NRF Calls Passage of Landmark Swipe Fee Fix Major Victory
Provisions in the financial services reform bill passed by the Senate Thursday requiring reasonable debit card swipe fees and making it easier for merchants to give discounts to customers who don't use credit cards represent a major victory for retai
Sportfishing Community Applauds Fisheries Management Legislation
A coalition of marine recreational fishing, boating, and conservation organizations and businesses praised new legislation designed to safeguard the strong conservation standards of the Magnuson-Stevens Fishery Conservation and Management Act (MSA) while
West Marine Reports 8.4% Increase in Second Quarter Revenues
West Marine, Inc. reported net revenues for its 13-week 2010 fiscal second quarter ended July 3, 2010 of $233.4 million, an increase of $18.0 million, or 8.4%, from net revenues of $215.4 million a year ago..
West Marine Reports Q2 Comps Rise 9.4%
West Marine, Inc. said comp store sales grew 9.4% in the second quarter ended July 3 and helped push net revenues up 8.4% to $233.4 million. The company said early spring weather in New England and greater wholesale sales helped drive business, while sale
RECALL: Seattle Bike Supply Redline Conquest Cyclocross
Seattle Bike Supply of Kent, WA has voluntarily recalled its 2010 Redline Conquest Cyclocross bicycles and framesets due to faulty forks, the Consumer Product Safety Commission reported…
Zumiez Abandons Pursuit of West 49
Zumiez Inc. said it was ending its takeover pursuit of West 49 Inc., leaving the path open for Billabong International Ltd. to continue its deal to buy the Canadian action-sports retailer. Last week, Zumiez approached West 49, saying it was prepared to ma
Horny Toad Hires Global Director of Sales
Horny Toad appointed Brian Thompson as the global director of sales. Thompson will be based out of Horny Toad's sales headquarters in Santa Barbara, CA. His experience includes 13 years at Cutter & Buck, where he led the overall operations for three
Eagle Nest Outfitters Celebrates 10th Anniversary
Eagles Nest Outfitters (ENO), creators of outdoor nomadic comfort including durable hammocks and many adventure travel accessories, is celebrating its 10-year anniversary…
Sport Chalet Launches Scuba Treasure Hunt
Sport Chalet, Inc. in cooperation with TUSA, Aqua Lung, Mares and Sea Pearls, is inviting SCUBA divers to find one of three sunken treasure bars valued at $5,000, $3,000 and $1,000. The contest ends July 25, 2010…
Champion Launches Athletes’ Creed Campaign
Champion Athleticwear, the National Alliance for Youth Sports and a council of key sports industry leaders are launching an effort to create an Athletes' Creed, a belief system designed to inspire players of all levels to reclaim the pure enjoyment o
Cornell May Cut Nike License Over Honduran Issues
Without “significant progress” in resolving an ongoing labor dispute in Honduras, Cornell University said it will end its licensing agreement with Nike by the close of the year…
Billabong to Acquire RVCA
Billabong International Ltd. reached a conditional agreement to acquire California apparel brand RVCA. Terms of the deal were not disclosed. Billabong expects RVCA to contribute 2% to Billabong group revenues in the 2010/2011 fiscal year and be neutral to
Under Armour’s President David McCreight Resigns
Under Armour, Inc. announced that David McCreight is resigning as president of the Company, effective August 20, 2010. Kevin Plank, chief executive officer, chairman and former president of the company, will assume the duties of president, including manag
Stage Stores June Comps Dip 1.3%
Stage Stores, Inc. reported that its total sales for the five week June period ended July 3, 2010 increased 1.3% to $129 million from $128 million in the prior year five week period ended July 4, 2009. Comparable store sales decreased 1.2%…
NRF Releases Blueprint for Retailers to Leverage Mobile Technology
Nearly three-quarters of retailers are exploring mobile strategies, according to a recent Shop.org survey. However, 62% have either not yet begun or are only in the early stages of planning their mobile strategy. This alarming gap shows that many retaile
