Planet Fitness Sees Q2 Same-Store Sales Jump 13.6 Percent
Planet Fitness, Inc. reported earnings bounced back in the second quarter ended June 30 as system-wide same-store sales increased 13.6 percent.
Topgolf Readies Knoxville Opening
Topgolf Entertainment Group will open its 79th global venue in Knoxville, TN, on August 12.
Imports Slowing In Second Half, But 2022 Should See Gain Over 2021
After a record-setting spring, imports are expected to slow down at major U.S. container ports for the remainder of the year, but there will be a net gain over 2021, according to the Monthly Global Port Tracker Report* released by the National Retail Federation and Hackett Associates.
Nautilus Elects Board Chair
Nautilus Inc. announced that current board member Anne Saunders was elected as board chair, effective August 2. The board confirmed the Saunders appointment after its Annual Shareholders meeting last Tuesday.
Mayfly Outdoors Names CEO And President
Mayfly Outdoors, best known for its fly fishing brands Abel, Ross Reels and Airflo, hired Jeff Wagner as CEO and president.
Chattanooga Shooting Supplies Increases Sales Staff
Chattanooga Shooting Supplies increased its sales department with the hiring of Brenda Bohot, Chandler Gillis, Daniel Disney, Misti Moore, and Scott Patrick.
Emerald Holding’s Q2 Sales Recover
Emerald Holding, Inc., the operator of trade show, reported a loss in the second quarter ended June 30 but sales bounced back as the company was able to hold 29 in-person trade shows, conferences and other events during the quarter.
Beachbody’s Q2 Sales Drop 20 Percent
The Beachbody Company, Inc. reported a net loss in the second quarter as sales declined 20 percent year-over-year. Total subscriptions were down 18 percent year-over-year but ahead 26 percent against the pre-COVID 2019 quarter.
American Outdoor Brands Appoints Independent Director
Bradley T. Favreau was appointed an independent director to American Outdoor Brand, Inc.’s Board of Directors immediately, with his term expiring at the Company’s 2023 Annual Meeting of Stockholders.
Allbirds Slashes Guidance For Year On Softening Consumer Spending
Allbirds reported sales and earnings exceeded guidance in the second quarte,r but the footwear maker reduced its guidance for the year due to weakened consumer trends in the U.S. It also announced a series of Simplification Initiatives focused on automating and expanding its supply chain and streamlining its operating structure.
Moncler’s Sales Expand 48 Percent In First Half
Moncler S.p.A reported sales grew 48 percent in the first half, boosted by double-digit growth for the Moncler brand and the acquisition of Stone Island.
Forrester Sees U.S. Online Retail Spending Reaching $1.6 Trillion By 2027
In 2021, U.S. total retail sales, excluding auto and gas, reached a record high of $4.3 trillion, driven by U.S. consumers’ accumulated savings in 2020 and the stimulus checks that they received from the government. By 2027, Forrester expects total U.S. retail sales to reach $5.5 trillion and U.S. online retail sales to reach $1.6 trillion.
MidwayUSA Announces Merchandising Manager, Optics
MidwayUSA’s Matt Frevert was promoted to merchandising manager, Optics.
MidwayUSA Adds Merchandising Manager, Clothing And Footwear
MidwayUSA’s Matt Quintero received a promotion to merchandising manager, clothing and footwear.
Lids Announces Retail Partnership With Topps
Lids announced a new retail distribution partnership with the card company. Lids will now sell Topps’ various trading card products in select Lids retail stores throughout the U.S.
