McDermott Cue Manufacturing in Menomonee Falls, WI, has been sold to two of the company's managers and a Milwaukee-area businessman, Greg Knight, according to the Milwaukee Wisconsin Journal Sentinel…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Vail Institutes Helmet Policy
Vail Resorts said its employees will be required to wear helmets while skiing or snowboarding on the job starting with the 2009-2010 season. The ski resort operator, based in Broomfield, CO, also will require helmets for all children age 12 and under who
Joe’s GOB Sales Starts on Friday
A Delaware bankruptcy court on Thursday approved the liquidation sale of all remaining merchandise of 57-year-old Joe's Sports & Outdoors. Going-out-of-business sales will start Friday at the company's 31 remaining stores Washington, Oregon and
Mattingly Sports Introduces Fielding Gloves
Mattingly Sports launched its first line of fielding gloves, the 9X SERIES. The new series of gloves represent a key addition to the company's product line which already includes the ground breaking and patented V-Grip Handle line of baseball and sof
Reports: Joe’s Heading for Liquidation
According to various news reports, Joe's Sports, Outdoor & More is moving to liquidate its stores after being unable to find a buyer. According to an update Thursday on The Oregonian's website, liquidator Gordon Brothers Group made the highest b
The Buckle’s Comps Jump 14.7% in March
The Buckle, Inc. reported comparable store net sales increased 14.7% or the five-week period ended April 4. Net sales jumped 21.5% to $77.3 million from $63.6 million a year ago…
Costco’s March Same-Store Sales Down 5%
Costco Wholesale Corp.'s same-store sales dropped 5% in March, hurt by lower gas prices and the stronger dollar. Excluding those two factors, the wholesale club chain said same-store sales gained 4% for the period ended April 5. U.S. comps were down
Stage Stores Sees 15% Drop in March Comps
Stage Stores Inc. said same-store sales fell 15% in March due to a later Easter and delays in other sales. The company noted that Easter Sunday falls about three weeks later in 2009 than it did in 2008, and said other promotions were shifted to April from
Forzani Renews Stock Buyback Program
The Forzani Group Ltd. announced that the Toronto Stock Exchange has accepted its application to renew its Bid program to purchase, from April 14, 2009 to April 13, 2010, certain of its outstanding Class “A” shares. The share repurchases will not exceed 2
TJX’s March Comps Increase 2%
The TJX Companies, Inc. reported sales for the five-week period ended April 4, 2009, were $1.7 billion, essentially flat with the $1.7 billion achieved a year ago. While total sales were adversely impacted by foreign currency exchange rates, consolidated
Target’s March Comps Decline 6.3%
Target Corp. reported March comparable-store sales declined 6.3%. Total sales for the five weeks ended April 4 were $5.54 billion, down 2.3% from $5,676 million a year ago…
J.C. Penney’s March Comps Slide 7.2%
J.C. Penney Co.'s comparable store sales decreased 7.2% for the five-week period ended April 4, better than the company's guidance for a low-double digit to mid-teen decrease. During the same period last year, comparable store sales decreased 12
Neiman Marcus’s March Comps Drop 31.2%
Neiman Marcus, Inc. reported total revenues in March fell 28.6% to $307 million from $430 million a year ago. Comps tumbled 29.9%. In the five-week March period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stor
SIA: Snow Sports Sales Down 16% in February
Snow sports market sales declined 16% overall in February 2009 over February 2008, according to SIA Retail Audit Top Line Reports. Snow Sports equipment sales were particularly hard hit in February, as consumers, riddled with fear over lost wealth and lo
Interbike to Sponsor Media Tent at Sea Otter Classic
Interbike will host the inaugural “Interbike Media Tent at Sea Otter Classic” 2009 during the annual bike festival, expo and race series from April 16-19, 2009 in Monterey, Calif. The casual TV studio and working news room is designed to help journalists