Wolverine to Acquire Cushe Footwear Brand

Wolverine World Wide, Inc. announced the acquisition of the Cushe (pronounced “cushy”) footwear brand, a move the company says will drive new global opportunities and leverage the strength of Wolverine's proven business model and operating infrastruc

December Comp Sales Flat for Ross Stores

Ross Stores, Inc. saw sales of $802 million for the five weeks ended Jan. 3, 2009, a 6% increase over the $755 million in sales for the five weeks ended Jan. 5, 2008. Same store sales for the five weeks ended Jan. 3, 2009 were flat on top of a 3% increase

TJX Sees Flat December Comps, Updates Q4 Outlook

The TJX Companies, Inc. saw sales for the five-week period ended Jan. 3, 2009, of $2.37 billion, a 3% decrease from the $2.43 billion achieved during the five-week period ended Jan. 5, 2008. Consolidated comparable store sales for the five-week period end

Reports: Layoffs at Reef

Reef has laid off as many as 42 employees from its Carlsbad, CA, headquarters, according to several published reports…

BowTech’s CEO Stepping Down

BowTech, the world's largest bow manufacturer, announces that John Strasheim is stepping down as President and CEO, effective Jan. 15, 2009. Mr. Strasheim, also a board member for the Savage Sports Corp., is pursuing other business interests…

OBIT: Former Founder of NWTF Dies

Tom Rodgers, founder of the National Wild Turkey Federation (NWTF), passed away Dec. 25 at the Edgefield County Hospital after a long battle with cancer. Rodgers, 64, was survived by his mother, his son Mark and two sisters…

Johnson Outdoors Amends Debt Agreement

Johnson Outdoors Inc. completed an amendment to its existing debt agreements. Among other items, the amendment provides for greater flexibility with respect to financial metric covenants through the end of the company's 2009 fiscal year…

Holiday Was Just as Tough as Everyone Expected

Holiday 2008 proved to be just as disappointing for many in the retail sphere as everyone worried beforehand. Though anecdotal evidence from much of specialty retail held slightly better results than the general market…

ESPN/Quiksilver Settle Trademark Infringement Lawsuit

ESPN, which is part of Walt Disney, settled a trademark infringement lawsuit by Quiksilver Inc. over the cable channel's logo for the international X Games competition. The companies didn't disclose the details of the settlement in papers filed