SGB Update

NRF: Import Cargo Remains Down, But Uptick Seen for Holidays

Import cargo volume at the nation’s major retail container ports will remain below last year’s levels for the remainder of the summer before seeing year-over-year gains again this fall as retailers begin to stock up for the holiday season, acc

Maier Sports GmbH Acquired by Investment Firm

Germany-based company Maier Sports GmbH & Co. KG and its brands Maier Sports and Gonso have been acquired by Findos Investors, which plans to expand both brands, according to media reports…

Easton-Bell’s Q2 Sales Up 4.5 Percent on Team Sports Strength

Easton-Bell Sports, Inc. had net sales of $211.9 million for the second quarter of fiscal 2011, an increase of 4.5 percent compared to the second quarter of fiscal 2010. Action Sports net sales fell 2.3 percent on a constant currency basis due to lower tr

Kohl’s Reports Q2 Profit, Sales Up

Kohl’s Corporation reported second quarter diluted earnings per share increased 30 percent to $1.09. Net income for the quarter was $303 million, compared with $260 million ($0.84 per diluted share) a year ago. Net sales were $4.2 billion, an increa

Outdoor Retailer Summer Market Sets Multiple Records

Approximately 25,000 retailers, exhibitors and media closed out a record-breaking Outdoor Retailer Summer Market August 4-7 in Salt Lake City, Utah. Just two years after the Great Recession and amidst growing economic anxiety, the show set records for net

Canadian Tire Reports Retail Sales Up 5.1 Percent in Q2

Canadian Tire Corporation, Limited reported consolidated retail sales increased 5.1 percent and consolidated revenues increased 4.1 percent for the seconde quarter ended July 2, 2011, compared to Q2 2010. The retailer, which is expected to complete its ac

Advocacy Advance Grants $100,000 for Bike Projects

In line with a goal to double federal funding for biking and walking, Advocacy Advance is awarding $100,000 in direct grants to four bicyling advocacy organizations. Recipients will use the grants to tap into federal funding streams and build their politi

New Balance Opens First North American Experience Store

New Balance on Thursday opened its first North American Experience Store in New York City's Flatiron District. The store, located at the corner of Fifth Avenue and 20th Street, features a Mondo running track and a unique Demonstration Area where New

U.K. July Retail Sales Growth Weakens

The British Retail Consortium reported that U.K. retail comp store sales increased 0.6 percent in July on top of a 0.5 percent in July 2010. Total sales were up 2.5 percent on top of a 2.6 percent increase in July 2010. The BRC warned that much of July&#