U.S. consumer spending rises in March

(May 1, 2017) -- "A 0.3 percent tick increase in spending in volume terms provides the first sign that spending is bouncing back after a weak 0.3 percent annualized increase in all of the first quarter that looks decidedly out of line with underlying strength in labor markets, rising consumer confidence, and still extremely low interest rates," said Janzen.

Patrick Acquires Three Marine Manufacturing Firms

Patrick Industries Inc. announced today (May 1) that it has completed the acquisition of Leisure Product Enterprises LLC (LPE), a holding company with three manufacturing subsidiaries under its umbrella: Marine Concepts/Design Concepts, Florida Marine Tanks (FMT), and Marine Electrical Products (MEP).  According to a press release, LPE primarily serves the marine and industrial markets with combined […]

Camping World Details Buyout of Gander Mountain

In the wake of Saturday’s (April 29) announcement that Camping World Holdings Inc. was acquiring certain assets of Gander Mountain Co. and Overton’s Inc. boating business, the company outlined details of the move in a statement. Simultaneous with the acquisition, a group of liquidators was chosen as the winning bidder to be retained as the agent for […]