After five years at the helm of Rutabaga, store co-owner Jeff Weidman is reducing his day-to-day involvement, as well has his share of the business. Darren Bush, Weidman’s business partner, will be stepping up and taking on more responsibility. Bush has b
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Garmin Inks Deal to Acquire Its Danish Distributor…
Garmin signed a letter of intent to acquire Fairpoint Navigation, the distributor of the company's consumer products in Denmark. The completion of the acquisition – expected to occur in January 2008 – depends on negotiations and the execution of a de
Conservation Alliance Distributes $400K in Grants…
The Conservation Alliance sent checks totaling $400,000 to 17 organizations working to protect wild places throughout North America. The donations marked the Alliance’s final disbursal of funding for 2007, and represent the largest single funding round in
E-Z-GO Names California Rep
E-Z-GO has hired Jeff Feldman as regional sales representative for California. Feldman comes to E-Z-GO from ProLink Solutions, a leading provider of GPS systems for golf courses, where he served as regional sales executive the past four years…
West Marine Q3 Sales Down 4.1%; Comps Inch Up 0.3%
West Marine, Inc. saw same store sales increase 0.3% for the third quarter. Net sales for the period decreased 4.1% to $187.5 million from $195.6 million a year ago, following the closing of 35 stores in 2006. For the thirty-nine weeks ended September 29,
Macy’s September Comps Slip 2.7%
Macy's, Inc. saw total sales for September decrease 1.1% to $2.27 billion from $2.3 billion a year ago. On a same-store basis, sales were down 2.7%, within the company's guidance to be in the range of down 1% to 3%. Macy's expects same-stor
Garmin Looks to Continue Int’l Distributor Acquisitions
Garmin Ltd. has signed a letter of intent for the proposed acquisition of Fairpoint Navigation A/S, the distributor of Garmin's consumer products in Denmark. The completion of the acquisition remains subject to the negotiation and execution of a defi
TJX Co’s. Post 4% Comps Gain in September
The TJX Companies, Inc. reported a 5% increase in fiscal September sales to $1.8 billion from $1.7 billion reported for the same period last year. For the 35 weeks ended October 6, 2007, sales reached $11.7 billion, a 7% increase over last year's $10
Nike Names CEO of Hurley; VP of Global Apparel
Nike, Inc. named Jill Stanton as VP of global apparel for the Nike brand. She succeeds Roger Wyett, who has been named CEO of Hurley International. Joe Serino, who brings over 25 years of experience in the apparel industry, will become the new VP of appar
Cabela’s Adds Former West Marine CEO to Board
Cabela's Incorporated has added John H. Edmondson to its Board of Directors. Mr. Edmondson brings extensive merchandising experience and a strong marketing background to the Cabela's board. Most recently, he was with West Marine, Inc., serving a
Zumiez Sees 13.9% Jump in September Comps
Zumiez Inc. saw comparable store sales increase 13.9% for fiscal September after increasing 14.9% in the same month last year. Total net sales for the five-week period ended October 6, 2007 increased 11.8% to $32.1 million, compared to $28.7 million for t
City Sports Names Connor as President; Scales as COO
City Sports named Jeff Connor as president and Sean Scales as chief operating officer. Connor is just the 2nd president in the company’s 24 year history. Connor is replacing co-founder and President Eric Martin who passed away in September due to illness.
Quiksilver Opens Store in Toronto
Quiksilver has opened a 2,300-square-foot, company-owned, full-priced retail store on Queen Street in the heart of one of Toronto's most vibrant communities. The new store, the company's second in Canada, offers a distinctive selection of Quiks
NBA Opens adidas NBA Concept Shop in Turkey
NBA Commissioner David Stern, Erich Stamminger, president and CEO of the adidas Brand and members of the Minnesota Timberwolves opened the first adidas NBA Concept Shop in Europe in Istanbul, Turkey on Friday. The shop coincided with NBA Europe Live prese
RECALL: Razor Electric Scooters
Razor USA LLC, of Cerritos, Calif. and the CPSC are recalling approximately 20,000 Razor E300 Electric Scooters, because a weld can break causing the handlebar to detach. This can cause the rider to lose control and fall from the scooter. Razor has receiv
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