CEO of Wal-Mart Canada Inducted into Retail Hall of Fame
Mario Pilozzi, President and CEO of Wal-Mart Canada, will be inducted into the Canadian Retail Hall of Fame this June at STORE 2004 – Canada's Retail Conference. The Canadian Retail Hall of Fame was established by Retail Council of Canada (RCC) to re
Outlast Acquires Frisby Assets
Outlast Technologies, Inc. has acquired substantially all of the remaining assets of Frisby Technologies, Inc. The acquired assets include various technology licenses, the “Thermasorb” TM, logo and website, the Frisby R&D library, product development data
Kerbis Resigns from The Sports Authority
The Sports Authority announced that Elliott Kerbis, President and Chief Merchandising Officer, has resigned from the Company to spend more time with his family. The Company will actively pursue a successor to Mr. Kerbis. In the interim, Doug Morton, Vice
TSA Q1 Earnings Off on Integration Costs; Comps Inch Up 0.3%
The Sports Authority reported that net income for the 2004 first quarter dipped 2.9% to $4.1 million, or 15 cents per diluted share, compared with a net income of $4.2 million 34 cents per diluted share last year. The results included merger integration c
Easton to Debut TV Ads During College World Series
As the best teams in college baseball compete for a spot in the College World Series in Omaha, Easton will debut a series of new commercials showcasing their new lineup of Stealth™ bats and cleated footwear. Three spots were created by The Ballpark, a fu
SGMA: U.S. Women Set Their Sights on the Gym
Many women are getting their inspiration from perspiration. According to SGMA International's recent analysis of the Superstudy® of Sports Participation (conducted by American Sports Data), millions of American women are focused on fitness – at home
VewDo Adds New Reps; Opens Burlington office
Balance Designs, creators of the Vew-Do™ Balance Board and re-inventor of the concept, continues to build their sales and customer service team. Five more reps have been added, with Kurt Moscarello covering Metro NY; Kurt Kopp in WI, IL, MN; Kennon Smith
Sport Chalet Fiscal Q4 Net Jumps 516%; Comps Up 10.5%
Sport Chalet, Inc. reported that sales for its fiscal fourth quarter ended March 31, 2004 increased 19.2% from $58.2 million to $69.4 million. Comparable store sales increase 10.5% for the period. Net income increased 516.0% to $328,000, or five cents p
Dodge Receives Light Sentence in JFF Case; Epstein Settles SEC Suit
Steve Dodge, the former vice president of U.S. Sales for the pre-Nike Converse, Inc., was sentenced on Tuesday by United States District Judge Judge C. Lynwood Smith Jr. in the ongoing Just for Feet fraud case. Dodge will serve 18 months probation with s
VF and Vans Get Early Termination in Antitrust Waiting Period
VF Corporation and Vans, Inc. announced that they have received notification of the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the previously announced merger of Vans into a wholl
Chris Smith Joins Specialized as U.S. General Manager
Chris Smith will join Specialized Bicycles as General Manager of its USA Sales division. Chris comes from a solid background in specialty bicycle retail. In 1980, along with partner Clay Mankin, they opened Hickory Hill Bicycle Shop in Memphis TN and in
Samuel C. Johnson Passes Away…
Samuel C. Johnson, the businessman, philanthropist and environmentalist known affectionately as “Sam,” died quietly at his home in Racine, Wisconsin, on May 22, 2004. An internationally respected business leader, Mr. Johnson believed “business should ser
Bill Birch Leaves Five Ten
Five Ten announced that Bill Birch, the company’s long time sales agent for the UK, will leave the company to pursue other interests and to spend more time with his family. Five Ten recognizes Bill’s outstanding job over the last ten years in helping to b
BDE Wins Readers Digest Award
Black Diamond Equipment was highlighted recently in the May issue of Reader’s Digest as one of “America’s 100 Best New Discoveries.” Black Diamond’s Gemini headlamp was named “Best Flashlight” by the magazine, which reaches over 11 million readers each m
Foot Locker Comments Overshadow Q1 Results…
Some people just never seem to learn from their own past actions (or words).
Foot Locker, Inc. arguably gave up a year of potentially strong growth when it decided to “punish” Nike a year and a half ago, handing the urban fashion mall business to a the
