DSW announced the opening of three stores in Atlanta, GA; Dulles, VA; and Noblesville, IN. In 2008, DSW plans to open at least 30 new stores…
Tag: People
Golf Warehouse Teams with Golf Channel for Amateur Tour
Online retailer The Golf Warehouse (TGW) has been selected as “Official Retailer” of the 2008 GOLF CHANNEL Amateur Tour with tournaments in 70 cities contested between more than 7,000 golfers…
Hibbett Names VP of Merchandising Planning
Hibbett Sports, Inc. promoted three managers to VP positions in the areas of merchandising, legal and real estate. Jeff Gray, a 17-year veteran of Hibbett Sports, was promoted to VP of Real Estate and Michael McAbee to VP of Merchandise Planning…
Industry Q4 Retail Hurt by Lack of ‘Must Haves’…
Retailers tracked by Sports Executive Weekly saw a reversal of fortunes in the fiscal 2007 fourth quarter as the ‘must haves’ that drove gains in the prior year period failed to materialize this past Holiday season. While vendors were still capitalizing
Crocs Shares Plummet on Lowered Guidance…
Crocs had a tough week as it fired a warning shot to Wall Street that it would fail to meet its earlier guidance for both the first quarter and the fiscal year. The Street shot back with the company’s stock closing down 43.1% for the week, closing at $10
Gander Looks to Direct Sales, Footwear for 2008…
Gander Mountain is shifting its investment from brick and mortar expansion and advertising to direct sales, shrinking its recently launched power sports business and dedicating more space to branded outdoor footwear in the wake of plummeting fourth-quarte
Icebreaker Names Hopcus as President for U.S. Operations…
Russ Hopcus is leaving his post as SVP of sales for adidas USA to become president of Icebreaker's fast-growing U.S. operation starting May 15, 2008. Hopcus takes the helm as the rapidly company builds its U.S. staff at a new headquarters in Portlan
Pedro’s Sold in Management Led Buyout
Sports adVentures International S.A. (SaVI) of Lausanne has financed a management buyout of the Pedro’s brand of cycling accessories in a deal that will be consummated May 1st. SaVI is developing a portfolio of small-cap companies with products and servic
Bass Pro to Open in Augusta
Bass Pro Shops plans to open a 100,000-square-foot store in Augusta, GA. Projected to be built by fall 2009, the store will serve as a primary anchor to Village at Riverwatch, an 860,000-square-foot development on River Watch Parkway near Interstate 20. T
Fear of Inflation Could Help OIA’s Trade Agenda
Rising concern about inflation could help Outdoor Industry Association’s trade agenda this year as Congress considers lowering tariffs in a bid to counter the rising price of Chinese and other imports on U.S. consumers. The OIA’s trade agenda revolves aro
Timberland Shuts Down Mion and GoLite Footwear Operations
The B.O.S.S. Report, the weekly newsletter produced by The SportsOneSource Group that covers the Bike, Outdoor and Snow Sports market, is reporting this morning that The Timberland Company is in the process of closing down its nascent Miōn and
Late Snow Prompts Chain Stores to Discount Deeply in March
Despite the deepest snow pack in years, chain stores had to aggressively mark down product in March to clear out their inventories, according to retail point-of-sale data compiled by SportsScanINFO. The data shows year-over-year percentage growth in chain
Nordstrom’s March Comps Tumble 9.1%
Nordstrom, Inc. reported March sales declined 6.7% to $750 million for $803 million a year ago. Comps decreased 9.1%…
Neiman-Marcus Recors Slight Rise in March Comps
Neiman Marcus, Inc. reported comparable store sales rose 0.4% to $425 million for fiscal March. Overall net sales increased 1.8% to $430 million for the month from $423 million last year. In the five-week March period, comparable revenues in the Specialty
Ross Comps Decrease 2% for March
Ross Stores, Inc. saw net sales for March increase 6% to $633 million from $599 million last year. Comparable store sales for the month declined 2% on top of a 6% gain in March 2007…
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