SGB Executive Outdoor
Wal-Mart’s December Comps Rise 1.7%
Wal-Mart Stores Inc. said that December same-store sales rose 1.7% excluding fuel. Comps rose 1.9% at Wal-Mart U.S. and inched ahead 0.1% at Sam's Club. Total company sales slid 0.1% to $46.5 million from $46.6 million due to a currency-driven drop i
Sears Sees 12.8% Comps Drop at Domestic Stores
Sears Holdings Corporation reported that total company comparable store sales declined 7.3% for fiscal December as a 1.1% slip at Kmart stores was exacerbated by a 12.8% drop at Sears Domestic stores. Net income for the quarter ending January 31, 2009 is
SIA: Snow Sports Sales Up 3% in Fall
According to SnowSports Industries America's (SIA) exclusive research, the snow sports market remained healthy with 3% growth August to November. Snow sports sales surpassed $917 million as the overall retail market faltered in the recession's n
FuelBelt’s Sales Team Gets New Manager
FuelBelt's new sales team in California, Nevada and Arizona will be managed by Snowden and Co. with Principal Frank Snowden…
Brunswick to Mothball Riverview Boat Plant
Brunswick Corporation will mothball its Riverview boat manufacturing facility near Knoxville, TN, and take additional actions aimed at reducing its work force, production and expenses. One of three manufacturing facilities in the Knoxville area, Riverview
Big 5 Executes Restated Employment Agreement with CEO
On Dec. 31, 2008, Big 5 Corp. executed a Second Amended and Restated Employment Agreement with Chairman of the Board, President and CEO Steven G. Miller…
Callaway Acquires uPlay
Callaway Golf Company has acquired uPlay, a Carlsbad, California-based developer and marketer of consumer electronics devices. The transaction, which was completed on Dec. 31, 2008, is not expected to have a material effect on Callaway Golf Company’s 2009
Bush to Declare Marine Monuments, Restrict Fishing in Pacific
President Bush will announce that he is utilizing the Antiquities Act to declare marine monuments in the Pacific Ocean at three locations: Rose Atoll, the Mariana Trench and the Pacific Remote Island Area (PRIA). Each of these new monuments will ban recre
Timberland Sponsors Sundance Film Festival
The Timberland Co. has become the Official Footwear and Outerwear Sponsor of the 2009 Sundance Film Festival, taking place Jan. 15 to 25 in Park City, Salt Lake City, Ogden and Sundance, UT. In its sponsorship role, the brand will exclusively provide foot
Census Bureau: October Sporting Goods Sales Off 2.3%
The Monthly Retail Trade Survey reported sales in sporting goods stores of $2.60 billion (preliminary) for October 2008, a 2.3% decline from $2.66 billion in October 2007, said the NSGA. The trade organization noted that this is the first time sales have
Vendors May Have Seen Last Gains for a While
When reviewing vendor sales results from the third quarter the market looked like it still had a bit of life when the economic woes centered on higher fuel prices and the housing implosion had yet to reach Wall Street. This may be the best quarter the ma
Former Circle Systems Group President Pleads Guilty in Fraud Case
David Drill, the former president of Circle Systems Group Inc., the sports equipment refurbishing company, admitted Tuesday to submitting phony quotes and giving gifts to athletic directors, equipment managers, trainers and coaches in return for business,
Italy Honors Fila Korea’s CEO Gene Yoon
FILA Korea CEO Gene Yoon received the Knight of the Order of the Merit of the Italian Republic at the 3rd Annual Korea-Italy Forum on December 12th. According to a statement, the Knight of the Order of Merit of the Italian Republic is “one of the highest
Snow Shuts Nike Down for the Week…
Nike closed its Beaverton, OR-area headquarters Christmas week and plans to re-open Monday, December 29, to avoid putting employees at risk. More than 6,000 people work at Nike headquarters, and many more visit every day to do business…
Nike Inc. Weathers Storm by Executing on Basics
Nike, Inc. has a clear advantage in the current market as consumers and retailers focus on brands with the most strength and resiliency in a tough economy, but that doesn’t keep the company from making the same type of cost-cutting decisions that their le
