BJ’s June Comps Dip 4.8%

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

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…

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

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