SGB Update Footwear
Golfsmith Secures $90M Loan; Opening 14 Stores
Golfsmith completed an amendment and extension of its revolving credit facility with GE Antares Capital…
Cornell May Cut Nike License Over Honduran Issues
Without “significant progress” in resolving an ongoing labor dispute in Honduras, Cornell University said it will end its licensing agreement with Nike by the close of the year…
Patagonia Takes Direct Action in Gulf Clean Up
Patagonia will send ten employees weekly to affected costal regions in the Gulf to work with long-term Patagonia grantee, the Louisiana Bucket Brigade, in oil-spill relief efforts. All employee wages and expenses will be paid in full during volunteer time
Stage Stores June Comps Dip 1.3%
Stage Stores, Inc. reported that its total sales for the five week June period ended July 3, 2010 increased 1.3% to $129 million from $128 million in the prior year five week period ended July 4, 2009. Comparable store sales decreased 1.2%…
Stein Mart’s Weak Comps Can’t Compensate for Fewer Stores
Stein Mart, Inc. reported sales for the five weeks ended July 3 declined 1.5% despite a 0.6% increase in comp store sales during the June reporting period. The discount department store said its year-to-date sales are now off 5.0% on a 3.1% comps decline.
NRF Releases Blueprint for Retailers to Leverage Mobile Technology
Nearly three-quarters of retailers are exploring mobile strategies, according to a recent Shop.org survey. However, 62% have either not yet begun or are only in the early stages of planning their mobile strategy. This alarming gap shows that many retaile
Macy’s, Inc. Same-Store Sales up 6.5% in June
Macy's, Inc. reported total sales of $2.23 billion for the five weeks ended July 3, 2010, an increase of 9.0% compared with total sales of $2.044 billion in the five weeks ended July 4, 2009. On a same-store basis, Macy's, Inc. sales were up 6.5
BJ’s Wholesale Jumps 7.9% in June Comps
BJ's Wholesale Club, Inc. (NYSE: BJ) today reported that sales for June 2010 increased by 7.9% to $1.08 billion, from $1.00 billion in June 2009…
Dillard’s Comp and Total Sales Up 2% in June
Dillard’s, Inc.'s merchandise sales increased 2% to $506.4 million for the five weeks ended July 3, 2010, compared to $497.2 million reached during the five weeks ended July 4, 2009. Comp stores sales also rose 2% during the five-week period…
Saks Comp Store Sales Rise 2.5% in June
For the month of June, retailer Saks Incorporated said that owned sales totaled $237.9 million for the five weeks ended July 3, 2010 compared to $230.2 million for the five weeks ended July 4, 2010, a 3.4% increase…
The San Diego Custom Bicycle Show Rebrands
The San Diego Custom Bicycle Show has rebranded as the International Bicycle Framebuilder Exposition…
Star Trac Acquired by Michael Bruno
Michael Bruno, a fitness industry veteran, reached an agreement to purchase controlling interest in the parent company of Star Trac, the cardiovascular and strength equipment fitness company. Financial terms of the acquisition have not been disclosed…
Altus Donates to Louisiana Clean-Up Effort
Altus Brands, LLC, the Northern Michigan-based manufacturer of Bughats, is extending a helping hand to the Louisiana coastline oil spill clean-up, by donating 1,000 of its hats to volunteers helping in the “Save Our Gulf” effort…
Outdoor Research Sponsors Connecting the Gems
Outdoor Research announced its support of Connecting the Gems, a two-person expedition to understand wildlife connectivity and the relationships between people and nature…
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…
