J.C. Penney Reports Nov. Comps Down 12%
J. C. Penney Company, Inc. reported comparable store sales decreased 11.9% for the four-week period ended Nov. 29, 2008, in line with the company’s guidance for a low-double digit decrease and compared with a 5.4% increase during the same period last year
Rising Dollar Doubles TJX’s November Comps Decline
The TJX Companies, Inc. said sales for the four weeks ending Nov. 29 fell 9% compared to the comparable period last year. Comp stores sales fell 6% when excluding the the impact of “dramatically declining foreign exchange rates.” The company said the mark
Element 21 Golf Expands Distribution
Element 21 Golf Company said ts golf and fishing products are now carried in 450 stores, an increase of 275 stores from year-end (June 30, 2008). The company also said the majority of the Big Box stores locations are coming on board in the 2009 season…
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
Golfsmith Introduces Live Chat Service
Golfsmith International Holdings, Inc. said it has became the first golf and tennis specialty retailer to offer a Live Chat service online. With technology from InstantService, the service provides quick, personal assistance with Live Chat online at Golfs
Basic Golf named Official Clothing Partner of Universal Golf
Basic Golf, LLC, based in Chicago, has become the official clothing partner of Universal Golf, the magazine. In addition to outfitting Universal Golf with shirts and hats for their staff, Basic Golf will be giving away a free CoolDry moisture wicking shir
October Rounds of Golf Played Shows Slight Decline
The Golf Datatech National Golf Rounds played showed that golf is finally showing signs of this lagging economy, with most regions included in the report posting losses for October 2008. According to the report, national golf rounds played in the U.S. wer
Zumiez Comps Fall 15% in November
Zumiez Inc. reported a 15% decline in November comps on a day when only five out of the 27 retailers tracked by Sports Executive Weekly posted positive comps for the month. The company's total net sales for the four-week period ended Nov. 29, 2008 fe
Collective Brands Q3 Net Earnings Jump
Collective Brands, Inc. made $47.5 million, or 75 cents per diluted share, in net earnings for the third quarter ended Nov. 1, 2008 compared to third quarter 2007 net earnings of $25.5 million, or 39 cents per diluted share. Excluding litigation items in
OIWC Seeks Award Nominees until Dec. 15
The Outdoor Industries Women’s Coalition (OIWC) is soliciting nominations for its annual 2009 Pioneering Woman and First Ascent awards. The deadline for submitting a nomination is Dec. 15…
Shimano Hires Midwestern Rep
A midwestern rep agency out of St. Paul, MN now represents Shimano Bicycle in an 11 state area in the midwest. The agency which has been in business for over 20 years in the mid-west is headed by Bill Kaplan and Pat Padden and also represents Yakima Racks
comScore: Online Spending Jumps 15% on Cyber Monday
Retail e-commerce spending for the 31-day period ended Dec. 1 declined 2% to $12.03 billion versus the corresponding days last year, according to a survey by Internet measurement firm comScore. However, on Cyber Monday, sales…
Campaign Implemented to Halt Illegal Firearm Purchases
The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) and representatives from the National Shooting Sports Foundation (NSSF) – announced a major campaign to reduce the illegal straw purchases of firearms in New Jersey…
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
Fish and Wildlife Service Finalizes Light Goose Conservation Rules
The U.S. Fish and Wildlife Service recently finalized rules allowing the use of expanded hunting methods and implementation of a conservation order to increase light goose harvest…
