Kohl's Corporation reported that for the four-week month ended Feb. 25, 2012 total sales increased 1.1 percent and comparable store sales decreased 0.8 percent compared to the four-week month ended February 26, 2011…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Johnson Outdoors Receives $3.5M Settlement
Johnson Outdoors Inc. announced it has received a $3.5 million settlement resolving the company's long-standing claim with its insurance carriers. The company initiated legal proceedings in May 2005 to seek coverage related to an intellectual propert
Foot Locker’s Q4 Earnings Climb on 7.5 Percent Comp Gain
Foot Locker, Inc. said that fourth-quarter earnings excluding charges rose 37.7 percent. Fourth quarter comparable-store sales increased 7.5 percent. Total sales increased 7.9 percent, to $1.5 billion this year, compared with sales of $1.39 billion for th
Billabong Appoints Retail Advisor
Following its decision to decline a revised offer from TPG Capital to purchase the company for $3.30 per share, Billabong said it had appointed former Target Australia managing director Launa Inman as a retail advisor…
Wolverine Worldwide Honored for Leadership
Wolverine Worldwide has been named one of the “Best Companies for Leaders,” according to an independent study conducted by Chief Executive magazine and management consulting firm Chally Group Worldwide. The results of the study, published in the January
Zumiez’s Comps Jump 14 Percent in February
Zumiez Inc. announced that total net sales for the four-week period ended February 25, 2012 increased 23.0 percent to $40.2 million, compared to $32.7 million for the four-week period ended Feb. 26, 2011. The company's comparable store sales increase
Wigwam Partners with Competitor Group for 2012
Wigwam, the performance sock company, announced a new partnership with the The Competitor Group (CGI) involving the Rock n' Roll Marathon Series…
Brute Wrestling Launches New Footwear Line
Brute Wrestling officially announced their return as a major manufacturer and supplier of wrestling footwear. The initial footwear launch will include the Inception and Xplode, which solidifies Brute as a wrestling company that provides head-to-toe needs.
Phil Knight to be Inducted into Basketball Hall of Fame
Phil Knight, founder of Nike, was among five people elected to the basketball Hall of Fame in the “Contributor” category…
Derrick Rose Inks Longterm Deal With Adidas
Adidas has extended its endorsement deal with the Chicago Bulls ’ Derrick Rose in a deal that could land the reigning NBA most valuable player more than $200 million over the next 13 years, Yahoo! Sports reports…
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