NSGA’S Sporting Goods Market Report Shows Retail Sales Reach $69.9 Billion

FOR IMMEDIATE RELEASE CONTACT: Marty Maciaszek, Director Team Dealer Divisionmmaciaszek@nsga.org(847) 296-NSGA (6742), ext. 1260 MOUNT PROSPECT, ILLINOIS (May 14, 2019) – Consumer retail purchases of sporting goods equipment, athletic footwear and athletic apparel increased to $69.9 billion for the categories tracked by the National Sporting Goods Association (NSGA) in 2018, an increase of 1% versus 2017. … Continued

2018 HOLIDAY SALES GREW 2.9 PERCENT, SPORTING GOODS STORES DOWN FROM 2017

WASHINGTON (February 14, 2019) – Holiday retail sales during 2018 grew a lower-than-expected 2.9 percent over the same period in 2017 to $707.5 billion, the National Retail Federation said after the Commerce Department released data that had been delayed by nearly a month because of the recent government shutdown. The numbers, which exclude automobile dealers, gasoline … Continued

MORE STATES ENACT REMOTE SALES TAX RULES

MOUNT PROSPECT, ILLINOIS (February 12, 2019) – As of now, nearly 60 percent of states have enacted remote transaction sales tax regulations, with more nearly completing their process. Notably, in the last month, New York and Wyoming are the latest to take effect. New York is of concern because its guidance can be interpreted to include … Continued

NSGA FIGHTS TO ELIMINATE TARIFFS

MOUNT PROSPECT, ILLINOIS (February 18, 2019) – NSGA Director of Public Affairs Larry Weindruch went to Washington, D.C. earlier this month to participate in the Americans for Free Trade coalition’s lobbying day. The goal was to consolidate support in opposition to tariffs, many of which target sports, fitness and recreational products. The urgency of the trip … Continued

NRF PREDICTS 2019 RETAIL SALES GROWTH BETWEEN 3.8 AND 4.4 PERCENT

WASHINGTON, D.C. (February 5, 2019) – The National Retail Federation forecasts that retail sales in 2019 will increase between 3.8 percent and 4.4 percent to more than $3.8 trillion, despite threats from an ongoing trade war, the volatile stock market and the effects of the government shutdown. “We believe the underlying state of the economy is … Continued

REMOTE SALES TAX NEWS: PENNSYLVANIA ISSUES BULLETIN; NEW HOUSE BILL INTRODUCED

Pennsylvania Online Sales Tax Update Pennsylvania’s Department of Revenue has issued a sales and use tax bulletin. Remote sellers and online marketplaces with more than $100,000 in sales are required to register for a sales tax license and collect and remit taxes beginning July 1.  According to Bloomberg Tax, sellers are pointing out that this bulletin has … Continued

NFHS APPROVES FEE INCREASE IN AUTHENTICATING MARK PROGRAM

National Federation of State High School Associations (NFHS), (Feb. 8, 2017) – The National Federation of State High School Associations (NFHS) announced a fee increase of 15 cents in its Authenticating Mark Program (AMP) that will take effect Jan. 1, 2018. The increase of the fee paid by manufacturers was approved by the NFHS Board of … Continued

NOCSAE ISSUES WARNING ABOUT COUNTERFEIT LACROSSE BALLS

INDIANAPOLIS, INDIANA (April 6, 2018) – The National Operating Committee on Standards for Athletic Equipment (NOCSAE) is warning lacrosse players, coaches and teams to use caution when purchasing lacrosse balls online. NOCSAE is taking aggressive steps to stop the sale of counterfeit lacrosse balls by multiple illegitimate vendors, primarily on the Internet. In recent months, NOCSAE … Continued