Allbirds To Open First Store In Connecticut
Allbirds reported it plans to open its first store in Greenwich, CN, this May. The 3,000-square-foot space at 340 Greenwich Avenue will “amplify” the Allbirds customer experience.
Tonal Completes $130 Million Funding Round, Appoints New CEO
Strength and personal training platform Tonal, founded in 2015, completed its latest funding round, raising $130 million through existing investors led by L Catterton, Cobalt, Dragoneer, Kindred Ventures, and THVC.
What The Fin Apparel Builds Out Executive Team
What The Fin Apparel, a lifestyle surf brand headquartered in Greenville, SC, hired Marcella Franseen as director of operations and Dalton Coker as chief of staff while announcing two promotions.
Camping World To Acquire Travel Land RV Center In Michigan
Camping World Holdings, Inc. reported it would acquire Travel Land RV Center in Houghton Lake, MI, expected to close in the second quarter of 2023.
Amazon To Charge Fee For Returns Made At UPS
According to a published report in The Information, Amazon will charge a fee for customer returns made at UPS stores if return options at Whole Foods, Kohl’s or Amazon Fresh locations are closer or just as far as a UPS store return location.
Nordstrom To Open Rack Store In Elk Grove, CA
Nordstrom, Inc. reported it plans to open a new Nordstrom Rack store in Elk Grove, CA, in spring 2024.
BSN Sports Revenues Reached $1.5 billion In 2022, Poised For Growth
In a recent interview, BSN Sports President and COO Terry Babilla shared that the team sports retailer ended 2022 with $1.5 billion in annual sales, with an ongoing digital transformation expected to fuel growth in the years ahead.
Report: Year-Over-Year Online Prices Fell Again In March But Apparel Shows Increases
Adobe is reporting that online prices in March 2023, as tracked via the Adobe Digital Price Index (DPI), powered by Adobe Analytics, fell 1.7 percent year-over-year (YoY), marking the seventh consecutive month of YoY price decreases.
Feelfree US Expands With West Coast Distribution Center
Feelfree US, LLC opened a new regional distribution center in Diamond Springs, CA, to meet consumer demand in the West Coast region.
Revel Bikes Names New President And COO
Based in Carbondale, CO, Revel Bikes hired Ben Coates as president and chief operating officer. Coates brings over 15 years of experience in the cycling industry to Revel, having previously served as a director for both POC and Trek.
Spartan Fitness Holdings Secures Investor
Spartan Fitness Holdings, the largest franchise owner in the Club Pilates system, received an investment of over $30 million from Snapdragon Capital Partners, a founding investor in Xponential Fitness.
Hotlines Establishes U.S. Distribution To Support Bike Channel
Hotlines, the B2B distributor owned by Signa Sports United North America, launched in North America, with its headquarters in Park City, UT, to serve the U.S. bike market by offering a wide range of Nukeproof products.
Industrial Revolution Names New Regional Sales Manager
Industrial Revolution named Harrison Frye as regional sales manager, responsible for managing relationships across the company’s markets, managing accounts and overseeing independent reps and distributors of its brands, including UCO, Morakniv, Esbit, and Pedco.
NRF: Imports Climbing But Below Pandemic Peaks
Import cargo volume at the nation’s major container ports should climb steadily through the summer but will remain below record-setting levels seen during most of the pandemic, according to the Global Port Tracker report* released by the National Retail Federation (NRF) and Hackett Associates.
Kohl’s Debt Ratings Lowered
S&P Global Ratings lowered the debt ratings of Kohl’s Corp. as the retailer’s recently reported earnings for fiscal 2022, came in below expectations with lower margins due to heightened clearance activity and muted demand.
