Despite coming off one of their fattest seasons in years, snowsports retailers are entering the winter with their leanest inventory ever and leaving brands equally anxious over the credit crunch on one hand and lost sales on the other. The consensus is th
Category: Apparel
REI to Begin Selling GT Bikes
Recreational Equipment Inc. (REI) will begin selling GT bikes at 47 of its stores by the end of the year. This deal follows REI's decision to phase out K2 bikes, which are made by World Wide Cycle Supply…
Coleman Names New Sales VP
The Coleman Company Inc. has named Michael Bach VP of sales with responsibility for leading the field sales team and the food/drug and home channels…
NRF: Container Imports Forecast to Decline 6.5% this Year
Cargo volume at the nation’s major retail container ports is now expected to decline 6.5% in 2008 compared with 2007 as merchants carefully manage inventories in response to the nation’s slow economy. Volume is projected to total 15.43 million Twenty-foot
U.S. House Calls for Imports Monitoring…
In a possible sign that anti-trade forces may be gaining steam, Charles Rangel (D-NY), chairman of the Ways and Means Committee in the U.S. House of Representatives, asked the U.S. International Trade Commission (ITC) to start tracking and reporting data
The SportsOneSource Debate: The Election
Turns out our industry is about as divided as the rest of the country around which Presidential candidate is best qualified to steward our country. Late last week, SportsOneSource queried subscribers asking how the election of John McCain or Barack Obama
The Conservation Alliance Sends out Second Round of Checks
The Conservation Alliance sent checks totaling $450,000 to 17 organizations working to protect wild places throughout North America. The donations marked the Alliance’s final funding disbursal for 2008, and bring the year’s total to $900,000. This round b
Dick’s SG Settles FTC Charges
Thursday, the Federal Trade Commission announced a consent agreement and order that settled charges that Golf Galaxy, a subsidiary of Dick’s Sporting Good’s Inc., violated federal law by illegally agreeing with a potential competitor, Golf Canada, to allo
TJX’s Comps Slide 1%, Lowers Guidance
The TJX Cos., Inc. reported sales rose 3% in the five weeks ended October 4, to $1.78 billion. Comps decreased 1%. The company is lowering its guidance for third quarter earnings per share from continuing operations to the range of 55 cents to 58 cents pr
BJ’s September Comps Climb 10.4%
BJ’s Wholesale Club, Inc. reported comps during September climbed 10.4%. Excluding gasoline sales, merchandise comps were ahead 5.6%. Total sales advanced 11.8% to $892.8 million from $798.9 million…
West Marine Reports 4.7% Drop in Q3 Comps
West Marine, Inc. reported net sales for the third quarter ended Sept. 27, 2008 declined 4.4%, from the same period a year ago. The retailer attributed the decline primarily to a 4.7% decrease in comparable store sales…
Gottschalks September Comps Fall 11.8%
Gottschalks Inc. saw same store sales for the month of September decrease 11.8% from the prior year. Total sales for the five-week period decreased 13.2% to $45.8 million compared to $52.8 million in the same period of fiscal 2007. On a year-to-date basis
The Buckle Posts 19.7% Comps Gain in September
The Buckle Inc. said its same-store net sales for the five-week period ended Oct. 4, 2008, increased 19.7% from comp store net sales for the year earlier period ending Oct. 6, 2007. Net sales for the five-week fiscal month increased 26.2% to $72.8 million
Stage Stores Points to Hurricanes as September Comps Fall 13.6%
Stage Stores, Inc. reported that its total sales for the five week September period ended Oct. 4 decreased 9.6% to $115.5 million from $127.8 million in the prior year five week period. Comparable store sales decreased 13.6% versus an increase of 2.3% las
Ross Stores Lowers Guidance as Comps Fall
Ross Stores, Inc. saw sales of $561 million for the five weeks ended Oct. 4, 2008, a 5% increase over the $537 million in sales for the five weeks ended Oct. 6, 2007. Same store sales for the five weeks ended Oct. 4, 2008 declined 2% compared to sales dur
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