Shoe Carnival’s Q4 Net Slides on 3 Percent Comp Decline

Shoe Carnival reported sales for the fourth quarter increased 1.1 percent to $181.9 million from $179.9 million a year ago. Comparable store sales decreased 3.0 percent. Net earnings slid 25.0 percent to $3.3 million, or 24 cents per share, from $4.4 mill

SandP Upgrades Foot Locker’s Credit Ratings

Standard & Poor's Ratings upgraded Foot Locker Inc. by one grade to double-B, citing the retailer's better-than-expected results due to revenue and margin improvement. It also noted that credit metrics have “strengthened substantially” over the

Skechers to Launch Online Review Rewards Program

Skechers is planning to set up a Skechers Elite rewards program to reward consumers who submit reviews or answer other consumers’ questions about Skechers products on skechers.com. Skechers Elite members will receive points for such actions that wil

New Balance HQ Expansion Plan Revealed

New Balance has unveiled its plans for a $235 million expansion of its Brighton, MA headquarters that will include a hotel, office buildings and a stadium for track and field and a hockey rink. Under the proposal filed on Wednesday at City Hall in Boston,

Sports Authority Welcomes Peyton Manning to Denver

Denver-based Sports Authority, stadium naming partner to the Denver Broncos, welcomed Peyton Manning to the city of Denver. As the official sporting goods retailer of the Broncos, Sports Authority promised to have name and number Peyton Manning t-shirts t

Sierra Trading Post Opens Fort Collins Technology Campus

Sierra Trading Post, the outdoor e-tailer, announced the grand opening of its new Fort Collins Technology Campus (FCTC). The 4,700-sqare-foot office will accommodate full-time, technology-focused employees as well as employees from other divisions who wil

Intersport International Awards Franchise for South China

IIC-Intersport International Corp., a Switzerland-based sporting goods retailer that generated $14 billion in sales of team, running, outdoor and fitness product in 40 countries in 2010, has finally entered the Chinese market through a franchise agreement

Moosejaw to Open Store in Kansas City

Moosejaw will open its first store in the Kansas City area in the fall, bringing to three the number of store openings identified by the multi-channel retailer for 2012…

Sutton Bacon Leads Buyout of NOC

The Nantahala Outdoor Center has completed a significant equity investment enabling the company to repurchase the majority of its common stock including its Employee Stock Ownership Plan. The investment was led by NOC President & CEO Sutton Bacon with par