SGB Update

Sears Holdings Doubles Fourth Quarter Profits

Sears Holdings Corp. reported a surge in fourth-quarter profit, reflecting improved gross margins and the absence of last year's costs related to store closings and severance. Revenues declined year-on-year, but exceeded analysts' expectations,

Sears Holdings Doubles Fourth Quarter Profits

Sears Holdings Corp. reported a surge in fourth-quarter profit, reflecting improved gross margins and the absence of last year's costs related to store closings and severance. Revenues declined year-on-year, but exceeded analysts' expectations,

Macy’s Returns to Profitability; Outlook Remains Cautious

Macy's Inc posted better-than-expected profit for the fourth quarter and forecast an improvement in same-store sales this year. Sales fell 1.1% to $7.85 billion. Comp stores slid 0.8%, but that was better than the Cincinnati-based company's fore

JetBoil Names Midwest Rep

Jetboil has added Adventure Sport Marketing to manage its Midwest territory. The agency brings more than 20 years of experience and passion for the outdoors to the Jetboil brand…

GTX Corp Awarded Patents for GPS Shoe Technology

GTX Corp, the maker of 2-way GPS Personal Location Services (PLS) solutions, was recently awarded three new U.S. Patents that it said broadly covers fundamental aspects of providing a GPS location device in footwear…

361 Degrees Credits Chinese Stimulus Spending for Robust Results

361 Degrees International Limited of Hong Kong said sales rose 29.9% to RMB 1.76 billion ($258.0 mm), in the six months ended Dec. 31 with help from the central government's massive stimulus package. The company said that while competition is growing

Hincapie Sportswear Names Rep for Southwestern States

Hincapie Sportswear has hired Chris Gould as retail sales representatives for the brand in Las Vegas, NV; Arizona; New Mexico and El Paso, TX. Effective immediately, Gould will represent Hincapie for retail cycling apparel and accessory sales to independ

Consumer Confidence Plummets

The Conference Board, a New York-based research group, said its Consumer Confidence Index fell to 46.0 in February from 56.5 in January. According to a Briefing.com consensus survey, economists expected the index to fall slightly to 55.0 from 55.9…

The Sports Authority Partners with US Youth Soccer

The Sports Authority was named the official sporting goods retailer of US Youth Soccer Unique membership discount card will be available to all US Youth Soccer members. This is the first time US Youth Soccer and Sports Authority have partnered together…

Teton County Approves Design Funds for Jackson Boulder Park

Teton County Commissions voted last week to approve a $7,075 contract to design a boulder park in downtown Jackson, WY, the Jackson Hole Daily reported. The non-profit coalition backing the project has already raised $100,000 of its $150,000 goals…

Nikwax Hires Adrenaline Sports Marketing to Grow Southeast Sales

Nikwax N.A. has welcomed the Adrenaline Sports Marketing team to its sales force in the Southeast, where it thinks the agency can grow sales as consumers look for ways to get more out of their existing footwear, apparel, tents and other outdoor gear…

Sanita Appoints Director of Brand Development

Sanita Clogs named Sonia Alexander-White as its director of brand development. Alexander-White served as the creative marketing director of 1928 Jewelry Company…