SGB Update

NRF Report: Economic Growth Likely To Continue

Coming up on two years since the 2020 recession, the U.S. appears to be at the midpoint of an economic cycle that could continue to see growth even as the Fed raises interest rates to bring inflation under control, NRF Chief Economist Jack Kleinhenz said.

RunSignup RaceTrends Report Shows 21.6 Percent Growth

RunSignup released its Annual RaceTrends Report that showed participation in endurance events on its platform in 2020 and 2021 had an average growth rate of 21.6 percent; however, participation was down from the pre-pandemic year.

PGA Tour Superstore To Open Eight Stores In 2022

PGA Tour Superstore said it reached its 50-store milestone in 2021 and plans to open at least eight new stores in 2022. The expansion plan comes as the retailer said it recorded record sales growth in fiscal 2021 while continuing to gain market share.

True Fit Appoints CTO And General Counsel

True Fit announced the appointment of Raj Chandrasekaran, as its chief technology officer (CTO), and privacy expert Tracy Gray, as general counsel. 

Earth Shoes Appoints New CEO

Earth Shoes has appointed Alison Bergen, formerly CEO of Aerosoles, as CEO. She takes over day-to-day leadership from former president Mark Parsley, who has left the company. 

Black Creek Outfitters Is Closing

Black Creek Outfitters, the specialty outdoor retail for nearly 40 years, announced it is closing its store in conjunction with the sale of its lakeside retail property.