SEC Settles DKS Insider Trading Case
The U.S. Securities and Exchange Commission settled an insider trading case against four individuals, including the former vice president of real estate at Dick's Sporting Goods Inc., related to the DKS acquisition of Galyan's Trading Company in
WSA Show Can’t Live Up to Lowered Expectations
The WSA Show has rapidly devolved into a regional show once again – but the company that owns the show still has the floor space for a much bigger event. The empty aisles at the Sands Expo and Mandalay Bay had many wondering why show management had not c
The Finish Line Tests New Urban Concept…
The Finish Line Inc. plans to test a new concept called Decibel that eventually could replace its Man Alive chain, according to the Indianapolis Business Journal. The retailer is re-branding four Man Alive stores for an April launch and is remerchandising
EORA Show Store Count Up as Companies Save Money
Many of the southeastern retailers who skipped OR Winter Market headed to Greenville, SC for the EORA/SWRA trade show this week. While most of these regional shows lack the big party atmosphere present in Salt Lake City, many vendors reported that more bu
Karhu Sports and Karhu Holding Reach Settlement
Karhu Holding BV and Karhu Sports Oy have today announced that they have reached an amicable settlement of their dispute involving the ownership and control of the Karhu trademarks…
Twins ’47/Banner ’47 Strengthens Sales Force
Twins '47 headwear and Banner '47 apparel, formerly Twins Enterprise, Inc., have added two key sales representatives to oversee key territories. The new reps will cover Illinois, Indiana, Michigan, Ohio and Wisconsin…
Sport Supply Group Q2 Net Sales Slip 1.7%
Sport Supply Group, Inc. said net sales for earnings per share for its fiscal second quarter ending Dec. 31, 2008 were 4 cents per fully diluted share. Net sales for the quarter declined 1.7%. Commenting on the quarter and year-to-date Results, Adam Blume
Dick’s Sporting Goods Comp Decline Worsens; Will Take Impairment Charge
Dick's Sporting Goods, Inc. expects to record a pre-tax non-cash impairment charge based upon unaudited, preliminary year-end estimates in the range of approximately $165 million to $180 million that will decrease net income by $144 million to $153 m
LaCrosse FW Q4 Net Halved on Higher Expenses
LaCrosse Footwear, Inc. reported consolidated net sales of $35.1 million for the 2008 fourth quarter, up 8% from $32.7 million in the fourth quarter of 2007. For the full year 2008, consolidated net sales were $128.0 million, up 8% from $118.2 million in
Retail Container Traffic to Fall 11.8% in First Half of 2009
After ending 2008 down 7.9%, cargo volume at the nation’s major retail container ports is expected to drop at an even faster pace during the first half of 2009 as the economic recession continues, according to the monthly Port Tracker report released toda
TJX Co.’s Reports 4% Decline in January Comps
The TJX Companies, Inc. saw a 6% decline in net sales for fiscal January to $1.0 billion, down from the $1.1 billion achieved last year. For the 52 weeks ended January 31, 2009, sales reached $18.7 billion, up 2% from the $18.4 billion achieved during the
Costco Comps Slip 2% in January
Costco Wholesale Corporation reported net sales of $5.10 billion for the month of January, down 0.2% from $5.11 billion for the same period last year. Comparable store sales for the month declined 2.0% after an increase of 7.0% last year. For the first tw
Hartmarx Files for Chapter 11
Hartmarx Corp., which makes the Jack Nicklaus, Bobby Jones and Lyle & Scott golf apparel collections, filed for Chapter 11 protection in an Illinois federal bankruptcy court, citing a “substantial decline” in sales to consumers and retailers as well as li
Brunswick Sees Fitness Go Negative on Tough Q4
Brunswick Corporation’s total sales for its fourth quarter ended Dec. 31, 2008 were $837.7 million, a 41.7% drop from last year's sales of $1.44 billion. The company said this drop was primarily the result of marine sales that had dropped 49.7% as we
Kmart Introducing Athletic Line
Kmart is introducing an exclusive athletic footwear and apparel collection called Protege and created by NBA star Al Harrington. The launch of Protege is part of Kmart's footwear re-launch which will feature new and exclusive brands both in stores n
