Late Snow Prompts Chain Stores to Discount Deeply in March

Despite the deepest snow pack in years, chain stores had to aggressively mark down product in March to clear out their inventories, according to retail point-of-sale data compiled by SportsScanINFO. The data shows year-over-year percentage growth in chain

TomTom Cuts Q1 Outlook

TomTom, the Dutch navigation device maker, cut its 2008 revenue outlook and warned price cuts would hit first quarter sales and profits. The maker of portable navigation devices (PNDs) for cars and mapping software for handheld computers said quarterly sa

Sport Apparel Market Posts Modest Growth in ‘07

The SportsOneSource Group, the leading information platform serving the sporting goods, outdoor, athletic footwear and apparel markets, has released preliminary sales figures for the fiscal 2007 retail year. Based in part on retail point-of-sale data com

Delta Expects Q3 Loss on Retail Weakness

Delta Apparel, Inc. expects a loss in the range of 5 cents to 7 cents a share in its third quarter – including a 7 cents a share restructuring charge – on revenue of approximately $75 million…

NRF: Online Sales to Grow 17% in 2008

According to the annual “State of Retailing Online” survey from the National Retail Federation, (NRF), online retail sales are expected to grow 17% to $204 billion in 2008. Apparel (US$26.6 billion), computers (US$23.9 billion), and autos (US$19.3 billion

NBA Expects Strongest Season Ever

The NBA Store on Fifth Avenue had its best March ever with a 46% sales increase over last year. Since the beginning of the 2007-08 season, sales at the NBA Store are up over 17% versus last year as the regular season enters its final week…

Brown to Move Famous Footwear HQ to St. Louis

Brown Shoe Company, Inc. said it plans to join together employees from its Famous Footwear division headquartered in Madison, WI with its St. Louis-based divisions to create a more connected footwear company. The company will be headquartered in St. Louis

Half-Moon Opening 3 New Stores

Charleston, S.C.-based Half-Moon Outfitters has added staff at a new LEED-certified warehouse to prepare for the addition of two stores in Georgia and a third in Charleston. The company has chosen neighborhood and urban locations where Dick's and REI

Teva Opens Mountain Games to Amateurs

The Teva Mountain Games, billed as the nation's largest outdoor adventure sports festival, has added an amateur category to the GNC Ultimate Mountain Challenge. Launched in 2007, the GNC Ultimate Mountain Challenge is a grueling two-day test of athle