s independent sales reps to further grow its brands.
Duluth Trading Opens New Fulfillment Center
The new facility, located in Adairsville, GA is the company’s fourth fulfillment center and first to use automation and robotics.
August Retail Sales Growth Moderates; Sporting Goods Trends Down
August sales were up in five out of nine retail categories on a yearly basis, according to the U.S. Census Bureau. Circana reported flat sales growth year-over-year for their categories while the NRF and USCB saw sales up 3.3 percent for the period.
PeopleForBikes Appoints First Chief Marketing Officer
PeopleForBikes hired Jose Maldonado as chief marketing officer. Maldonado started with the U.S. bicycle industry trade association and national advocacy nonprofit in October 2019 and recently returned to lead strategy and other key marketing functions.
Deloitte Forecasts Softer Holiday Sales, Double-Digit E-Commerce Growth
Holiday sales in the U.S. are estimated to grow 3.5 percent to 4.6 percent between November and January, slowing from the 7.6 percent increase seen in 2022, according to Deloitte’s annual holiday retail forecast. The moderation reflects less inflation but also weaker consumer spending.
Yamaha U.S. Marine Appoints Customer Experience Division Manager
Jason Berry is now responsible for leading and supporting Marine Field Service and call centers for Outboard, WaterCraft, Bennett, and Siren. Berry first joined Yamaha in 2005.
Nordstrom, Inc. Promotes Three to Key Leadership Roles
The retailer promoted Jamie Nordstrom to chief merchandising officer, Fanya Chandler to president, Nordstrom Stores and Gemma Lionello to president, Nordstrom Rack.
