Target Corporation reported that its net retail sales for the four weeks ended Oct. 29 were $4.84 billion, an increase of 4.3 percent from $4.64 billion for the four weeks ended Oct. 30, 2010. On this same basis, comparable-store sales increased 3.3 perce
Author: Charlie Lunan
Macy’s Comps Growth Slows to 2.2 Percent in October
Macy’s, Inc. reported total sales of $1.84 billion for the four weeks ended Oct. 29, an increase of 2.0 percent compared with total sales of $1.81 billion in the four weeks ended Oct. 30, 2010. On a same-store basis, Macy’s, Inc. sales were up
Cannondale Powers Q3 Growth at Dorel’s Recreation/Leisure Segment
Dorel Industries, Inc. reported revenue increased 21.6 percent at its Recreational/Leisure segment, in the third quarter ended Sept. 30 as Cannondale sales to the independent bicycle dealer (IBD) channel continued to drive growth. Earnings were hampered b
OIA Launches Lecture Series with UC’s Leeds School of Business
Outdoor Industry Association and University of Colorado Leeds School of Business have launched a new lecture series entitled, The Business of Outdoor Recreation. The lecture series will run through the current school year and is designed to bring outdoor
LeadmanTri Life Time 250 Coming to Bend, OR in 2012
Life Time Fitness unveiled the 2012 LeadmanTri Life Time EPIC 250 schedule. The category redefining, ultra-distance triathlon will make its return to Las Vegas on Saturday, May 19, 2012…
Kantar: Cooling October Comps Reflect Lagging Consumer Response
Retail same-store sales cooled to 3.9 percent growth in October as seven months of weaker spending intentions among shoppers appeared to finally take a toll, according to Kantar Retail. The October letup may reflect a lagging response to shoppers' we
Senate Resolution Seeks to Exempt Small Business from Online Sales Tax
A bipartisan group of Senators introduced a “Sense of the Senate” resolution urging Congress to exempt small Internet businesses from pending legislation that would give state governments the authority to require online retailers to collect sa
RECALL: 13,000 Gerber Knife Sets
Gerber Legendary Blades, of Portland, OR has voluntarily recalled about 13,000 Winchester hunting knife sets because the latching mechanism for the knife's interchangeable blades can unexpectedly fail and release the blade. This poses a laceration ha
Registration Opens for 2012 Leadville Race Series
Life Time Fitness, Inc. released the schedule and began accepting registrations for the 2012 Leadville Race Series, which hosts thousands of racers annually on foot and mountain bike in some of the World’s most scenic and challenging endurance event
Garmin’s Third-Quarter Fitness Sales Rise 29 Percent
Garmin Ltd. reported that revenue from its Fitness segment increased 29 percent to $69 million in the third quarter ended Sept. 24, while revenues in its Outdoor segment rose 5 percent to $95 million. Despite continued unit volume declines of GPS devices,
RecoFit Compression Shifts to L.A. Factory
RecoFit Compression Components is pleased to announce that it can now say it is “Made in the USA” after moving production from Canada to Los Angeles…
Amer Sports WebSite to Fulfill Through Dealers
Amer Sports Winter and Outdoor Americas will launch an e-commerce site in the fall of 2012 in a bid to drive consumers to its Salomon and Atomic dealers for fulfillment of winter sports gear. Ski Link is being developed in cooperation with American retail
Jarden Partners with Ironman to Launch Sports Wraps
Jarden Consumer Solutions (JCS) will launch a new line of pain relief products in cooperation with World Triathlon Corporation (WTC), which owns the Ironman Series. The product line will feature heated and cold sports wraps that will help athletes with p
Gear to Grow Collecting Tent Poles
In order to restock its tent pole inventory, the not-for-profit Gear to Grow is asking retailers, vendors and consumers to donate surplus or gently broken tent poles to help outfit more than 70 of its beneficiary groups with full tent sets…
Bicyclists Repel Raid on Fed Funding
The U.S. Senate resoundingly defeated Monday a proposal by Sen. Rand Paul's, R-KY, to gut the transportation enhancements budget and shift money invested in bicycling and walking infrastructure to bridge repairs. Bike enthusiasts generated more than
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