Container Imports to Grow 17% in First Half
Container imports are expected to grow 17% in the first half of this year as retailers restock depleted inventories at a rapid pace, according to the latest estimates released by the National Retail Federation. The numbers indicate a true and sustained re
Rosenlieb Joins Ellett Brothers
Ellett Brothers announces Dick Rosenlieb as Director of Merchandising for the Shooting Division. Rosenlieb joins the Ellett Brothers Family after 20 years of service with the National Wild Turkey Federation as Senior Vice President of Sales and Marketing.
Online Sales to Grow at 10% Compounded Rate through 2015
The bulk of the retail sector's growth in the United States and the European Union over the next five years will come from the Internet, according to Forrester Research. US online retail will grow at a 10% compound annual growth rate (CAGR)and 11% in
NSSF: 16 Months and Counting as Demand for Firearms Continues
Data released by the FBI’s National Instant Criminal Background Check System (NICS) reported 1,243,211 checks in February 2010, ranking the month the second highest February (eighth highest month overall) for most NICS checks, according to a release
Dick’s Posts Modest Q4 Earnings Rise on 2.5% Comp Gain
Dick's Sporting Goods, Inc. reported an 8.3% gain in fourth-quarter earnings. Sales increased by 10.7% to $1.3 billion due primarily to a 2.5% increase in comparable store sales, the opening of new stores and the addition of e-commerce sales. The 2.5
Foot Locker Launches 5-Year Growth Plan, Looks to Increase Focus on Run and Apparel
Foot Locker Inc. announced a series to strategies to reach a goal of annual sales of $6 billion and net income margin of 5% over the next five years. At an analyst meeting, Ken C. Hicks, its new chairman and CEO, said the new strategy includes a increased
Dick’s SG Posts Modest Q4 Earnings Rise on 2.5% Comp Gain
Dick's Sporting Goods, Inc. reported an 8.3% gain in fourth-quarter earnings. Sales increased by 10.7% to $1.3 billion due primarily to a 2.5% increase in comparable store sales, the opening of new stores and the addition of e-commerce sales. The 2.5
Collective Brands Narrows Q4 Loss
Collective Brands, Inc. reported a fourth quarter net loss of $10.9 million, or 17 cents per diluted share, compared to a net loss of $144.0 million, or $2.28 per share, in the fourth quarter of 2008. Excluding special items, the loss was cut to $11.6 mil
Filson Opens First Store in Japan
Filson announced the opening of its first international store in Osaka, Japan in partnership with its distributor of 28 years, Goldwin, Inc. Located in the Osaka, Horie area, an established fashion district, the store officially opened this past Saturday
Stage Stores Q4 Profit Gains 10%
Stage Stores Inc. reported its fiscal fourth-quarter profit rose 10% to $27.9 million, or 72 cents, for the period ended Jan. 30, up from $25.3 million, or 67 cents per share, a year ago. Sales fell 5% to $431.7 million from $455.8 million…
Genesco Fourth Quarter Gains Driven by Hat World
Genesco Inc.’s fourth quarter earnings rose 12% and exceeded expectations, driven by strong sales at Hat World and its direct-to-consumer catalog and e-commerce businesses combined with higher gross margins and lower expenses. Sales increased 6% to
Neiman Marcus Rebounds, Posts Profit
Neiman Marcus Group Inc. swung to a fiscal second-quarter profit after steep write-downs weighed on year-ago results. For the quarter ended Jan. 30, Neiman Marcus posted a profit of $4 million, compared with a year-earlier loss of $509.3 million. The year
Geocaching.com Publishes One Millionth Listing
Seattle-based Geocaching.com said it published its one-millionth active geocache listing over the weekend. It has taken just over two years to double the number of active geocaches in the world to reach the one millionth geocache, the company said.
Fox Factory Sales Slip 7.7% in 2009, But Orders Soar
Sales at action sports components maker Fox Factory Holding Corp. reached $121.5 million in the year ended Dec. 31, 2009, down 7.7% from 2008, the company’s parent company reported. However, Fox ended the year with a 62% increase in firm back orders
Adidas Group Sees Return to Growth in 2010; Owned-Retail the Lone Bright Spot in 2009
The adidas Group reported its fourth-quarter earnings fell sharply amid continued sales declines but said it expects growth to resume this year on the strength of its marketing around the FIFA World Cup, momentum seen in its adidas Originals lifestyle col
