September 21, 2017
With the economy strong and consumer confidence high, economists are looking for as much as a 4-4.5% increase in Holiday spending in 2017. Deloitte said retail sales excluding autos and gasoline for Dec. will hit $1.04-1.05 trillion with e-commerce sales rising 18-21% to $111-114 billion.
Noting that DTC accounted for one third of all sales but 70% of last FY’s growth, the Eager Beavertons left no doubt that this is the main focus inside the Berm with a major emphasis on its digital platforms for its stores, e-commerce business and apps.
Net income was £24,252,000 ($31.0 million) against a loss of £957,000 in its fiscal Q4 ended Jun. 30 as sales surged 31% to £175,936,000 ($225.0 million) from £134,575,000 last year.
The company will rename 100 stores of its various banners across the U.S. as Johnson Fitness and Wellness, promoting a unified brand identity for the exercise equipment company.
Sig Sauer is recalling the SIG716 DMR, SIG516 Carbon Fiber and SIGM400 Predator models because their two-stage trigger may have an improperly heat-treated hammer.