SGB Update Sportsmans
Sportsman’s Warehouse Names New CEO
Sportsman’s Warehouse Holdings, Inc. appointed Paul Stone, a former executive at Cabela’s, as chief executive officer and president, effective November 1.
U.S. Consumer Confidence Slides to Four Month Low
The Conference Board’s Consumer Confidence Index dropped to a four-month low in September, weighed down by rising interest rates, still-high inflation and a stalemate over the federal budget in Washington.
Target Closing Nine Stores in Four Markets Due to Theft, Safety Concerns
Target said in a statement it is closing nine stores in four states, including one in East Harlem, NY, three in San Francisco, two in Portland, OR and two in Seattle, WA, suggesting that theft and organized retail crime have threatened the safety of its employees and customers.
Bote Opens Sixth Florida Retail Store
The brand opened its newest store in Jacksonville, FL, joining other Florida shops in Destin, Fort Lauderdale, Fort Walton Beach, Grayton Beach, and St. Petersburg.
RV Industry Association Sees Moderating Shipments Decline in August
The trade association’s August 2023 survey of manufacturers found that total RV shipments ended the month with 28,071 units, a decrease of 16.9 percent, and down 45.0 percent year-to-date.
Surf Hardware International Relocates Global Headquarters
Surf Hardware International relocated its global headquarters to Australia’s Coffs Harbour and is trading under the name of Gowings Pacific Trader.
Arcus Hunting Hires VP Sales, Director of Sales and Category Manager
Arcus Hunting, LLC hired Cory Utley as vice president of sales, leading sales and customer service. Ryan Ripp was hired as director of sales, managing key regions and accounts. Bill Wilson was hired to lead the product team as category manager.
AirForce Airguns Secures New Rep Group for Central U.S. States
AirForce Airguns tapped Tim Bailey and Associates for new sales representation in the central U.S., including Texas, Arkansas, Louisiana, Oklahoma, Minnesota, Wisconsin, Illinois, North Dakota and South Dakota.
Survey Finds 92 Percent of Consumers Cut Spending This Year; Apparel Tops Cuts
A recent CNBC-Morning Consult survey found that 92 percent of U.S. adults reduced their spending over the past six months, and the majority expect to remain frugal through the 2023 holiday shopping season.
Fieldsheer Appoints Midwest RSM for Mobile Warming Brand
Travis Mayne is responsible for handling territory account management, developing go-to-market strategies and increasing sales in commercial and consumer markets.
Blue Compass RV Kicks Off Rebranding Effort in Tampa, Northeast U.S.
Blue Compass RV celebrated its rebrand with a series of store transitions throughout 2023, kicking off with the rebrand of Blue Compass RV Tampa, previously RV One Superstores Tampa.
Bass Pro Shops Sets New Location in Tucson, AZ
The new retail store will be located off I-10 as an anchor of Marketplace at the Bridges.
Decked Adds Active Lifestyle Industry Vet to Lead Sales Effort
Wanda Rozwadowska brings 13 years of sales and marketing experience in the outdoor, sports and active lifestyle industries to drive the brand’s next phase of growth and product launches.
Smith & Wesson Sets Stock Repurchase Program
Smith & Wesson Brands, Inc. announced that its Board of Directors has authorized the repurchase of up to $50 million of the company’s common stock through September 19, 2024.
Colt CZ Sees Q2 Revenues Climb 10 Percent
Colt CZ Group reported sales climbed 10.1 percent in the second quarter but were still off 2.7 percent in the half. Operating earnings on an adjusted basis fell 18.4 percent in the half. The Czech Republic firearms giant lifted its guidance for the year.
