Collective Brands Posts Profit in Q2

Collective Brands Inc., in likely its last report as a public company, posted a profit in the second quarter despite closing hundreds of stores and taking charges related to the pending sale of the company. The improvement reflected healthier results at P

Sports Direct Q1 Gains Olympic Boost

Sports Direct International, the UK-based sporting goods chain, reported group total sales for the 13 weeks ending July 29 were up 25.3 percent to £519.0 million (US $823m) from £414.3 million a year ago…

Spy Inc. to Fire 20 to Reduce Operating Costs

Spy Inc. will lay off 20 employees, including its EVP of sales and operation, and convert back to a distributor model in Europe in an effort to reduce its revenue breakeven point by the end of the fourth quarter…

Club Ride Moves into New HQ, Lands Credit Line

Club Ride completed its move last week from its original headquarters in to a new location in Ketchum, ID with three times the square footage, including an expansive warehouse needed to accommodate next year’s inventory…

Mountain Hardwear to Open First UK Shop in Glasgow

Mountain Hardwear will open its first retail operation in the United Kingdom in Glasgow, Scotland this Saturday in the form of a 200-square-foot ‘store in store’ within an existing Cotswold shop in the West End Retail Park…

U.S. Senator Tours Exxel Outdoors Latest Expansion

Exxel Outdoors hosted U.S. Sen. Jeff Sessions, R-AL, and members of his staff at its Haleyville, AL plant, which recently invested $2.5 million in equipment and other improvements so it could begin manufacturing non-rectangular sleeping bags formerly avai

RECALL: Meijer Recalls 68,000 Bikes

Meijer Inc., of Grand Rapids, MI is recalling about 68,000 bicycles assembled by a contractor because their pedals can loosen or detach during use, posing a fall hazard to the rider. There are 29 reports of pedals detaching or coming loose during use, inc