SGB Update

Super Shoes Closes Store In Pennsylvania

Super Shoes has closed its location on Philadelphia Street in Indiana, PA. The chain continues to operate 41 stores in the Northeastern and Mid-Atlantic states as well as Supershoes.com.

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.

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.

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.