Forest Service Catalogs Benefits from Recreation Use
Agriculture Secretary Tom Vilsack released a report showing the economic importance of America's National Forests and Grasslands to rural communities across the country…
Container Imports Expected to Taper at Summer’s End
Currently, retail sales continue to surge, affording a higher rate of import cargo volume to parallel the demand of the American consumers…
Adidas Sells Almost One Million Jerseys of Spanish Soccer Team
Adidas AG indicated it sold almost one million replica jerseys of the Spanish national team, which won the World Cup on Sunday…
OGIO Signs Italian Distributor
OGIO International announced the addition of Action to Sport (A2S) as the exclusive distributor of packs, motor sports and specialty action sports gear in Italy…
Randy Ruch Retires from Schuykill Valley Sports
Randy Ruch, founder, CEO and Chairman of the Board of Schuykill Valley Sports, retired July 1, 2010 after thirty-nine years in the sporting goods industry. Ruch opened his first store in Audubon, PA in August 1971. The company now operates eighteen store
Under Armour’s President David McCreight Resigns
Under Armour, Inc. announced that David McCreight is resigning as president of the Company, effective August 20, 2010. Kevin Plank, chief executive officer, chairman and former president of the company, will assume the duties of president, including manag
Alabama Outdoors Sold to Investor Group
Alabama Outdoors Inc. has been sold to SMAO LLC, an investment group led by Scott McCrory, who will now serve as president of Alabama Outdoors…
RECALL: Felt Bicycles
Citing faulty steer tubes, Felt Bicycles has issued a voluntary recall on its 2009 model B12, B16, and S32; roughly 2,100 bicycles sold through specialty stores nationwide from October 2008 through May 2010…
SmartWool Promotes Three
SmartWool Corporation said three internal candidates have been promoted to fill the newly created positions of general manager, international business; chief financial officer; and vice president,value chain…
RECALL: Wading Staffs
Citing a faulty detect button, Simms Fishing Products has issued a voluntary recall on certain 2010 model Wading Staffs sold through authorized Simms dealers from March 1, 2010 through June 17, 2010…
Golfsmith Secures $90M Loan; Opening 14 Stores
Golfsmith completed an amendment and extension of its revolving credit facility with GE Antares Capital…
Patagonia Takes Direct Action in Gulf Clean Up
Patagonia will send ten employees weekly to affected costal regions in the Gulf to work with long-term Patagonia grantee, the Louisiana Bucket Brigade, in oil-spill relief efforts. All employee wages and expenses will be paid in full during volunteer time
Stage Stores June Comps Dip 1.3%
Stage Stores, Inc. reported that its total sales for the five week June period ended July 3, 2010 increased 1.3% to $129 million from $128 million in the prior year five week period ended July 4, 2009. Comparable store sales decreased 1.2%…
Stein Mart’s Weak Comps Can’t Compensate for Fewer Stores
Stein Mart, Inc. reported sales for the five weeks ended July 3 declined 1.5% despite a 0.6% increase in comp store sales during the June reporting period. The discount department store said its year-to-date sales are now off 5.0% on a 3.1% comps decline.
NRF Releases Blueprint for Retailers to Leverage Mobile Technology
Nearly three-quarters of retailers are exploring mobile strategies, according to a recent Shop.org survey. However, 62% have either not yet begun or are only in the early stages of planning their mobile strategy. This alarming gap shows that many retaile
