Merchants across the nation will receive checks this week for approximately $1.1 billion remaining from a 2003 settlement in the landmark antitrust case involving Visa and MasterCard-branded signature debit cards, according to the law firm Constantine Can
Author: Charlie Lunan
REI Scouting Former Linens n’ Things in Connecticut
REI is scouting a former Linens n' Things store in Norwalk, CT as the site for a potential second store in the state, according to a report by The Hour.com…
NPS Names New Congressional Liaison
Don Hellmann has been named the National Park Service Assistant Director for Legislative and Congressional Affairs. His appointment as the agency’s top liaison to the United States Senate and House of Representatives starts immediately…
SIA: SnowSports Sales Up 10% from August to October
Snow sports sales rose 12% in unit sales and 10% in dollar sales from August through October, compared to the same period in 2008, according to the SnowSports Industries America Retail Audit released Wednesday. The report said inventories at specialty sto
Lululemon Q3 Sales Rise 29.7% on 10% Comp Gain
Lululemon athletica inc. said income from operations soared 60.3% on a 29.7% increase in net revenue to $112.9 million in the third quarter ended Nov. 1. Comps store sales rose 10% on a constant dollar basis…
Li Ning to Open U.S. Store in Portland
Chinese sports brand Li Ning will test the U.S. market with its first retail outlet outside of Asia by opening a store next month in Nike's backyard. Li Ning disclosed that it has established an R&D facility in Portland, OR to be close to its Asian s
The Bon-Ton Stores Secures Credit Line
A unit of GE Capital said it became co-collateral agent for a $625 million asset-based credit facility for The Bon-Ton Stores, Inc. department store chain. The loan will be used to refinance existing debt and for working capital needs. GE Capital Markets
Exped Bolsters North American Team
Exped LLC, the North American subsidiary of Swiss gear maker Exped AG, has hired industry veteran Dave Perella as Director of Customer Service and Logistics…
Point6 Adds Reps in West
Point6, designer and manufacturer of wool socks, takes on two new sales representatives, Smoky Anderson and Owen Dennehy to cover areas in Colorado, Utah, Wyoming and New Mexico…
OIA Taps Democrat to Head PAC, Recreational Lobbying
Outdoor Industry Association has named former Democratic operative Craig Mackey Director of Government Affairs. Mackey will lobby Congress on federal land use and recreation policy and manage OIA's two-year-old Political Action Committee (OIAPAC)…
Hi-Tec Entering U.S. Outerwear Market
Hi-Tec, which has become a well established value brand in outdoor footwear, said it will launch its first outerwear line in the United States at Outdoor Retailer Winter Market next month…
Retailers’ Emails Soared Over Weekend
Online retailers turned on the email spigot over the Thanksgiving holiday, according to new research from the direct marketing firm Smith-Harmon. The percentage of Web retailers sending out promotional emails set a record every day during the weekend…
Macy’s Comps Fall 6.1% Despite Black Friday Crowds
Macy’s, Inc. said November sales failed to meet expectations due to unseasonably warm weather and timing of a friends and family sale, despite strong traffic on Black Friday. Total sales fell 6.3% to $2.18 billion for the four weeks ended Nov. 28, 2
Gore Kicks Off Online Community with Photo Contest
W.L. Gore & Associates (Gore) launched a new online community for the GORE-TEX brand at MyExperienceMore.com with a photo contest. Finalists, who will be determined by their peers, will be eligible for a grand prize of up to $10,000 towards planning his/h
Duty Relief on Some Outdoor Footwear Could Expire
Outdoor Industry Association (OIA) has confirmed that the Senate will not pass its miscellaneous tariff bill (MTB) before adjourning for the holiday recess. However, the trade organization is confident Congress will extend duty relief that reduces tariffs
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