Merchandising

Sportsman's Warehouse Holdings, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Wednesday, April 3, 2024

Same store sales decreased 12.8% on a 13-week comparable basis, compared with the prior year fourth quarter.

Key Points: 
  • Same store sales decreased 12.8% on a 13-week comparable basis, compared with the prior year fourth quarter.
  • Net loss was $(8.7) million, compared to net income of $11.0 million in the fourth quarter of fiscal year 2022.
  • Adjusted net loss was $(7.5) million compared to adjusted net income of $12.7 million in the fourth quarter of fiscal year 2022 (see “GAAP and Non-GAAP Measures”).
  • Same store sales decreased 14.4% during fiscal year 2023 compared to fiscal year 2022, excluding the extra week of sales in fiscal 2023.

Parks! America Needs Experienced Operators; Lisa Brady, the Current CEO, Isn’t One, states Focused Compounding Fund, L.P. in Open Letter

Retrieved on: 
Tuesday, April 2, 2024

DALLAS, April 02, 2024 (GLOBE NEWSWIRE) -- Focused Compounding Fund, L.P. (“Focused Compounding”) raises concerns about Parks! America, Inc.’s (OTCPink: PRKA) (“Parks! America” or the “Company”) Chief Executive Officer, Lisa Brady, and her lack of operational skills in an open letter to the Parks! America’s Board of Directors, and advises stockholders that they have a choice on the future direction of the Company at the Company’s annual meeting scheduled for June 6, 2024. Focused Compounding urges stockholders to vote for Focused Compounding’s nominated director candidates. The full text of the letter follows.

Key Points: 
  • America” or the “Company”) Chief Executive Officer, Lisa Brady, and her lack of operational skills in an open letter to the Parks!
  • Why are Focused Compounding (long a passive and supportive stockholder) and this Board fighting such a vicious fight over Parks!
  • Lisa was snuck in the back door as a director (not a manager) long after Focused Compounding bought 17% of the Company.
  • The break between Focused Compounding and the current board began when Dale (an experienced operator) was maneuvered out as CEO and Lisa (a non-operator) was chosen as CEO.

Coveo Introduces Two New Groundbreaking GenAI Business Applications and 15+ AI Innovations in the New Coveo Spring Release

Retrieved on: 
Thursday, March 28, 2024

Coveo also announced more than 15 additional enhancements to the Coveo AI PlatformTM .

Key Points: 
  • Coveo also announced more than 15 additional enhancements to the Coveo AI PlatformTM .
  • Last year, Coveo launched Relevance Generative Answering for self-service and commerce use cases, and it's already delivering significant results for early adopters.
  • Today, adding to the breadth of Coveo’s GenAI offering, Relevance Generative Answering supports the agent and in-app search experiences with additional enhancements.
  • Want to dig deeper and achieve an AI-Experience Advantage with the latest innovations from Coveo?

Royal Farms Announces Exclusive Gas Discount for ROFO Pay Members

Retrieved on: 
Tuesday, March 26, 2024

Starting April 1, 2024, through June 30th, 2024, all ROFO Pay members will receive an exclusive discount of 15 cents off per gallon of gas at all Royal Farms locations.

Key Points: 
  • Starting April 1, 2024, through June 30th, 2024, all ROFO Pay members will receive an exclusive discount of 15 cents off per gallon of gas at all Royal Farms locations.
  • To take advantage of this discount, ROFO Rewards members must be enrolled in ROFO Pay, the company's innovative payment solution that offers a seamless and secure way to pay for fuel at all Royal Farms stores.
  • "We are pleased to offer this exclusive gas discount to our valued ROFO Pay members," said Frank Schilling, Director of Marketing and Merchandising at Royal Farms.
  • To upgrade to ROFO Pay, visit any Royal Farms location to pick up a ROFO Pay card and download the Royal Farms mobile app from the App Store or Google Play Store or visit here: https://engagement.punchh.com/b/royalfarms .

PARTY CITY PLANS GRAND RE-OPENING CELEBRATION AT WEST HILLS, CA STORE ON APRIL 6TH

Retrieved on: 
Friday, April 5, 2024

WEST HILLS, Calif., April 5, 2024 /PRNewswire/ -- Party City , a specialty retailer and global leader in the party goods and celebrations industry, will celebrate the grand re-opening of their Fallbrook Shopping Center store location in West Hills, CA on April 6, 2024.

Key Points: 
  • WEST HILLS, Calif., April 5, 2024 /PRNewswire/ -- Party City , a specialty retailer and global leader in the party goods and celebrations industry, will celebrate the grand re-opening of their Fallbrook Shopping Center store location in West Hills, CA on April 6, 2024.
  • The Grand Re-Opening celebration will be held on Saturday, April 6th from 10:00 am - 1:00 pm at the Party City store in Fallbrook Shopping Center, located at 6559 Fallbrook Ave, West Hills, CA 91307.
  • Throughout the morning, enjoy demonstrations that will highlight simple ways to level-up any party or event.
  • The latest design brings birthday shopping to the next level with what Dion Miliaresis, VP of Merchandising at Party City describes as "birthday worlds".

Arctic7 Set To Be Acquired By Media, Technology & Entertainment Company Grom Social Enterprises, Inc

Retrieved on: 
Thursday, March 14, 2024

AUSTIN, Texas, March 14, 2024 (GLOBE NEWSWIRE) --  Arctic7, which provides a  robust suite of full game and co-development services together with own intellectual property  development within gaming, and virtual production services for the movie and TV industry, has  today announced it has agreed to be acquired by Grom Social Enterprises, Inc (NASDAQ: GROM). 

Key Points: 
  • Grom – a media, technology, and entertainment company focused on family-friendly programming,  web filtering technology and safe social media for kids – has entered into a non-binding letter of  intent to acquire Arctic7.
  • Grom aims to complement its existing entertainment offerings of safe,  social media for kids and its growing catalog of original intellectual property with a move into  gaming.
  • Teaming up with Grom allows us to more vigorously pursue a roll up strategy approach to potentially expand our business even further.
  • In the coming weeks and months, Grom and Arctic7 intend to explore partnership  opportunities and titles presented by the Grom acquisition.

Couche-Tard and RELEX Partner to Amplify North American Operations

Retrieved on: 
Wednesday, March 20, 2024

Alimentation Couche-Tard (Couche-Tard), a global leader in convenience and mobility, and RELEX Solutions , a provider of unified supply chain and retail planning solutions, today announced an agreement that will implement the RELEX unified supply chain and retail planning solutions across Couche-Tard’s North America operations.

Key Points: 
  • Alimentation Couche-Tard (Couche-Tard), a global leader in convenience and mobility, and RELEX Solutions , a provider of unified supply chain and retail planning solutions, today announced an agreement that will implement the RELEX unified supply chain and retail planning solutions across Couche-Tard’s North America operations.
  • Utilizing the automated RELEX demand forecasting and replenishment solutions, Circle K aims to enhance inventory management by optimizing store stock levels, while ensuring products are available when and where customers need them.
  • The decision to implement RELEX is propelled by a need for a more integrated inventory management system capable of managing the scale and complexity of Couche-Tard’s operations.
  • Since 2017, RELEX has provided Couche-Tard's European business with measurable results after implementing a unified supply chain and store and floor planning solution.

Marine Corps Exchange Embarks on a Global ERP and Inventory Management Transformation with Jesta I.S. and the Cloud

Retrieved on: 
Wednesday, March 13, 2024

is thrilled to announce that Marine Corps Community Services (MCCS) has selected Jesta I.S.’s foundational Merchandising ERP for the digital transformation of its Marine Corps Exchange (MCX) stores, totalling more than 160 worldwide.

Key Points: 
  • is thrilled to announce that Marine Corps Community Services (MCCS) has selected Jesta I.S.’s foundational Merchandising ERP for the digital transformation of its Marine Corps Exchange (MCX) stores, totalling more than 160 worldwide.
  • The modern architecture of Jesta’s Merchandising ERP will also help MCX realize resilient cloud operations and facilitate the adaptability of future technology enhancements.
  • Currently headquartered in Quantico, VA, the Marine Corps Exchange was founded in 1897 with the opening of the first store at the Marine Barracks in Boston, MA.
  • “With Jesta’s Merchandising ERP, the foundation of Jesta’s Vision Retail Management Suite, the Marine Corps Exchange has obtained robust capabilities to unify enterprise data, which ensures data integrity.

Turning Point of Japanese Traditional Crafts: First official collaboration, The Beatles x National Traditional Crafts

Retrieved on: 
Thursday, April 4, 2024

TOKYO, April 4, 2024 /PRNewswire/ -- I.C.Agency Inc. (Shibuya-ku, Tokyo), together with Saito Kikaku, Career Consulting, and Amita M.C.F., will present 120 works created on the occasion of the 60th anniversary of the Beatles' album debut at the Hanshin Umeda "Retro Expo" to be held for six days from April 10. The exhibition will be held for six days from April 10 at Hanshin's Umeda main store.

Key Points: 
  • The exhibition will be held for six days from April 10 at Hanshin's Umeda main store.
  • The works will be presented at the Hanshin Umeda Retro Expo, which will be held for 6 days from April 10, 2012.
  • The problem of successors to traditional crafts is serious throughout Japan, from Fukushima Akabeko to Noto Wajima-nuri, 13 years after the earthquake.
  • Meanwhile, the trend in merchandising is returning to natural materials, and we aim to revitalize Japanese traditional crafts through collaboration between the Beatles, the biggest stars of the 20th century, and Western cultural innovation.

Pacsun and Anna Sitar Break Waves with Exclusive Collaboration and Swim Collection Debut

Retrieved on: 
Thursday, April 4, 2024

LOS ANGELES, April 4, 2024 /PRNewswire/ -- Pacsun, the iconic California lifestyle brand, announced today its collaboration with renowned digital star Anna Sitar, marking the debut of her first-ever exclusive swimwear collection - ANNAXPACSUN. This partnership merges Anna's signature style with Pacsun's timeless SoCal aesthetic, offering a swimwear line tailored to make a statement at the beach this season.

Key Points: 
  • Content Creator and Longtime Pacsun Ambassador Introduces ANNAXPACSUN, Co-Created with Pacsun
    LOS ANGELES, April 4, 2024 /PRNewswire/ -- Pacsun, the iconic California lifestyle brand, announced today its collaboration with renowned digital star Anna Sitar, marking the debut of her first-ever exclusive swimwear collection - ANNAXPACSUN.
  • Anna will be premiering the collection live on Pacsun's TikTok, offering followers the opportunity to purchase directly from the platform.
  • "It has been such a pleasure co-creating with Anna, whose authenticity and vibrant personality complement our brand," said Addie Rintel, VP of Women's Merchandising at Pacsun.
  • Partnering with Pacsun to introduce the ANNAXPACSUN collection allows me to extend that same energy to fashion.