SGB Update Sportsmans
Dick’s Pledges More Than $5.5 Million Towards Hurricane Relief Efforts
Dick’s Sporting Goods, along with The Dick’s Sporting Goods Foundation, announced a $5.5 million commitment to support communities impacted by Hurricanes Harvey and Irma.
Cabela’s-Bass Pro Merger To Close September 25
Cabela’s Inc. said in a regulatory filing that it expects to to complete its merger with Bass Pro on September 25.
American Knife & Tool Institute Introduces Freedom Of Commerce Act
The American Knife & Tool Institute (AKTI) and Senator Mike Crapo announced the introduction of the Freedom of Commerce Act, legislation that will repeal the Federal Switchblade Act of 1958 (15 U.S.C. § 1241 – 1244) and allow consumers to purchase any automatic knife legal in their state, regardless of where it was manufactured.
Nikwax Awards KNS Reps Agency Of The Year
Nikwax named KNS Reps as its Agency of the Year. KNS has represented Nikwax in the Rocky Mountain region for multiple years.
American Outdoor Brands Sees Steep Q1 Sales Decline
American Outdoor Brands, formerly Smith & Wesson, reported a loss in the first quarter ended July 31 on a 37.7 percent drop in sales.
Synovus Receives Regulatory Approval To Complete Cabela’s Transaction
Synovus Bank, a wholly-owned subsidiary of Synovus Financial Corp., said it received regulatory approval from the Board of Governors of the Federal Reserve System to acquire certain assets and assume certain liabilities of World’s Foremost Bank (WFB), the credit card operation of Cabela’s Inc.
NRF Lowers 2017 Forecast Following Government Data Revision
The National Retail Federation adjusted its forecast for retail sales for 2017, saying sales are now expected to increase between 3.2 percent and 3.8 percent rather than the 3.7 to 4.2 percent forecast earlier this year.
Dick’s SG Announces Grand Opening Of 10 New Stores In Six States
Dick’s Sporting Goods will be opening eight new Dick’s Sporting Goods stores and two new Field & Stream stores in the first half of September.
Academy Providing More Than $2.5 Million In Hurricane Harvey Aid
The donations include up to $1.5 million in direct financial assistance for immediate relief to those who were affected by Hurricane Harvey, including many team members and their families, as well as numerous supplier contributions in excess of $1 million.
Crosman Corp. Appoints VP Of Finance
Crosman Corporation, the manufacturer of airguns, archery products, optics, laser gun sights and related accessories, announced the hiring of Dan Maier as vice president of finance.
KL Outdoor/GSC Technologies Land New Headquarters In Muskegon
New Water Capital portfolio company KL Outdoor/GSC Technologies will base its corporate and manufacturing operations in Muskegon, generating 153 jobs and a total $9.2 million in new investment in the region.
Academy Sports Taking Leading Role In Harvey Recovery Efforts
Academy Sports + Outdoors, based in the Houston area, has reopened most of its stores impacted by Hurricane Harvey and has stepped up to play a major role in recovery efforts.
Big Rock Sports Acquires Redl Sports Distributors
Big Rock Sports, based in Graham, NC, announced the acquisition of Redl Sports Distributors, Ltd., the Canadian fishing, hunting, shooting sports and camping wholesale distributor based in Pitt Meadows, BC, from its parent company Maurice Sporting Goods.
NSSF Offers Assistance To Firearms Companies Affected By Hurricane Harvey
The National Shooting Sports Foundation will make available disaster relief funds to help its members whose businesses have been impacted by the ongoing destruction wrought by Hurricane Harvey.
NSSF Welcomes New Member, Retailer Services Department Heads
The National Shooting Sports Foundation, the trade association for the firearms industry, stated that Mike Vrooman has joined the staff as its managing director, Member Services, and John McNamara has signed on as the organization’s new senior director, Retailer Services.
