Cabela’s Inc. Cuts 10% of Corporate Headquarter Jobs
Cabela's Inc. reduced its workforce by approximately 10% at its corporate headquarters in Sidney, NE. After completing a review of its organizational structure, the company decided to reduce staffing levels in selected areas. The company expects app
Winter Sports Retailers Usher in Season with Lean Inventories and High Hopes
Despite coming off one of their fattest seasons in years, snowsports retailers are entering the winter with their leanest inventory ever and leaving brands equally anxious over the credit crunch on one hand and lost sales on the other. The consensus is th
REI to Begin Selling GT Bikes
Recreational Equipment Inc. (REI) will begin selling GT bikes at 47 of its stores by the end of the year. This deal follows REI's decision to phase out K2 bikes, which are made by World Wide Cycle Supply…
Coleman Names New Sales VP
The Coleman Company Inc. has named Michael Bach VP of sales with responsibility for leading the field sales team and the food/drug and home channels…
NRF: Container Imports Forecast to Decline 6.5% this Year
Cargo volume at the nation’s major retail container ports is now expected to decline 6.5% in 2008 compared with 2007 as merchants carefully manage inventories in response to the nation’s slow economy. Volume is projected to total 15.43 million Twenty-foot
U.S. House Calls for Imports Monitoring…
In a possible sign that anti-trade forces may be gaining steam, Charles Rangel (D-NY), chairman of the Ways and Means Committee in the U.S. House of Representatives, asked the U.S. International Trade Commission (ITC) to start tracking and reporting data
The SportsOneSource Debate: The Election
Turns out our industry is about as divided as the rest of the country around which Presidential candidate is best qualified to steward our country. Late last week, SportsOneSource queried subscribers asking how the election of John McCain or Barack Obama
The Conservation Alliance Sends out Second Round of Checks
The Conservation Alliance sent checks totaling $450,000 to 17 organizations working to protect wild places throughout North America. The donations marked the Alliance’s final funding disbursal for 2008, and bring the year’s total to $900,000. This round b
Unifi Names President of New China Subsidiary
Unifi, Inc. named Ed Wickes as president of its new China-based subsidiary, Unifi Textiles (Suzhou) Co., Ltd. (UTSC), which will focus on the development, sales and service of Unifi’s premium value-added yarns for the Asian market…
Timex to Sponsor NYC Marathon
Timex Group USA, Inc. has signed on as the official timing sponsor of the ING New York City Marathon. The sponsorship will last four years, from 2008 through 2011, as part of the company’s ongoing initiative to increase the awareness of its state-of-the-a
Bush Signs Bill Encouraging Bike Commuting
Employers may begin reimbursing employees tax-free for bike commuting costs starting Jan. 1, 2009 under a bill signed by President Bush Oct. 3. After seven years of legislative proposals, the bicycle commuter tax benefit has finally become law. The benefi
Dick’s SG Settles FTC Charges
Thursday, the Federal Trade Commission announced a consent agreement and order that settled charges that Golf Galaxy, a subsidiary of Dick’s Sporting Good’s Inc., violated federal law by illegally agreeing with a potential competitor, Golf Canada, to allo
Ross Stores Lowers Guidance as Comps Fall
Ross Stores, Inc. saw sales of $561 million for the five weeks ended Oct. 4, 2008, a 5% increase over the $537 million in sales for the five weeks ended Oct. 6, 2007. Same store sales for the five weeks ended Oct. 4, 2008 declined 2% compared to sales dur
Grenade Gloves Hires New Sales Manager
Grenade Gloves hired Marty Carrigan as West regional sales manager. Carrigan comes to the company with an extensive background in equipment, apparel and accessories for the action sports industry, with a heavy emphasis on winter sports. He earned a degree
Small Retailers Raising Prices to Recoup Costs
Seventy percent of small retail businesses have raised prices to offset rising costs, 26% have added or increased shipping/handling costs, 20% have reduced other operating costs and 18% have renegotiated customer pricing agreements, according to a survey
