February 02, 2021
Three new lawsuits, two by individual shareholders and the other a putative class action, were filed in federal court in Los Angeles and New Jersey last month, adding to the first three actions filed in Dec.
NSSF-adjusted NICS FBI background checks started the New Year with a record for Jan. of 2,052,130, up 75% from 1,171,478, helped by some restocking by retailers which allowed a bit of pent-up demand to be realized.
The supplier of carbon composites to Adidas, DC Shoes and Scott Sports, among others, said that revenues soared 505% last year driven by the popularity of carbon fiber midsole plates, with 2021 bookings set to nearly double sales again.
The big-box golf retailer plans to open six more stores in 2021, aiming to reach 50 locations by the end of the year, and just opened a new door in Natick, MA.
Two large institutional DII shareholders, Letko, Brosseau & Associates and Brandes Investment Partners, said that Cerberus’ new offer of C$16.00 per share still significantly undervalues the company, Bloomberg reported.
The 515-door family footwear retailer hired Funko and Lowe’s veteran Molly Hartney as VP and chief marketing officer, succeeding Jan Mauldin who is retiring after nearly 20 years with Rack Room.
The five-door New England retailer is suing Canadian Footwear, Ltd., asking for a declaratory judgment of non-infringement over the use of the phrase “We Fit You Best.”