SGB Update Sports & Fitness

REI Co-op Appoints SVP, Chief Technology Officer

Guillaume Ledieu succeeds Dan Shull, who will depart REI on July 12 for a new opportunity. Guillaume joined the co-op in 2023 as VP of foundation technology and has already had an incredible impact in his short time working for the company.

Locally Names First Chief Marketing Officer

Karen Sage joins the company as CMO to further fuel Locally’s expansion as it marks a 12-month growth trajectory to over $1.8 billion in retail referral sales.

Macy’s, Inc. Appoints New Chief Information Officer

Keith Credendino, who is currently SVP of technology product development, customer experience, will succeed the retiring Laura Miller as CIO, effective August 4, and join the company’s Corporate Strategy Group.

MSG Sports Names Chief Operating Officer 

Before joining Madison Square Gardens Corp. in 2008, Jamal Lesane worked as an associate counsel at HBO, providing legal support and counsel to HBO Sports and HBO Licensing and Retail. Before that, he was a corporate lawyer at Covington and Burling LLP. He received his J.D. from Harvard Law School.

Target Will Stop Accepting Checks at Checkout

Target announced on Tuesday, July 9, that, as of July 15, it will no longer accept personal checks from customers at the time of checkout. The retailer confirmed its decision with the Associated Press, citing “extremely low volumes” of customers who pay by check.

NRF: Consumers Face ‘Critical Moment’ Waiting on Fed

National Retail Federation Chief Economist Jack Kleinhenz said the Fed must balance using high interest rates to reduce inflation with the risk that keeping rates too high for too long could slow the economy to the point of recession.

GameAbove Sports Acquires Fourth Founding Big3 Expansion Team

GameAbove Sports announcement follows the purchase of rights to the LA, Miami and Houston Big3 franchises earlier this year. The league is in the fifth week of Big3’s seventh season, which continues to tour nationwide via linear, streaming and digital platforms.