West Marine July Comps Plunge 9.5%
West Marine net sales for the four weeks ended July 31, 2004, were $71.8 million, a 5.6% decrease compared to net sales of $76.1 million for the same four-week period a year ago. Comparable store net sales for July decreased 9.5% compared to the same peri
Ross Stores July Comps Fall 5%
Ross Stores reported sales of $309 million for the four-week period ended July 31, 2004, a 2% increase above the $303 million in sales reported for the four weeks ended August 2, 2003. Comparable store sales for the same period declined 5% from the prior
Trails.com Inks Partnership with Sierra Designs
Sierra Designs recently became the first manufacturer to offer a free six-month Trail Finder™ subscription with the purchase of any Sierra Designs sleeping bag. The program will be released at the Summer Outdoor Retailer trade show, Aug. 12-14, 2004 and a
Payless July Comps Drop 6.5%
Payless ShoeSource same-store sales decreased 6.5% during the July reporting period, the four weeks ended July 31, 2004. Company sales totaled $192.0 million, a 5.7 percent decrease from $203.6 million during fiscal July of last year…
REI Appoints New VP of Distribution and Logistics
REI has appointed David Presley to the position of vice president of Distribution and Logistics. Presley, who comes to REI with 20 years' experience in supply chain management, will provide leadership to the warehousing, order processing and product
Target Stores July Comps Up 4.1%
Target Corporation reported that its net retail sales for the four weeks ended July 31, 2004 increased 8.8% to $3.59 billion from $3.30 billion for the four-week period ended August 2, 2003. On this same basis, comparable-store sales increased 3.8% from f
Nordica Inks Deal with Canadian Alpine Ski Team
NRB Sports Inc, the Canadian subsidiary of Italian owned Nordica and Rollerblade, has announced that after a long absence it has re-joined the Canadian Alpine Ski Pool. Already in association with numerous ski pools world wide, this partnership will allow
Chamandy Resigns From Gildan Activewear
H. Greg Chamandy has stepped down from his roles as Co-Chief Executive Officer, Chairman of the Board and Chairman of the Executive Committee of Gildan Activewear, in order to pursue other business interests. He has also resigned as a member of the Board
Sportsman’s Guide Q2 Income Jumps 23% on 2.3% Sales Increase
The Sportsman's Guide reported sales for the second quarter 2004 were $38.9 million compared to the $38.0 million reported for the same period one year ago. The Company reported net earnings of $797,000, or $0.15 per fully diluted share for the quar
Brunswick Gets Top-Line Help Across the Board; Fitness a Drag on Profits…
Brunswick Corporation reported a strong second quarter, with double-digit sales gains evident across all divisions, while significant net income growth was impacted only by a decline in operating margins in the company’s Fitness division, which includes t
Nike Updates Back Half Order Backlog Numbers
Nike, Inc. filed its fiscal 2004 10-K report on Friday, revising its futures backlog figures for shipment through November. The company pointed to strength in the U.S. and Asia markets that drove backlog up 11.3% to $5.6 billion, versus its previously
K-Swiss Sees U.S. Q2 Business Falter and Backlog Slow on Foot Locker Pullback…
K-Swiss management feels they are heading into one of their cyclical business troughs, a situation the company feels they can handle as they have before. This time it looks as though the pullback at Foot Locker is having a profound impact on both sales a
Spyder Acquired in $100 Million Cash Deal…
In a deal that has been in the works for several months, Apax Partners last week finalized its acquisition of Spyder Active Sports in a transaction valued at approximately $100 million, including assumption of debt. Apax is one of the largest private equ
Sport Chalet Expands Team Business; Posts Solid Q1…
Sport Chalet, the SoCal-based retailer that has built a business on a strong commitment to SnowSports, Outdoor, SCUBA, and other performance sports, has made the move to capture more of the team sports business. The retailer has acquired Bassco Sporting
Dick’s Closes Galyans Deal; Plans More Stores…
Dick's Sporting Goods completed its $362 million acquisition of Galyan's on Thursday via a deal structured as a merger. With the 48 Galyans doors, Dick’s now has 221 stores in 32 states and had combined sales of about $2.2 billion in the last f
