Randy Ruch, founder, CEO and Chairman of the Board of Schuykill Valley Sports, retired July 1, 2010 after thirty-nine years in the sporting goods industry. Ruch opened his first store in Audubon, PA in August 1971. The company now operates eighteen store
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Under Armour’s President David McCreight Resigns
Under Armour, Inc. announced that David McCreight is resigning as president of the Company, effective August 20, 2010. Kevin Plank, chief executive officer, chairman and former president of the company, will assume the duties of president, including manag
Alabama Outdoors Sold to Investor Group
Alabama Outdoors Inc. has been sold to SMAO LLC, an investment group led by Scott McCrory, who will now serve as president of Alabama Outdoors…
OR Summer Market 2010 Pre-Show Numbers Surpass Last Year’s
With Outdoor Retailer Summer Market less than a month away, show organizers announced that net-sold, square-feet exhibit space at the Salt Palace Convention Center in Salt Lake City, Utah has surpassed the 2009 show, with no space left available…
SmartWool Promotes Three
SmartWool Corporation said three internal candidates have been promoted to fill the newly created positions of general manager, international business; chief financial officer; and vice president,value chain…
Golfsmith Secures $90M Loan; Opening 14 Stores
Golfsmith completed an amendment and extension of its revolving credit facility with GE Antares Capital…
Scheels Hires Social Media Agency
Catchfire Media formally made public today their role as Scheels All Sports Inc.'s social media agency of record…
Easton Sports Hires Branding Agency
Easton Sports has selected Agency 215 as its branding agency to generate national awareness and excitement for the brand and its sports equipment…
Stage Stores June Comps Dip 1.3%
Stage Stores, Inc. reported that its total sales for the five week June period ended July 3, 2010 increased 1.3% to $129 million from $128 million in the prior year five week period ended July 4, 2009. Comparable store sales decreased 1.2%…
ProMounds Acquires The Designated Hitter
ProMounds, Inc. has acquired The Designated Hitter and added the product to the offerings of the company's retail division, On Deck Sports…
Bon-Ton’s June Comps Increase 1.4%
The Bon-Ton Stores, Inc. announced comparable store sales for the five weeks ended July 3, 2010 increased 1.4%. Total sales for the five weeks increased 1.2% to $244.4 million compared with $241.5 million for the prior year period…
JJB Sports Sees 22.3% Hike in Six-Week Sales
JJB Sports Plc reported that its sales for the six weeks from 24th May to 4th July were up 22.3% on a like-for-like basis. Sterling gross margin on a like-for-like basis over the same period was up 54.5% resulting in an overall like-for-like gross margin
Macy’s, Inc. Same-Store Sales up 6.5% in June
Macy's, Inc. reported total sales of $2.23 billion for the five weeks ended July 3, 2010, an increase of 9.0% compared with total sales of $2.044 billion in the five weeks ended July 4, 2009. On a same-store basis, Macy's, Inc. sales were up 6.5
J. C. Penney’s Comps Climb 4.5%
J. C. Penney Company, Inc. reported comparable store sales increased 4.5% for the five-week period ended July 3, 2010. In last year's June period, comparable store sales decreased 8.2%. Total company sales in June increased 3.7%…
Kohl’s Posts 9.1% Comp Gain
Kohl's Corp reported sales for the five-week month ended July 3, 2010 increased 9.1% over the five-week month ended July 4, 2009. On a comparable store basis, sales increased 5.9%…
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