Nike Closes Offices For “Well-Being Week”
Nike, Inc., for the second consecutive year, has closed its global corporate office from August 15-19 for “Well-Being Week,” for Nike employees to “relax and recharge.”
Trek Bicycle Appoints VP Of Ascend
Trek Bicycle, based in Waterloo, WI, announced that longtime executive Roger Gierhart will take the helm as vice president of Ascend, the retail management system that Trek sells to independent retailers.
Kohl’s Names Chief Marketing Officer
Kohl’s announced that Christie Raymond was promoted to chief marketing officer, reporting to CEO Michelle Gass.
Ahead Appoints Director Of Strategic Accounts
Ahead announced it hired Jackie Kirkwood as director of strategic accounts. Most recently, Kirkwood was general manager for Ecco Golf USA
Ammo Announces Plan To Separate Ammunition And Marketplace Businesses
Ammo Inc. announces that its Board of Directors has unanimously approved a plan to separate its ammunition and marketplace businesses into two independent publicly-traded companies.
Dillard’s Posts Flat Comps In Second Quarter
Dillard’s, Inc. reported earnings fell 12 percent in the second quarter ended July 30 on flat same-store sales. Earnings in the six months rose 20.5 percent on a 10 percent comp gain.
SoulCycle To Close About A Quarter Of Its Locations
SoulCycle is closing 19 of its 82 studio locations nationwide within the next few weeks, CEO Evelyn Webster announced Friday in a town hall-style Zoom meeting with its employees.
Peloton Is Cutting Jobs, Exiting Stores And Raising Prices
Peloton in a memo to employees said it is cutting approximately 780 jobs, closing a significant number of stores and hiking prices on the Tread and Bike+ in further moves to improve profitability.
Outdoor Prolink Announces New Hires And Promotions
Outdoor Prolink New Hires And Promotions include Melissa Hess, Andrew Brookens, Kelly Knauf, and Jessica Villaire,
Occupancy Levels At Western Mountain Destinations Continue To Decline
Once again, occupancy totals for Summer 2022 across mountain destinations in western states continued to drift down from last year’s boom in pent-up demand travel and compared to the pre-pandemic record of 2019, according to the most recent Monthly Market Briefing released by DestiMetrics.
Fanatics Expands Partnership With Detroit Lions To Create Omnichannel Shopping Experience
Fanatics and the Detroit Lions extended its multi-year deal, expanding on their existing e-commerce partnership, which now sees Fanatics become the team’s end-to-end omnichannel retail partner. A cornerstone of the new partnership is Fanatics’ investment to reinvent the in-venue retail experience for consumers, highlighted by Lions Supply, a new team store inside Ford Field.
Peloton To Face Lawsuit Over Availability Of Fitness Classes
U.S. judge on Thursday ruled that Peloton Interactive Inc. must face a proposed class action lawsuit accusing the bike and treadmill maker of misleading customers about the “ever-growing” size of its library of on-demand fitness classes, according to a report from Reuters.
Duluth Trading To Open Distribution Center In Adairsville, GA
Duluth Trading Company has committed to building a new distribution and fulfillment facility in Adairsville, GA, according to a statement from Georgia governor Brian P. Kemp.
SportChek Same-Store Sales Expand 4.1 Percent in Second Quarter
SportChek’s retail sales increased 0.6 percent in the second quarter, with comparable sales up 4.1 percent over the same period last year, according to its parent, Canadian Tire Corporation, Ltd.
Natural Fiber Welding Names New CFO
Natural Fiber Welding (NFW), the manufacturer of clean technology to increase the performance of plant-based textiles for the circular economy supporting the footwear industry, recently hired Rob Salter as CFO.
