By: Leisure Trends Group
October 23, 2012
Leisure Trends Group (LTG) mourns the loss of its founder and longtime leader Jim Spring. Jim, who passed away early Monday morning, founded LTG in 1989, and over the past 23 years developed and led the company from its infancy to the fast growing, highly respected company it is today serving the sporting goods and specialty retail industries.
Jim was fondly known as “the smartest man in the specialty retail business”. He passed away while battling throat cancer at the age of 75. With a career spanning 50 years, he was universally respected for his business acumen, keen retail wisdom, honesty and humor (and most of all, one of the greatest belly-chuckles the world has ever known!) all of which Jim freely shared with employees, peers and the sports industry through untold articles, columns and speeches.
Starting his career as the Executive Editor of SKI magazine, Jim authored three books on retail management and the use of statistical information. He also created the concept of segmenting Americans by their leisure time activities and their attitudes towards those activities. Proclaimed by his peers as a “retail genius” and a tireless champion of the specialty retailer, Jim pioneered retail sales tracking with breakthroughs including the first working universal vendor code and the use of data captured at point-of-sale in retail stores. Jim created this method of tracking sales through his first company, SMART, eventually selling the company to NPD. Following SMART, Jim started Leisure Trends Group and eventually completed his career as owner and Chairman, mentor and friend, to the company’s nearly 50 person team.
Jim founded and ran Leisure Trends with his wife, Joy Spring, until 2010, when they retired from the day-to-day activities to lead LTG’s board of directors.
Jim is survived by his wife of 22 years, Joy Spring, and his three children, James Wright Spring, Elizabeth Hayden Spring and Thomas Cody Clarke Spring, his wife Laura, and 2 grandchildren, Sophia and Maxwell Spring.
Memorial arrangements and additional details to be forthcoming.