The Elder-Beerman Stores Corp. has entered into an amendment to its existing merger agreement with Wright Holdings, Inc. for the sole purpose of increasing the consideration payable to Elder-Beerman shareholders from $6.00 per share in cash to $7.05 per s
Author: James Hartford
Eggers to Serve as Interim GMM at The Athletes Foot
The Athlete's Foot has named industry-veteran Chuck Eggers as General Merchandise Manager. Eggers brings over 28 years of GMM and footwear experience to the retailer. Eggers will oversee both merchandising and marketing. He has joined the company a
Wilson Partners with AEG to Promote WTA Champoinships
Wilson Racquet Sports has signed on to become the Official Grassroots Marketing Partner and consultant for the WTA Championships with AEG. AEG owns and operates the Staples Center in Los Angeles, CA. where the WTA Championships will be held in November..
Bauer Nike Hockey Restructures U.S. Unit
Bauer Nike Hockey announced a restructuring of its U.S.-based sales and service network to further enhance its ability to serve major American markets and maximize retailer profitability. The realignment initiatives, which take place October 1, 2003, inc
Bauer Nike Hockey Makes Key Management Appointments
As part of its recently announced restructuring of its U.S. Sales & Service organization, Bauer Nike Hockey has announced three key management assignments.
o Tom Maher will be promoted to Reg'l Business Director – U.S.
o Paul Healey is appoin
Bauer Nike Hockey Makes Sales Changes
As part of the announced restructuring of its U.S.-based sales and service network, Bauer Nike Hockey has made a number of sales changes. Dedicated reps include Dan Hill in the New York Metro territory, Rob Badger in the Mid Atlantic territory, Ryan Puch
Cutter and Buck Posts Fiscal Q1 on Flat Sales
Cutter & Buck Inc. swung to a $1.1 million net income in the quarter year ended July 31, 2003 which includes $3.2 million pretax profit from our remaining wholesale business. It also includes $1.7 million pretax restatement expenses, including expenses to
Cutter and Buck Appoints Product Group Head
Cutter & Buck announced the appointment of Henry Fielding as Vice President and Manager of the Products Group. He will be responsible for the departments that develop the company's line plans and merchandising approaches, design and develop the prod
Callaway Appoints Penicka to Head Top-Flite
Callaway Golf Company announced that Bob Penicka will be appointed as President and Chief Operating Officer of Top-Flite(R) Golf Company, a wholly-owned subsidiary of Callaway Golf, upon the completion of the acquisition of Top-Flite's assets later t
Quiksilver Fiscal Q3 Profits Jump 35.2% on 44% Sales Gain
Quiksilver, Inc. announced consolidated revenues for the fiscal third quarter of fiscal 2003 ended July 31, 2003 increased 44% to $251.5 million. Consolidated net income for the quarter was $11.9 million, or 21 cents per diluted share, compared to $8.8 m
ProfitLogic Acquires Spotlight Solutions
ProfitLogic, whose suite of Merchandise Optimization solutions helps retailers make more profitable merchandising decisions, announced its acquisition of Spotlight Solutions, the number two player in the Merchandise Optimization market…
NRF Upset Over Senate Overtime Vote
The National Retail Federation expressed its extreme disappointment at the Senate's vote to block a badly needed Department of Labor update of the nation's overtime laws. NRF will continue to seek implementation of the update…
Footstar Athletic Merges Footaction and JFF Teams
Footstar has completed the consolidation of the Footaction and Just for Feet businesses under the Footstar Athletic umbrella. The two athletic ran separate merchandising, marketing and store operations organizations after combining their marketing, plann
Brunswick Settles Precor/Life Fitness Action
Amer Group Plc has recognized a gain of $23 million following the amicable settlement of a patent litigation case in the U.S. The Life Fitness division of Brunswick Corporation will pay the settlement amount in two annual installments in 2003 and 2004, i
Joy Files Chapter 11 as Factor Goes South
Joy Manufacturing filed for Chapter 11 bankruptcy protection Tuesday after the collapse of its factor, E.S. Bankest, left it unable to pay its bills, said Larry S. Schantz, the company's attorney in report in the Miami Herald. Schantz said in the r
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