Big City Mountaineers Wins $90,000 Grant
The Stewardship Council, a land conservation and youth investment program, awarded Big City Mountaineers in Alameda County, CA. $90,000 to introduce underserved families to nearby parks and outdoor recreation…
Average U.S. Household to Spend 11% Less this Holiday
U.S. households are expected to spend an average of $418 on gifts during the holiday season, down from last year’s estimate of $471, The Conference Board reported Friday. “This is shaping up to be one of the most challenging holiday seasons in years and i
American’s Drive 4.4% Fewer Miles in September
Americans drove 4.4% less, or 10.7 billion fewer vehicle miles traveled (VMT), in September 2008 than September 2007, the eleventh-straight month of declining driving. The bad news, the decline has cost the Highway Trust Fund, the primary source of federa
Holiday Gift Card Sales Expected to Decline
Shoppers’ price-conscious mentality is taking a toll on the season’s most-requested present: gift cards. The National Retail Federation's sixth annual Gift Card Survey found that gift card sales will fall nearly 6% this holiday season to $24.9 billio
Hibbett Raise Earnings Outlook on 8.1% Sales Increase
Hibbett Sports Inc. raised its earnings outlook for the fiscal year ended Jan. 31, 2009 saying its IT investments were helping it better manage inventory and boost comp store sales despite economic headwinds. The company said net sales rose 8.1% on a 0.4%
Zumiez Q3 Comps Drop 5.8%, Net Sales Rise 7.9%
Zumiez Inc. saw total net sales for the third quarter ended Nov. 1, 2008 increased by 7.9% to $112.2 million from $104.0 million reported in the third quarter ended Nov. 3, 2007. Comparable store sales decreased 5.8% for the third quarter of fiscal 2008 c
Foot Locker Reports Q3 Sales Slip 3.5%, Cuts FY EPS Outlook
Foot Locker, Inc. reported net income of $24 million, or 16 cents per share, for the third quarter ended Nov. 1, 2008, compared with net loss of $33 million, or 22 cents per share, last year. But the retailer lowered its guidance for fiscal 2008 below ana
Report: Steve and Barry’s to Liquidate
Steve & Barry's LLC is set to announce this week it will go out of business, according to a report in the Wall Street Journal. Bay Harbour Management LC, the private-equity firm based in New York that acquired 175 of the stores less than three months
TSL Snowshoes Adds to Sales Team
TSL Snowshoes, manufacturer and distributor of domestically produced snowshoes, has added the Shaw & Heald Sales group to their national sales rep team. The group headed up by Andy Shaw and Scott Heald will be responsible for the New England Territory…
Sugoi Names Marketing Manager
SUGOI Performance Apparel, a division of Dorel Industries, named Kara Hurry as its new marketing manager. Before joining SUGOI, Hurry, a native Australian, served as the Marketing Services Manager for Australian Wool Innovation (AWI) in New York. At AWI,
Pacific Sunwear Q3 Sales Drop 5% to $341.9 M
Pacific Sunwear of California, Inc. said that total sales for the third quarter ended Nov. 1, 2008, were $323.6 million, a 5% decrease from total sales of $341.9 million for the third quarter ended Nov. 3, 2007. Total company same-store sales decreased 7%
Ogio Promotes Two to VP Positions
OGIO reports that it will promote Tom Gocke to VP/global golf and Nick Wright to VP/global ASI (ad specialty industry) due to one of its most successful sales spikes in its 20-year history…
FGX Sunglass Unit Posts 20% Sales Gain in Third Quarter
FGX International said sales of sunglasses and prescription frames rose nearly 20% in the third quarter ended Oct. 4 to $10.4 million. The figures include sales of Foster Grant and Gargoyles branded sunglasses to Wal-Mart and other mass, drug, airport and
Easton-Bell Sees New Products Boost Q3 Sales
On its third quarter conference call, Easton-Bell Sports Inc. noted the economy has taken a “significant downturn” since September, but it was able to deliver a solid third quarter with the help of new products. As reported last week, Easton-Bell's s
Fox Shox Poised to Grow Beyond MTB After Strong Q3
Mountain bike and motor sports suspension provider Fox Shox generated revenues of $43.3 million in the third quarter ended Sept. 30, up 30.8% from the prior year period, according its parent company, Compass Diversified Holdings Inc…
