Keep up by reading Industry Buzz. Here are today's top headlines:
Have a news tip? Email us at email@example.com.
Good news for Hydro Flask: Helen of Troy Ltd. is exploring the divestiture of its personal care business to focus more attention on its leadership brands, such as Hydro Flask, Honeywell, OXO, and others that are among the most asset-efficient businesses.
Helinox is cracking down even harder on its patents and intellectual property rights. By working with law firms in the U.S., Korea, and elsewhere, they've removed numerous brands of infringing chairs from the market.
Dick's Sporting Goods will no longer sell firearms at 125 of its stores, The Wall Street Journal reported on Tuesday. The move comes after Dick's tested the idea in 10 stores last year, following the deadly shooting at a high school in Florida.
Several environmental leaders on their way to the United Nations Environment Assembly died in a plane crash in Ethiopia. Among them was Micah John Messent, an Indigenous Relations Analyst for BC Parks who "shared his knowledge and leadership" with Canada's Mountain Equipment Co-op community many times. MEC posted the following:
Retail is off to a positive start in 2019. The National Retail Federation reports that retail sales rebounded in January, increasing 1.3 percent seasonally adjusted from December and 3.6 percent unadjusted year-over-year.
Milestone for REI: This year, it will reach $100 million invested in stewardship of the outdoors. To celebrate, the co-op is launching Loving Our Local Outdoors and is inviting its members to help decide how $1 million in philanthropic giving will benefit their local communities.
REI is using artificial intelligence for its order management. The retailer just deployed IBM's Order Optimizer tool, Digital Commerce 360 reported, which helps with product margin, shipping speed and fulfillment costs, and matching inventory.
On the other hand, Kathmandu was hacked. The retailer recently announced that the hack may have leaked the personal and payment information of its customers over a month ago.
#Trashtag: A new internet challenge is inspiring social media users to take photos of areas before and after they've removed litter. We dig it.