SGB Footwear

SRAM Cycling Fund Makes First Donation

The SRAM Cycling Fund has made a $200,000 contribution to the Safe Routes to School National Partnership. This is the first award made by SRAM's Cycling Fund that was created on Sept. 30, 2008. During the next five years, the Fund plans to award $10

Bally Total Fitness Files for Chapter 11

Bally Total Fitness Corporation filed for voluntary Chapter 11 Bankruptcy Protection in the U.S. Bankruptcy Court for the Southern District of New York. Bally intends to use the Chapter 11 process to significantly reduce debt from its balance sheet while

Marc Ecko Looking to Buy MMA Properties

According to iguillotine.com, Marc Ecko Enterprises is the leading bidder for ProElite, Inc., which produces MMA shows and owns the EliteXC MMA brand. The article claims MEE hopes to inherit ProElite’s television contracts with both CBS and Showtime…

MEC Buys Store Building

Mountain Equipment Co-op (MEC) has purchased the Portage Avenue building that houses its Winnipeg store from Centre Venture, the city's downtown development agency. The Canadian outdoor retailer bought the 20,000-square-foot building for $2.35 millio

Puma Forms UK Team Sports Alliance

Puma has teamed up with Genesis Group International Ltd., its exclusive licensee for pro teamsports in the UK and Ireland, to target grassroots football and rugby teams through a new website www.thekitteam.com…

Billabong Cuts EPS Forecast on Weakening US Sales

Billabong International Limited nearly halved its guidance on EPS growth for fiscal 2008-09, citing further deterioration in consumer sales, primarily in the United States. The world's largest publicly traded surf company said forward orders remain g

Nordstrom’s Fined Over Kid’s Hoodies

Nordstrom Inc. has agreed to pay a $60,000 civil penalty to settle allegations that it knowingly failed to report to the Consumer Product Safety Commission immediately, as required by federal law, that its children's hooded jackets and sweaters were

Sportsman’s Warehouse HQ Likely to Remain in Utah

The Canadian agricultural co-op that has signed an MOU to buy Utah-based Sportsman's Warehouse expects to eventually combine the chain with a Canadian chain it bought earlier this year under a single brand, according to a report by New West. Expansio

Long Beach Delays and Lowers Container Fee

The Port of Long Beach has announced it will delay until at least July 1, 2009, and lower to $6 from $15 a fee on 20-foot equivalent containers that was set to go into effect Jan. 1, 2009. The Port of Los Angeles is expected to announce a similar delay a

Stage Stores November Comps Beat Guidance

Stage Stores, Inc. reported that its total sales for the four week November period ended Nov. 29, 2008 decreased 4.8% due in part to the timing of the Thanksgiving weekend. Comparable store sales decreased 8.0% versus an increase of 3.6% last year…

Nielsen, OIA To Survey Retailers on OR Show

Outdoor Retailer and the Outdoor Industry Association will launch a four-week online survey to gather retailer's suggestions on improving the Outdoor Retailer Summer Market trade show. An analysis of the results should be ready in time for the OR Sum

Bon-Ton Stores November Sales Fall 16%

The Bon-Ton Stores, Inc. comparable store sales for the four weeks ended Nov. 29, 2008 decreased 16.0% compared with the prior year period. Total sales for the four weeks decreased 15.5% to $332.3 million compared with $393.1 million for the prior year pe

Precor to Open Facility in North Carolina

Precor Inc. will open a new Southeast manufacturing, assembly and distribution facility at Rock Creek Center in Eastern Guilford County in NC. The company, based in Greensboro, NC, will build a 225,000 sq. ft. LEED certified building to accommodate their

Stein Mart Nov. Comps Down 14%

Stein Mart, Inc. reported comparable store sales for the four-weeks ended Nov. 4 decreased 14.2% compared with the yea-ago period. Total sales for the period were $118.8 million, a 15.3% decrease from $140.2 million in the year ago period…