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…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
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%…
Neiman Marcus’ May Comps Climb 7.8%
Neiman Marcus, Inc. reported same-store sales in May grew 7.8%…
Kohlberg Sports Acquires Maverik Lacrosse
Kohlberg Sports Group Inc., the owner of Bauer Hockey, has acquired Maverik Lacrosse, the manufacturer of lacrosse equipment, apparel and accessories. John Gagliardi will remain CEO of Maverik Lacrosse…
LOOPTWORKS Expands Distribution into Wholesale
LOOPTWORKS, makers of apparel and accessories upcycled from pre-consumer industrial excess, is launching wholesale distribution with a focus on outdoor specialty stores and eco-friendly boutiques. The company said it has seen strong demand online at their
What’s UP PR Moving to Denver
In order to better serve the outdoor and snow sport industry, What's UP Public Relations is moving from Bozeman, MO to Denver, CO, effective June 15…
Shoe Carnival’s Q1 Earnings More Than Double, Comps Run Up 13%
Shoe Carnival, Inc. reported sales for the first quarter increased 13.3% to $189.5 million from $167.3 million a year ago. Comparable store sales increased 13.1%. Net earnings jumped 124% to $9.2 million, or 72 cents a share, from $4.1 million, or 33 cent
U.S. Golf Rounds Rebound in April
According to Golf Datatech, golf rounds for the US were up 10.5% April 2010 compared to April 2009 but still down 3.0% on a YTD basis. Public access play was up 11.6% for the month and private course activity was up 6.9%…
Highgear Supports Big City Mountaineers
Highgear said that for every new fan on Facebook, it will donate $1 to Big City Mountaineers (BCM) outdoor program for under-resourced urban teens up to a total of $2,000…
Golfsmith Launches New Club Giveaway Program
Just months after Phil Mickelson's Masters win resulted in Golfsmith giving away a $1 million in golf clubs, Golfsmith said it is teaming up with TaylorMade and a trio of golfers, Retief Goosen, Sergio Garcia and Sean O'Hair with a new national
Skullcandy’s Jeff Kearl Joins SDSI Board
Skullcandy's Chairman Jeff Kearl joined the CONNECT San Diego Sport Innovators (SDSI) board of directors.
Teva Commits $100,000 for Gulf Clean-Up
Teva, a division of Deckers Outdoor Corp., plans to raise awareness and assist in the Gulf Of Mexico clean-up through a commitment of $100,000 through long-term partner, Waterkeeper Alliance…
J. Wayne Merck Joins Angelo, Gordon and Co.’s PE Group
J. Wayne Merck, the former president and CEO of K2 Inc., has joined Angelo, Gordon & Co. as a senior advisor. Merck will also serve on the board of the firm's portfolio company, KEE Action Sports…
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