After passing the $100-billion mark just three years ago, online sales will top $200 billion this year. According to The 2006 State of Retailing Online, the ninth annual Shop.org study conducted by Forrester Research, Inc., of 174 retailers, 2006 online s
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Academy Snowboard Sees International Expansion
Academy Snowboards' international sales are up on a year to date basis of approximately 98%, according to Execute Sports, Inc., owner of the Academy brand. In addition, Academy Snowboards has added Greece, the Czech Republic and Poland to its list of
Sport Chalet to Open 41st Store
Sport Chalet, Inc. will celebrate the grand opening of its new 40,000 sq. ft. store located at 1350 North Moorpark Rd., Thousand Oaks, California 91360 on Friday, May 26th. This location will feature an on-site SCUBA training pool, which will open late su
lucy Opens Two Chicago-Area Stores
lucy will open its third and fourth stores in Illinois over Memorial Day weekend. Set to debut on Friday, May 26 in Northbrook Court and Monday, May 29 in Oakbrook Center, each store creates a friendly, energized environment for lucy customers…
Sport-Haley Q3 Sales Up 5%; Shrinks Net Loss
Sport-Haley, Inc. net sales for the fiscal third quarter were $4.7 million, an increase of 5% from net sales of $4.5 millioni for the same quarter last year. Net sales of Ben Hogan apparel were $2.4 million for the quarter, an increase of 4% from net sale
Mossimo Q1 Revenues Fall 43.7% on Target Rebate
Mossimo, Inc. reported first quarter 2006 total net revenues of $4.9 million, down 43.7% from $8.7 million for the same period last year. The company reported a first quarter net loss of $1.17 million, which included a non-recurring charge of $6 million,
First Quarter a Mixed Bag for Sports Retailers…
The U.S. sports retailer business was a bit of a mixed bag in the first quarter as early numbers from the public companies started to come in over the last two weeks. Dick’s Sporting Goods and Big 5 Sporting Goods both posted solid comp store sales gains
Foot Locker Gets Mall Momentum Back, But Europe Impacts First Quarter…
What a difference a year (and Nike) makes in the mall. It seems like just yesterday that Finish Line was the high-flying format in the mall and Foot Locker, Inc. was playing catch-up, languishing in a heavy promotional cycle and lacking a significant pos
The Finish Line Cuts Guidance for Q1 and Year on Softer Sales…
FINL shares fell 18% last week to close at $12.12 on Friday after The Finish Line, Inc. issued revised sales and earnings guidance for its first fiscal quarter ending May 27 and the full year ending March 3, 2007. The retailer reported that it now expects
Shoe Carnival Posts Solid Q1 on Non-Athletic Gain…
Shoe Carnival, Inc. saw both footwear units and average selling price increase for the first quarterly reporting period in a long time on their way to posting the highest quarterly earnings ever recorded for the company. Comp store sales for the first qu
Hibbett Sees Mall Challenges Impact Q1 Gains; May Look Outside Small Market Strategy for Growth…
Hibbett Sporting Goods, Inc. saw HIBB shares fall 13.5% for the week to close at $25.50 on Friday after posting a fiscal first quarter with a very slight decrease in comp store sales that fell short of analysts’ expectations. At issue is some weakness du
Zumiez Sees Near 20% Q1 Comps Jump…
Zumiez Inc. had a busy end to the company’s first quarter, posting strong sales results which converted last year’s net loss to a gain this time around and executing a two-for-one stock split of its common stock near the end of April.
Total net sales for
SportsOneSource to Launch Conference Series at SGMA Spring Market in 2007…
SGMA has partnered with The SportsOneSource Group to present a running specialty retailer conference in conjunction with the Spring Market. The conference will focus on the specific needs of the running specialty retailer in areas such as best practices,
Zumiez Hits Fast Forward Button on Expansion…
Zumiez, Inc. signed a definitive agreement to acquire action sports retailer, Fast Forward. Fast Forward operates 19 stores, 16 of which are in Texas, with one store in California and two stores in Oklahoma. The chain had sales of “slightly under $24 mill
South American Contract Dispute Will Hurt Nike’s Bottom Line…
Nike, Inc. received a less that hoped for ruling in an arbitration case arising from a contract dispute between the company's Converse subsidiary and Alon International, S.A., a former licensee for Converse in Brazil, Argentina, Paraguay, and Uruguay
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