SGB Update Sports & Fitness

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.

Omni Hires Product Development & Merchandising Chief for Bodybuilding.com
Steve Marada will reportedly manage the rebuilding of Bodybuilding.com. He has a history of leading and executing strategic business plans that create and refresh health and wellness brands.

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.

Garmin Releases Cycling Activity Report for Garmin Connect Community
Based on the data compiled by Garmin over the last 12 months, cycling activities have increased seven percent for consumers that are part of the Garmin Connect community of cyclists and who logged their miles on Garmin Edge cycling computers.

Life Time Transforms Harbour Island Athletic Club in Tampa
Life Time Harbour Island spans nearly 6.5 acres. Following a multi-million-dollar renovation, the company transformed the space into a luxury athletic and social venue.

NRF: Inbound Cargo Volume Forecasted to Grow 14.4 Percent for 2024 First Half
Importers are looking at issues including high shipping rates, unresolved port labor negotiations and continuing capacity and congestion issues from the ongoing disruptions in the Red Sea.

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.

Pickleball Kingdom to Open 30 New Locations in North Carolina
Spearheaded by franchisees Sanjay and Dhaval Patel of Pickleball X Equity, they plan to launch 30 new indoor pickleball clubs in the North Carolina with more locations coming outside the state.

Nordstrom to Open a New Rack Store in Coral Springs, FL
The new Nordstrom Rack in Coral Springs, FL, is expected to open in fall 2025. The 31,000-square-foot store will be located in Pine Ridge Square, a popular shopping center.

GoPro, Inc. Partners with Softbank Subsidiary for Japan Distribution
The new distribution partnership with SoftBank Group’s SB C&S Corporation in Japan will expand GoPro product sales through one of the largest sales networks in the region.

International Golf Federation Enters Partnership with TMRW Sports
Founded by Tiger Woods, Rory McIlroy and sports executive Mike McCarley, TMRW Sports announced a strategic partnership withh the International Golf Federationfocused on harnessing technology to increase golf participation.

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.

NSGA: Former Board Chairman and Source for Sports Founder Al Anderson Passes Away
Al Anderson, the only Canadian to serve as Board chairman of the National Sporting Goods Association (NSGA), passed away on July 2. He was 92.

Lifetime Products CEO Richard Hendrickson Killed in Family Car Accident
The accident also claimed the life of his daughter Sally. Richard’s wife and two of their other children sustained non-life-threatening injuries in the accident. Another daughter was traveling overseas and was not in the vehicle.