Many retailers reported last week that they had lackluster Holiday sales until the post-Christmas business jumped the last week of the year. What was the catalyst? Gift Cards. Major retailers from Wal-Mart to Hibbett’s to The Finish Line noted that rob
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
The Finish Line Jumps into Urban with New Retail Acquisition…
The Finish Line announced today that it has signed a definitive agreement to acquire all of the outstanding stock of The Hang Up Shoppes, Inc., for $12 million in cash plus a potential earnout of up to $6 million in cash. The Hang Up Shoppes does busines
Federated December Comps Increase 3.4%
Federated Department Stores, Inc. reported total sales of $5.708 billion for December, an increase of 99.9% compared to total sales of $2.856 billion in the same period last year when including the acquired May Company stores. On a same-store basis, Feder
Kayland Adds to Rep Team
In preparation for the fall/winter 2006 selling season, Kayland has added two new sales reps to its US sales team. Gary Bryden will represent Kayland in the Northwest, while Brad Eckert will handle sales in Pennsylvania, Maryland, and Delaware…
West Marine Posts 3.9% Q4 Comps Increase
West Marine, Inc. reported that net sales for the for the fourth quarter ended December 31, 2005 were $124.8 million, a 5.7% increase from net sales of $118.1 million last year. Comparable store sales for the quarter increased 3.9%, compared to a comparab
The Changing Retail Landscape…
The year saw the landscape of sporting goods retail shift dramatically as the industry gained its second legitimate national sporting goods retailer after Dick’s acquired Galyan’s. As they go head-to-head with The Sports Authority in more regions of the
You’ve Come a Long Way, Baby…
The ads from the 70’s are but a distant memory now as women take a spot front and center for many companies’ growth prospects for the new millennium…
Oh, Those Election Year Politics…
The political scene in the Bicycle, Outdoor, and SnowSports industries has never been more polarized with strong and conflicting opinions expressed, sometimes violently, from left and right wing advocates…
Quiksilver Eyes Rossignol…
Skis Rossignol shares jumped early on Monday after a French newspaper reported that Quiksilver Inc. was making a bid for the company…
Consolidation Again King in a Maturing Market…
At first glance the merger and acquisition deals in 2004 did not appear to be as large or as plentiful as in 2003, but it soon becomes apparent that the deals this past year may turn out to be more significant in the long run…
Industry Again Outpaces Market…
SEW has been using the S&P 500 index since 2000 as a baseline to measure performance in the sporting goods industry versus the rest of the public market. Since that time, we have seen the S&P both fall sharply and regain momentum, but the sporting goods
The Just for Feet Effect…
The fallout from the implosion and alleged management improprieties resulted in a number of highly visible industry executives sentenced for charges related to an alleged scheme to inflate sales and earnings figures..
Changing of the Guard…
It was a tale of two cities in the fourth quarter as Phil Knight, the founder, chairman, president and CEO of Nike, Inc. announced in December that he was stepping down from the president & CEO role and handing the reins of the company to an outsider…
The Shift in the Retail Landscape…
The year saw the landscape of sporting goods retail shift dramatically in 2004 as the industry gained its second legitimate national sporting goods retailer after Dick’s acquired Galyan’s.
Remember When it Was All Just About Selling Sporting Goods?
We’ve all had to become better business people as the sporting goods industry matures to the point that we now experience the same market forces that have affected other fast-growing industries over the last two decades…
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