Provisions in the financial services reform bill passed by the Senate Thursday requiring reasonable debit card swipe fees and making it easier for merchants to give discounts to customers who don't use credit cards represent a major victory for retai
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Sportfishing Community Applauds Fisheries Management Legislation
A coalition of marine recreational fishing, boating, and conservation organizations and businesses praised new legislation designed to safeguard the strong conservation standards of the Magnuson-Stevens Fishery Conservation and Management Act (MSA) while
SEC Closes Investigation of NexCen Brands
NexCen Brands, Inc., the parent of The Athlete's Foot, announced that the Division of Enforcement of the Securities and Exchange Commission (SEC) has notified the company that it has completed its two year investigation of the company and does not in
Paul Sline Promoted to VP, Collegiate Sales, JanSport
JanSport promoted Paul Sline to vice president of collegiate sales…
Wolverine World Wide Second-Quarter Profit Surges
Wolverine World Wide, Inc. reported revenues increased 4.8% in the second quarter ended June 19, to $258.2 million. Continued strong organic growth was partially offset by the delay into the subsequent quarter of a significant shipment to a third-party di
DC Shoes Hires Snow Marketing Director
DC Shoes appointed Jason Smith as its Snow Marketing Director. In his new position at DC, Smith will oversee the planning and activation of all of DC's Snow Marketing initiatives including print, digital, team, and events…
Russell Athletic Signs Colt McCoy to Endorsement Deal
Russell Athletic has signed 2010 NFL Draft pick, Colt McCoy, to a multi-year endorsement deal. He will represent Russell Athletic and all its brands, including Spalding, BIKE and Russell Outdoors…
West Marine Reports 8.4% Increase in Second Quarter Revenues
West Marine, Inc. reported net revenues for its 13-week 2010 fiscal second quarter ended July 3, 2010 of $233.4 million, an increase of $18.0 million, or 8.4%, from net revenues of $215.4 million a year ago..
Haggar Launches HaggarB2B.com Using CenterStone Technologies
Haggar Clothing Co. and CenterStone Technologies, Inc., an international developer of Web-based B2B e-commerce software, announced that www.haggarB2B.com is now live for sales reps, retail customers and customer service professionals…
Zumiez Abandons Pursuit of West 49
Zumiez Inc. said it was ending its takeover pursuit of West 49 Inc., leaving the path open for Billabong International Ltd. to continue its deal to buy the Canadian action-sports retailer. Last week, Zumiez approached West 49, saying it was prepared to ma
Horny Toad Hires Global Director of Sales
Horny Toad appointed Brian Thompson as the global director of sales. Thompson will be based out of Horny Toad's sales headquarters in Santa Barbara, CA. His experience includes 13 years at Cutter & Buck, where he led the overall operations for three
New Balance Opens Retail Store in Pentagon
New Balance announced the opening of a retail store in the Pentagon in Washington, DC on July 14, 2010…
Skechers Shares Under Pressure Over Toning Concerns
Shares of Skechers USA have fallen 20% since June 18, apparently over fears of discounts, slower sales, and the evolution of toning product. But in a note entitled “Negative Chatter Unwarranted,” Chris Svezia, an analyst at Susquehanna International Group
Play It Again Sports Parent Sees Earnings Gain
Winmark Corporation, the parent of Play It Again Sports, reported net income for the quarter ended June 26, 2010 of $2.33 million, or 45 cents a share, up from $1.2 million, or 22 cents, a year ago. Revenues improved 11.8% to $9.9 million from $8.8 millio
NexCen Brands’ Proposed Asset Sale Gains Recommendations
NexCen Brands, Inc., the parent of The Athlete's Foot, announced that two independent proxy advisory firms, Glass Lewis & Co. and ISS Proxy Advisory Services (ISS), recommend that NexCen Brands' shareholders vote “FOR” the sale of its franchise
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