TJX Misses On Earnings, Beats On Revenue In Q1
Apparel and home fashions retailer The TJX Cos. Inc. reported net income for the first quarter ended May 5 of $716 million, or $1.13 per share. Adjusted earnings per share were 96 cents, a 17 percent increase over the prior year’s 82 cents per share, but missed analysts’ expectations by 6 cents per share.
Yakima Launches First Ambassador Program
Yakima is launching the company’s first ambassador program, the Yakima RackPack, a select group of athletes and everyday adventurers.
Idaho’s Turner’s Sportsfair Closes
Turner’s Sportsfair, a bar and tackle shop on State Street in Boise, ID, has closed.
Alpargatas’ Q1 Sales Advance 12 Percent
Alpargatas, the parent of Havaianas, reported net revenue in the first quarter rose 11.7 percent. Net income was down 37.2 percent.
Moncler’s Sales Climb Double-Digits In Q1
Moncler reported sales rose 28 percent at constant-exchange in the first quarter ended March 31.
Kohl’s Names Doug Howe Chief Merchandising Officer
Kohl’s announced 30-year retail veteran Doug Howe has been named the company’s chief merchandising officer.
Kohl’s Q1 Earnings Climb 14 Percent
Kohl’s Corp. raised the company’s guidance for the year after reporting first-quarter earnings rose 14 percent on a 3.6 percent same-store gain.
Fanatics Partners With Philadelphia Union
Philadelphia Union, the Major League Soccer club, announced the official signing of a new, long-term partnership with Fanatics.
Superfeet Opens Mass Customization Footwear Facility
Superfeet Worldwide Inc. has launched the insole maker’s first mass customization footwear facility, Flowbuilt. Superfeet said Flowbuilt is the only USA based full-service footwear manufacturing facility to offer mass-customization through proprietary multi-section injection technology.
Rutgers Athletics Signs Dyehard Fan Supply To New Multi-Year Agreement
Rutgers Athletics has selected Dyehard Fan Supply, an event and retail merchandise marketing and e-commerce company, as the official merchandising partner for the Scarlet Knights in a new multi-year agreement.
ClassPass Announces Corporate Membership Program
ClassPass, the fitness membership service, announced the launch of a corporate membership program.
Fireman Capital Acquires Largest Anytime Fitness Franchisee
Fireman Capital Partners (FCP), a consumer-focused private equity firm, announced that the firm has acquired a majority interest in Bandon Holdings, the largest Anytime Fitness franchisee.
Former Academy Sports CEO To Head PetSmart
PetSmart Inc. announced the appointment of J.K. Symancyk, the former CEO of Academy Sports + Outdoors, as chief executive officer.
Western Mountain Resorts Sets Winter Revenue Record
The roller coaster winter season at western mountain resorts managed to wrap up with a revenue increase of 1.8 percent over last year as of April 30, according to a season-end summary reported by Inntopia.
The Running Event Sold To Diversified Communications
Diversified Communications, a leading exhibition and conferences company with media roots, announced that the company has purchased The Running Event and complementary digital magazine, Running Insight, from Formula 4 Media LLC.
