SGB Footwear

U.S. Government to Study Youth Sports Concussions

The Institute of Medicine, part of the National Academies of Science, will probe sports-related concussions in young people from elementary school through early adulthood. According to the Institute of Medicine website, a committee “will conduct a study o

Sears Holdings CEO to Step Down

Sears Holdings Corporation said Louis J. D'Ambrosio will step down as CEO to attend to family health matters at the end of the company's fiscal year on Feb. 2, 2013. Edward S. Lampert will then assume the role of CEO of Sears Holdings, in addit

Winter Sports-Related Injuries Take Toll

According to the U.S. Consumer Product Safety Commission, in 2011, more than 290,000 people were treated in hospitals, doctors' offices and emergency rooms for winter sports-related injuries…

The Finish Line Lowers Guidance on Weak Q3

The Finish Line, Inc. reported a small loss of $107,000, or less than 1 cent a share, in its third quarter ended Dec. 1. Comps were up 3.6 percent but came in below plan due primarily to a shift in athletic footwear trends and a less than favorable consum

Quiksilver’s McKnight to be Succeeded by Disney Exec

Robert B. McKnight Jr. will step down as CEO of Quiksilver Inc., replaced by former Disney and Nike executive Andy Mooney, according to a Wall Street Journal report. The management change will be effective Jan. 11. McKnight will become executive chairman.

Costco Reports U.S. Comps Rose 8 percent in December

Costco Wholesale Corporation reported comp store sales for the five weeks ended Dec. 30, 2012 grew 8 percent in the United States, excluding fuel sales, from the year earlier period. The inclusion of an extra day compared to last year, due to the timing o