TJX Cos., the owner of retailers TJ Maxx, Marshalls and others, announced today a two-for-one stock split on the heels of better-than-expected same-store sales for December. Sales for the five-week period ended Dec. 31 rose 8 percent to over $3 billion..
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Former NSGA Board Member Tony Rosati, Sr. Passes Away
Former NSGA Board member Anthony (Tony) Rosati, Sr., former owner and president of Lansing Sport Shop and one of three founders of Team Athletic Group (TAG), passed away on December 31, 2011. He was 86 years old…
Sears to Close 100-120 Stores After Lackluster Holiday Sales
Sears Holdings Corp plans to close between 100 and 120 Sears and Kmart stores after poor sales during the holidays, the most crucial time of year for retailers. In an internal memo Tuesday to employees, CEO and President Lou D'Ambrosio said that the
Dick’s SG to Open New Store in South Carolina
Dick's Sporting Goods plans to open a new store location in Bluffton, SC, according to blufftontoday.com. The store will occupy 30,000-square-foot retail space in Bluffton's Target Center, and it will mark the first tenant in the location in mo
Superga Gains Distribution Agreement for China and Hong Kong
BasicNet S.p.A. has signed a three-year agreement – with a renewal option for an additional three years – with Hong Kong-based Electric Sekki Ltd. for the distribution of the Superga brand in China and Hong Kong. The Superga brand will be distributed thr
Dick’s SG Plans New Store in Michigan
Dick's Sporting Goods is planning to open a store on South Westnedge Avenue in Portage, MI, according to mlive.com. The store will be built in the location of a former Kmart…
Ecco hires MaryBeth Cobia as Territory Manager for USA Golf Division
Danish brand Ecco announced that MaryBeth Cobia has been hired as Territory Manager for the Ecco USA Golf Division. In her new role, Cobia will support key national accounts and oversee the company's Comfort Tech Van…
National Retail Federation Upgrades Holiday Forecast, Calls for Sales to Rise 3.8 Percent
With just ten days until Christmas, the National Retail Federation (NRF) has revised its holiday forecast upward, expecting holiday sales to rise 3.8 percent this year to a record $469.1 billion. NRF’s initial forecast, announced on October 6, calle
Hibbett Makes Big Donation to Smithville, MS School
Hibbett Sporting Goods, Inc., along with several vendors, recently presented more than $100,000 worth of donations to Smithville Schools in Smithville, MS as part of its Hibbett Sports Operations Sports Renovation program…
MoGo Announces Independent Representative Sales Force
MoGo Sport, the developer of high performance flavored mouthguards, announced the hiring of an independent representative sales force and international distributor…
Wilson Partners with Chicago Bulls Center on New Basketball Line
Wilson Sporting Goods Co. recently announced a new partnership with Chicago Bulls center Joakim Noah to provide a new basketball line. The innovative line will be sold globally with its attention focused in France, where Noah will do a number of appearanc
Smith and Wesson Q2 Sales Jump 10.5 Percent
Smith & Wesson Holding Corporation reported second-quarter revenues rose 10.5 percent to $92.3 million as strength across nearly all firearm products offset a decline in hunting product sales. ..
New Era to Open Newest Flagship Store in Los Angeles
New Era announced Los Angeles as the location for its eleventh flagship store globally, and the brand's first west coast retail space…
MLB Becomes First Major Professional Sports League to Implement Media Dress Code
Major League Baseball (MLB) created and passed a dress code for members of the media on Tuesday, putting the guidelines in writing on Dec. 6, the second day of the Winter Meetings in Dallas. The guidelines are the first of its kind among the four major N
G-III Q3 Sales Up Slightly
G-III Apparel Group, Ltd. reported slight increases in sales for the third quarter of fiscal 2012 that ended October 31, 2011. The company said that, for the three months ended October 31, 2011, net sales increased to $510.0 million from $450.0 million i
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