Wal-Mart Stores, Inc. reported that total company net sales increased 7.9% to 36.97 billion for the five-week fiscal March from $34.26 billion last year. Net sales at Wal-Mart Stores increased 5.0% to $23.21 billion from $22.12 billion for the year-ago mo
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JCPenney Sees 12.3% Comp Drop
J. C. Penney Company, Inc. reported comparable store sales decreased 12.3% for the five weeks ended April 5, consistent with its most recent guidance. This compares with an 11.0% increase in last year’s period. Total sales in March decreased 10.3% to $ 1.
Nike Extends Sponsorship of U.S. Olympic, Paralympic Teams
Nike announced it will extend its relationship with the U.S. Olympic Committee as an Official Outfitter of the U.S. Olympic and Paralympic Teams through the London 2012 Olympic Games. As an Official Outfitter, Nike will provide U.S. Olympic and Paralympic
House Votes to Set Aside Western Acreage for Recreation
The U.S. House of Representatives voted 277-140 today to pass HR 2016, the National Landscape Conservation System Act. Passage of the legislation, which sets aside 26 million acres of Bureau of Land Management land for recreation, is a major priority for
Conservation Alliance Identifies Winter Grant Winners
The Conservation Alliance announced recipients of its Winter 2008 funding cycle. Seventeen groups were awarded a total of $450,000, or half what the organization will grant this year…
NSGA: Volleyball Only Team Sport to Grow in 2007
According to the National Sporting Goods Association, exercise walking remained the most popular sport in 2007 in terms of participation as it grew 2.7%, a position it has held since 1990. Data contained in NSGA’s annual “Sports Participation – Series I a
NRF: Online Sales to Grow 17% in 2008
In a year where retail industry sales are expected to experience sluggish growth, Americans will continue to flock to the Internet, according to The State of Retailing Online 2008. The survey of 125 retailers suggests online retail will continue to be a b
OIA Delivers Letter of Support for NLCS
Outdoor Industry Association and American Hiking Society have delivered a letter to Congress from 60 member companies announcing unified support of the Bureau of Land Management’s National Landscape Conservation System. The U.S. House of Representatives i
Louisville Slugger Moves Bat Manufacturing to China
Hillerich & Bradsby, the maker of Louisville Slugger, is shutting down its manufacturing facility in Ontario, CA, and moving the operations to China, according to a report in the Courier-Journal of Louisville. The Ontario plant, which made aluminum and co
TomTom Q1 Sales Fall as Retailers Cut Inventory
TomTom said retailers reduced their inventory levels of its personal navigation devices more than expected and bought fewer in the first quarter even as the overall market for the devices expanded rapidly. The British company said sell-in was particularly
Canada to Create Massive National Park
Conservationists are celebrating Canada's decision to develop a new national park in the remote Northwest territories that will be larger than Banff National Park or the Grand Canyon National Park. On Monday, the Canadian government granted interim
NSGA: Exercise Walking Remains No. 1 Fitness Activity
Exercise walking, which experienced 2.7% growth in 2007, remains the No. 1 participation activity surveyed by the National Sporting Goods Association (NSGA), a position it has held since 1990. Data contained in NSGA’s annual “Sports Participation – Series
adidas Shifting U.S. Staff to Reg’l Offices…
Adidas America Inc. appears to be making moves to decentralize some sales operations while moving customer service and credit functions from its Portland, Ore. headquarters to its expanded facilities in Spartanburg, SC over the next six months…
New Confluence CEO Settles In, Adds to Team…
When Sue Rechner was named CEO of Confluence Watersports Company in December as part of a major overhaul of the paddling industry giant, she stepped into what many saw as a pretty tough position. The company had spent another season disappointing independ
Unifi Sees Polyester Yarn Prices on the Rise…
Another hefty price increase is working its way through the early stages of the supply chain that produces the fleece and other polyester apparel that is a staple of the outdoor industry…
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