News

Firearm Industry Economic Impact Rises 232% Since 2008

March 29, 2021

The total economic impact of the firearm and annumition industry in the United States increased from $19.1 billion in 2008 to $63.5 billion in 2020, a 232 percent increase, while the total number of full-time equivalent jobs rose from approximately 166,000 to over 342,330, a 106 percent increase in that period, according to a report released by the National Shooting Sports Foundation. | More Information 

 


Pure Fishing Announces Definitive Agreement to Purchase Plano Synergy Holdings Inc.

March 25, 2021

Pure Fishing Inc., the world’s largest fishing tackle company announced that it has entered into a definitive agreement to purchase Plano Synergy Holdings Inc. The Purchase will include Plano’s 15 preeminent brands, which specialize in tackle storage, catch management, hunting accessories and archery. |  More Information

NRF Reports January Retail Sales Show Strong Increase Boosted by Stimulus Funds and Momentum From Record Holiday Sales

February 26, 2021

“January’s retail sales numbers reflect a very strong start for consumers and retailers as we look ahead to a critical year curbing the global pandemic and strengthening our economic recovery,” NRF President and CEO Matthew Shay said. “Consumers and the economy as a whole remain in good shape despite unprecedented adversity over the past year, and congressional action has been a lifeline for households and businesses disproportionately impacted by the pandemic. The U.S. Census Bureau today said overall retail sales in January were up 5.3 percent seasonally adjusted from December and up 7.4 percent year-over-year. That compares with a monthly drop of 1 percent but a yearly gain of 2.5 percent in December.” | MORE INFORMATION

74% of Parents Use Play to Help Kids Fight Loneliness During Pandemic

February 26, 2021

With the pandemic continueing to limit children’s social interationcs with friends and family, new research, commissioned by The Genius of Play and conducted by OnePoll revealed seven out of 10 parents are concerned COVID-19 will have a lasting impact on their children’s social and emotional growth and development. 72% of surveyers said they believed during 2020 their child was lonier than ever before. With mental health continuing to remain a focus both for their children and themselves, the survey showed many parents have taken active steps to help their children combat these feelings of isolation through play. | MORE INFORMATION


2021 Industry Tradeshow News and Updates

February 26, 2021

National Hardware Show Postponed

Earlier this month the National Hardware Show announced new dates for the 2021 show. Moving it from May to October 21-23, 2021. |  https://www.nationalhardwareshow.com/en-us.html 

Outdoor Retailer Shifts Summer 2021 Trade Show to August 10-12

Outdoor Retailer announced on February 23 that it would be shifting it’s summer trade show from June to August 10-12, 2021 and remain at the Colorado Convention Center in Denver, CO. The date change was made to facilitate a safe and successful in-person event. |  https://sgbonline.com/outdoor-retailer-shifts-summer-2021-trade-show-to-august-10-12/

Surf Expo Hosts First In-Person Trade Show of the Year

Surf Expo hosted its winter tradeshow January 6-8, 2021 at the Orange County Convention Center in Orlando, FL. This marked the first in-person outdoor tradeshow in nearly a year since the pandemic began. Safety measures included mandartory temperature checks, face masks, a larger registration area, safety concierges, wider aisles with directional signage, floor stickers, hand sanitizing stations, enhanced cleaning, online notifications, the creation of a safety video and more. While the show’s size was less than half that of the 2020 Winter Surf Expo, a quick count showed 319 exhibiting attendees, with a buyer-to-exhibitor ratio increased by 23 percent, said organizers and the exhibitor net promoter scores increasing by 63 percent. | https://sgbonline.com/surf-expo-hosts-first-in-person-trade-show-of-the-year/


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