Goody’s Family Clothing Files Chapter 11, To Close 69 Doors
Goody’s Family Clothing, Inc. has filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. As part of the reorganization process, the retailer w
National Get Outdoors Day Set for Saturday
More than 45 locations will sponsor events for the inaugural National Get Outdoors Day June 14. The event – co-sponsored by the Forest Service and the American Recreation Coalition – is designed to engage urban and multicultural youth in nature-based acti
Patagonia Launches
Patagonia launched its “Voice Your Choice” campaign in which it invites customers at each of its stores nationwide to select a at stores nationwidelocal environmental organization to receive a $4,000 grant. Consumers can cast their ballots in a Patagonia
Cabela’s to Open Rapid City Store Aug. 7
Cabela’s said it will open its newest store in Rapid City, S.D. at 5:00 p.m. local time on Thursday, August 7, 2008. Rapid City is Cabela’s second South Dakota store. The company also operates a store in Mitchell, S.D…
Paddlesports Industry Foundation Nominates Honorees
The Paddlesports Industry Foundation has announced the 2008 slate of nominees from which six honorees will be elected to and inducted into the International Whitewater Hall of Fame (IWHoF) this Fall. The list includes…
New Balance Supports Special Olympics
The New Balance Foundation said it is supporting the Special Olympics Massachusetts with a gift of $100,000. The New Balance Foundation said its gift “will be used to support the athletic training and competition activities for all Special Olympics Massac
Japan Lets Swimmers Wear Speedo
Japanese officials agreed to permit its swimmers to wear Speedo's controversial LZR bodysuit at August's Beijing Games. The Japan Swimming Federation (JSF) had until now required its swimmers in the Beijing Olympics and world championships to we
Mizuno Opens New Distribution Center
Mizuno USA, Inc. has opened a new 300,000 square foot distribution center at the Hamilton Mill Business Center in Buford, GA to support the company’s continued growth and to meet future market demands. The new Distribution Center will also lead to improv
Bakers Footwear Posts Widened Q1 Loss as Comps Slide
Bakers Footwear Group, Inc. reported net sales for the first quarter decreased 11.8% from the year-ago period. Comparable store sales for the first quarter of fiscal 2008 decreased 11.1%, compared to a decrease of 9.3% in the prior-year period. The compan
Collective Brands Gets Lift from Stride Rite, but Jury Award Hits the Bottom Line…
Collective Brands Inc. took a big hit at the retail cash register at its Payless retail division in the fiscal first quarter ended May 3, but the acquisition of Stride Rite, which was not in the numbers in Q1 last year, provided a nice boost to the top-li
SGB Honors Recipients of Inaugural 40 Under 40 Awards…
The finalists for the first annual SGB 40 Under 40 awards have been selected and will be honored at an invitation-only event on June 9, 2008 during the SGMA Team Sports and Sports Licensing Show. The finalists, honored by their peers as the best and brig
Volcom Names Woolcott Chairman
Volcom, Inc. has elected Richard R. Woolcott as chairman of the board of directors. Meanwhile, Jason W. Steris, COO, will add the the duties of president to his role. Richard Woolcott, who remains chief executive officer, succeeds René R. Woolcott as chai
Saks May Comps Slide 8.7%
Saks Incorporated net sales declined 8.7% to $227.2 million for the month of May from $248.9 million last year. Comparable store sales decreased 8.7% for the period…
Earlier Sale Date Boosts Nordstrom’s Comps
Nordstrom, Inc. reported preliminary sales of $716 million for the four-week period ended May 31, 2008, an increase of 12.2% compared to sales of $638 million for the four-week period ended June 2, 2007. Same-store sales rose 10.9% thanks to earlier timin
Outdoor Sporting Goods Sales Up 37% Since 1997
While participation in hunting, fishing and camping is in decline, sales in these categories from 1997 through 2007 grew 37%, or faster than the overall sports equipment category, which grew 32.8% during the decade, according to the National Sporting Good
