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
Rollen Jones Brings Experience to Schutt Sports
Boosting experience to their senior management team, Schutt Sports, Inc. has appointed Rollen Jones as the company’s CFO. Jones will oversee the company’s accounting, finance, treasury and human resources operations. The move continues the company’s re-st
HI-TEC Outdoor Sees Rise In Sales
HI-TEC has seen sales rise by 21% for the first quarter 2008 against the same period the previous year…
Iconix Brand Group, Inc. Revises Earnings Guidance
Iconix Brand Group, Inc. revised its full year 2008 revenue and earnings guidance. Revenue for 2008 is now expected to be in a range of $215 million to $220 million and diluted earnings per share are now predicted to be in a range of $1.15 to $1.20…
May Retail Hits the Middle; Weather Hurts Again…
It was back to the extremes for retail in May as both the high-end and low performed well, but the middle suffered. Overall, comparable store sales increased 3.0% for the month, according to a preliminary tally of 37 retail-chain stores compiled by the In
Gander Sees Lower SGandA Paving Way to Profitability…
Gander Mountain Co. reported sales climbed 18.2% to $207.7 million for the first quarter ended May 3, thanks to $19.7 million in direct marketing revenue from the recently acquired Overton's business and the opening of eight new stores…
Oregon Wants Its Cut of adidas/Payless Suit: $82 Million…
adidas AG may have to give the state of Oregon $82 million of its winnings in a trademark-infringement case against Payless ShoeSource. Oregon is entitled to 60% of punitive damage awards that involve state-law claims, the state's lawyer said in pap
Carve Designs Adds Two More Reps
Carve Designs, a maker of surf women's technical water sport and surf apparel, hired two more sales reps. Linda Morton & Co. will lead sales in the Pacific Northwest while The Horton Company will drive sales in Texas and the surrounding states. With
The Buckle Posts Another Impressive Month in May
The Buckle, Inc. saw comparable store sales jump 34.7% for fiscal May. Net sales for the four-week fiscal month ended May 31, 2008 increased 44.1% to $50.8 million from net sales of $35.3 million for the prior year period…
Quiksilver Income Up 19.4% Without Rossignol
Quiksilver Inc. reported a net loss of $240.2 million for the second quarter ended April 30 after classifying its Rossignol business as a discontinued operation. But the company said its income from continuing operations rose 19.4%. Revenues were up 15% t
Wal-Mart’s May Comps Climb 4.4%
Wal-Mart Stores, Inc. reported total comparable store sales rose 3.9%. Comps rose 4% at the Wal-Mart chain and 3.6% at Sam's Club. Comparable store sales in the Wal-Mart U.S. segment during the four-week May period were strong in grocery, health and
West 49 Sees 8.1% Q1 Comp Decline
West 49 Inc., the Canadian action sports chain, reported first quarter revenues fell 5.1% to $38.9 million ($38.1 million) from $41 million (40.2 million). Comparable store sales were down 8.1% on a consolidated basis and down 7.4% for the core West 49 ba
Dillard’s Comps Decline 7% in May
Dillard’s, Inc. announced that sales for the four weeks ended May 31, fell 5% to $499.7 million from $527.9 million. Comps decreased 7% for the four-week period. Sales of cosmetics and shoes were significantly above trend while sales in the home and furni
Suunto Partners with Runner’s World
Suunto is planning a series of grassroots events at running specialty stores through a new partnership with Runner’s World Magazine. The program targets seven key regions – Texas, California, New York City Metro, Atlanta Metro, Seattle, Chicago and Florid
BJ’s May Comps Rise 13.4% on Gas Boost
BJ’s Wholesale Club, Inc. saw net sales increase by 15.9% to $824.3 million from $711.0 million in May 2007. On a comparable club basis, sales for May 2008 increased by 13.4%, including a contribution from sales of gasoline worth 6.6%…
