March 07, 2017
Saying that there is more consolidation to come in sporting goods and that it wants to be sure it can continue to increase market share as that unfolds, Dick’s said on its earnings call that it has segmented vendors into three groups: Strategic partners, transactional partners and former vendors, which are the 20% of its vendor structure that will be eliminated from its merchandise mix.
In preparation for its pivot towards smartwatches, FIT said it was aligning the company into two divisions: Consumer Health and Fitness and Enterprise Health, with the former focused on consumer devices and the latter to grow its business with insurance companies, employers and the healthcare industry.
He’ll replace the current CFO Robin J. Stalker in the position on May 12, 2017, as Stalker has decided to retire after 16 years on the job.
FBI NICS background checks dropped again last month, falling 15% to 2,234,817 from 2,613,074 last year as demand for guns and ammunition has eased after the election.
Former COLM tech employee Michael Leeper accessed emails of senior executives there to steer business to his new employer, according to a story in The Oregonian.
Taking advantage of FOXF’s high-flying share price, CODI will sell its remaining 5,108,718 shares through a secondary offering underwritten by Bank of America Merrill Lynch.
L.L. Bean is recalling about 3,000 25”-30” Adventure Adjustable Snowshoes and packages because the plastic material on the snowshoes can weaken and break during use.