SGB Executive Outdoor
GI Joe’s Sell Equity Stake to Finance Growth…
G.I. Joe’s Sports & Auto Stores has received $11.5 million in equity financing through a deal inked last week with Nogales Investors, a Los Angeles-based private equity firm. The bulk of the financing will be used to finance expansion in the Northwest, w
David and Goliath… or was that BikeE and Giant…
BikeE and Giant are tangled in a legal dispute over manufacturing contracts, recalls and trade secrets. BikeE was the manufacturer of a semi-recumbent bike and saw some success in the market. According to court documents, BikeE’s sales grew from $523,000
Wallenfels Starts a New Era at Mountain Hardwear…
Mike Wallenfels, VP of sales and marketing at Mountain Hardwear for the past ten years, has been promoted to president, succeeding Jack Gilbert, co-founder of the company. Wallenfels will begin in his new role on the first of the year, while Gilbert will
Wolverine Sues to Protect Moc Patents…
Wolverine World Wide has filed a patent infringement lawsuit against Harbor Footwear and Kohl’s for allegedly violating Merrell design patents on three separate models – The Jungle Moc, Jungle Slide and Winter Moc. Harbor Footwear and Kohl's are sell
REI Expands DC; Also Looks at Possible Eastern Location…
REI is beginning construction on a 144,000 square foot expansion to their distribution facility in Sumner, WA, near the co-op’s Seattle area-based corporate headquarters. All of REI’s distribution, including internet purchases and in-store pick-ups are h
Gander Mountain Q3 Hit by Weather Impact; Store Plan Stays on Track…
Gander Mountain saw its third quarter net income cut in half versus the year-ago period on a 7.5% decline in comparable store sales. The company fueled its reported increase in Q3 sales with a 52% increase in total square footage and 14 new stores opened
PacSun October Comps Climb 8.5%
Pacific Sunwear of California reported that total sales for the four weeks of October of fiscal 2004 were $74.9 million, an increase of 19.6% over total sales of $62.6 million for the four weeks of October of fiscal 2003. Company same-store sales increase
Burch Launches Sports Marketing Firm
Howe Burch, former Senior Vice President of Sports Marketing & Communications at global sportswear brand Fila, has launched a new sports marketing and communications resource called t w e l v e…
TJX October Comps Jump 7%
The TJX Companies reported sales for the four-week period ended October 30, 2004, were $1.3 billion, up 15% over $1.1 billion achieved during the four-week period ended November 1, 2003. Consolidated comparable store sales for the four-week period ended O
Dillards Comps Fall 5% in October
Dillard's sales for the four weeks ended October 30, 2004 were $456,722,000 compared to sales for the four weeks ended November 1, 2003 of $481,328,000. Sales declined 5% for the four-week period on both a total and comparable store basis…
Retail Ventures October Comps drop 0.2%
Retail Ventures reported sales for the month of October and revised its earnings estimate for the third quarter and fiscal 2004. For the four-week period of October, sales increased 8.2% to $231.8 million from $214.2 million in October 2003. Comparable st
Bon-Ton Comps Fall 5.2% in October; Beerman up 5.8%
The Bon-Ton Stores total sales for the four weeks ended October 30, 2004 increased 39.0% to $96.9 million, including $45.3 million from the acquired Elder-Beerman stores, compared to $69.7 million for the same period last year. Last year's total sale
October Comps Up 8% at Costco
Costco Wholesale Corporation reported net sales of $3.79 billion for the four weeks ended October 31, 2004, an increase of 11 percent from $3.42 billion in the same four-week period of the prior fiscal year. Comparable store sales climbed 8% for the month
May Comps Fall 2.2% in October
The May Department Stores Company reported preliminary net sales of $1.09 billion for the four-week period ended Oct. 30, 2004, a 22.9% increase from $887.3 million in the similar period last year. Store-for-store sales decreased 2.3%. October store-for
Stein Mart October Comps Jump 12.3%
Stein Mart, Inc. announced total sales climbed 11.7% to $110.1 million and comparable store sales climbed 12.3% for the fiscal period ended October 30, 2004…
