SGB Executive Outdoor
Retail Ventures Sees Comps Slip in January
Retail Ventures, Inc. saw total sales for the thirteen-week fourth quarter decrease 11.9% to $769.9 million from $874.0 million for the fourteen-week period last year. The company's same store sales decreased 0.1% for the comparable thirteen week per
Wal-Mart Comps Growth Halved
Wal-Mart Stores Inc. reported its comp store sales rose .9% in the four-week period ending Feb. 2, 2007, compared to a rise of 1.8% in the year earlier period. Net sales rose 7.9% rise to $27.28 billion for the period and 8.5% to $375.41 billion for the y
Costco Reports 7% Rise in January Comps
Costco Wholesale Corporation reported an 11% increase in net sales for the four weeks of fiscal January to $5.11 billion from $4.62 billion in the same four-week period last year. Comparable store sales increased 7% for the month…
Shoe Carnival Reports 5.7% Decline in Q4 Comps
Shoe Carnival, Inc. reported a 7.3% decline in sales for the thirteen-week fourth quarter to $164.3 million from sales of $177.2 million for the fourteen-week period last year. Sales of approximately $11.5 million were recorded in the extra week of the fo
Zumiez Comp Sales up 1.7% in January
Action sports retailer Zumiez Inc. said comp store sales increased 1.7% for the four-week period ended Feb. 2, 2008, versus a comparable store sales increase of 12.4% for the four-week period ended Feb. 3, 2007. Total net sales for the period increased 16
REI Sees 8.2% 2007 Comps Growth
Recreational Equipment, Inc. (REI) reported sales of $1.34 billion for fiscal year 2007, growing 13.5% from 2006. In addition, REI’s comp store sales showed continued strength in 2007 at 8.2%, marking three consecutive years of 8% or higher. For the year,
prAna Management Team Buys Back Brand with PE Help
Liz Claiborne Inc. has entered into an agreement to sell substantially all of the assets and liabilities of prAna to prAna Living, LLC, a company formed by prAna's management team and Steelpoint Capital Partners for a purchase price consisting of a $
Dale Earnhardt Jr. to Debut adidas Three Stripes at Daytona
Dale Earnhardt, Jr. will debut the adidas three stripes at the 2008 Daytona Speedweeks. On Feb. 15, Dale Jr.'s exclusive adidas JR. Nation Gear will go on sale at Sports Authority available first in Daytona…
Red Oak Sportswear to Cease Operations
Red Oak Sportswear, the maker of licensed sports apparel in College Station, TX, plans to cut 124 jobs as it winds down operations, according to documents filed with the Texas Workforce Commission. The company, a division of Illinois-based Knights Apparel
Veltec Becomes Descente Licensee
Veltec has signed an agreement with Descente, Ltd. to become the licensee of the Descente brand for the cycling, triathlon, running and fitness markets, in North America and Europe beginning February 1. Descente will be a part of Veltec’s newly formed sof
Columbia Q4 Sales Up 4%; Company Sees Weaker Q1
Columbia Sportswear Co. said net sales rose 4% in the fourth quarter ended Dec. 31, thanks to robust growth in Latin America, Asia Pacific and Canada. The Columbia brand posted 6% growth and Mountain Hardwear increased 15% fro the quarter, while Sorel mo
OR Winter Marketplace Closes on High Note
Ending an energetic week in Salt Lake City that included a preview of fall ’08 apparel, gear and accessories, plenty of natural snow, and fashion shows packed to capacity, Outdoor Retailer Winter Market closed on a high note showing a resilient industry c
Garmin to Ship First Phone in Q3
Garmin International Inc. finally entered the mobile phone market with the nuvifone, an all-in-one, sleek and slim, touchscreen device that combines a premium phone, mobile web-browser, and cutting-edge personal navigator. Garmin said the touchscreen nuvi
Beyond Coastal and Chums-Chisco Merge
Beyond Coastal Sun Care and Chums-Chisco, have merged. With the merger, Beyond Coastal founder Shawn Biega will continue as an integral part of Sales and Marketing with Chums-Chisco. In addition, retailers will now be able to get more high margin, low cos
OBIT: Bob Humphrey of Schutt Sports
Bob Humphrey, the second-generation former owner of Schutt Sports, Inc., manufacturer of football helmets and faceguards, died Wednesday, January 24, 2008. He was 76. Mr. Humphrey was the son of Del Humphrey, who purchased Schutt Manufacturing Company in
