Golf Datatech: April Rounds Up 1.4%
The Golf Datatech National Golf Rounds Played report showed that in March, golf rounds played varied vastly between regions, with participation in the Mountain, East North Central, South Central and South Atlantic regions decreasing and participation incr
Cabela’s Renews Credit Card Facility
Cabela’s Inc. announced that Wachovia Bank, National Association has renewed its $225.0 million commitment under an outstanding series of variable funding notes issued by Cabela's Credit Card Master Note Trust. The commitment is for one year…
TapouT Opens RandD Center
TapouT, the mixed-martial arts brand, is officially opening the doors of its new 13,000-square-foot TapouT Research & Development Training Center in Las Vegas, Nevada. The Grand Opening weekend is set to take place from 10 a.m. to 3 p.m. on June 19 and Ju
Coalition Urges Congress to Support USDA Conservation Programs
House and Senate Appropriations Committees to maintain mandatory spending levels for the U.S. Department of Agriculture conservation programs as authorized in the 2008 Farm Bill, the Theodore Roosevelt Conservation Partnership announced…
AcuSport adds Russian American Armory Firearms
AcuSport Corporation, a distributor of outdoor and shooting sports products in the nation, introduced Russian American Armory (RAA) to their line of shooting sports products. RAA is the manufacturer of the Saiga firearms line. These items, along with the
Callaway Golf Cuts Dividend to Preserve Cash
Callaway Golf Co. said its Board of Directors has elected to reduce the second quarter dividend to one cent per share, payable on July 15, 2009 to shareholders of record as of June 26, 2009. This represents a six cents reduction to the dividend declared a
Quiksilver Announces Financial Restructuring, Q2 Sales Slide 17%
Quiksilver, Inc. entered into an agreement with Rhône, an international private equity firm, for a 5-year senior secured term loan of approximately $150 million to ease its liquidity pressures. The surf giant also reported second-quarter sales fell 17.1%
Dynamic Brands Adds a New CFO; Expands Staff
Dynamic Brands, the parent company for Bag Boy, Baby Jogger, Slotline and AMF Golf, has hired Tom Hall of Richmond, VA, as chief financial officer. Hall will oversee all financial aspects of the business units under the Dynamic Brands corporate umbrell
SIA Readies for Denver
Readying for the move of its tradeshow from Las Vegas to Denver in January 2010, SIA has added a number of new events to its Snow Show. Among the additions is an On-Snow Demo/Free Ride Fest, Feb. 1-2, in conjunction with the Rocky Mtn. Demo…
Nike Bauer Plant Sold in New Hampshire
Nike USA has sold its Bauer Hockey manufacturing plant in Greenland, NH, but has no plans to shut down operations at this time, according to www.seacoastonline.com. According to the newspaper, the Rockingham County deed records filed May 29 show the prop
ISO Product Recall Standard Scheduled for 2012 Launch
Early meetings of the ISO project committee that will develop an International Standard for consumer product recalls took place last month in Kuala Lumpur, Malaysia. The standard is dubbed “ISO/PC 240,” and the commission decided on a publication target f
TJX May Comps Rise 5%
The TJX Companies, Inc. saw sales for the four-week period ended May 30, 2009 of $1.49 billion, up 4% over the $1.43 billion achieved during the four-week period ended May 31, 2008. For the 17 weeks ended May 30, 2009, sales reached $5.84 billion, up 1% o
J.C. Penney’s May Comps Decline 8.2%
J.C. Penney Co. Inc. reported comparable store sales decreased 8.2% for the four weeks ended May 30, slightly better than the company's guidance for sales to decrease 9% to 12% and compared to a 4.4% decrease last year. Total sales in May decreased 6
Target Sees 6.1% Decline in May Comps
Target Corp. reported same-store sales fell 6.1% in May. Total sales for the four weeks ended May 30 fell 2.3%to $4.46 billion…
Stein Mart Q1 Sales Dip 9.2%, Comps Fall 8%
For the first quarter ended May 2, 2009, Stein Mart earned $16.1 million or 38 cents per diluted share as compared to $7.0 million or 17 cents per diluted share in 2008. As previously reported, net sales for the first quarter decreased 9.2% to $319.6 mill
