BJ’s Wholesale Club, Inc. June 2009 sales decreased by 4.8% to $1.00 billion, from $1.05 billion in June 2008. Comparable club sales for June 2009 decreased by 7.5%, including a negative impact of 10.2% from lower gasoline revenue. Excluding gasoline, mer
Category: Sports/Fitness
Outdoor Retailer to Honor Andy Knapp
Outdoor Retailer will honor Andy Knapp, a renowned outdoor adventurer and former head buyer of hardgoods at Midwest Mountaineering, at a Paddle Out held during the Outdoor Retailer Summer Market Open Air Demo at 3 p.m. on Monday July 20, 2009. After a six
Target’s Comps Retreat 6.2% in June
Target Corporation reported that its net sales for the five weeks ended July 4 were $5.69 billion, a decrease of 2.6% from $5.84 billion a year ago. On this same-store basis, June comps decreased 6.2%…
Ross Sees June Comps Inch Up on 6% Sales Growth
Ross Stores, Inc. said sales for the five weeks ended July 4 increased 6% to $666 million from $628 million for the five weeks ended July 5, 2008. Same store sales for the month rose 1% on top of a strong 8% gain in the prior year…
Remington Arms to Redeem Notes
Remington Arms Co., Inc., an indirect wholly owned subsidiary of Freedom Group, Inc., intends to redeem all of its outstanding $200 million 10½% Senior Notes due 2011…
Eddie Bauer Receives Approval for DIP Facility, Sale on Track
Eddie Bauer Holdings, Inc. received approval from the U.S. Bankruptcy Court in Delaware of a number of key motions further facilitating the company's ability to continue normal operations as it moves forward with its sale process. Among other things,
SGMA to Study Grassroots Sports Participation
SGMA is planning to conduct a new study that will detail and analyze how young people make their decisions to participate in a specific sport or activity, what motivates them to stay with it and then why do they drop out or stop playing. The study will be
Report: Parents Expect to Spend as Much or More for Back-to-School in 2009
Based on the recent consumer shopping trends survey conducted by The SportsOneSource Group, a clear majority of American consumers expect to spend as much or more for sports and outdoor product for back-to-school this year as compared to last year. The s
Boulder Adds One More to Inside Sales Team
The Boulder Outdoor Specialty Group (BOSG), a collection of six cornerstone outdoor industry brands, has added Andy Russell to their inside team of sales managers…
Lands’ End Sponsors Race to Mackinac
Lands' End returns for its seventh year as presenting sponsor of the Chicago Yacht Club's Race to Mackinac. The 101st running of the race sets sail from Chicago on July 18…
Finish Line Closes Man Alive Transaction
The Finish Line, Inc. has closed its transaction with Man Alive Acquisitions, LLC (“MA”), an entity controlled by Jimmy Khezrie, the owner and operator of Jimmy Jazz stores. Finish Line had previously announced plans to exit the Man Alive business on June
Les Otten to Run for Governor of Maine
Les Otten, the former CEO of American Skiing Co., announced plans to run for governor of the state of Maine as a Republican. According to his website, Otten's campaign will focus on renewable energy, job creation, efficient government and leadership
VF Corp. Unveils New Licensed Sports Group
VF Imagewear has officially renamed the VF Activewear group as the VF Licensed Sports Group, a division focused on the development of both on-field and licensed sports apparel. Sources inside the company told SEW there were no changes in staff or office
Acushnet to Cut 77 Positions
Acushnet Co., the maker of Titleist golf balls, will reduce its workforce at its distribution center and two ball plants by 77 positions, company officials told the Standard Times of New Bedford…
SEW Goes One-On-One with… Foot Locker’s MATT SERRA
Last week, Foot Locker, Inc. announced that Ken Hicks, president and chief merchant of J.C. Penney Co., would become its new president & CEO, effective August 17. Hicks will succeed Matt Serra, who has been CEO of Foot Locker since March 2001 and chairman