SGB Update

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.

B. Riley Acquires Interest In Bluestar’s Scotch & Soda

B. Riley Financial, Inc. acquired an equity interest in Scotch & Soda through its participation in its recent acquisition of the Dutch fashion brand by New York-based brand management company Bluestar Alliance, LLC.

Michelin Soles Expands In The U.S. With Vermont Office

JV International, a manufacturer of technical soles and the worldwide licensee of soles by Michelin, is expanding its North American presence with a new office opening in Wolcott, VT. JV North America will be headed by Glen McKibben as VP and general manager.