Target Lays Out Strategic Plans to Drive $15 Billion+ in Sales Growth by 2030
This week, the retailer outlined for the financial community how ongoing investments will accelerate its strategy and drive billions of dollars of profitable sales growth across its multi-channel business by 2030.
The Arizona Hideaway Collection Brings Four Iconic Golf Properties Under One Brand
Under The Allred family, who have rejuvenated destination properties for nearly five decades, including Telluride, the properties include The Hermosa Inn, Tubac Golf Resort & Spa, Rancho Mañana Golf Club, and Sedona Golf Resort.
Camping World Closes on Another Lazydays Location Acquisition
The nation’s largest retailer of RVs, RV accessories and RV-related services, closed on the asset purchase of Lazydays in Sturtevant, WI. The company expects to close on additional locations in the coming weeks.
The Buckle Sees February Comps Down 1.3 Percent
Net sales for the February period decreased 0.9 percent to $77.6 million from net sales of $78.2 million for the prior-year February period.
Macy’s Inc. Has Mixed Q4 Results; Shares Slip as Tariffs, Weak Consumer Impact Outlook
Macy’s, Inc. reported that net sales decreased 4.3 percent to $7.8 billion for the quarter ended February 1. Comparable store sales were down 1.1 percent on an owned basis and up 0.2 percent on an owned-plus-licensed-plus-marketplace basis.
Vaura Pilates Inks Master Franchise Partnership for Southeast Asia and Middle East
The company continues its global expansion with a new Master Franchise Partner, Luxe Fit Pilates, for Southeast Asia and the Middle East. With studios in Tanglin and Joo Chiat (Singapore), this new partnership will bring Vaura’s wellness philosophy to new urban centers within the regions.
MyFitnessPal Appoints Chief Revenue Officer, Advertising
Industry veteran Amit Patel brings over 25 years of experience in business strategy, digital media and advertising to the global nutrition and tracking app
Recall: Deuter Kid Comfort Child Carrier Backpack
Deuter has voluntarily recalled approximately 4,900 Kid Comfort Child Carrier Backpacks. The company has identified an issue with the carrier’s hinge system, which could fail on first use.
Maxim Defense Enters Distribution Agreement with MGE Wholesale
Maxim Defense is a development company that primarily engages in firearm, suppressor and accessory manufacturing. Located in Northern Indiana, MGE Wholesale has distributed firearms, ammunition and shooting sport accessories nationwide to dealers for over 20 years.
Rip Curl and Oboz Parent KMD Names Former Nike Europe CEO as New Group CEO
Brent Scrimshaw transitioned from a non-executive role on the company’s Board to assume the role of Group CEO and managing director on March 24. Outgoing Group CEO Michael Daly will step down as director of KMD Brands on March 25 and complete a transition period with Scrimshaw until April 4.
Ross Stores Reports Q4 Sales and Earnings at Top End of Forecast
Ross sales trends began softening later in January and into February. The company believes a combination of unseasonable weather and heightened volatility in the macroeconomic and geopolitical environments has negatively impacted customer traffic.
Noto Group Opens London Office; Appoints John Copeland as Senior Partner
With nearly three decades of executive search experience across global consumer markets, Copeland “brings extensive European industry expertise that aligns with Noto Group’s vision
Nordstrom Beats Q4 Sales and Earnings Estimates; CFO Heading to Starbucks
In the fourth quarter, active, women’s and men’s apparel reportedly had the strongest growth versus fourth quarter 2023. For fiscal 2024, active, women’s and men’s apparel, kids, and shoes were said to be the strongest categories.
Bogs, Rafters & Forsake Parent Company Weyco Sees EPS Jump on Flat Sales Growth
Weyco Group, Inc., parent company of the Bogs, Rafters, Florsheim, Nunn Bush, Stacy Adams, and Forsake brands, posted net sales of $80.5 million, essentially flat to the fourth quarter of 2023.
SFIA Names VP of External Affairs & Industry Relations
Bonnie McLaughlin will join the Sports & Fitness Industry Association and to its executive team on March 10, 2025. The SFIA also promoted Lisa Futterman to senior manager of Marketing and Communications reporting to McLaughlin.
