Target Corporation said same-store sales fell 5.0% on a .1% increase in net sales for the five weeks ended Jan. 5 compared to the five weeks ending Dec. 30, 2006. Same-store sales were up .6%, however, over the five weeks ending Jan. 5, 2008 and Jan. 6, 2
Author: Charlie Lunan
Ross Ups Guidance on 3% Rise in Comp Sales
Ross Stores, Inc. upped its earnings guidance for the fourth quarter after reporting a 3% rise in comparable store sales for the five weeks ended Jan. 5. Nets sales rose 12% for the period. Ross said its strongest regions in December were the Northwest an
Cannondale Recalls Some Scalpel Bikes
Cannondale Bicycle Corp. has recalled 150 of its 2008 Scalpel models – priced from $3,200 to $4,300 – because of reports that the carbon fiber and aluminum frames are breaking. Cannondale and CPSC said they’ve received six reports of breaking frames. No i
Interbike Schedules Satellite Demo Event for Eastern Dealers
In an effort to better support retailers in the Northeast and Mid-Atlantic regions, Interbike announced it will host its first annual Interbike Outdoor Demo East this fall in Providence, R.I. The new event is aimed at servicing retailers who do not attend
Conservation Group Buys 1,200-acre Wapack Wilderness
A conervation group has acquired the 1,200-acre Wapack Wilderness in New Hampshire from a private boarding school. The Northeast Wilderness Trust is now trying to acquire 200 adjacent acres. The area will be managed as wild forest and provide access to th
Jarden Vet to Head Sales at Coleman, Stearns
The Coleman Company, Inc. has named a veteran consumer goods executive from its parent company Jarden Corp. as SVP of Sales for the Americas for its Coleman and Stearns brands. Scott Henrikson will report to Interim President and CEO, Sam A. Solomon…
Kellwood Defends Plan to Buy Back Bonds
The Kellwood Co. – which owns the Royal Robbins, Sierra Designs, Slumberjack, Wenzel and Wenger brands – defended plans to spend $60 million buying back debt despite criticism by its second largest shareholder and former suitor. Investor Sun Capital Secur
Kellwood Closes Smart Shirts Sale
Kellwood Company said it completed the sale of its Smart Shirts manufacturing operations and related real estate assets in two separate transactions that grossed approximately $162 million in cash. The company will invest proceeds from the sale to reduce
Extreme to Sell Licensed Product in Europe
Extreme Group, developer of the Extreme Sports Channel and owner of production and distribution company Debut Sport, said it signed a five-year European licensing deal to create and distribute a range of high quality outdoor sports products and equipment.
Fleet Feet Honors Nike
Nike, Inc. was honored as Outstanding Apparel Vendor of 2007 by fast-growing Fleet Feet, Inc., a franchiser of running specialty stores. The award was attributed to Nike's growth in sales to Fleet Feet stores, as well as its customer service, product
La Jolla Names New Executives
La Jolla Group promoted Erik Forsell to the position of vice president of brand development and Bill Gage to vice president of sales and marketing for Metal Mulisha.Forsell and Gage, who will report to CEO Toby Bost, will be based out of the La Jolla Grou
Osiris Girls to Launch Becky Bones Shoe Line
San Diego-based skate/surf lifestyle brand, Osiris Girls, has licensed the eco-inspired character Becky Bones and her friends for an upcoming line of shoes. Becky Bones, LLC, which donates 25% of its’ licensed profits to environmental causes, will launc
Woolsey leaves Confluence
A month after Confluence Watersports named a new CEO, the paddling company's top sales and marketing executive has resigned, SportsOneSource has confirmed. Kelley Woolsey, EVP sales and marketing at Confluence Watersports, has resigned. Confluence�
Rottefella AS President Resigns to Join Swix
Ulf Bjerknes has resigned as president of Rottefella AS to take a position as managing director of Swix AG by June 1. Bjerknes, who became the managing director of Rottefella in 2003, leaves the Norwegian company positioned as a market leader in the devel
Canoe Association Names New Chief
The American Canoe Association (ACA) today announced the appointment of Martin A. Bartels as executive director. In this role he will work with the association’s board of directors and staff to promote safe paddlesport recreation and stewardship of the pa
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