SGB Executive Outdoor
City Sports Opens Flagship in Manhattan
City Sports announced the opening of a high-profile flagship store in the heart of Manhattan at Rockefeller Center, 64 West 48th Street, between 5th and 6th Avenues. The retailer said the opening underscores “the company's growth strategy and commitm
REI FY08 Profits Plunge 65%
REI announced plans to eliminate 61 full-time jobs, mostly at its Kent headquarters and Sumner distribution center, due to a “significant business slowdown in the final months of 2008 and continued projected weakness in 2009.” Net income tumbled 65% to $1
Insider Trading Charges Settled in DSG/Galyan’s Case
The U.S. Securities and Exchange Commission settled an insider trading case against four individuals, including the former vice president of real estate at Dick's Sporting Goods Inc., related to DSG's acquisition of Galyan's Trading Company
Adrenalina Launches Board Fight at Pacific Sunwear
Adrenalina, which has made multiple bids to acquire rival Pacific Sunwear of California, has nominated a four-member slate to PacSun's board and called for the resignation of PacSun's CEO…
Eagles Nest Outfitters Hires New Sales Manager
Eagles Nest Outfitters has added Lane Nakaji as sales manager. Nakaji, a North Carolina native, joins the group with an long resume of retail experience and deeply rooted passion for the outdoors…
RECALL: Nordica USA XBi ALU Skis
The U.S. Consumer Product Safety Commission, in cooperation with Nordica USA, has announced a voluntary recall of the company's XBi ALU Skis. The binding plates could crack or break, causing the skier to lose control or fall and suffer injuries…
Gildan’s Q1 Earnings Tumble, Suspends Guidance
Gildan Activewear reported earnings tumbled 84.6% in its first quarter ended Jan. 4, to $4.3 million, or 4 cents a share, from $27.9 million, or 23 cents a year ago. The company had provided EPS guidance of 0 cents to five cents for the first quarter of f
Sport Chalet Q3 Sales Decline 10.3%
Sport Chalet, Inc. saw sales for its third quarter of FY09 ended Dec. 28, 2008 decline 10.3% to $104.6 million, compared to $116.6 million last year with a 15.4% drop in comps. The retailer posted a net loss of $32.4 million, or $2.29 a share, due to heav
RECALL: Clif Bars with Peanuts
Clif Bar & Company announced a voluntary recall of various CLIF and LUNA bars on Jan. 30, citing “concerns that the recalled bars contain peanut products that were manufactured by Peanut Corporation of America (PCA), which is the focus of an ongoing Salmo
Buckle’s January Comps Jump 14.7%
The Buckle, Inc. said comparable store net sale for the four-week period ended January 31, 2009 increased 14.7% versus the year-ago month. Net sales for the four-week fiscal month ended January 31, 2009 increased 23.1% to $48.0 million from $39.0 million
Brown Shoe Co. To Cut 12% to 14% of Domestic Workforce
Brown Shoe Co., Inc. said it expects to cut 12% to 14% of its domestic workforce as part of its expense and capital containment initiatives that were announced January 21. Overall costs related to its expense initiatives are currently anticipated in the r
Dillard’s Reports Drop in January Comps and Q4
Dillard’s, Inc. saw merchandise sales for the four weeks ended Jan. 31, 2009 of $376.61 million, compared to sales for the four weeks ended Feb. 2, 2008 of $435.25 million. Total sales decreased 13% while comparable store sales decreased 12% for the four-
BJ’s January Comps Hurt by Fuel Sales
BJ’s Wholesale Club, Inc. reported net sales for fiscal January increased 0.9% to $656.7 million from $651.0 million last year. On a comparable club basis, January sales decreased by 0.7%, including a negative impact from sales of gasoline of approximatel
Bon-Ton Comp Sales Decrease 8.2%, Q4 Sales Fall 9.4%
The Bon-Ton Stores, Inc. said comparable store sales for the four weeks ended Jan. 31, 2009 decreased 8.2% compared with the prior year period. Total sales for the four weeks decreased 8.3% to $172.0 million compared with $187.6 million for the prior year
Columbia Sponsors Amgen Bike Tour
Columbia Sportswear Co. will be the sportswear partner of the 2009 Amgen Tour of California professional cycling road race. Under the sponsorship, Columbia will outfit staff, VIPs, local volunteers and all VERSUS, Web site and on-site announcers with indu
