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Tuesday, July 27, 2021
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L.L. Bean to Open Toronto Store

Following the announcement of brick-and-mortar expansion in Canada earlier this year, legacy outdoor brand L.L.Bean will open the doors to its fourth store in...

Backcountry.com Partners with Pay-Later Service

Payment service provider Klarna has been enlisted by Backcountry.com to offer its customers flexible buy now, pay later solutions. Backcountry.com’s community of athletes and...

U.S. Ecommerce Growth Up 30% for 2020

The pandemic is accelerating ecommerce growth in the U.S. to the point where online sales reached a level not previously expected until 2022. According...

Dick’s to Hire 9,000 Seasonal Workers

Dick’s Sporting Goods said on Thursday it will hire up to 9,000 workers to cover the holiday season in its stores, 1,000 more than...

DOI Finalizes eBike Regulations for Public Lands

The Department of the Interior has finalized electric bike (or e-bike) regulations that pave the way for land managers to provide e-bike access to...

BOA Technology Acquired for $450M

Boa Technology, the Denver-based company that invented an alternative to shoelaces, is being sold for $454 million to Compass Diversified, a publicly traded company that...

Dermatone Sold to Penfield Marketing Group

Beaumont Products announced today that Penfield Marketing Group has signed a definitive agreement to purchase Dermatone, a leading suncare and lip care brand for...

August Retail Sales Grow as Recovery Continues

Retail sales continued to recover from the coronavirus pandemic in August, showing a gradual improvement from July and larger gains year-over-year, the National Retail...

REI Sells Unused Washington Headquarters to Facebook

In an apparent embrace of the trend toward remote and at-home work, REI Co-op announced last month that it was looking to sell its...

Imports Spike as Retailers Stock Up for Holidays

Imports surged to unexpected high levels this summer and may have hit a new record as the U.S. economy continues to reopen and retailers...

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