SGB Update Apparel
The Conservation Alliance Sends out Second Round of Checks
The Conservation Alliance sent checks totaling $450,000 to 17 organizations working to protect wild places throughout North America. The donations marked the Alliance’s final funding disbursal for 2008, and bring the year’s total to $900,000. This round b
Unifi Names President of New China Subsidiary
Unifi, Inc. named Ed Wickes as president of its new China-based subsidiary, Unifi Textiles (Suzhou) Co., Ltd. (UTSC), which will focus on the development, sales and service of Unifi’s premium value-added yarns for the Asian market…
Timex to Sponsor NYC Marathon
Timex Group USA, Inc. has signed on as the official timing sponsor of the ING New York City Marathon. The sponsorship will last four years, from 2008 through 2011, as part of the company’s ongoing initiative to increase the awareness of its state-of-the-a
Bush Signs Bill Encouraging Bike Commuting
Employers may begin reimbursing employees tax-free for bike commuting costs starting Jan. 1, 2009 under a bill signed by President Bush Oct. 3. After seven years of legislative proposals, the bicycle commuter tax benefit has finally become law. The benefi
Dick’s SG Settles FTC Charges
Thursday, the Federal Trade Commission announced a consent agreement and order that settled charges that Golf Galaxy, a subsidiary of Dick’s Sporting Good’s Inc., violated federal law by illegally agreeing with a potential competitor, Golf Canada, to allo
Ross Stores Lowers Guidance as Comps Fall
Ross Stores, Inc. saw sales of $561 million for the five weeks ended Oct. 4, 2008, a 5% increase over the $537 million in sales for the five weeks ended Oct. 6, 2007. Same store sales for the five weeks ended Oct. 4, 2008 declined 2% compared to sales dur
Grenade Gloves Hires New Sales Manager
Grenade Gloves hired Marty Carrigan as West regional sales manager. Carrigan comes to the company with an extensive background in equipment, apparel and accessories for the action sports industry, with a heavy emphasis on winter sports. He earned a degree
Small Retailers Raising Prices to Recoup Costs
Seventy percent of small retail businesses have raised prices to offset rising costs, 26% have added or increased shipping/handling costs, 20% have reduced other operating costs and 18% have renegotiated customer pricing agreements, according to a survey
Brunswick Accelerates Job Cuts, Plant Closures
Brunswick Corp. plans to accelerate its previously announced efforts to resize the company and to remove $300 million in fixed costs by the end of 2009. The company is taking the action in light of “extraordinary developments within the global financial m
RECALL: Outdoor Playset Gliders
The CPSC has recalled about 500 outdoor playset gliders made by Backyard Play Systems. Some of the gliders were shipped with assembly instructions that did not inform consumers to tighten all lock nuts during assembly, including those attached by the manu
TJX’s Comps Slide 1%, Lowers Guidance
The TJX Cos., Inc. reported sales rose 3% in the five weeks ended October 4, to $1.78 billion. Comps decreased 1%. The company is lowering its guidance for third quarter earnings per share from continuing operations to the range of 55 cents to 58 cents pr
BJ’s September Comps Climb 10.4%
BJ’s Wholesale Club, Inc. reported comps during September climbed 10.4%. Excluding gasoline sales, merchandise comps were ahead 5.6%. Total sales advanced 11.8% to $892.8 million from $798.9 million…
West Marine Reports 4.7% Drop in Q3 Comps
West Marine, Inc. reported net sales for the third quarter ended Sept. 27, 2008 declined 4.4%, from the same period a year ago. The retailer attributed the decline primarily to a 4.7% decrease in comparable store sales…
Gottschalks September Comps Fall 11.8%
Gottschalks Inc. saw same store sales for the month of September decrease 11.8% from the prior year. Total sales for the five-week period decreased 13.2% to $45.8 million compared to $52.8 million in the same period of fiscal 2007. On a year-to-date basis
The Buckle Posts 19.7% Comps Gain in September
The Buckle Inc. said its same-store net sales for the five-week period ended Oct. 4, 2008, increased 19.7% from comp store net sales for the year earlier period ending Oct. 6, 2007. Net sales for the five-week fiscal month increased 26.2% to $72.8 million
