Sport Supply Group Fiscal Q2 Sales Increase, but Earnings Down on Debt Retirement
Sport Supply Group reported that sales increased 4.4% for its second fiscal quarter ended December 31 to $55.5 million from $53.1 million in the year-ago period. Earnings fell by 12.4% for the quarter, from $1.1 million to $0.9 million in the latest quart
NRA: Housing Authority Lifts Gun Ban, Restores 2nd Amendment Rights
Delaware gun owners and Second Amendment advocates earned a victory this week as the Newark Housing Authority (NHA) withdrew a gun ban that had prohibited its residents from legally possessing firearms in their homes, according to a release issued by the
New Balance Opens Shanghai Store
New Balance has opened its first Experience Store in Shanghai. It is New Balance's second Experience Store in China, following the opening of its first on Beijing's Qianmen Avenue last year…
Salazar, Vilsack Establish New Advisory Council on Wildlife Conservation and Hunting Issues
Secretary of the Interior Ken Salazar and Secretary of Agriculture Tom Vilsack have created the Wildlife and Hunting Heritage ConservationCouncil, an official advisory group under the Federal Advisory Committee Act…
Icebreaker Receives LEED Certification for U.S. Headquarters
Icebreaker has received LEED (Leadership in Energy and Environmental Design) gold certification for its U.S. headquarters in Northwest Portland from the U.S. Green Building Council's Green Building Rating System…
Macy’s January Comps Climb 3.4%
Macy's Inc. reported January same-store sales rose 3.4%. Total sales also rose 3.4%, to $1.26 billion. Macy's also said it's raising its fourth-quarter earnings target to $1.35 to $1.37 a share, excluding restructuring-related costs. The co
Bon-Ton’s January Comps Climb 5.3%
The Bon-Ton Stores, Inc. reported comparable store sales increased 5.3% for the four weeks ended Jan. 30, 2010. Total sales for the four weeks increased 4.7% to $180.1 million compared with $172.0 million for the prior year period…
Point6 Appoints Bill Post as President
Point6, the manufacturer of wool socks, plans to appoint Bill Post as its new president, effective March 1, 2010. Post most recently served as president and CEO of Nordica Apparel, and also served as president for Sport Obermeyer in Colorado…
Bakers Footwear Comps Inch Up 0.8%
Bakers Footwear Group, Inc. said net sales in January were unchanged at $11.9 million compared to the same period last year. Comparable store sales increased 0.8%, compared to an increase of 4.2% for the four-week period ended January 31, 2009…
China Protests EU Tariffs
China filed a complaint against European Union shoe tariffs at the World Trade Organization as Beijing continued its legal assault on what it says is unfair Western protectionism. Europe has grown increasingly concerned about China's balance of trade
TAG Sold to Lansing Sports’ Philip Rosati
Team Athletic Goods (TAG), the buying group, has been sold to Philip Rosati Sr. of Lansing Sports Shop in Lansing, IL. Rosati, whose family has run the team dealer and retail store in since 1954, will become TAG's CEO…
Peter Millar Names Martin as President of Golf Division
Peter Millar hired Todd Martin as president of the company's golf division. Martin joined the company on Jan. 4, and reports to CEO Scott Mahoney…
Sport Chalet Narrows Q3 Loss on 8.9% Sales Decline
Sport Chalet, Inc. reported sales for the third quarter decreased 8.9% to $95.3 million for the third quarter of fiscal 2010 from $104.6 million for the third quarter of fiscal 2009…
Sport Supply Q2 Sales Increase 4.4%
Sport Supply Group reported that sales increased 4.4% for its second fiscal quarter ended December 31, 2009 to $55.5 million from $53.1 million in the same year-ago period. Margins also increased 90 basis points to a 36.1% level, up from 35.2% a year ago.
Costco Names President
Costco Wholesale Corp. named Craig Jelinek president and chief operating officer, effectively immediately. Jelinek, who will join the board, was previously executive vice president in charge of merchandising, a position he held since 2004…
