Saks Comps Rise 5.8% in May

Retailer Saks Incorporated today announced that owned sales totaled $177.4 million for the four weeks ended May 29, 2010 compared to $166.0 million for the four weeks ended May 30, 2009, a 6.9% increase. Comparable store sales increased 5.8% for the month

J.C. Penney Comps Decline 1.8% in May

J. C. Penney Company, Inc. comparable store sales decreased 1.8% for the four weeks ended May 29, 2010, while total sales decreased 2.1%. Management continues to expect second quarter comparable store sales to increase in the range of 2.5 to 3 percent. Th

Child and Nature Movement Coalesces Under O.A.K. Banner

As First Lady Michelle Obama unveiled the Let’s Move OUTSIDE initiative today in Las Vegas, expanding her campaign to solve childhood obesity, a broad coalition representing the business and non-profit communities announced a national strategic part

Icebreaker Scouting Location for New York City Store

Icebreaker plans to open up to 50 stores in the next five years, starting with its first one in New York City in September, the Financial Times reported. The New Zealand company's CEO, Jeremy Moon, is scouting locations in New York's SoHo neighb

NSGA: Hockey and Yoga Top Participation Growth in 2009

Hockey and yoga were the two fastest growing sports in terms of participation last year, according to the National Sporting Goods Association (NSGA). Participation in hockey grew 60.0% while participation in yoga, which grew 21.9% in 2008, grew 20.9%. Par

PrimaLoft Sponsors Backpacker’s Get Out More Tour

For the second year in a row, PrimaLoft will serve as the technical insulation sponsor of Backpacker’s Get Out More Tour, an interactive mobile media and educational tour designed that will visit 75 cities in 48 states in a campaign to enjoy the gre

Vail Resorts Buys OnTheSnow.com

Vail Resorts, Inc. has purchased Mountain News Corp., parent company of the OnTheSnow.com website, which draws 2.2 million monthly unique visitors by tracking snow conditions at more than 400 mountain resorts…

Pedro’s Continues to Retool Under Interim CEO

Pedro's continues to retool under its interim CEO. The Haverhill, MA maker of cycling tools and cleaning products, promoted Matt “Matty” Bracken to the position of VP of development, named a new marketing manager and engineer and is on the prowl to f