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.
Orion Wholesale Hires Director Of Business Development
Orion Wholesale hired Mike Hutchings as director of business development, overseeing the growth and expansion of new business, using its products and services to identify opportunities and increase revenue.
Rally House Opens In Edmond, OK
Rally House recently increased its presence in Oklahoma with a new location in Edmond.
Brunswick Corp. Makes Changes To Segment Reporting
Brunswick Corporation updated its reportable segments from three to four—Propulsion, Engine Parts & Accessories, Navico Group, and Boat. The company’s previous Parts & Accessories reportable segment now splits into Engine Parts & Accessories and Navico Group.
Ports Of Los Angeles And Long Beach Temporarily Shut Down
The Ports of Los Angeles and Long Beach were back in operation Saturday after a worker shortage shut down the largest U.S. port complex for the better part of two days.
Walmart Partners On Pickleball Initiative
Walmart partnered with the racquet sports booking platform, Break the Love, offering for free 125,000 reservations for customers and employees to book pickleball playtime at venues nationwide.
