Federated Department Stores, Inc. reported total sales of $5.708 billion for December, an increase of 99.9% compared to total sales of $2.856 billion in the same period last year when including the acquired May Company stores. On a same-store basis, Feder
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The Changing Retail Landscape…
The year saw the landscape of sporting goods retail shift dramatically as the industry gained its second legitimate national sporting goods retailer after Dick’s acquired Galyan’s. As they go head-to-head with The Sports Authority in more regions of the
Holiday Sales Realities Should Force a New Look at Historical Retail Metrics…
At first glance, it appears that consumers pulled back this holiday shopping season as most retailers outside of the luxury category hinted at less than robust sales results for the period through Christmas Eve. The problem with assessing results versus
Bell Sports Acquires Sports Instruments
Bell Sports has purchased Sports Instruments, a pioneer in electronic performance enhancing technology and devices for athletes. Sports Instruments products include heart rate monitors, cycle computers and sports watches. Bell will market and sell the Sp
Fox River Inks Deal with WEDALI
Fox River has inked a sponsorship deal with the WEDALI (We Eat Dust…And Like It) Adventure Racing Team. Justin Bakken, Scott Lund, Paul Bronkhorst, Ellen Farseth and Scott Erlandson (all with ties to the Midwest) make up the team and recently placed 6th i
adidas Sees 2004 as Most Successful Football Year
adidas expects to “once again achieve new record sales in football” in 2004, accoriding to comments made by Herbert Hainer, CEO of adidas-Salomon AG. More than 1.3 million replica jerseys, over 1.6 million UEFA EURO 2004™ licensed products and more than
TSI Files Chapter 11; Perry Ellis Will Acquire Company
Tropical Sportswear Int'l Corporation has filed for voluntary Chapter 11 bankruptcy protection and entered into an asset purchase agreement with Perry Ellis International, Inc., to be acquired pursuant to section 363 of the U.S. Bankruptcy Code. Und
Quiksilver Sales Surpass Billion Dollar Mark in Fiscal Year
Quiksilver, Inc.reported that consolidated revenues for the fourth quarter of fiscal 2004 ended October 31, 2004 increased 30% to $350.3 million as compared to fiscal 2003 fourth quarter consolidated revenues of $269.2 million. Consolidated net income inc
WSA Appoints Director for Retail Relations
The World Shoe Association, producers of the largest footwear trade shows in The Americas, announced the appointment of Leslie Gallin as director of Retail Relations and The Collections at WSA, an upscale exhibition highlighting luxury and designer brands
Cabela’s Wins Fort Worth TIF Suit…
Judge Donald J. Cosby of the 67th Judicial District has entered a Judgment validating the creation of a tax increment financing zone by the Fort Worth City Council and authorized the issuance of up to $32 million in bonds to help pay for the development o
Wenonah Completes Current Designs Kayak Move…
Wenonah Canoe opened the doors to its new Current Designs Kayak production facility during the first week of December. Kayak production has been completely removed from the former Bundy Boulevard location and transferred to the new 45,000 square foot plan
Perkins Promoted to President at Johnson Outdoors
Johnson Outdoors has appointed Jervis B. Perkins as the Company's President and Chief Operating Officer. Perkins, 49, joined the Company as Chief Operating Officer in January 2003…
The Athlete’s Foot Files Chap. 11; Will Liquidate Corporate Stores
As Sports Executive Weekly speculated earlier this week, The Athlete's Foot on Thursday filed for Chapter 11 bankruptcy protection, listing assets of $33.6 million and liabilities of $39.4 million. The company will liquidate its 124 corporate
Judge Rules in Favor of Cabela’s in Ft. Worth Lawsuit
Judge Donald J. Cosby of the 67th Judicial District has entered a Judgment validating the creation of a tax increment financing zone by the Fort Worth City Council and authorized the issuance of up to $32 million in bonds to help pay for the development o
Sport Supply Group Expands Team Dealer Network
Sport Supply Group announced that approximately 50 of the largest independent team sporting goods dealers in the United States have joined the Company's Platinum Team Dealer Program. SSG believes the Team Dealers participating in the program have a c