Shop.org released its annual study, The State of Retailing Online 8.0 conducted by Forrester Research, which announced that of 137 retailers surveyed, 2004 online sales rose 23.8% to $141.4 billion. Excluding travel, online retail sales also rose 23.8% to
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
The Sports Authority Sees Q1 Comps Inch Up 1.8%
The Sports Authority, Inc. announced results for its first fiscal quarter ended April 30, 2005, in which net income was $8.0 million, or 30 cents per diluted share compared with $4.2 million, or 16 cents per diluted share, including merger integration cos
First Quarter Sees Softgoods Vendors Shine…
Acquisitions again played a large role in assisting sporting goods industry Softgoods vendors to post stronger earnings in the first quarter, but Hardgoods vendors as a group took a hit as weakness in the Golf sector and a tougher-than-usual Q1 for the Wi
Dick’s SG Completes Galyans Integration Ahead of Schedule; Shakes Off Weather…
Dick's Sporting Goods, Inc. has completed the conversion, re-merchandising, and grand re-opening of all of the former Galyans stores that will remain in the company portfolio and will start reporting comp store sales for those stores a quarter ahead
Hibbett SG Stays Committed to Brands to Deliver Another Solid Quarter…
Hibbett Sporting Goods reiterated its commitment to brands last week, shrugging off analysts’ suggestions about the opportunity in private label. Why an analyst would want to tinker with this model is a mystery as Hibbett just keeps posting strong perfor
Foot Locker, Inc. Feelin’ More Love from Nike as Marquee Product Boosts U.S. Gains…
Foot Locker expects to see its future outlook improve as increased access to marquee product continues to fuel growth in the U.S. business, particularly at Champs. The DotCom business is coming back and Footaction sales and profits are exceeding expectat
Shoe Carnival Gets Energy from Dress, Fashion, and Performance in Q1…
Shoe Carnival, Inc. said it posted the highest quarterly earnings in the company’s history in Q1, thanks in large part to their third consecutive quarter of comp store sales growth, along with continued gross margin improvement and leveraging of SG&A expe
Bob’s Stores Posts Q1 Operating Loss on Lower Sales and More Stores…
TJX reported that sales at Bob's Stores were “slightly less” than they had anticipated for the first quarter, as the 34 store unit celebrated its first anniversary quarter under the TJX umbrella by posting a 3.1% decline in total sales to $59.4 milli
New Gander Mountain Doors Continue to Drive Growth…
Gander Mountain fought through its seasonally-slow first quarter with its usual strategy to bolster sales – open more stores. The company opened six new stores, including one relocation, bringing the total store count to 87 at the end of the quarter. Gand
Orange 21 Keeps Q1 Losses in Check…
Orange 21 beat analyst’s expectations for the first quarter and kept the company’s net loss under control in spite of new sales and marketing initiatives in the U.S. and Europe. Historically, the first quarter has been the slowest quarter in sales for Ora
Riddell Bell Restructures; Will Shutter Chicago Presence…
Riddell Bell Holdings first quarter showed a 209.2% increase in sales due entirely to the acquisition late last year of Bell Sports. The company said that it will not attempt to give comparable results for the separated businesses, and combined results wi
Sport-Haley Reduces Fiscal Q3 Loss on Ben Hogan Strength…
Sport-Haley net sales fell 17.0% to $4.5 million in their fiscal third quarter from net sales of $5.4 million in Q3 last year. The decline was primarily due to the discontinuance of “Haley” men's fashion golf apparel from the spring ‘05 line along w
Soccer Kit Price Fixing Appeal Declined…
The BBC is reporting that the UK Office of Fair Trade’s Competition Appeal Tribunal has upheld fines against Manchester United, JJB Sports, Umbro, and Allsports for a price fixing scheme involving replica soccer kits. The tribunal reduced the fines impose
Golf Galaxy Latest Specialty Retailer to File for IPO…
Despite a quite unhealthy golf retail market that is plagued by declining rounds of play, price wars on key technology, and a strong commitment from TSA and Dick’s Sporting Goods to the golf category, the world is about to get another public golf specialt
Golfsmith Reflects Golf Sector Weakness in First Quarter…
Golfsmith did little to give the market hope for golf specialty retail last week as the retailer posted a 2.8% decrease in total sales to $64.0 million for the fiscal first quarter ended April 3, compared to $65.8 million in the year-ago period. The net