Winmark Closes on $30M Line of Credit

Winmark Corporation closed Tuesday on a $30.0 million line of credit with the PrivateBank and Trust Company. The line of credit will be used for completing the previously announced redemption of Winmark’s Renewable Unsecured Subordinated Notes and f

Randy Ruch Retires from Schuykill Valley Sports

Randy Ruch, founder, CEO and Chairman of the Board of Schuykill Valley Sports, retired July 1, 2010 after thirty-nine years in the sporting goods industry. Ruch opened his first store in Audubon, PA in August 1971. The company now operates eighteen store

Costco Reports U.S. Comps Grew 2% in June

Costco Wholesale Corporation reported comp stores sales for the month of June, the five weeks ended July 4, 2010 rose just 1% in the United States after subtracting gasoline sales, but would have grown by 3 to 4% had Memorial Day fallen in the period…

NSGA’s Thomas B. Doyle To Retire

National Sporting Goods Association Vice President of Information & Research Thomas B. Doyle announced his retirement from NSGA, effective early in the fall of 2010. Doyle is one of NSGA's longest-tenured staff members, having spent 39 years in the s

Sporting Goods Vendors Roar Back to Life in Q1

What a difference a year makes. The first quarter results for sporting goods industry vendors in 2010 reflect a stunning turnaround from last year’s results when the market was dealing with the effects of a stronger U.S. dollar, the impact of the gl

City Sports Unveils New Website

City Sports launched its newly redesigned website at citysports.com. The new site will include comprehensive product pages, enhanced search functionality and increased customer service…

AboutGolf Hires VP Operations

AboutGolf, the maker of indoor golf simulator technology, announced that since the beginning of this year, it has hired a vice president of operations, a research & development tester, two 3D Course Development Artists, an additional customer service repr

New USA Distributor for Steiner Binoculars

Steiner Optik, the binoculars manufacturer based in Bayreuth, Germany, is shifting its headquarters for North America, effective August 1, 2010, to the Burris Company Inc., in Greeley, Colo…