Costco Sees March Comps Slip On Changes in Gas Prices, FX Rates
Costco Wholesale Corporation reported net sales of $21.71 billion for the retail month of March, the five weeks ended April 2, 2023, representing an increase of 0.5 percent from $21.61 billion last year.
Premier Martial Arts Names Brand President
Premier Martial Arts, a franchise brand specializing in teaching karate, krav maga and kickboxing to kids and adults, named Scott Thompson brand president, effective immediately.
Play It Again Sports Parent And Elan Sports Forge Resale Partnership
Winmark Corporation, parent company of used sports equipment retailer Play It Again Sports, has entered into a partnership with snow sports marketer and distributor Elan Sports USA. Winmark will become the Official Resale Partner of Elan, and Elan will be a Premier Sustainability Partner of Winmark and Play It Again Sports.
Walmart Sees 65 Percent Of Stores Serviced By Automation By 2026; Reiterates Guidance
Walmart Inc. kicked off its two-day 2023 Investment Community meeting this week, with leadership highlighting how the company is investing to strengthen its business through its people and an unparalleled, next generation supply chain network of stores, clubs and fulfillment centers.
Dick’s SG Names Chief E-Commerce Officer
Dick’s Sporting Goods hired Denise Karkos, formerly at SiriusXM, as chief e-commerce officer.
Fanatics Acquires Italian Sports Retailer EPI
Fanatics acquired EPI, a Milan-based company that operates e-commerce and brick-and-mortar stores for Italian soccer clubs and the NBA. Fanatics will also acquire The Pitch Football Store, a football specialist omnichannel retailer.
Apparel Brands Acquires Nicce
Apparel Brands Ltd., the licensed owner of Seafolly and Ed Hardy, acquired East-London-based streetwear brand Nicce, a creator of minimalist streetwear designs.
Moody’s: Fanatics Collectibles Posts $950 Million In 2022 Sales
Moody’s Investors Service assigned first-time ratings to Fanatics Collectibles Intermediate Holdco, Inc. while noting that the company’s revenue for the year ended December 31, 2022, exceeded $950 million.
TenPoint Crossbow Technologies Promotes Flaherty To Marketing Director
TenPoint Crossbow Technologies promoted Brian Flaherty to director of marketing. He joined the company in 2009, having previously worked in sales and marketing roles, most recently as marketing manager.
NICS Checks Slide In March
The March 2023 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 1.56 million represented a decline of 6.8 percent compared to the March 2022 NSSF-adjusted NICS figure of 1.67 million.
Rapala VMC Appoints Three Company Vets To Top Leadership Positions
The Board of Directors of Rapala VMC Corp. appointed Lars Ollberg as president and CEO, Cyrille Viellard as deputy CEO and Jean-Philippe Nicolle as CFO. Victor Skvortsov, EVP and head of Russian distribution resigned, effective immediately.
Steiner Optics Hires Firearms Industry Vet As National Sales Manager
Steiner Optics hired Dave Pasienski as the national sales manager, bringing nearly two decades of industry experience to the position.
Survey: Gen Z Still Prefers Nike, Chick-Fil-A and Goldfish; Off-Price Gets More Attention
Investment bank Piper Sandler Companies completed its 45th semi-annual Taking Stock With Teens survey in partnership with Deca. The Piper Sandler survey highlights discretionary spending trends and brand preferences from 5,690 teens across 47 U.S. states with an average age of 16.2 years.
Chums Adds To Team Of Independent Sales Reps
Chums continues to focus on growing its specialty retail business, expanding its rep force to include Rocky Mountain Rep Group, Rep Monsters and independent sales rep Allen Breeding.
Hydrow Adds Board Director, Hires SVP Of Marketing And Sales
Hydrow appointed Laura Lang to its board of directors, and Diana Cino was named senior vice president of marketing and sales.
