Nike celebrated the completion of the new community Football Training Center in Soweto, South Africa…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Outdoor Foundation Releases Trail Running Report
The Outdoor Foundation, in partnership with Montrail, has produced a special report on trail running…
Heelys Announces New COO/CFO
Craig D. Storey has joined Heelys as chief operating officer/chief financial officer. Storey was, most recently, CEO/CFO for Sprig Toys…
EMS Names Heads of Marketing and Merchandising
Eastern Mountain Sports Inc. announced that two of its managers have been promoted to director-level positions. Kate Lynch was named director of marketing and Marshall Merriam was named director of merchandising…
Dick’s SG Reappoints Board Members
Dick's Sporting Goods approved new three-year terms for two members of its board of directors…
NBA Launches NBAStore.com on Facebook
The National Basketball Association announced a series of new social media activation for The Finals including the launch of the NBAStore.com on Facebook, special venues for “The Finals” on social networking platforms Foursquare and Gowalla, and fan inter
Project Cancels July Show, Names New President
Andrew Pollard was named president of the Project Global Trade Show, replacing show founder Sam Ben-Avraham, who left the show to concentrate on a new wholesale business. The show also announced it will relaunch its New York Project show in January 2011 a
Report: Foot Locker Eyeing JJB Sports
Reports that Foot Locker Inc. is reviewing a possible acquisition or investment in JJB Sports sent shares of British retailer up, according to reports in British media…
Escalade Signs Multi-Year Amendment to Credit Agreement
Escalade, Inc. announced that, on May 31, 2010, it amended its existing credit agreement with its issuing bank JPMorgan Chase Bank, N.A. to provide for a new multi-year loan facility…
The Buckle’s May Comps Slide 5.4%
The Buckle, Inc. announced that comparable store sales for the four-week period ended May 29, 2010 decreased 5.4%. Net sales decreased 0.4% to $60.3 million from $60.6 million a year ago…
Stage Stores Sees 2.9% May Comp Decline
Stage Stores, Inc. reported that sales for the four week May period ended May 29, 2010 decreased 0.6% to $116 million from $117 million in the prior year four week period ended May 30, 2009. Comparable store sales decreased 2.9% this year versus a decreas
Bon-Ton’s May Comps Dip 1.1%
The Bon-Ton Stores, Inc. announced comparable store sales for the four weeks ended May 29, 2010 decreased 1.1%. Total sales for the four weeks decreased 1.3% to $186.5 million compared with $188.9 million for the prior year period…
Authentic Brands Group Raises $250MM
Authentic Brands Group LLC completed a $250 million equity capital raise with Green Equity Investors V, L.P., an affiliate of Leonard Green & Partners, L.P.; Knight's Bridge Capital Partners Inc., a wholly-owned subsidiary of Counsel Corporation; and
Target’s Comps Increase 1.3% in May
Target Corporation's sales for the four weeks ended May 29, 2010 were $4.62 billion, an increase of 3.7% from $4.46 billion a year ago. May comps increased 1.3%…
Kohl’s Sees 3.5% Comp Gain in May
Kohl's Corporation reported sales for the four-week month ended May 29, 2010 increased 6.6%. On a comparable store basis, sales increased 3.5%…