SGB Update Sportsmans
NRF Sees 2024 Holiday Selling Season Growth Lowest Since 2018
“Household finances are in good shape and an impetus for strong spending heading into the holiday season, though households will spend more cautiously.” – NRF Chief Economist Jack Kleinhenz.
Barrett Firearms Appoints Director of U.S. Government Sales
The company said Fraser has over two decades of experience in strategic international collaborations, project management and defense operations, having served in the Australian Army and, most recently, the U.S. Army HQ G8 Branch.
Sig Sauer Opens New Arkansas Ammo Center to Serve U.S. Army Joint Program Needs
The facility adds 210,000 additional square feet of manufacturing space to the Sig Sauer Ammunition campus supporting the U.S. Army’s next-gen squad weapons and the 6.8 Hybrid Ammunition family of products.
SDS Imports Rebrands as SDS Arms
The manufacturer of firearms and accessories in Knoxville, TN, and an import partner of Tisas USA, MAC, Inglis, and Spandau Arms, has rebranded to SDS Arms to help grow its sales and reach in the U.S. firearms market.
MGE Wholesale Adds to Growing Sales Team
Beyond direct firearm industry involvement, Warchus has also served as a reserve patrolman and armorer with the Portage, IN, police department.
TrueTimber Acquires Blizzard Buddy; Integrates Tech into Current Offerings
By joining with TrueTimber, Blizzard Buddy will have access to additional resources and a broader distribution network. The company said, “Customers can expect a seamless transition as TrueTimber and Blizzard Buddy integrate their operations.”
Report: Inflation Likely to Restrain Sales on Black Friday/Cyber Monday
A recent YouGov report report found that U.S. consumers expect to spend less during these iconic shopping days, with 27 percent planning to spend less and just 9 percent increasing their spend from last year.
Survey: Inflation a Top Concern for Holiday Shoppers
Manhattan Associates, Inc.’s 2024 Supply Chain Confidence Survey found that 85 percent of consumers cited inflation and increased prices as a top concern for how they will shop for the upcoming holiday season.
Iconic Vasque Brand Discontinued by Parent Red Wing
Red Wing Shoe Company issued a statement confirming that its Vasque outdoor boot brand is being discontinued.
Anderson Manufacturing Appoints Director of Marketing
Jennifer Tuttle has over 20 years of experience in the firearms and 2A space. She has previously held marketing roles at Sig Sauer Academy, Silencer Central, and Ballistic Advantage.
CNBC/NRF Retail Monitor Sees Consumers Pull Back Spending In September
Retail sales saw a slight month-over-month drop in September but consumers continued to spend more than last year as interest rates and inflation fell and employment rose, according to the CNBC/NRF Retail Monitor.
Outtech Appoints Regional Manager
Outtech hired Geoff Whited as its new regional manager for the independent channel. His territory includes New Mexico, Colorado, Nebraska, Kansas, and Oklahoma.
Reju Launches First Recycling Facility in Germany
Materials recycling company Reju, led by former Under Armour CEO Patrik Frisk, with offices in Europe and North America, has opened its Regeneration Hub in Frankfurt, Germany with expected deliveries to begin in 2025.
Sportsman’s Warehouse Hires VP of Performance Marketing
Ryan Carroll was appointed VP of performance marketing to lead brand management, creative strategy, trade marketing, integrated sales, and marketing planning.
Costco Comps Grow 8.9 Percent in September Ex-Fuel
Costco Wholesale Corporation reported net sales of $24.62 billion for the five weeks ended October 6, an increase of 9.0 percent from $22.59 billion last year.
