NRF: Retailers Slow to Adopt Mobile Strategies
Nearly three-quarters of retailers are exploring mobile strategies, but 62% of retailers have either not yet begun or are only in the early stages of planning their mobile strategy, according to a recent Shop.org survey…
Golfsmith Secures $90M Loan; Opening 14 Stores
Golfsmith completed an amendment and extension of its revolving credit facility with GE Antares Capital…
Outdoor Industry Sees Big Gains in First Quarter Sales and Profits
Outdoor and active lifestyle retailers and vendors reported big gains in the first fiscal quarter of 2010, adding to the evidence that the outdoor sector is well on its way to a rebound…
Scheels Hires Social Media Agency
Catchfire Media formally made public today their role as Scheels All Sports Inc.'s social media agency of record…
Performance Bicycle Implements Store Design Overhaul
In an effort to create a more intimate experience for its consumers, Performance Bicycle is set to open two new retail locations and relocate and remodel two other locations in Pennsylvania and California…
BMC Opens New Swiss Factory and New U.S. Distribution…
BMC Trading AG unveiled a highly-automated factory last week near its headquarter in Grenchen, Switzerland that it says revolutionizes the process of weaving carbon fiber bike frames…
Industry Retailers Triple Fiscal Q1 Profits
The retail fiscal first quarter of 2010 saw retailers gain considerable upside in the bottom line as more than a year of belt tightening, expense controls and inventory reductions helped push profits up three-fold versus the year-ago period…
Forest Service Catalogs Benefits from Recreation Use
Agriculture Secretary Tom Vilsack released a report showing the economic importance of America's National Forests and Grasslands to rural communities across the country…
June Retail Results Mixed as Consumer Retrenches
Retailers posted positive results for the fiscal five-week June period ended July 3, but the increase came in shy of higher expectations and failed to reverse the declines of very week prior-year period…
Container Imports Expected to Taper at Summer’s End
Currently, retail sales continue to surge, affording a higher rate of import cargo volume to parallel the demand of the American consumers…
RECALL: Felt Bicycles
Citing faulty steer tubes, Felt Bicycles has issued a voluntary recall on its 2009 model B12, B16, and S32; roughly 2,100 bicycles sold through specialty stores nationwide from October 2008 through May 2010…
Billabong to Acquire RVCA
Billabong International Ltd. reached a conditional agreement to acquire California apparel brand RVCA. Terms of the deal were not disclosed. Billabong expects RVCA to contribute 2% to Billabong group revenues in the 2010/2011 fiscal year and be neutral to
RECALL: Salomon Sole Pads
Due to a faulty sole pad, Salomon has issued a voluntary recall of both the pads and boot configurations containing those pads; sold through Salomon USA ski boot dealers in Colorado, Utah, Vermont and Washington from February 2010 through April 2010…
Asics to Buy Haglöfs For $133M
Asics Corporation has agreed to purchase 100% of Swedish outdoors products company Haglöfs for 1 billion Swedish Krona, or $133.42 million at current exchange. Its product range includes apparel, backpacks, footwear and accessories…
Yakima Names Canadian Distributors
Yakima named Norco, Canada's leading bicyle parts and accessories distributor, to represent its line in Canada's outdoor specialty channel. Norco, which makes its own line of bikes, will handle the IBD channel, paddle sports and general outdoor
