NRF Says Health Care Legislation Will Cost Jobs
The National Retail Federation in a statement expressed extreme disappointment at the House's passage of sweeping health care reform legislation over the weekend, saying added labor costs under the bill will cost many retail workers their jobs…
The Walking Co. to Exit Chapter 11 in Late April
The Walking Co. said a court hearing on the company's Chapter 11 bankruptcy reorganization plan will be held on April 23. If approved, the retailer said it would be ready to exit Chapter 11 early in the week of April 26…
Performance Bicycle to Open Another California Store
For the second time in two weeks, Performance Bicycle said it will open a new retail location in California. The Chapel Hill, NC-based bike dealer said the new store would open in Woodland Hills north of Los Angeles on May 7, 2010…
Nike Dominates Sweet 16
With the field of 65 teams having been whittled down to 16 over the past four days in the 2010 NCAA Division I Men’s Basketball Championship, Nike was once again the brand seen the most by viewers of the event, as 77% of the teams (50 total) in the
Deckers Hires Corporate Social Responsibility Chief
Deckers Outdoor Corporation said Mark Heintz has joined the company as director of corporate social responsibility, reporting to the chief operating officer, Zohar Ziv…
Orange 21 to be Delisted From Nasdaq
Orange 21 Inc., the parent of Spy Optic, said that on March 16, 2010 it received a letter from the Nasdaq Stock Market noting that it was failing to meet the requirements for continuing listing on the stock exchange. The company expects its common stock t
Paddlesports Companies Close Ranks Around OR
Just eight months after Canoe & Kayak Magazine announced it would launch its own paddlesports show, the industry’s leaders are clearly closing ranks around the Outdoor Retailer Summer Market…
REI Introduces Free Shipping Exclusively for Members
REI (Recreational Equipment, Inc.) is now offering free standard shipping is now available exclusively to members for their purchases of $75 or more through REI.com, REI-OUTLET.com and phone direct sales orders…
Fourteen Golf Names Midwest Rep
Fourteen Golf, the golf wedge designer and manufacturer, said Sean Joyce has joined its sales team as a rep…
Nike Dominates SportsOneSource Sweet 16 Brand Brackets
With the field of 65 teams having been whittled down to 16 over the past four days in the 2010 NCAA Division I Men's Basketball Championship, Nike was once again the brand seen the most by viewers of the event, as 77% of the teams (50 total) in the f
Ross Stores Q4 Profits Soar 47%
Ross Stores, Inc. reported earnings per share for the 13 weeks ended January 30, 2010 of $1.16, up 53% from $.76 for the 13 weeks ended January 31, 2009. Net earnings for the 13 weeks ended January 30, 2010 grew to a record $142.9 million, up 47% from $97
Sport Supply to Be Acquired by PE Firm
Sport Supply Group last week agreed to be acquired by private equity firm Oncap Management Partners, a unit of Canada’s Onex, for around $172 million…
Shoe Carnival Q4 Boosted by Boots and Toning
Sparked by robust demand for boots and toning shoes, Shoe Carnival’s fourth quarter sales climbed 8.8% to $170.8 million on the same 8.8% comp gain. With fewer promotions, earnings reached $2.6 million, or 20 cents a share, rebounding from a loss of
NRF Names New President/CEO
Matt Shay has been selected to serve as the next president and CEO of NRF…
Easton-Bell Fiscal Fourth Quarter Suffers from Budget Cuts, Cycling
After a third quarter that saw weakness from the Team Sports business cripple overall revenues for Easton-Bell Sports, management at the Van Nuys, CA-based manufacturer said operations for the fourth quarter of fiscal 2009 had finally exhibited a degree