The Minds Behind Stuffed Crust and Toasted Subs Tackle Sports Bars
Sports bars are both ubiquitous and one of the most difficult concepts to replicate. There are thousands of one-off sports bars in the country, but sports bar chains…
Retail
Pistons’ Malcolm X Merch Release a Rare Venture for His Estate
The Detroit Pistons are offering a new retail collection made in collaboration with the Malcolm X estate to pay homage to the civil rights activist, who would have…
Exclusive
Fanatics Sales Hit $8.1B Amid Push Into Betting, Collectibles
Sports gear and collectibles giant Fanatics said its revenue grew 15% in 2024 to $8.1 billion as retail and trading cards showed particular strength for the…
REI Lays Off More than 300 Employees, Warns of Rocky 2024
REI is the latest company to announce significant workforce reductions this year, according to Footwear News. CEO Eric Artz notified employees in a Jan. 25 letter…
Clippers CFO Eric Chan Jumps to New Role at Retailer Gap
Eric Chan, who has served as the chief financial officer of the L.A. Clippers the past six years, has left the team to join retailer Gap in a new role as chief business…
Golf E-tailers Go From Virtual to Actual to Stay Ahead of COVID Boom
On a walk through SoHo a few years ago, Brad King kept asking himself one question: How are all these small brands able to maintain stores in one of New York City’s…
Nike Debuts New Style Concept Shop in Seoul Featuring Content Studio
Nike opened a new retail concept shop in Seoul, South Korea, on Friday. According to the Beaverton, Ore.-based athletic brand, the new “Nike Style” store serves as…
Nike, Under Armour and More Retail Companies Are Halting Sales in Russia
The conflict between Russia and Ukraine is prompting some retail companies to take action, Footwear News reports. Earlier this week, Adidas said it was suspending its…
Exclusive
Dick’s Sporting Goods Invests $12.5 Million in Black Economic Development Fund
Dick’s Sporting Goods is investing $12.5 million in the Black Economic Development Fund, an initiative to fuel minority lenders, anchor institutions and businesses as…
COVID-19 Offers Under Armour, Other Brands “Once in a Lifetime Opportunity” to Reset
The COVID-19 pandemic has exacerbated the widely held notion that retail is dying. But BMO Capital Markets senior retail and e-commerce analyst Simeon Siegel argues the…
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