SGB Update

Crunch Fitness Opening Newest Charlotte, NC Location

Crunch Fitness franchisee CR Fitness Holdings, LLC is opening Crunch Arboretum in Charlotte, NC a $5 million, 35,000-square-foot fitness facility in a space previously occupied by Bed, Bath & Beyond.

Nordstrom Adds Board Member

Nordstrom, Inc. appointed Guy B. Persaud to its Board of Directors, effective immediately. Persaud is president of the new business unit at Procter & Gamble.

Shoe Carnival Increases Quarterly Dividend

Shoe Carnival, Inc.’s Board of Directors approved a quarterly cash dividend payment of 12 cents per share, representing an increase of 20 percent from 10 cents per share.

KOA Sees Jump in Fall and Winter Camping

Kampgrounds of America (KOA) Inc.’s September Research Report found that 85 percent of campers have planned fall trips while winter camping has doubled in intent year-over-year.

Norrøna Selects Boston for New U.S. Concept Shop

Norrøna reported it will open a 2,637-square-foot concept shop on Boston’s Newbury Street in Spring 2024. The company said the move signifies the sustainable growth the family-owned Norwegian manufacturer of apparel and gear has achieved in the U.S.

JD Sports Posts Double-Digit H1 Growth in N.A. with DTLR, Finish Line, JD and Shoe Palace

U.K.-based JD Sports Fashion reported total revenue of £4.78 billion ($5.91 billion) for the first half of its fiscal year ended July 29, up 8.3 percent  year-over-year. JD said organic growth in its North America business was up 15 percent with the three largest segments—Finish Line/JD, DTLR and Shoe Palace—delivering between 13 percent and 17 percent organic sales growth.

Nordstrom Sets Plans for More Rack Locations in Ohio

With the addition of this new location in Mason, OH and a location opening in Macedonia, OH in spring 2024, Nordstrom will operate eight Nordstrom Rack stores and three Nordstrom stores in Ohio. The store is scheduled to open in fall 2024.

GT Bicycles Makes New Sales Hires; Promotes from Within

GT Bicycles named Kevin Noble as head of North American sales, Jeremiah Starkey, was hired to manage GT’s global sales and operations planning, Beny Huckaby runs point on customer service and warranty, and Cindy Balsitis was promoted to administrative manager.