0.8 Percent
Same-store growth charted by Best Buy during Q2, which while small was better than expected thanks to strong sales of wearables.
37 Percent
Sales decline at Sector 9 in the second quarter, due primarily to a sharp contraction in the longboard segment of the skateboard market, hampering parent company Billabong’s results. Billabong sold Sector 9 in June as part of a plan to focus on its three key brands, Billabong, Element and RVCA.
225 Physical Stores
For Tillys couldn’t outperform the steady traffic to its e-commerce site, especially during back-to-school season. Tillys’ CEO said retail traffic gyrated double digits week to week depending on the timing of tax holidays and other promotions.
1.2 Million Players
Helped by Affinity Sports with its integrated management software and services for youth and adult soccer associations in the United States, including 14 U.S. youth soccer state associations, 250,000 administrators and 4,500 leagues and clubs. The company, which was acquired by Dick’s Sporting Goods this past week, also provides management services in basketball, baseball, football, hockey, volleyball, tennis and field hockey.
$1.5 Million in Bonuses
Requested by Sports Authority’s remaining key execs as incentives to optimize the final steps of its bankruptcy proceedings. The U.S. Justice Department has called the bonuses “unseemly,” given how many creditors won’t receive any money back.
$196.6 Million
Price accepted by Skullcandy Inc. for Mill Road Capital Management LLC to acquire the active-lifestyle audio tech brand. The offer was $26.6 million more than the initial bid price in late June by Incipio LLC, which traded bids back-and-forth with Mill Road until this week’s final deal was reached.
264,816 Shares
Sold by VF Corp. Chairman and CEO Eric Wiseman August 18-19 for between $64 and $65 a share for total proceeds of $17.1 million.
