SGB Executive

TJX July Same-Store Sales Up 3.0%

The TJX Companies, Inc. reported July 2003 sales were $899 million, up 11% over $810 million achieved during the four-week period ended August 3, 2002. Consolidated comparable store sales for the four-week period increased 3% from last year…

Nordstrom July Comps Increase 6.1%

Nordstrom, Inc. reported preliminary sales of $690.2 million for the four-week period ending August 2, 2003, an increase of 9.0% compared to sales of $633.4 million for the four-week period ending August 3, 2002. Same-store sales increased 6.1%…

Columbia’s Footwear D.C. to Land in Kentucky

Columbia Sportswear Company announced its intention to construct a new footwear distribution center in Henderson County, Kentucky. This will be Columbia's second U.S.-based distribution center. The Company expects the construction of the distribution

Prince Appoints New CFO

Prince Sports, Inc. announced the appointment of Dave Evins as Executive Vice President and Chief Financial Officer, reporting directly to George Napier, CEO. In addition to being a key part of the senior management team, Evins' scope of responsibili

Marmot Receives 2003 AMGA Award

Marmot Mountain Ltd. is the 2003 recipient of the American Mountain Guides Association's Industry Award. AMGA Executive Director Mike Alkaitis will present the award to Tom Fritz of Marmot at this year's Summer Market Outdoor Retailer Show…

Marmot Mountain Acquires Marker Apparel Licensee

Marmot Mountain, Ltd. announced the acquisition of Marker, Ltd. Terms of the acquisition were not disclosed. Marker, Ltd. is the international apparel licensee of the well-known binding manufacturer, Marker International, GmbH, of Zug, Switzerland and wa

Liquidmetal Q2 Loss Widens as Sales Triple

Liquidmetal(R) Technologies, Inc. reported revenues for the second quarter increased 199% to $6.4 million from revenues of $2.1 million for the second quarter of 2002. Due to restructuring efforts, the loss from continuing operations in the second quarte

Finish Line Opens 500th Store

The Finish Line will open its 500th retail store at the Mall of America on Friday, August 1, 2003. To celebrate the grand opening, Finish Line will give away 500 pairs of shoes to the first 500 customers in line…

Russell Renews Georgia Tech Sponsorship

Russell Athletic renewed its sponsorship with hometown partner Georgia Tech, making Russell the Official Uniform and Apparel of the Georgia Tech Athletic Association (GTAA) for the next five years…

Tender and Adventure Medical Kits Join Forces

Oakland based Adventure Medical Kits announced that after a two year strategic distribution partnership, Tender Corporation, has invested in the 14-year old manufacturer of outdoor medical kits, safety supplies and information…

Smart Wool’s Coe Adds President to Title

SmartWool Corporation announced the promotion of Chip Coe to President. Coe joined SmartWool in 2000 as the Chief Operating Officer. In his position as President, Coe will continue to oversee the strategic planning for SmartWool as well as the day-to-day

May Company to Close 32 Lord and Taylor Stores

The May Department Stores Company announced that it intends to “divest” 32 Lord & Taylor stores as part of its strategic repositioning of Lord & Taylor as an upscale fashion retailer. The affected stores are located in markets where Lord & Taylor lacks a

Big 5 Triples Q2 GAAP Net Income; Pro Forma Up 3.4%

Big 5 Sporting Goods Corporation reported financial net sales for the second quarter increased 4.6%, to $170.1 million from $162.7 million in the second quarter of 2002. Same store sales increased 0.9%, representing BGFV's 30th consecutive quarterly

GSI Commerce Narrows Q2 Loss on 502% Sales Increase

GSI Commerce announced net revenue for second quarter was $50.3 million, compared with net revenue of $33.1 million in the second quarter of fiscal 2002, an increase of 52.3%. Net merchandise sales increased 83.9%, including a 43.3% increase in sporting