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For Express, an important part of its competitive strategy is to offer merchandise at much lower prices than Lululemon and others. Yoga pants typically sell for about $100 at Lululemon, for example, and Victoria's Secret Sport sells them for about $64, while Express recently slashed...

Sales at privately held retailers selling sporting goods, hobby supplies and musical instruments (NAICS 4511) in the 12 months ended Aug. 1 were 10.5% higher than the same period a year earlier, and profit margins have been flat, at around 3 percent, according to Sageworks'...