2009 PGA Fall Expo to Reduce Costs
The PGA of America will implement initiatives for the 2009 PGA Fall Expo to lower participation costs for exhibitors and buyers, increase exhibitor efficiencies and take a new approach to establish a buyer-centered show floor. PGA said lower-costing exhi
The Buckle Bucks Mall Trend
For a quarter that has seen many mall retailers struggle, The Buckle continues to not only endure the effects of the tumultuous environments, but has been able to post remarkable growth in the process — all while exceeding the lofty expectations of analy
Billabong Again Cuts Guidance on U.S. Weakness
Billabong International Ltd. has cut its fiscal 2009 guidance for the third time since mid-2008, citing the weak U.S. economy as reason for the reductions. The Australia-based surf company now expects to report full year net profit after tax in the range
Bon-Ton Q1 Remains in Line with Guidance with Reduced Inventories
The Bon-Ton Stores, Inc. said total sales for the first quarter of fiscal 2009 ended May 2, 2009. were $644.5 million compared with $700.2 million in the first quarter of fiscal 2008. The gross margin rate for the first quarter of fiscal 2009 increased 80
Collective Brands’ Stockholders Pass Proposals at Annual Meeting
Stockholders of Collective Brands, Inc. (NYSE: PSS) today approved all three of management's proposals at the Corporation's annual meeting. Stockholders re-elected three directors to the Collective Brands Board of Directors, ratified the reappoi
Hibbett Sports Q1 Profits Up on Comp Sales Gain
Hibbett Sports, Inc. net sales increased 8.1% to $157.7 million for the fiscal first quarter ended May 2, compared with $145.8 million for the year-ago period. Comparable store sales increased 2.4% for the quarter. Net income increased 16.4% to $10.9 mill
Sears Reports Q1 Sales Fall 10.1%; Aggregate Comps Down 7.4%
Sears Holding Corporation reported total revenus for the first quarter ended May 2 decreased 10.1% to $10.06 billion as compared to total revenues of $11.07 billion for the 13 weeks ended May 3, 2008. The decrease includes a $208 million decline due to un
Backcountry.com Launches Two Cycling Websites
Backcountry.com officially launched their two new bike stores:
HuckNRoll.com, dedicated to mountain bikers, and RealCyclist.com, the world's first exclusive road cycling shop online. These new stores join Backcountry.com's other cycling focused
2XU Names National Sales Manager for Compression Division
Sports Multiplied, USA distributor for 2XU performance athletic apparel has named Johnny West it’s national sales manager for its 2XU Compression division. West comes with vast experience in the outdoor industry having worked for brands such as K2 Sports
Shoebuy.com Recognized for Supporting Homeless Veterans
Shoebuy.com was named a recipient of the National Coalition for Homeless Veterans Corporate Partner Award of 2009. This honor, announced at the NCHV Annual Conference in Arlington, Virginia, recognizes Shoebuy.com's extensive efforts to dedicate reso
Ross Q1 Comps Up 3% as Sales Grow 9%
Ross Stores, Inc. said earnings per share for the 13 weeks ended May 2, 2009 rose 20% to 72 cents, from 60 cents for the 13 weeks ended May 3, 2008. First quarter 2008 results included a real estate settlement that increased earnings per share by about 2
Stein Mart Q1 Comps Fall as Earnings Rise with Controlled Inventories
For the first quarter ended May 2, 2009, Stein Mart earned $16.1 million or 38 cents per diluted share as compared to $7.0 million or 17 cents per diluted share in 2008. As previously reported, net sales for the first quarter decreased 9.2% to $319.6 mill
Adidas Group Names Chief Officers for Sales and Retail
Adidas Group announced new chief officers for sales and retail responsible for both adidas and Reebok. Effective July 1, Roland Auschel will assume the role of chief sales officer. Michael Stanier joined the adidas Group as chief retail officer on May 15.
JJB Sports Sees YTD Comps Tumble 23%
JJB posted a net loss of 167.6 million pounds ($264.6 million) for the year ended Jan. 25 compared with a profit of 9.6 million pounds for the same period a year earlier. The company took an exceptional charge of 171.7 million pounds due to store closures
Zumiez Makes Bid for Active Ride Shop
Zumiez has reached an agreement to acquire Active Ride Shop, which is reorganizing in bankruptcy proceedings. According to court papers filed in the U.S. Bankruptcy Court of the Central District of California, Zumiez will pay as much as $7.2 million in c
