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Dick's Sporting Goods Completes International Footwear Chain Acquistion

Dick's Sporting Goods · United States

Dick's Sporting Goods Completes International Footwear Chain Acquistion

72% Center coverage: 14 sources

In a blockbuster transaction, Dick's Sporting Goods has purchased a footwear retailer that has a global reach.See the Story

Nike to lay off about 1% of corporate staff in its latest effort to refocus the business — REUTERS / pwu404

Nike · United States

Nike to lay off about 1% of corporate staff in its latest effort to refocus the business

64% Center coverage: 11 sources

Nike is planning another round of layoffs as part of CEO Elliott Hill’s efforts to realign the business and get it back to growth, CNBC has learned. The cuts will impact less than 1% of Nike’s corporate staff. It’s unclear how many jobs will be impacted. Nike’s EMEA and Converse businesses will not be impacted. See the Story

Ron DiMenna, founder of iconic Ron Jon Surf Shop, dies at 88

Cocoa Beach · Cocoa Beach

Ron DiMenna, founder of iconic Ron Jon Surf Shop, dies at 88

100% Center coverage: 6 sources

Ron DiMenna, company founder of the famous Ron Jon Surf Shop, died Saturday at 88 years old, the company said in a news release.DiMenna began Ron Jon Surf Shop in 1959 in New Jersey, opening the first store two years later in Long Island Beach, the release states.Ron Jon stores can now be found throughout Florida in Cocoa Beach, Lake Buena Vista, Fort Myers, Key West, Panama City Beach, Clearwater Beach and Pensacola Beach, as well as in Ocean C…See the Story

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