Crocs has entered into a definitive agreement to acquire Jibbitz, LLC for $10 million in cash, plus a potential earn-out of up to $10 million based on certain earnings targets. Jibbitz markets and sells small, button-like accessories and ornaments for Cro
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
DOD Stops Wind Power Plant Blockade…
In June, the Sierra Club filed suit against Donald Rumsfeld and the U.S. Department of Defense for blocking the construction of new wind power plants on the grounds that they interfered with the various Department of Defense facilities.
In order to opera
REI Takes on TXDOT and Wins…
REI has sparked a local firestorm against the Texas Department of Transportation. The retailer recently won an eminent domain lawsuit concerning Texas’ Katy Freeway expansion project that forced REI to relocate after part of its parking lot was taken away
Zumiez Sept. Comps Climb 14%…
Zumiez Inc. posted a 47.3% increase in sales for the month to $28.7 million from $19.5 million last year. The company's comparable store sales increased 14.9% on top of a 10.1% increase last year. Management attributed the sales growth to both new an
Vail Resorts Sees Strong Fiscal 2006 due to Colorado Snow…
Vail resorts reported strong revenue increases for the 2006 fiscal year due to increased skier visits, partially offset by slower real estate sales. Total revenue increased 3.5% to $838.9 million from $810.0 million last year. The mountain segment saw a 1
NGF: August Rounds Played Decline Slightly
According to the National Golf Foundation, rounds played dropped 0.8% in from the same period in 2005, based on same-store sales. The year-to-date percentage change, which has gradually given back gains posted earlier in the year, now stands at +1.4%. The
Shoe Pavilion Posts 28% Q3 Sales Jump
Shoe Pavilion, Inc. reported a 28.1% increase in net sales for the third quarter to $31.8 million from $24.8 million for the same period last year. Comparable store net sales for the third quarter increased 3.7%. For the third quarter, the company is expe
Easton Sports Sponsors Florida Baseball
Easton Sports, which has more than 90 universities on its sponsorship roster, can now add Southeastern Conference (SEC) powerhouse Florida to its lineup. Florida has signed a multi-year deal which will begin in 2007. The agreement slates Florida to wear
Chums and Chisco to Merge
Outdoor industry accessory manufacturers, Chums and Chisco intend to merge, with completion of the process expected to occur in November. The new consolidated company will be headquartered at Chisco’s current Salt Lake facility and warehouse. All manufact
Federated September Comps Up 6.2%
Federated Department Stores, Inc. saw September sales total $2.303 billion, a 6.5% decrease from $2.464 billion during the same month last year. Management attributed the sales decline to the divestiture or clearance of 78 duplicative store locations over
TJX September Comps Increase 9%
The TJX Companies, Inc. saw sales of $1.70 billion for the month of September, which represents an increase of 14% over the $1.5 billion result posted during the same month last year. Consolidated comparable store sales for the month increased 9% over las
Saks September Comps Jump 10%; Sales Drop 33.1%
Retailer Saks Incorporated sawcomparable store sales for the overall company increase 10.0% for the month of September, while total sales decreased 33.1% to $343.1 million due to the sale of a large portion of the company's SDSG segment. By segment,
Ross Stores Posts 6% September Comps Gain
Ross Stores, Inc. posted a 12% increase in September sales to $499 million from $446 million in the same period last year. Comparable store sales for the month rose 6% on top of a 9% gain in the prior year…
Costco September Sales Up 8%; Comps Up 4%
Costco Wholesale Corporation saw September sales amount to $5.56 billion, representing an increase of 8% from $5.14 billion reported for the same month last year. Comparable sales increased 4% in the month, with 3% of the gain coming from the domestic mar
Pacific Sunwear September Comps Slip 2.4%
Pacific Sunwear of California, Inc. reported total sales for the month of September were $118.4 million, an increase of 4.2% over total sales of $113.7 million during the same period last year. Total company same-store sales decreased 2.4% during the same
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