Austin Canoe and Kayak to Reopen Houston Store Damaged in Fire
Austin Canoe and Kayak (ACK), a division of MSP Holdings, LLC will be hosting a “Grand Re-Opening” event on Nov. 10-11 to celebrate the reconstruction of the Houston store after experiencing a damaging fire back in March of 2012…
Regional Retail Sales Off 20 Percent in Wake of Sandy
MasterCard Advisor’s SpendingPulse estimated that retail sales in the Mid-Atlantic and Northeast Region dipped by $4 billion, or 20 percent, last week in the wake of Hurricane Sandy, Bloomberg reported…
Reebok-CCM Hockey Clashes with Bauer Over Hockey Helmet
Reebok-CCM Hockey in a press release said “stray comments” from Bauer’s CEO, Kevin Davis, and misinterpretations by some news outlets have created a misimpression that Bauer’s RE-AKT helmet is the only helmet that reduces rotational accelerati
Asics America’s First-Half Profits Vault on Double-Digit Sales Gain
Asics America Group, which includes United States, Brazil and Canada, announced that first half 2012 net income was up 17.9 percent over the same half in 2011. Net sales for the period were up 14.1 percent on a currency-neutral basis and operating income
Pearl Izumi Athlete Cameron Dye Renews Two-Year Contract
Boulder, CO-based Pearl Izumi announced Olympic-distance triathlete Cameron Dye has signed an additional two-year contract as a Pearl Izumi sponsored athlete.
REI to Open New Store in Puget Sound Next Fall
REI (Recreational Equipment, Inc.) said it will open a new store in Silverdale, WA in the fall of 2013…
Primal Signs Five-Year Deal to Sponsor RAGBRAI
Primal has signed a five-year agreement with RAGBRAI – the Register's Annual Great Bicycle Ride Across Iowa – to be the official apparel provider…
Trips for Kids Founder Price Honored by Alma Mater
The University of Michigan College of Letters, Sciences and Arts announced that alumnus Marilyn Price, class of 1962, is the recipient of the LSA Humanitarian Service Award because of her work with Trips for Kids.
Black Diamond Dials Back 2012 Revenue Guidance on Concerns Over Europe
Black Diamond Inc. said it expects fiscal 2012 results to come in toward the low end of its guidance because European retailers are pushing deliveries of winter product into the fourth quarter to conserve cash and reduce weather risk as the continent stru
SandP Rates The Sports Authority New Term Loan ‘B-‘
The Sports Authority is issuing a $630 million term loan B due in 2019. Standard & Poors said it is assigning our 'B-' issue-level rating to the term loan, with a recovery rating of '4'…
Big 5 SG Credits Best Comps Growth in Six Years to More Higher End Brands
Big 5 Sporting Goods Corporation attributed its strongest comp store sales gains in six years to its drawing more affluent consumers with higher end brands as well as more favorable weather and a shift in the Fourth of July…
Ragnar Relay Series Announces Canada to U.S. Race for 2013
Ragnar Relay Series presented by NordicTrack, one of the fastest growing endurance races across the United States, announced its first international race with the debut of the Ragnar Relay Niagara Ontario event in Canada…
Groupe Go Sport Again Buoyed by Courir in Third Quarter
Revenues at Groupe Go Sport, the third largest retailer of sporting goods in France, increase 4.0 percent to €189.2 million ($237 mm) in the third quarter. Same-store sales rose 4.9 percent in currency-neutral terms, according to Rallye, the French
Costco’s October Comps Gain 9 Percent
Costco Wholesale Corporation reported net sales of $7.67 billion for the month of October, the four weeks ended Oct. 28, an increase of nine percent from $7.01 billion during the similar four-week period last year. Comparable sales in the U.S. increased
Stage Stores October Comps Increase 6.5 Percent
Stage Stores, Inc. reported that comparable store sales for the four week October period ended Oct. 27 increased 6.5 percent. Total sales for the October period increased 9.8 percent to $113 million from $102 million in the prior year four week October pe