Record Traffic Forecasted for Thanksgiving Holiday Weekend
An estimated 182 million U.S. consumers plan to shop in-store and online from Thanksgiving Day through Cyber Monday this year, according to the annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. This figure is 15.7 million more consumers than last year and is the highest estimate since the NRF started tracking the data in 2017.
Report: 20 Million Americans Planning an RV Holiday Vacation This Year
According to the recently released RVIA Holiday Travel Intentions Survey, the top reasons people plan to RV are the love of road trips, the desire to travel in comfort, interest in exploring the great outdoors, and the affordability of RV travel.
Alterra Expands Mountain Division Leadership
Alterra Mountain Co. hired Ron Cohen, president and COO of Mammoth Mountain and June Mountain, and Rob Perlman, president and COO, of Steamboat, to the newly created roles of executive vice president, regional operations.
Legacy Sports International Appoints COO
Legacy Sports International, a distributor/importer in the shooting sports industry, appointed Paul Lemke as its new chief operating officer.
Dr. Martens Appoints Apple Retail Director as Chief Brand Officer
Non-executive director Ije Nwokorie will join Dr. Martens as chief brand officer, effective February 1, 2024. In conjunction with assuming the CBO role, Nwokorie will cease to be a member of the Board and will step down as a member of the Audit and Risk, Nomination and Disclosure committees.
TYR Sport Opens Second Store in Costa Mesa
TYR Sport announced the opening of the swim brand’s second store in South Coast Plaza in Costa Mesa, CA. TYR Sport’S first-ever brick-and-mortar store opened last month at Roosevelt Field Mall in Garden City, NY.
The Buckle Sees Fiscal Q3 Profits Decline as Comps Decline 9.2 Percent
Net income for the third quarter of fiscal 2023 was $51.8 million, or $1.04 per share on a diluted basis, compared with net income of $61.4 million, or $1.24 per share on a diluted basis, for the third quarter of fiscal 2022.
Fleet Feet Expands Kentucky Footprint with Louisville Store
Fleet Feet reported it plans to open a second store in Louisville, KY, in November in Fern Creek’s Cedar Creek Crossing Shopping Center.
HanesBrands Appoints Three New Independent Directors
HanesBrands announced that it has appointed Colin Browne, Natasha Chand and John Mehas as independent directors to the Board, effective immediately. It also reached a cooperation agreement with Barrington Capital Group, an activist investor group.
Dillard’s Announces Special Dividend On Shares
The Board of Directors of Dillard’s, Inc. declared a special dividend of $20.00 per share on the retailer’s class A and B common stock, payable on January 8, 2024, to shareholders of record as of December 15, 2023.
Athleta’s Q3 Sales Tumble 18 Percent
Gap, Inc. reported sales at its Athleta banner were down 18 percent in the third quarter to $279 million with same-store sales sliding 19 percent.
Ross Stores Lift Outlook as Q3 Beats Plan
Ross Stores raised its earnings guidance for the year after third-quarter results arrived ahead of targets. Profits grew 30.7 percent in the period on a 5 percent same-store gain and the benefit of lower freight costs.
Columbia Sportswear Hires President, Sorel Brand
Columbia Sportswear Company hired Cory Long as president of the Sorel brand. Most recently, Long was the global general manager and chief global merchant of DC Shoes. He also has leadership experience at Mitchell & Ness, Asics, Supra, and Converse.
REI to Open Albany Store in 2024
REI announced it is opening a store in Albany, NY, in the fall of 2024, the retailer’s sixth store in New York, following the opening of its Ithica store in summer 2024.
Dick’s SG’s Chief Comms and Sustainability Officer Announces Retirement
Dick’s Sporting Goods Chief Communications and Sustainability Officer Peter Land announced his retirement after three years working for the retailer. Dick’s declined to comment on his departure.
