Atomic USA Names Nordic Reps for New England
Atomic USA hired Bob Collins and Drew Gelinas as Nordic sales representatives for northern New England…
Saks Same-store Sales Grew 6.1 Percent in August
Saks Incorporated announced that owned sales totaled $168.0 million for the four weeks ended Aug. 27, compared to $159.3 million a year ago, a 5.5 percent increase. Comparable store sales increased 6.1 percent for the month…
Protect Our Winters Expands Board of Directors
Protect Our Winters (POW) has added four new members to its board of directors. POW is a non-profit that was founded in 2007 by pro snowboarder Jeremy Jones, focused on uniting and mobilizing the winter sports community against climate change…
Finish Line Acquires The Running Company
The Finish Line, Inc. announced that it has invested $8.5 million to acquire the assets of and assume certain liabilities of The Running Company, an 18-store chain of specialty running shops across several states with consolidated annual sales of approxim
Macy’s Same-Store Sales Up 5.0 Percent in August
Macy's, Inc. reported total sales of $1.716 billion for the four weeks ended Aug. 27, 2011, an increase of 4.9 percent compared with total sales of $1.64 billion in the four weeks ended Aug. 28, 2010. On a same-store basis, Macy's, Inc. sales we
Derby Cycle Deems Accell Group’s Share Purchase Hostile
The management board of Derby Cycle AG said it views the Accell Group's Aug. 31 announcement that it has accumulated 22 percent of Derby Cycle's stock as a signal that the Dutch company has mounted a hostile bid to takeover of the newly public
Former Swatch USA President to Oversee Glamm Industries
Total Licensing, Inc. and Glamm Industries, LLC announced that Glamm has appointed Walter Sims, former president of Swatch USA, as interim executive vice president of operations. TLI, a wholly owned subsidiary of Total Apparel Group, Inc., recently partn
Costco’s CEO to Retire
Costco Wholesale announced that CEO Jim Sinegal will step down at the beginning of 2012. Sinegal said he will leave the company on Jan. 1, 2012, the same day he turns 76. Sinegal will be succeeded by Craid Jelinek, who currently serves as Costco's pr
J.C. Penney’s Comps Dip 1.9 Percent
J. C. Penney Company, Inc. reported that its comparable store sales for the four-week period ended Aug. 27, 2011, decreased 1.9 percent compared to a 2.3 percent increase in the same period last year. As expected, the Back-to-School selling season started
Stage Stores’ Comps Dip in August
Stage Stores, Inc. reported sales for the four week August period ended Aug. 27 of $113 million compared to $114 million for the prior year four week period ended August 28, 2010. Comparable store sales for August decreased 1.7 percent…
TJX’s August Comps Inch Up 1 Percent
The TJX Companies, Inc. reported sales for the four-week period ended Aug. 27 were $1.72 billion, up 4 percent over the $1.65 billion achieved during the four-week period ended August 28, 2010…
National Public Lands Day Coming Sept. 24
Eight federal agencies, nonprofits and state, regional and local governments will participate Sept. 24 in National Public Lands, the nation’s largest, single-day volunteer event for public lands. In exchange for maintaining trails, removing invasive
Ross Stores Reports August Comps Rise 4 Percent%
Ross Stores, Inc. reported that sales increased 8 percent to $659 million for the four weeks ended Aug. 27, 2011, up from $608 million in sales for the four weeks ended Aug. 28, 2010. Comparable store sales for the month grew 4 percent on top of a 5 perce
The Buckle Reports 8.3 Percent August Comps Growth
The Buckle, Inc.'s comparable store net sales for the four-week period ended Aug. 27, 2011 increased 8.3 percent from comparable store net sales for the four-week period ended Aug. 28, 2010. Net sales for the four-week period increased 11.9 percent t
Treasury Delivers Capital to 50 More Community Banks
The U.S. Department of the Treasury announced that an additional 50 community banks across the country received a total of $767 million as part of the next wave of funding provided through the Small Business Lending Fund (SBLF). The SBLF encourages commun
