The fourth quarter was a mix of good news and bad for the industry’s largest public sporting goods retailers as most saw a nice boost in footwear comps in January to cap off a fairly decent quarter for the business. The shift of footwear dollars from Feb
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Warm Weather, Consumer Confidence, and Gift Cards Create Perfect Storm at Retail in January…
Consumers warmed up to moderating weather patterns in January and pulled out their Christmas gift cards en masse to help retailers post a solid month and the perfect finish to the retail year. As in years past, gift card redemptions help push the holiday
Modest Results for Holiday Retail Reflects Continued Shift in Landscape…
Modest and mixed were the key words for December as retailers dealt with a changing retail landscape that saw even more consumer dollars shift to online spending and gift cards this year. Luxury retailers and wholesale clubs were again the big winners fo
Licensed Apparel Downturn Starts to Stabilize…
The downturn in the licensed apparel business from its peak two years ago appears to be stabilizing a bit as the market settles into the realities of a more fan-based business. The NFL and MLB businesses have shown remarkable resiliency despite the urban
Dick’s SG Finds the Right Formula for the Galyan’s Doors and Outdoor Business…
Dick's Sporting Goods reported its second full quarter since it completed the conversion of the acquired Galyan’s stores to the Dick's Sporting Goods format, and the first since it moved to support those stores with the marketing spend generally
Six Elected to Sporting Goods Hall of Fame
The Sporting Goods Industry Hall of Fame Committee has elected six new Hall of Famers. Alan Cohen, The Finish Line, Inc.; the late Dave Koch, New Era Cap Co.; Don Pfau, Sports, Inc.; Joachim Schroeder, retired from Karstadt Sports (Germany); Jim Soffe, M
Athletic Footwear: The Rumors of My Death are Greatly Exaggerated…
Wall Street analysts seemed to be working overtime the last few weeks, apparently trying to justify some recent comments made by a few that athletic footwear is on the decline. While a few retailers did report a slowdown in their Q2 sales of sneakers, mo
Hurricane Katrina: The Impact and the Aftermath; How Can the Industry Help the Country Prepare…
When Hurricane Katrina hit the gulf coast last week it was first assumed that New Orleans had lucked out as the storm moved east and hit the Mississippi coast head on. As we all know by now, the subsequent flooding of the city of New Orleans, the effect
Initial Second Quarter Retail Results Send Industry Stocks Lower…
As the first wave of second quarter reports started to come in for the sporting goods and athletic specialty retail sectors last week, the sluggish nature of the sales gains put just enough doubt in the minds of investors to send all industry stock indice
Cabela’s Becomes State Political Issue…
Nebraska gubernatorial candidate, Dave Nabity is basing a portion of his campaign on an economic development bill designed, in part, to bring a new Cabela’s retail store to Sarpy County. The bill, LB500 – now dubbed the ‘Cabela’s Bill’ was rejected by sta
There’s Still a Little Magic Left in Trade Shows…
After spending most of the last two months in an airplane or at trade shows (and far too much time in Las Vegas), it only seemed appropriate for Sports Executive Weekly to take an overall look at the market for 2005 and offer up a humble assessment of the
Gift Cards Help Boost January Retail Sales…
The expected benefit from holiday gift card redemptions helped boost January U.S. retail sales numbers as consumers cashed in the cards and took advantage of the traditional January clearance period. While nasty weather in much of the East kept people at
Industry Retailers Expand Mall Presence at Athlete’s Foot Lease Auction…
The Athlete’s Foot Stores, LLC gained approval last week for the results of its January 13 auction of roughly 60 store leases. DJM Asset Management was designated to pick up the most leases with 19 leases acquired for $367,000. PGAF Acquisition was next
The Earnings (or Warnings) Season…
The confluence of a seemingly rough retail environment due to unseasonal weather patterns, pending Q4 earnings reports, and a number of investor conferences led to a number of earnings warnings, affirmations, and even some upward guidance last week. In c
December Retail Further Magnifies the Dumbbell Effect; Athletic Key to Footwear Gains…
December retail, and the Holiday season in general, was seen as a “mixed bag” by analysts looking for some rhyme or reason behind the numbers that saw retail results all over the place this year. One thing is sure, if you had your own Internet business,
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