Ross Stores’ December Comps Increase 6 Percent
Ross Stores, Inc. reported that sales increased 11 percent to $1.276 billion for the five weeks ended Dec. 29, 2012, up from $1.149 billion in sales for the five weeks ended Dec. 31, 2011. Comparable store sales for the month grew 6 percent on top of a 9
TJX Lifts Q4 Guidance on Robust December Comps
The TJX Companies, Inc., which just acquired Sierra Trading Post, reported consolidated comparable store sales in December increased 6 percent over an 8 percent increase last year. The off-pricer raised its EPS guidance for the fourth quarter…
New Owners to Upgrade Maryland’s Wisp Resort
Everbright Pacific said it has immediate plans to expand and improve mountain services along with associated amenities at Wisp Resort in McHenry, MD, which was acquired last month by an REIT…
SFIA Disappointed Tariff Relief Not Included in ‘Fiscal Cliff’ Bill
The SFIA and the business community had pushed for inclusion of a Miscellaneous Tariff Bill (MTB) in the recently passed American Taxpayer Relief Act (H.R. 8), which prevented the country from going over the ‘fiscal cliff’. SFIA had 11 duty r
Surftech Appoints Sammy Nigh Director of National Sales
Surftech, the maker of surf and stand-up paddleboards based in Santa Cruz, appointed Sammy Nigh as its new director of North American Sales. Before joining Surftech, Nigh previously served as head of sales at Sessions Outerwear and Fox Sportswear.
REI Awards $100,000 Grant to Fund Green Lane Project
REI (Recreational Equipment Inc.) has awarded a $100,000 grant to the Bikes Belong Foundation to expand its Green Lane Project, which aims to create world class bicycling facilities in six U.S. cities…
Cocona Lands $15 Million Private Placement
Cocona, Inc. closed a $15 million funding round lead by an affiliate of H.I.G. Growth Partners, which has become Cocona's newest minority equity investor. Prior investors Fairhaven Capital and OnPoint Technologies, Inc., also participated in the roun
Intradeco Apparel Acquires Knothe Sleepwear
Intradeco Apparel has acquired certain assets of Knothe Apparel Group, a manufacturer of men's sleepwear. Terms of the deal were not disclosed…
Survey: 56 Percent of U.S. Gym Members Dread the Return of the New Year’s Resolution Crowd
A new CouponCabin.com survey reveals that 65 percent of U.S. adults plan on making fitness-related new year's resolutions this year. Eating healthier, getting in better shape and losing weight top the list, followed by exercising more at home and out
NEMO Equipment Adds Sales Manager, Accountant and Rep
NEMO Equipment, Inc. has added a North American sales manager and staff accountant to its in-house team, along with a new outside sales rep for the mid-Atlantic region. The outdoor gear maker reports bookings are up 50 percent for Spring 2013…
Stradalli Cycle’s New Board of Advisors Convene
Stradalli Cycle, the high performance carbon bicycle manufacturer, has held the first meeting of its new eight member advisory board, which is made up of cycling coaches, champion racers and manufacturing leaders…
New Balance Signs First Tennis Player
Canadian tennis star Milos Raonic has become the first player to endorse New Balance's new line of tennis shoes and apparel…
Nike Golf Signs Kyle Stanley and Nick Watney
Nike Golf announced the addition of PGA Tour athletes Kyle Stanley and Nick Watney to its Tour Staff. Both had formerly been with Titleist…
Sturtevants Sold to Long-Time Employee
Sturtevants Mountain Outfitters has been purchased by a long-time employee with help from a customer and silent partner, according to a report in the Idaho Mountain Express and Guide…
NRF Welcomes Agreement To Avoid Fiscal Cliff
The National Retail Federation welcomed an agreement reached between the White House and Congress on a plan to avoid the fiscal cliff. The agreement was approved by the Senate early this morning and could be considered by the House as soon as today…
