SGB Update Sportsmans
Good Sportsman Marketing Sold To Sentinel Capital Partners
Huron Capital announced the company has sold the company’s controlling interest in Good Sportsman Marketing LLC (GSM) to Sentinel Capital Partners after successfully growing the business through expanded distribution, new product introductions, and multiple add-on acquisitions.
NRF: Retail Imports To Hit Record Numbers This Summer
Imports at the nation’s major retail container ports are expected to set record numbers this summer and fall even as the debate over trade and tariffs continues in Washington, according to the monthly Global Port Tracker report released Thursday by the National Retail Federation and Hackett Associates.
NRF/University Of Florida Survey: Retail ‘Shrink’ Decreased In 2017
Thefts, fraud and losses from other retail “shrink” decreased to $46.8 billion in 2017 from $48.9 billion the year before as shoplifting and organized retail crime continued to be the leading causes, according to the annual National Retail Security Survey released Wednesday by the National Retail Federation and the University of Florida.
Gander Outdoors Sets Grand Opening Events For Four Stores
Gander Outdoors, formerly known as Gander Mountain, set grand openings for stores in Michigan, Illinois, Michigan and Ohio.
Firearms Background Checks Fall In May
The May 2018 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 904,834 is a decrease of 8.5 percent compared to the May 2017 figure.
Bear Archery Appoints Marketing Manager
Bear Archery announced the hiring of Jack Borcherding, formerly at Cabela’s, to serve as marketing manager.
May Retail Jobs See Huge Year-Over-Year Increase
The retail industry employment increased by 28,800 jobs seasonally adjusted in May over April and 100,200 jobs unadjusted year-over-year, the National Retail Federation said Friday.
Gander Outdoors Sets Grand Opening For Mooresville
The 67,000 square foot location is one of the retailer’s six planned facilities in North Carolina.
IGFA Announces 2018 Tommy Gifford Award Winners
The International Game Fish Association (IGFA) on Wednesday announced the 2018 Tommy Gifford Award winners in recognition of their significant contributions to recreational angling as captains, guides or crew.
Dick’s Raises Guidance After Robust Q1
Dick’s Sporting Goods Inc. raised the company’s outlook for the year after reporting first-quarter earnings that came in well above Wall Street’s consensus target. Same-store sales dipped 2.5 percent.
Secretary Zinke Announces Members Of The Hunting And Shooting Sports Conservation Council
U.S. Secretary of the Interior Ryan Zinke announced the newly appointed members of the Hunting and Shooting Sports Conservation Council.
Bushnell Adds Competitive Shooter Tiffany Piper
Bushnell, the maker of high-performance optics, announced the signing of Tiffany Piper to Bushnell’s ambassador/shooting Team.
T-H Marine Acquires Blue Water LED Assets
T-H Marine Supplies, Inc., of Huntsville, AL, announced the acquisition of the assets of Blue Water LED Enterprises, LLC (Blue Water) of Lawrenceburg, KY.
Sportsman’s Warehouse’s Q1 Comps Climb 3.4 Percent
Sportsman’s Warehouse widened the company’s loss slightly in the first quarter, but both the loss and sales came in at the high end of expectations. Same-store sales were up 3.4 percent in the quarter ended May 5.
Sportsman’s Warehouse Amends Revolving Credit Facility And Refinances Term Loan
Sportsman’s Warehouse Holdings Inc. announced that, on May 23, 2018, the company amended an existing credit agreement to increase the borrowing capacity under the company’s existing revolving credit facility by $100 million to $250 million, subject to a borrowing base calculation, and to provide for a new $40 million term loan.
