SGB Update

Meijer Sets Openings For Two Stores In Ohio

Meijer plans to open two new 159,000-square-foot supercenters in Warren and Wooster, OH, respectively, on May 16, increasing the retailer’s store count to 52 in the state.

Gunpowder, Inc. Forms Executive Leadership Team

Gunpowder, Inc. reported forming an executive leadership team, promoting Carie Breunig to the chief operating officer, Leah Berg to president and Caitlin Conley to vice president of finance. Agency Founder Ryan Chuckel will remain in the CEO role.

Life Time Fitness To Open Locations In Tampa And Atlanta

Life Time, the upscale fitness club operator, entered into new and extended long-term leases with RMR Group for the Harbour Island Athletic Club in Tampa, FL and Atlanta’s Athletic Club Northeast in North Druid Hills.

PickleTV Streaming On Amazon Prime Video And Freevee

PickleTV, an ad-supported streaming (FAST) television channel dedicated to pro pickleball matches, tutorials, interviews, and original content, is streaming live on Amazon’s Prime Video and Amazon Freevee in the U.S.

Golf Rounds Played Dip In February

Rounds of golf played in February 2023 were down about 3 percent on a national level year-over-year, impacted by storm-related weather activity in California, according to Golf Datatech.

North St. Bags Moves Headquarters

North St. Bags, the maker of bike panniers and bags, is moving its headquarters to a renovated building in inner North Portland, OR.

Vista Outdoor Promotes Vanderbrink To CEO, Sporting Products Segment

Vista Outdoor, Inc. promoted Jason Vanderbrink to Sporting Products’s CEO, effective immediately. Vanderbrink has been with the company since 2005 in executive leadership roles, including senior vice president of sales and president of Sporting Products.

The Basketball League Rolls Out New Super League Format

The Basketball League, which claims to be “the fastest-growing professional sports league in North America,” released details of a new league that positions it outside of markets served by the NBA and NBA G league.

Sneaker Prices Reach Highest Levels This Decade

Average sneaker prices in March 2023 rose to record levels in the U.S. by 12.3 percent since 2020 but followed closely by deepening retail discounts, according to the USA Sneaker Market Index compiled by Centric Pricing*.

Authentic Brands Group Signs Agreement To Acquire Quicksilver, Billabong, DC Parent

After months of speculation in the active lifestyle market about a pending deal in the beach/skate lifestyle space, Authentic Brands Group reported it signed an agreement to purchase Boardriders, the parent of Quiksilver, Billabong, Roxy, DC Shoes, RVCA, Element, VonZipper, and Honolua. On March 31, Authentic said it entered a period of exclusivity and made a binding offer to purchase Boardriders.

CSGA Names New President And CEO

The Canadian Sporting Goods Association (CSGA) hired Bryan Loucks as president and chief executive officer, timed with the Association having completed improvements to its operational platform to increase membership value.

Wahoo Fitness’ Debt Ratings Lowered By Moody’s

Moody’s Investors Service downgraded the debt ratings of Wahoo Fitness to reflect Wahoo’s missed debt service payment due 31 March 2023 and the expiration of the applicable grace period. S&P lowered Wahoo’s debt ratings earlier this month.