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
Author: Charlie Lunan
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
March Retail Results Flounder Amid Tough Environment.
March proved dismal for all retailers outside the club and discount channels as monthly comps declined for the vast majority of retailers covered in…
West Marine’s Sales Fall 10% in Fiscal First Quarter
West Marine, Inc. reported net sales fell 10% for the 13 weeks ended March 29, to $113.3 million from $125.8 million a year ago, primarily due to a 9.4% drop in comparable store sales…
NSGA: Volleyball Only Team Sport to Grow in ‘07
According to the National Sporting Goods Association, exercise walking remained the most popular sport in 2007 in terms of participation as it grew 2.7%, a position it has held since 1990…
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…
Escalade to Stop Selling Table Tennis and Billiard Tables to Sears
Escalade Inc. said it will cease supplying table tennis and billiard tables to Sears Holdings in the second half of 2008. Approximately 74% of the sporting goods segment’s sales decline relates to the company's mass-market retail customers who it rep
Orange 21 Sees Growing Loss Despite Sales Gains
Orange 21 Inc. saw sales increases for both the fourth quarter and full fiscal year, but both periods also saw net losses that widened compared to last year…
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
Adidas Receives Possible Good News in Continued Stripe Fights
Adidas received good news last week in its ongoing fight to establish its three stripes mark as an actual trademark. European Union's highest court ruled Thursday that..
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
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