Goody's Family Clothing reached an agreement in principle with an affiliate of Sun Capital Partners, Inc. to be acquired for a cash price of $8.00 per share. It is anticipated that definitive agreements will be executed within the next 48 hours. Good
Author: SGB Media
Gottschalks September Comps Down 0.5%
Gottschalks same store sales for the month of September 2005 decreased 0.5% from the prior year. Total sales for the month increased 1.7% to $57.7 million from $56.8 million in September 2004…
Dragon Hires New Amature Surf Team Manager
Dragon Optical hired Chris Abad as Dragon's amateur surf team manager. Chris has been a sponsored professional athlete himself on the Dragon team for the past six years and is a great fit to manage an amateur surf team…
The Buckle’s September Comps Fall 1.4% Due to Hurricane Impact
The Buckle's sales for the five-week period ended October 1, 2005 increased by 3.0% to $44.7 million from sales of $43.4 million in the corresponding five-week period ended October 2, 2004. Comparable-store sales for the five-week period ended Octobe
Shoe Carnival September Comps Jump 6.5%
Shoe Carnival reported that sales for the five-week period ended October 1, 2005 increased 10.4% to $51.1 million from sales of $46.3 million for the five-week period ended October 2, 2004. Comparable store sales increased 6.5% in September 2005…
Miller Sports Technologies to go Public on OTCBB
Public Company Management Corporation's subsidiary, GoPublicToday.com inked contract agreement with Miller Sports Technologies, which operates under trade name Revolution Manufacturing. Under the contract, GoPublicToday.com will assist Miller Sports
Nordstrom Comps Climb 4.1% in September
Nordstrom reported preliminary sales of $636.7 million for the five-week period ending October 1, 2005, an increase of 6.4% compared to sales of $598.4 million for the five-week period ending October 2, 2004. Same-store sales increased 4.1%…
Deckers Looking for New Director After NASDAQ Notice
Deckers Outdoor Corporation received a NASDAQ Staff deficiency letter on October 3, 2005 indicating that the Company fails to comply with the independent director requirement for continued listing set forth in NASDAQ's Marketplace Rules, which requir
Mammoth Sold to Starwood; Intrawest Keeps Minority Share
Mammoth Mountain Ski Area signed an agreement to sell a majority interest to an affiliate of Starwood Capital Group Global, L.L.C., valuing the company at $365 million. Rusty Gregory will retain his position as Chairman and CEO of Mammoth Mountain, and wi
Wolverine Third Quarter Sales Climb 7%; Increases Full-Year Guidance
Wolverine World Wide third quarter 2005 revenue totaled $279.1 million, a 7.0% increase over third quarter 2004 revenue of $260.9 million. Earnings per share for the third quarter of 2005 were 42 cents compared to 37 cents reported for the third quarter o
PacSun Appoints Wendy E. Burden as New COO
Pacific Sunwear announced that Wendy E. Burden has been appointed to the position of Chief Operating Officer effective November 8, 2005. Ms. Burden will report to Seth Johnson, the Company's Chief Executive Officer, and will be responsible for store
Yakima Issues Recall of Mighty Joe 2 and 3 Racks
Yakima Products issued a product recall of its Mighty Joe 2 and Mighty Joe 3 bicycle racks. Yakima is voluntarily recalling all Mighty Joe 2 and Mighty Joe 3 racks due to safety concerns revealed following extensive product testing. Yakima notified the
Trails.com Experiences Record Year
2005 has been a record year for Trails.com. The company has experienced record growth rates with key industry metrics including subscription sales, website traffic and site registrations. As a result the company has increased staff, moved into a new corpo
Consumers Use Internet First and Most
As the holiday shopping season approaches, a BURST! Media survey reveals that three-quarters (76.6%) of respondents are online shoppers. Significantly, three out of five (62.8%) online shoppers say the Internet is their primary source of information when
Winterstick Hires Two New Reps
Winterstick hired two new sales reps to cover the Northeast and Southern California regions. Laury Aitolla will service the Southern California territory, where he currently represents Helly-Hansen, Hestra, Icer, Joystick, Leedom, Line skis, and the Teto