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Second Largest Mall Operator Lands in Bankruptcy Court

General Growth Properties Inc. filed the biggest real estate bankruptcy in U.S. history last week after amassing $27 billion in debt during an acquisition spree that turned it into the second-largest shopping mall owner in the U.S. The company listed $29.

Jarden Corp. Sees Q1 Above Wall Street Forecasts

Jarden Corp., the parent company of Coleman, K2, Marmot, Volkl and other outdoor brands, said it expects revenue for the first quarter of 2009 to be approximately $1.14 billion as compared to $1.22 billion in the prior year period…

Nautilus Goes After Counterfeiters

Nautilus, Inc. has filed suit against importer/distributor, SC Excel Technology, Inc. (dba Duro Fitness) of Montreal, Canada and obtained an Anton Piller order to enter its premises and seize counterfeit goods and relevant records. An Anton Piller order i

Gwen Manto Exits Dick’s SG

Gwen Manto left her role as EVP and chief merchandising officer of Dick's Sporting Goods, Inc., effective April 13. According to a filing with the SEC, DKS does not expect to replace her in this position but will instead realign its merchandising org

New Bill Expected to Tax Online Retail

A bill expected to be introduced in Congress early next week by Sen. Mike Enzi (R-WY) and Rep. Bill Delahunt (D-MA) could eliminate the days of tax-free Internet shopping. The exact language of the bill has not yet been revealed…

Smith and Wesson, USA Shooting Team Up

Smith & Wesson Corp., said the company will team up with USA Shooting to sponsor training clinics for top junior qualifiers as part of the National Junior Olympic Shooting Championships taking place April 15-20, 2009 in Colorado Springs, CO…

BRP Secures Retail Financing

Bombardier Recreational Products (BRP) has secured retail financing options with three financial institutions: U.S. Bank, Sheffield Financial in the United States and TD Canada Trust in Canada…

Bakers Footwear Earnings Plunge in Q4, Comps up 3.6%

Bakers Footwear Group, Inc. reported net income for the quarter plunged to $0.5 million or 7 cents per share from $7.3 million, or $1.03 per share in last year's fourth quarter. Results for the prior year period included a gain of $4.8 million or 67

Callaway Golf Warns on Q1 Results as Sales Fall

Callaway Golf company is indicating that net sales for the first quarter are estimated to be $272 million, a decrease of 26% as compared to net sales of $366 million for the first quarter of 2008. On a currency-neutral basis, estimated net sales decreased

West Marine Sees Double Digit Q1 Revenue Decline

West Marine, Inc. reported that net revenues for the thirteen weeks ended April 4, 2009 decreased 10.9% to $101.0 million from net revenues of $113.3 million in the year-ago period. Comparable store sales for the first quarter decreased 6.8%…

Play it Again Sports Parent Sees Earnings Soar

Winmark Corp., the parent of Play it Again Sports, reported earnings jumped 50.5% in the first quarter ended March 28, to $1.41 million, or 26 cents a share, from $937,300, or 17 cents, a year ago. Revenues rose 4.5% to $9.3 million from $8.9 million a ye