Shoe Carnival, Inc. reported sales for the five-week period ended October 4, 2003, increased 11.7% to $44.4 million from sales of $39.8 million for the five-week period ended October 5, 2002. Comparable store sales increased 1.8% in September 2003…
Author: James Hartford
Variflex Swings to Fiscal Year-End Profit on 24.5% Sales Gain
Variflex, Inc. announced a return to profitability for the fiscal year ended July 31, 2003. The Company also announced that it has entered into an exclusive licensing agreement with World Industries, a leading skateboard manufacturer. VFLX reported fisca
LL Bean Grabs a Best of Web Award; Launches New Site
After just be named “Best Catalog Website” by the Web Marketing Association's 2003 WebAward competition, llbean.com has re-launched its website with expanded features, improved functionality and faster checkout…
SportsLine.com and AOL Cutting Back Relationship
SportsLine.com, Inc. announced that it has modified its relationship with America Online (AOL) by terminating its existing agreement with AOL and entering into a new agreement. Under the terms of the new agreement, SportsLine.com will no longer receive pr
Cybex Gets Customer Service Award
Cybex International, Inc. has been named as the top manufacturing enterprise in providing superior customer responsiveness. As the recipient of the Manufacturing Enterprise Solutions Organization International (MESA) award for 2003, Cybex placed first in
Dick’s SG to Anchor New Charlotte Mall
A Dick's Sporting Goods store will join previously announced Belk, Dillard's and Hecht's as an anchor at Northlake Mall in Charlotte, N.C. The Dick's commitment was made public Wednesday at the groundbreaking for the 1.1 million squar
Speedo Appoints Creative Director
Christopher Montella has been named Director of Creative Services for Speedo®, according to an announcement made by Roger Williams, president and COO of The Warnaco Swimwear Group. Prior to joining Speedo, Montella served in various marketing positions at
Green to Sell 6.2 Million Shares of Big 5 Stock
Big 5 Sporting Goods Corporation has filed a shelf registration statement registering for resale 6,171,074 shares of its common stock held by Green Equity Investors, L.P., pursuant to GEI's registration rights with Big 5. Big 5 will not receive any o
Nike Memphis DC Upgrade Could Add $100 Million to Local Economy
Nike Inc. plans to launch a $65 million upgrade to its two Memphis distribution centers in a move that will create 338 jobs over four years. Nike is seeking tax breaks for the project through the Memphis and Shelby County Industrial Development Board
Value City Adopts Holding Company Structure
Value City Department Stores, Inc. on Tuesday announced the adoption of a new holding company structure for its operating units and a stand-alone service organization. Value City Department Stores, Inc. will become a wholly owned subsidiary of Retail Ven
Nautilus Loses Latest Round in Suit Against ICON
A U.S. Federal District Court has granted ICON Health and Fitness, Inc.'s Motion for Summary Judgment of Non-Infringement under the Doctrine of Equivalents. Nautilus will appeal this decision to the Federal Circuit Court of Appeals once the District
NPD: Kids Spending Less on Apparel
Trailing twelve month purchases for tween and teen apparel for the period ended July 2003 decreased 17.6% and 13.8% in dollar volume, respectively, according to leading market information company The NPD Group, Inc. This compares to a 6.3% decline from 2
Malden Mills Snags $19 Million in Defense Department Deal
Malden Mills Industries Inc., makers of Polartec performance textiles, announced that the U.S. Congress has approved $19.1 million for Polartec garments for the U.S. Military in the 2004 Defense Spending Bill. Included in this funding is $3 million to co
SGMA Elects New Board Members
SGMA International re-elected Dick Kazmaier as to Chairman of the Board of the trade association. adidas EVP Tim Joyce was re-elected as Vice Chairman. Tom Rogge maintains his position as Secretary/Treasurer and John Riddle was re-appointed President/CE
Nordstrom September Comp Store Sales Increase 7.7%
Nordstrom, Inc. reported preliminary sales of $563.7 million for the five-week period ending October 4, 2003, an increase of 11.4% compared to sales of $505.9 million for the year-ago period. Same-store sales increased 7.7%…