Schutt, HotHead Sports Team Up for “Smart Helmet”
HotHead Technologies, Inc., an Atlanta-based enterprise committed to improving athletic safety through research-based technology, announced it is working closely with Schutt Sports to develop a commercially viable heat-sensing helmet insert, which can det
Against All Odds Files for Chapter 11 Protection
Against All Odds USA Inc., an operator of urban apparel and footwear retail stores, filed in U.S. Bankruptcy Court in Newark, NJ. The chain has about $38 million in assets, and $35.9 million in liabilities. The chain operates 64 stores in shopping malls
Firearms Retailer Defense Fund Launched
A new not-for-profit organization dedicated to the legal defense of firearms retailers was announced Saturday at the AcuSport West Dealer Conferences in Salt Lake City, UT…
Suunto Names New Director of Marketing
Suunto North America announces Nate Randle as their Director of Marketing. Randle will start Jan. 19, 2009 for the manufacturer of precision sports instruments…
Smith and Wesson to Supply 4,000-man Police Force with MandP40
Smith & Wesson Corp. said it has received confirmation from the South Australia Police Force (SAPOL) that it will arm its 4,000-officer frontline force with the company's M&P40 pistols…
BJ’s Comps Up Slightly for December
BJ's Wholesale Club, Inc. reported total sales for December 2008 increased by 3.2% to $1.06 billion from $1.03 billion in December 2007. On a comparable club basis, sales increased by 1.6% for the month of December, including a negative impact from s
Wolverine to Acquire Cushe Footwear Brand
Wolverine World Wide, Inc. announced the acquisition of the Cushe (pronounced “cushy”) footwear brand, a move the company says will drive new global opportunities and leverage the strength of Wolverine's proven business model and operating infrastruc
J.C. Penney Dec. Comps Fall 8.1%
J. C. Penney Company, Inc. comparable store sales decreased 8.1% for the five-week period ended Jan. 3, 2009, better than the company’s guidance for a low-double digit decrease…
December Comp Sales Flat for Ross Stores
Ross Stores, Inc. saw sales of $802 million for the five weeks ended Jan. 3, 2009, a 6% increase over the $755 million in sales for the five weeks ended Jan. 5, 2008. Same store sales for the five weeks ended Jan. 3, 2009 were flat on top of a 3% increase
Nordstrom Comps Drop 10.6% in December
Nordstrom, Inc. net sales declined 8.0% for fiscal December to $1.13 billion from $1.22 billion for the year-ago period. Same-store sales for December decreased 10.6% compared with the same period in fiscal 2007…
Stein Mart December Comps Fall 9.3%, Reduces Expense Structure
Stein Mart, Inc. saw total sales for the five-week period ending Jan. 3, 2009 of $178 million, a decrease from $196.3 million during the comparable period last year. Comparable store sales dropped 9.3% for the five-week period ended Jan. 3, 2008, an incre
TJX Sees Flat December Comps, Updates Q4 Outlook
The TJX Companies, Inc. saw sales for the five-week period ended Jan. 3, 2009, of $2.37 billion, a 3% decrease from the $2.43 billion achieved during the five-week period ended Jan. 5, 2008. Consolidated comparable store sales for the five-week period end
Reports: Layoffs at Reef
Reef has laid off as many as 42 employees from its Carlsbad, CA, headquarters, according to several published reports…
Russell Shuttering More Alex City Ops; Lays Off 250+
Russell Corporation announced the 'phasing out' of its fabrics operation in Alexander City, AL, and the layoff of more than 250 employees due to the “current economic conditions, in addition to increasing costs and import pressures from Asia.”..
Jarden Q4 to Exceed Internal Forecasts
Jarden Corp, which owns Coleman and K2, said it expects fourth-quarter revenue to be slightly above its prior outlook of $1.3 billion. It also said it finished 2008 with more than $360 million of cash on the balance sheet…
