SGB Update

Kohl’s Urged By Activist Investor To Reorganize Board

Activist investor group Macellum Advisors is once again pushing for board seats at Kohl’s Corp and the ouster of its chairman, according to a letter from the hedge fund to the shareholders on Thursday.

Bass Pro Expanding Sunset Hills Store

The pending Bass Pro Shops location in Sunset Hills, MO will add 17,500 square feet onto its original 75,000-square-foot layout.

North Arc Capital Acquires Project 321

North Arc Capital announced it had acquired the Project 321 brand, known for its magnetic-pawl mountain bike hubs, and bike hub-related assets from JLSO, Inc.

VF Names Global President, Dickies

VF Corp. promoted Lance Meller to global brand president, Dickies. The company announced the hire during its recent Investor Day meeting. 

Summer Booking Pace Slips At Western Mountain Destinations

DestiMetrics, the tracker of advance reservation occupancy and revenue and part of the Business Intelligence division of Inntopia, noted that summer occupancy is likely to be down compared to summer 2021, pre-pandemic 2020 and the benchmark-setting summer 2019.

Nike Adds New Restrictions For Resellers

Nike has added new terms and conditions to prevent resellers from purchasing footwear and reselling it on the secondary market to monitor sneaker-buying bots.