“Meaningful revisions to retail sales numbers by the Census Bureau and similar revisions to personal income and consumption by the Bureau of Economic Analysis have both affected our forecast and have required us to adjust our 2017 sales projection,” NRF Chief Economist Jack Kleinhenz said....
Chief Executive Mike Ashley said: “We remain fully focussed on our strategic goal of moving our core business towards the ‘Selfridges’ of sport in order to further strengthen our proposition and drive long-term profitability. ...
Dick’s Sporting Goods will be opening eight new Dick’s Sporting Goods stores and two new Field & Stream stores in the first half of September. Dick’s will now have 711 Dick’s Sporting Goods locations and 34 Field & Stream locations across the country. The new Dick’s...
HURRICANE HARVEY DISASTER RELIEF Two Ten offers support to footwear employees (and their families) now in a state of crisis in the wake of Hurricane Harvey. We provide emergency financial assistance to footwear employees and their families that have been affected by the storm, in addition to information, referral...
Soles4Souls, the non-profit social enterprise that creates sustainable jobs and provides relief through the distribution of shoes and clothing, is preparing a response effort to help those affected by Hurricane Harvey and the relentless tropical storm forecasted to bring catastrophic flooding to south-east Texas. Soles4Souls is working with partners on...
Eddie Bauer is opening in-store shops inside Hudson Bay’s locations in Vancouver and Toronto in Canada. The stores mark Eddie Bauer’s first appearance into a Canadian department store and will feature a curated collection of Eddie Bauer’s technical outdoor apparel and gear. The Queen Street Toronto store, opening August...
The Finish Line Inc. said it expects a steep decline in earnings in both the second quarter and fiscal year ended March 3 while also indicating it is adopting a shareholder-rights plan aimed at thwarting unwanted takeover advances. Second Quarter Guidance For the second quarter ended August...
The 117th U.S. Open is underway in New York City and Adidas kicked off the competition in a special way. Yesterday Adidas, Pharrell Williams, Stan Smith and Adidas tennis athletes Garbiñe Muguruza, Angelique Kerber, Sascha Zverev, Dominic Thiem and Jo-Wilfried Tsonga gathered at Frederick Johnson Community Court in Harlem,...
Nike has partnered with Kendrick Lamar, the star rapper. Lamar has previously worked with Reebok. “Cortez. Since day one. #teamnike #TDE @nike @nikelosangeles,” Lamar wrote on Twitter and Instagram coupled with an image of him performing in pair of Cortez sneaker. He made the announcement across social media on Saturday,...
Amazon may be taking over Seattle, but it’s not harming retail growth. Seattle is one of the largest company-driven cities in the United States thanks to Amazon. The e-commerce company, founded by Jeff Bezos in 1994, owns a staggering 19 percent of all prime office space...