SGB Update

RVIA: 44 Million Americans Plan To Go RVing This Summer

The RV Industry Association reported in a recent survey of America’s leisure travelers that 44 million consumers plan to RV this summer, including 12 million who said they plan to RV this Memorial Day weekend.

Citi Trends Posts Q1 Loss As Comps Fall 14.1 Percent

Citi Trends, Inc. reported fiscal first quarter sales decreased 13.7 percent to $179.7 million compared to the year-ago quarter, in line with guidance. Comparable store sales decreased 14.1 percent compared to Q1 2022.

F45 Training Receives NYSE Notice Of Non-Compliance With $1 Share Price Rule

F45 Training Holdings, Inc. has received a notice from the New York Stock Exchange indicating that the company is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of the company’s Common Stock was less than $1.00 over a consecutive 30 trading-day period.

Walmart Opens First Market Fulfillment Center In Arkansas Store

Walmart opened its first high-tech Market Fulfillment Center (MFC) in Arkansas at Store 100 in Bentonville, underlining the retailer’s strategic move to expand using its stores as fulfillment centers to enhance the shopping experience.

City Bikes Owner Charlie McCormick Passes Away

Charlie McCormick, founder and owner of City Bikes in Washington, D.C., died of natural causes on May 11 under the stars at a remote camping spot overlooking the Potomac River in Poolesville, MD.

Brooks Appoints New Senior VP Of Footwear

Brooks Running promoted Carson Caprara to senior vice president of Footwear. Caprara succeeds Patrick Pons De Vier, who left the company for personal reasons.