Cold as Ice Sees Sales Boost

Late business boosts the success of Cold As Ice in their continuing effort to pioneer new ground for women’s snowboard apparel. The company found itself happily asking, “who turned on the snowboarding faucet again”? After several quarters of the sport bei

Montbell Opens New Distribution Center

MontBell America announced that it will add a new distribution and service center in Boulder, Colorado.
The 7000 square feet facility located in Wilderness Place in Boulder will serve as a distribution and service center for its own retail operation and

Costco August Comps Climb 9%

Costco Wholesale Corporation reported net sales of $3.41 billion for the four weeks ended August 31, 2003, an increase of 13 % from $3.02 billion in the same four-week period of the prior fiscal year…

American Eagle August Same Store Sales Off 10.3%

American Eagle Outfitters announced that total sales for the four-week period ended August 30, 2003 decreased 0.6% to $155.6 million, compared to $156.5 million for the four-week period ended August 31, 2002. Comparable store sales for the American Eagle

Aeropostale Reports August Comps Up 1.6%

Aeropostale announced that total net sales for the four-week period ended August 30, 2003 increased 26.3% to $87.4 million, compared to $69.2 million for the four-week period ended August 31, 2002. The company's comparable store sales increased 1.6%

Rocky Announces New Board Member

Rocky Shoes & Boots announced Harley E. Rouda, Jr., has been appointed to its Board of Directors. He is serving as a Class I Director and the term expires at the company's Annual Meeting of Shareholders in 2005. Mike Brooks, Chairman and Chief Execut

Positive Industry Trend Continues, But Slows…

Vendors and manufacturers in the industry kept the positive trend moving ahead in the 2003 second quarter, but saw sales growth and profit growth slow a bit from the first quarter results. Much of the slower growth can be attributed to the pull-back seen

Retail Execs See Brighter Days Ahead…

The planets seem to be aligned for retailers right now if the latest Retail Sector Performance Index is any indication. The latest Executive Opinion Survey conducted by National Retail Federation (NRF) and the Bank of Tokyo Mitsubishi Ltd. (BTM) shows th

The New Sports Authority Looks More Like the Old Gart…

Shares of The Sports Authority hit a new 52-week high last week as the new team of the recently merged entity laid out a bit of its vision for the only national sporting goods chain. Doug Morton, the CEO and vice chairman of the new company, was clearly

TAF Frees Up Cash in Bond Deal…

The Athlete’s Foot has been able to do something that few, if any, retailers have been able to do — capitalize financially on its brand name. The retailer and global franchisor of athletic specialty stores last week announced a securitization transactio

Kmart Narrows Loss; Comps Still Down…

Kmart reported a much smaller loss in the 2003 fiscal second quarter, but sales were still stuck in the doldrums as the discount retailer fights to re-build consumer traffic and sales after its emergence from Chapter 11 bankruptcy protection…

Forzani Sees Big Upside in Close-outs…

Meanwhile, north of the border, Canada’s largest sporting goods retailer and franchisor saw the western provinces drag down sales results in the fiscal second quarter, with British Columbia and Alberta comping down “slightly over 5%” for the quarter compa

adidas Issues Bonds for Balls……

Published reports last week had adidas-Salomon making a $135 million cash bid for Top-Flite Golf Company, topping the $125 million offer made by the appointed stalking horse, Callaway Golf Company. The bids are part of the 363 asset sale required in Top-F

Ashworth Swings to Profit in Fiscal Q3…

Ashworth, Inc. is looking to the retail and department store channel to grow its business going forward as the core green grass business continues to suffer from the weak economy and this year’s weather woes…