Just one week after announcing the head of its firearms division would take the leadership reins for the overall company Smith & Wesson Holding Corporation has made the decision to divest its perimeter security business in order to focus on its core firea
Author: James Hartford
Golfsmith Makes South Africa Push in MoreGolf Partnership
Golfsmith International Inc. has entered into an exclusive partnership with The MoreGolf Group, the largest golf retailer in South Africa. The retailer said the agreement with MoreGolf signals a continuance of Golfsmith's global strategy aimed at for
Shoe Carnival Launches E-Commerce Website
Shoe Carnival, Inc. has launched its e-commerce website at ShoeCarnival.com. The new site is boasting over 1,500 styles of footwear and accessories from Nike, Adidas, Puma, Skechers, Sperry and others…
BRC: U.K.Retail Price Inflation Remained Steady in September
The British Retail Consortium (BRC) is indicating that overall U.K. retail store price inflation remained at 2.7 percent in September. Food inflation was unchanged at 5.0 percent in September. Non-food inflation fell to 1.3 percent in September from 1.4 p
NRF Sees 97 Percent of Chain Retailer Utilizing Background Checks
As retailers across the country begin to hire hundreds of thousands of holiday employees, the National Retail Federation released a survey that illustrates the importance of employee background screenings in keeping customers safe…
Rossignol Adds New Nordic Division Manager
The Rossignol Group has hired Ryan Green as its Nordic division manager for the U.S. market…
Former Impact Sports Owners Sued by Lids Team Sports
Hat World, Inc., a division of Genesco, Inc. also known as Lids Sports Group, last week filed suit against the former owners of Impact Sports, the team dealer acquired by Lids as part of its move to build a national team dealer network. The defendants, i
Source for Sports Appoints New President as Hooper Retires
Source For Sports of Canada has appointed former SC Johnson executive Brad Hause as president effective Sept. 6, 2011, putting him at the helm of a member-owned buying group of more than 200 locally owned retail locations. Hause will replace Randy Hooper
ASA Sees Challenges to Rec Fishing From Faulty Fed Fisheries Management
The American Sportfishing Association is suggesting that, by approving regulations that limit or possibly close numerous marine fisheries to recreational fishing despite a lack of scientific data, the Gulf of Mexico and South Atlantic Fishery Management C
Marcovitch Named President and CEO at Coleman
Robert F. Marcovitch has been named president and CEO of The Coleman Company, Inc., effective September 1, 2011. Marcovitch joins Coleman from his current role as President and CEO of K2 Sports, a Seattle-based global manufacturer of skis, snowboards and
Hibbett Sports Fiscal Q2 Net Income Surges 48 Percent
Hibbett Sports, Inc. reported that net sales for the fiscal second quarter ended July 30 increased 9.5 percent to $153.1 million compared with $139.8 million for the year-ago period. Comparable store sales increased 5.9 percent for the 13-week period. Ne
Canadian Tire Names New Forzani Management Team
Canadian Tire Corporation, Limited and The Forzani Group Ltd. has announced a new executive team for FGL comprised of top talent from the existing FGL and Canadian Tire executive teams. Michael Medline, former president of Canadian Tire's automotive
Li and Fung H1 Profits Decline Despite Strong Revenue Gains
Li & Fung Limited posted strong revenue growth for the first six months of 2011, with revenues growing 33 percent to $8.80 billion. The Group reported profit attributable to shareholders of $236 million, a decrease of $15 billion over the same period in 2
Finish Line Releases Mobile App for Apple and Android
Finish Line has launched the latest addition to its advanced mobile commerce platform—a new app available for Apple and Android devices…
JC Penney Posts Flat Q2 Net Income on Small Comp Gain
J. C. Penney Company, Inc. reported net income of $14 million, or 7 cents per share, for the second quarter ended July 30, including previously announced restructuring charges. Comparable store sales for the second quarter rose 1.5 percent. Total sales d
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