The Forzani Group Ltd. announced that the Toronto Stock Exchange has accepted its application to renew its Bid program to purchase, from April 14, 2009 to April 13, 2010, certain of its outstanding Class “A” shares. The share repurchases will not exceed 2
Tag: People
Macy’s Reports March Comps Slump 9%
Macy’s, Inc. reported total sales of $1.93 billion for the five weeks ended April 4, 2009, a decrease of 9.8% compared with total sales of $2.14 billion in the five weeks ended April 5, 2008…
Wal-Mart Reports Comps Slightly Up for March
Wal-Mart Stores reported that March same-store sales rose 1.4% excluding fuel. The retailer said net sales for the five weeks ended April 3 fell 1.9% to $36.2 billion…
Saks March Comps Plummet 24%
Retailer Saks Incorporated reported that owned sales totaled $209.4 million for the five weeks ended April 4, 2009 compared to $276.2 million for the five weeks ended April 5, 2008, a 24.2% decrease. Comparable store sales decreased 23.6% for the month…
Ortovox USA Names Dale Bard New COO
Ortovox USA has appointed Dale Bard as Chief Operating Officer. Bard, a legend among American rock climbers and alpinists, brings a wealth of experience ideally suited to this newly created position—experience gained both in the outdoor corporate arena as
Rock/Creek’s Chattanooga Location LEED Certified
Rock/Creek's Two North Shore shopping center has officially been approved to be Chattanooga's first LEED Certified retail development, officials said…
Yue Yuen Sees Flattening Footwear Manufacturing Business in the New Year
Yue Yuen Industrial (Holdings) Limited sees continued consolidation in the supply chain for the footwear manufacturing business as a positive matter that helped the company, which manufactures footwear for most of the top brands in the sporting goods mark
Cannondale Shifts Manufacturing to Taiwan
Dorel’s newly-named Cycling Sports Group (formerly the Cannondale Sports Group) plans to consolidate all North American product development, marketing and business management functions for the four cycling brands Cannondale, Schwinn, GT and Mongoose in Be
L.L. Bean Furloughing 150 Call Center Workers
L.L. Bean is temporarily laying off 150 of its 200 employees working at its call center in Bangor, Maine, beginning in May. L.L. Bean told Banger Daily News that this is typically a slow time of year, but it is even slower due to the struggling economy..
Report: Nike to Close Regional HQ in Hong Kong
Nike Inc plans to close its Asia- Pacific headquarters in Hong Kong amid the global economic crisis, Sing Tao Daily reported. Nike may decide to keep positions managing its factories while the other 200 to 300 staff may be affected by the closure, the Chi
Schuylkill Valley Sports Resigns Spokesperson
Schuylkill Valley Sports, based in Boyertown, PA, said former Philadelphia Eagles’ safety Brian Dawkins will remain its official spokesperson. Dawkins now plays for the Denver Broncos…
REI Selects Board Members
REI said cooperative members voted to return incumbents Ivar Chhina, Joanne Harrell and Chuck Katz to three-year terms on its board. Board election results were released after its annual membership meeting held Monday, March 30 at the Seattle flagship sto
Greensource Wins Sustainability Award
Greensource, the Seattle-based apparel manufacturer, was named a “Sustainability All-Star” March 24, 2009, by Apparel magazine a leading publication for global apparel executives. Company President David Basson accepted the award at Apparel’s Tech Confere
Boulder Outdoor Specialty Group Adds to Sales Team
The Boulder Outdoor Specialty Group (BOSG), a collection of six cornerstone outdoor industry brands, has added Jim Farrow to its team of dedicated territory sales managers…
Sears Holdings Names SVP/President, Fitness and SG
Sears Holdings Corporation has named Hugo Malan as SVP and president, Fitness and Sporting Goods. Malan most recently served as Managing Director, Barclays Capital…
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