Asics to Sponsor Freestyle Wresting Chamionships
ASICS will partner with USA Wrestling to be the official footwear, apparel, and accessory sponsor of the 2003 World Championships of Freestyle Wrestling to be held September 12-14, 2003 at one of the world's most famous arenas, Madison Square Garden
West Marine Cuts Forecast on Poor Labor Day Sales
West Marine's CEO said that Labor Day weekend sales were “disappointing” and that WMAR is now running running low single-digit negative comparable store sales month-to-date in September. WMAR now expects Q3 EPS in the 37 cents to 39 cents range on s
ICON Gets Stay of Injunction in Crossbow Dispute
The Nautilus Group, Inc. announced that the United States Court of Appeals for the Federal Circuit granted ICON Health and Fitness, Inc. a Stay of the Preliminary Injunction originally ordered by the Federal District Court for the Western District of Wash
Elder-Beerman August Comps Fall 9.5%
Comparable store sales for The Elder-Beerman Stores decreased 9.5% for the four weeks ended August 30, 2003 compared to the four weeks ended August 31, 2002. Total store sales decreased by 9.9% to $41.4 million versus the same period last year.For the yea
Sierra Club Wins an Emmy
the Sierra Club celebrates a News and Documentary Emmy awarded to Ansel Adams: A Documentary Film. Last night at Marriott Marquis Hotel in New York City, the National Academy of Television
Arts & Sciences honored the first public television program
Wet Seal Comps Decline 10.7% in August
The Wet Seal reported net sales for the four-week period, ended August 30, 2003, of $50.4 million. This compares with net sales of $54.0 million for the same period 2002. Comparable store sales for August this year declined 10.7 percent, versus a comparab
Elder-Beerman Receives Definitive Proposal from the Bon-Ton Stores
The Elder-Beerman Stores Corp. announced that The Bon-Ton Stores, Inc. has proposed a combination of the two companies. Bon-Ton indicated that it is prepared to sign a merger agreement that would provide all Elder-Beerman shareholders with $7.00 in cash f
Sears August Comps Up 3.9%
Sears, Roebuck and Co. announced that comparable domestic store revenues increased 3.9% for the four weeks ended Aug. 30, 2003. Total domestic store revenues were $2.1 billion in August 2003, up 4.1% compared with the four weeks ended Aug. 31, 2002. Year
NSGA Retail Footwear Survey Confirms H1 Woes
According to a National Sporting Goods Association Market Survey, retail sales of athletic footwear slipped 4.4% during the six-month period, October 2002 through March 2003. Sales for the six-month reporting period were $6.24 billion versus $6.52 billion
August Comps at Nordstrom Are Up 3.2%
Nordstrom reported preliminary sales of $402.6 million for the four-week period ending August 30, 2003, an increase of 11.3% compared to sales of $361.7 million for the four-week period ending August 31, 2002. Same-store sales increased 3.2%. Year-to-dat
Target Stores Drives August Increase at Target Corp.
Target Corporation reported that its net retail sales for the four weeks ended August 30, 2003 increased 12.4 percent to $3.632 billion from $3.231 billion for the four-week period ended August 31, 2002. Comparable-store sales increased 5.7% from fiscal A
Famous Footwear August Comps Turn Positive; Rise 2.0%
Brown Shoe Company, Inc. announced August retail sales at Famous Footwear rose 3.7% to $135,800,000 for the four-week period ended August 30, 2003, compared to $131,000,000 for the same period last year (ended August 31, 2002). Same-store sales for Augus
Federated August Comps Dip 0.8%
Federated Department Stores, Inc. reported total sales of $1.078 billion for the four weeks ended August 30, 2003, a decrease of 0.6% from total sales of $1.084 billion in the same period last year. On a same-store basis, Federated's August sales wer
Finish Line Q2 Same-Store Sales Surge 21%; Raises Guidance
The Finish Line reported net sales of $270.8 million for the thirteen weeks ended August 30, 2003, an increase of 33% over net sales of $204.3 million for Q2 last year. Comparable store net sales for Q2 increased 21% versus an increase of 1% reported for
Court Approves Callaway Top-Flite Bid
Callaway Golf Company has prevailed in the auction to purchase substantially all of the assets of the Top-Flite Golf Company. The acquisition was approved by the U.S. Bankruptcy Court in Wilmington, DE on Thursday. The deal is worth $174.4 million in ca
