SGB Update Sportsmans
Unsecured Creditors Seek Speedy Sports Authority Liquidation
The Unsecured Creditors Committee in the Sports Authority bankruptcy case is requesting that the case be converted from a Chapter 11 proceeding to a Chapter 7 case.
OIA Reacts to Republican Platform
Outdoor Industry Association released a letter it sent to the Republic Party opposing its support for turning certain federal lands over to the states.
Dick’s SG Sets Grand Re-Opening for Bloomington Store
Dick’s Sporting Goods will be opening its relocated store on Saturday, August 13 at Colonial Plaza in Bloomington, IL
RECALL: 7,600 GSI Outdoor Kid’s Water Bottles
GSI Outdoors Inc.
is recalling 6,700 kid’s water bottles sold exclusively by L.L.Bean because solder on their exterior contains high levels of lead.
RECALL: 1,400 Crossman Centerpoint 370 Crossbows
Crosman Corporation recalled about 1,400 Centerpoint Sniper 370 crossbows because a part can break and cause a sudden recoil that can result in injury.
US Retail Bankruptcies Weigh on Thule
Thule Group reported its net sales grew just 0.5 percent in the Americas in the second quarter as the liquidation of Sports Authority and Sport Chalet depressed the overall market.
Report: Sports Authority Accelerates Store Closings
Sports Authority is looking to liquidate and close the majority of its stores by the close of July instead of by the end of August, according to a report in the Wall Street Journal.
Gander Mountain Partners with NRA
Leading specialty outdoor retailer to sell discounted NRA Memberships in Minnesota, Wisconsin and North Dakota, with national rollout in September 2016.
Amazon to Add Another Fulfillment Center
Amazon.com Inc. announced plans to open a fulfillment center in Sacramento that will be its tenth in California and fourth announced for the state in four months.
Gander Mountain Begins Selling Discounted NRA Memberships
Gander Mountain has begun selling discounted National Rifle Association memberships at its stores in Minnesota, Wisconsin and North Dakota and will offer the service nationwide in September.
Sportsman’s Warehouse to Hold Grand Opening in Roseburg, OR
Sportsman’s Warehouse is expanding its operations to include a new retail location in Roseburg, Oregon.
ICSC Survey: BTS Sales Expected to Climb
The International Council of Shopping Centers (ICSC)’s annual back-to-school survey shows 78 percent of BTS shoppers expect to spend more this year, a significant increase compared with those who planned to do the same in 2015.
Smith & Wesson to Acquire Taylor Brands
Smith & Wesson Holding Corp. signed a definitive agreement to purchase substantially all of the assets of Taylor Brands, LLC, the supplier of knives and specialty tools, for $85.0 million.
Retail Sales Climb in June
Retail sales (excluding automobiles, gasoline stations and restaurants) continued to grow in June and were up 5.1 percent year-over-year, the National Retail Federation said today. Retail sales rose 0.8 percent unadjusted over May, according to NRF’s calculations.
Johnson Outdoor Takes Another Best in Show at ICAST
Johnson Outdoors Inc. and its Minn Kota Ultrex were voted as the best product in both the Boat Accessories category and the overall “Best of Show” at the 59th ICAST show in Orlando
