SGB Update Sports & Fitness
Academy Sports Outlines Coronavirus Response To Customers
In a letter to customers, Ken Hicks, Academy Sports’ chairman, president, and CEO, announced a number of precautions the chain is taking in response to coronavirus. He wrote in part, “We are fortunate that we currently have no reported team member or customer cases and our stores and facilities remain open for business.”
Dick’s Reduces Store Hours And Closes 10 Stores In Response To Coronavirus
Dick’s Sporting Goods said that as of March 17 it will be closing 10 stores and reducing daily hours across the chain due to the coronavirus outbreak. The revised store hours include 11:00 a.m. to 8:00 p.m. on weekdays.
Little League Recommends Temporary Suspension
Little League International, in a statement, said it was recommending delaying the implementation of the Little League season to begin no earlier April 6.
Modell’s Gains Court Approval For GOB Sales
Modell’s Sporting Goods, which filed for Chapter 11 bankruptcy protection on March 11, won court approval to begin liquidation sales on its remaining 141 stores despite concerns from landlords.
Under Armour To Shut Doors To Combat Virus
Under Armour announced it will close all 188 of its company stores in North America from March 16 through March 28 as a precaution amid the global spread of coronavirus.
VF Corp. To Shutter Stores Through April 5
In response to the global COVID-19 coronavirus outbreak, VF Corporation announced the temporary closure of all owned retail stores across North America, effective March 16 through April 5.
Brad Weston Becomes Party City’s CEO
Party City Holdco Inc. said Brad Weston, who was SVP and chief merchandiser at Dick’s Sporting Goods from 2006 to 2011, has been appointed CEO of Party City Holdco Inc.
SFIA, NFHS, NCAA Team Sports Rules & Management Conference Postponed
The SFIA, NFHS and NCAA have decided to postpone the annual Team Sports Rules & Management Conference, scheduled to take place in Indianapolis on April 13 to 14, 2020 due to the coronavirus.
Fanatics Partners With Inter Miami CF
Inter Miami CF, Major League Soccer’s (MLS) new South Florida expansion franchise, and Fanatics announced a new, long-term, omnichannel retail partnership.
Running Races Suspended Or Cancelled
The NYC Half Marathon and New Balance Indoor Nationals, both scheduled for this weekend, have been canceled while the Spartan Race in San Luis Obispo, CA, also set to take place this weekend, has been postponed.
Coronavirus Has Disrupted Supply Chains For Nearly 75 Percent Of U.S. Companies
According to a survey from the Institute for Supply Management (ISM), nearly 75 percent of companies report supply chain disruptions in some capacity due to coronavirus-related transportation restrictions, and more than 80 percent believe that their organization will experience some impact because of COVID-19 disruptions.
Hibbett Announces Departure of Cathy Pryor As SVP Operations
Hibbett Sports Inc. announced the departure of Cathy Pryor as senior vice president of operations and the promotion of Benjamin Knighten to senior vice president of operations.
Canadian Tire Appoints New CEO
Canadian Tire Corporation Ltd., the parent of SportChek and Helly Hansen, appointed Greg Hicks as president and chief executive officer of Canadian Tire Corporation.
Modell’s Files For Bankruptcy, Plans To Liquidate
Modell’s Sporting Goods filed for Chapter 11 bankruptcy protection in New Jersey. The family-owned retail chain will begin liquidation sales in all stores and plans to continue its online sales during the process.
