Cabela’s Credit Card Business Weakens
According to a filing with the Securities and Exchange Commission, Cabela's Inc. said its credit card business' gross charge-offs rose in July. Gross charge-offs — accounts receivable that will likely not be collected and be written off — rose
Russell Corp. Jobs Headed to Kentucky from Alabama
Fruit of the Loom has announced it will relocate more than 270 apparel jobs from Alexander City and Monroeville in Alabama to its headquarters in Bowling Green, Kentucky. Positions affected include 218 Russell Corporation employees in Alexander City and 5
Golf and Rugby May Make 2016 Olympics
The International Olympic Committee's executive board recommended that golf and rugby sevens be added to the 2016 Olympics. IOC members will vote at Copenhagen, Denmark in October on whether or not to uphold the proposal put by the board to approve g
Recall: Nautilus Dip Machines
Nautilus Inc. is recalling about 400 F3 Chin Dip Stationary Exercise units because they pose a fall hazard to users. According to the U.S. Consumer Product Safety Commission and Nautilus, the footpads on the units can break, creating the hazard…
Under Armour and Patterson Dental Partner Around Mouthwear Line
Patterson Dental, based in St. Paul, Minn., announced that it has become the exclusive distributor of Under Armour Performance Mouthwear. The mouthwear was developed by Bite Tech Inc. and promises to not only protect the jaw from hits but to reduce stress
Brother Introduces Garment Printer Print Head Cleaning Service
The Brother International Corporation Industrial Products Division said it is now offering a new print head cleaning service for their GT-541 and GT-782 garment printers that would help to virtually eliminate production down time, and in some cases, the e
Investor Files Class Action Suit Against Ruger; Claims Misrepresentation of Facts
Coughlin Stoia Geller Rudman & Robbins LLP has announced that a class action has been commenced on behalf of an institutional investor in the United States District Court for the District of Connecticut on behalf of purchasers of Sturm, Ruger & Company, I
CPSC to Enforce New CPSIA Requirements for Children’s Products
On August 14, 2009, new requirements of the Consumer Product Safety Improvement Act (CPSIA) will take effect that are aimed at making children's products safer and increasing consumer confidence in the marketplace…
GSI Commerce Prices Common Stock Offering
GSI Commerce Inc. has priced its previously announced public offering of common stock at $17.00 per share. The company is selling 3,661,150 shares of common stock…
Wal-Mart Q3 Net Beats Street; Comps Dip 1.2% in Third Quarter
Wal-Mart Stores, Inc. reported net sales for the second quarter were $100.082 billion, a decrease of 1.4% from $101.546 billion in the second quarter last year. Without the negative impact of currency exchange rates equal, net sales for the quarter incre
Petzl America Hires Vance as Technical Information Manager
Petzl America hired Rick Vance to the position of Technical Information Manager. Rick comes to Petzl with a background in engineering and a passion for climbing…
The Access Fund Sees Success with AFLCC
The Access Fund is seeing unprecedented industry support of the Access Fund Land Conservation Campaign (AFLCC), a new movement to save endangered climbing areas. The AFLCC is a multimillion-dollar revolving loan program designed to provide local climbing
AcuSport Adds LWRC Tactical Line
AcuSport Corporation, a distributor of outdoor and shooting sports products, has introduced LWRC International to their line of shooting sports products. LWRC produces a family of M6 short-stroke, gas-piston operated rifles and carbines…
OIWC Launches Women’s-Specific Design Contest at Interbike
The Outdoor Industry Women's Coalition (OIWC) Intuition & Ingenuity: A Women's Product Showcase will make its debut at Interbike, promoting women's bike products and highlighting women who have designed, tested, or participated in introduci
Macy’s Sees Q2 Sales Fall 9.7%, Comps Down 9.5%
Macy's, Inc. reported earnings of 2 cents per diluted share for the second quarter of 2009, ended Aug. 1, 2009. These results include restructuring charges of $34 million ($77 million after tax; 18 cents per share) related to division consolidations
