SGB Update

Stage Stores Reports Comps Flat for May

Stage Stores, Inc. reported that its total sales for the four week May period ended May 28, 2011 increased 1.1 percent to $117 million from $116 million in the prior year four week period ended May 29, 2010. Comparable store sales for the month were flat.

Ross Reports 4% Comp Growth in May

Ross Stores, Inc. reported that sales increased 8 percent to $661 million for the four weeks ended May 28, 2011, up from $614 million for the four weeks ended May 29, 2010…

West Marine Unveils Plan for Fort Lauderdale Megastore

West Marine plans to open the biggest store in the company's history by year's end in Fort Lauderdale to better serve the boating and “Yachting Capital of the World.” The 50,000-square-foot store will be twice as big as the company's curre

Wild Things Unveils Jordanian Contract and Partnership

Wild Things, LLC, a manufacturer of technical outerwear and tactical gear for both men and women, will design uniforms for the Jordanian Armed Forces (JAF) and enter the footwear business through a licensing agreement with a Jordanian company to serve int

Adidas, Other Sponsors Seek FIFA Reform

FIFA's main sponsors Adidas, Coca-Cola, McDonald's and Emirates have expressed their concern over the ongoing bribery claims at FIFA, the world football's governing body. FIFA's vice-president Jack Warner and the Asian Football Confede

Thule Group Agrees to Acquire Chariot Carriers

The Thule Group has agreed to acquire the assets of Canada's Chariot Carriers Inc. as part of its renewed emphasis on consumer markets. Sellers include founders and brothers Dan and Chris Britton and CEO Pierre Doyon. Chariot's annual sales are

Scott Sports Adds Eastern Tech Rep to Demo Bike Technology

Scott Sports has hired Scott Wilson to fill the newly created eastern region field marketing position for its U.S. bicycle division. The new position will focus on providing more first-hand demos of Scott's new FOIL aero road bike and TwinLoc suspens

Luxury, Online, Travel and Apparel Sales Remained Strong in May

High-end and online retailers continued to set the pace in comp store growth in May, while Apparel stores posted solid gains and housing-related sectors such as Furniture, Electronics and Appliances saw sales decline compared to the same period in 2010, a

Sport Chalet Notches First Profit in 13 Quarters

Sport Chalet reported net income reached $300,000, or 2 cents a share, in its fiscal fourth quarter ended April 3, 2011, against a loss of $300,000, or 2 cents, a year ago. The sporting goods retailer, based in Los Angeles, said it marked the first profit

Genesco to Acquire H.S. Trask

Genesco has reached an agreement to acquire the intellectual property and related assets of H.S. Trask, the brown shoe and boot brand, from Phoenix Footwear…

Rage Outdoors Names Syverson VP of Sales

Rage Outdoors, LLC, the manufacturer and marketer of archery brands including Rage Broadheads and Ghost Quivers, confirmed that Jon Syverson has joined the company as its vice president of sales…