JC Penney Posts Flat Q2 Net Income on Small Comp Gain

J. C. Penney Company, Inc. reported net income of $14 million, or 7 cents per share, for the second quarter ended July 30, including previously announced restructuring charges. Comparable store sales for the second quarter rose 1.5 percent. Total sales d

Canadian Tire Reports Retail Sales Up 5.1 Percent in Q2

Canadian Tire Corporation, Limited reported consolidated retail sales increased 5.1 percent and consolidated revenues increased 4.1 percent for the seconde quarter ended July 2, 2011, compared to Q2 2010. The retailer, which is expected to complete its ac

Advocacy Advance Grants $100,000 for Bike Projects

In line with a goal to double federal funding for biking and walking, Advocacy Advance is awarding $100,000 in direct grants to four bicyling advocacy organizations. Recipients will use the grants to tap into federal funding streams and build their politi

New Balance Opens First North American Experience Store

New Balance on Thursday opened its first North American Experience Store in New York City's Flatiron District. The store, located at the corner of Fifth Avenue and 20th Street, features a Mondo running track and a unique Demonstration Area where New

U.K. July Retail Sales Growth Weakens

The British Retail Consortium reported that U.K. retail comp store sales increased 0.6 percent in July on top of a 0.5 percent in July 2010. Total sales were up 2.5 percent on top of a 2.6 percent increase in July 2010. The BRC warned that much of July&#

Life is Good to Launch Game and Toy Line in Fall 2012

The Life is good Company, the Boston-based apparel and lifestyle brand has entered into a multi-year licensing agreement with Synergy Sportz (d/b/a Yukon Charlie’s) to produce and distribute a wide variety of Life is good branded games and toys in t

PGA Tour Superstore to Open in Palm Beach, FL

On the heels of opening its Denver store in May, PGA TOUR Superstore said it will bring another location to Palm Beach County, FL, with the opening of a 50,000 square-foot superstore in Delray Beach…