Sensormatic: Black Friday In-Store Traffic Down Sharply From Pre-Pandemic Levels
In-store traffic at U.S. brick-and-mortar retail stores and shopping centers was down 28.3 percent on Black Friday, November 26, compared to 2019, the last pre-pandemic year, but showed a 47.5 percent rebound compared to 2020, according to Sensormatic Solutions.
Amazon Physical Retail VP Exits
Cameron Janes, who most recently oversaw Amazon’s physical retail division, has left Amazon after more than 14 years.
Peloton Sues Lululemon Over Patent Infringement Claims
Peloton filed a lawsuit against Lululemon after Lululemon threatened to sue the connected fitness leader over its new apparel line.
Neiman Marcus Announces Executive Appointments
Neiman Marcus Group announced three executive appointments and role expansions to support the luxury retailer’s continued transformation.
Target Makes Thanksgiving Store Closures Permanent
Target will no longer open its stores on Thanksgiving Day, making a permanent shift to the unofficial start of the holiday season that was suspended during the pandemic.
Canada Goose Names President, Asia-Pacific
Canada Goose announced the appointment of Paul Cadman as President, Asia-Pacific (APAC). His past experience includes roles at Salvatore Ferragamo, Asprey & Garrard, Bvlgari, and Estée Lauder.
S&S Activewear Completes Acquisition Of TSC Apparel
S&S Activewear, based in Bolingbrook, IL, has completed its acquisition of competitor TSC Apparel, the parent of Tultex.
Puma North America Raises Hourly Wage for Retail Employees
Puma announced that it will raise its minimum wage for Puma North America and Puma Canada retail employees to $15 per hour, effective November 29.
Nike Veteran Lobbyist To Retire
Julia Brim-Edwards, senior director Nike GPA Global Enterprise Initiatives and WHQ Region, is leaving the company after 17 years, according to The Oregonian.
Rossignol Sells Felt Bicycles To Pierer Mobility
Rossignol has sold Felt Bicycles to Pierer Mobility, the owners of KTM motorcycles.
Recall: Olympic Dumbbell Handles
About 77,200 Olympic Dumbbell Handles sold at Dick’s Sporting Goods are being recalled.
Athleta’s Q3 Revenues Climb Two Percent
Gap Inc. reported comparable sales at its Athleta chain increased 2 percent year-over-year and 41 percent versus 2019. Companywide, Gap slashed its full-year guidance due to shipment delays.
Nordstrom Misses Wall Street’s EPS Targets
Nordstrom Inc. reported third-quarter earnings exceeded year-ago levels but came in short of analysts’ estimates. The upscale retailer reiterated its outlook for the year as Nordstrom banner sales returned to 2019 levels.
Slinger Enters Poland With New Distribution Agreement
Slinger Bag announced the latest distribution agreement with Framework Sports to bring its Slinger Bag into Poland.
Primary Arms Appoints CFO
Primary Arms has announced the appointment of Matthew Do to chief financial officer.
