FansEdge.com Sets On-line Record
Dreams, Inc., led by FansEdge.com, said it surpassed its all-time record amount of orders and order value received on-line in a single day. The previous single day's record was 13,233 orders received with a value of $890,000 set on Dec. 12, 2007. Th
Forzani’s Q3 Net Income Tumbles 33%
Forzani Group Ltd's third quarter profit fell 33% to C$8.4 million ($6.77 million), or C28 cents a share, in the three months ended Nov. 2, from C$12.6 million ($10 million), or C36 cents a share, for the same time last year. Revenue rose 8.8% to C$3
Schutt Responds to Patent Infringement Allegations
"One has to question why an Illinois corporation, residing in California, and reconditioning in Mexico, would file a patent lawsuit in Madison, Wisconsin," says Robert Erb, President and CEO of Schutt Sports, Inc., in response to a patent infrin
Season Pass Sales Soar, Bookings Dive at Vail Resorts
Vail Resorts, Inc said last week that its season pass sales were up 29% from the same time last year, but that advance bookings at its mountain resorts were off 23%. The company said that if bookings don’t improve it will have to lower its guidance for th
Final Rule Announced Regarding Guns in Nat’l Parks
Assistant Secretary of the Interior for Fish and Wildlife and Parks Lyle Laverty said the Department of the Interior has finalized updated regulations governing the possession of firearms in national parks and wildlife refuges…
Kohl’s Acquires 31 Mervyns Locations
Kohl’s Corporation prevailed in a joint bid with Forever 21, Inc. in an auction of leaseholds held yesterday for Mervyns sites. Together, the retailers acquired 46 locations for approximately $6.25 million. Kohl’s will assume 31 of the locations while For
Marc Ecko Looking to Buy MMA Properties
According to iguillotine.com, Marc Ecko Enterprises is the leading bidder for ProElite, Inc., which produces MMA shows and owns the EliteXC MMA brand. The article claims MEE hopes to inherit ProElite’s television contracts with both CBS and Showtime…
Gander Mountain Swings to Third Quarter Profit
Gander Mountain Company reported sales of $269.9 million for the quarter ended Nov. 1, 2008, an increase of 4% over the prior year period. Comparable store sales decreased 6.5%. Net income for the third quarter was $770,000, or 3 cents per share, compared
Burton Relocates Brands to Vermont
Burton has begun transitioning The Program, which includes snowboard brands Forum, Special Blend and Foursquare, from its Irvine, CA offices to Burton’s Vermont headquarters. The company said the transition will be complete by early February and will allo
First Shoebox Opened in Asia
NexCen Brands, Inc. opened its first international Shoebox New York store in Hanoi, Vietnam. The store held its grand opening on November 28th with a traditional ribbon cutting ceremony. In the first three days following the opening, Shoebox New York sold
Wal-Mart U.S. Sales Rise 6.5% in November
Sales rose 6.5% and 1.4% at U.S. Wal-Mart and Sam’s Club stores for the four weeks ended Nov. 28, 2008, on comp store gains (excluding fuel) of 3.4% and 3.5% respectively. However, a stronger dollar caused the discounter’s international sales to decline 1
Dillard’s Sees Comps, Total Sales Fall in November
Dillard’s, Inc. merchandise sales for the four weeks ended Nov. 29, 2008 were $505.8 million compared to sales for the four weeks ended Dec. 1, 2007 of $559.2. Total sales decreased 10%. Sales in comparable stores decreased 9% for the four-week period. Sa
Neiman Marcus’ November Comps Fall 11.9%
Neiman Marcus, Inc. reported total revenues dropped 10.2% in November to $324 million from $360 million a year ago. Comps dropped 11.9%…
Kohl’s November Comps Tumble 17.5%
Kohl’s Corporation reported sales for the four-week month ended November 29, decreased 13.7% to $1,74 billion from $2.02 billion a year ago. On a comparable store basis, sales decreased 17.5%…
Target’s November Comps Slide 10.4%
Target Corporation's sales for the four weeks ended November 29, 2008 decreased 6.1% to $5.6 billion from $5.97 billion. Comps declined 10.4%. Sales results were unfavorably impacted by the loss of seven post-Thanksgiving holiday shopping days compar
