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Smith & Wesson Moves into Knives
Showing its commitment to invest in its accessories division, Smith & Wesson Holding Corp reached a definitive agreement to purchase substantially all of the assets of Taylor Brands, LLC, a leading supplier of knives and outdoor tools. The purchase price was $85.0 million...
ICSC : BTS Sales Set for Smart Uptick
The International Council of Shopping Centers (ICSC) said its annual back-to-school survey predicts a robust BTS-selling season this year...(7/18/2016)
Amazon Kills It on Second Prime Day
Marking its biggest sales day ever, Amazon Inc. said customer orders taken during second annual Prime Day, July 12, surpassed Prime Day 2015 by more than 60 percent worldwide. Sales vaulted more than 50 percent in the U.S...(7/15/2016)
UBS Global Survey U.S. Athletic Slowdown Fears “Overblown”
A new consumer survey from UBS finds concerns about slowing athletic market growth in the U.S. are “overblown.”...
Why Was Canadian Tire’s CEO Ousted?
In a shocker, Canadian Tire, the parent of Sports Chek and one of the largest retailers in Canada, ousted its CEO, Michael Medline, less than two years on the job...
Sports Authority Strikes Deal with Lenders to Avoid All-Out Liquidation
Sports Authority negotiated a deal with lenders that will allow its liquidation sale process to continue. According to bankruptcy court documents, going-out-of-business (GOB) sales would have ended Friday without the agreement...(7/14/2016)
Helly Hansen Delivers Turnaround Year
Helly Hansen, which was undergoing a cash crisis at the start of 2015, scored a major turnaround last year...(7/13/2016)
Play It Again Sports Parent Sees Q2 Income Expand
Winmark Corp., the parent of Play It Again Sports, reported net income rose 13.7 percent for the quarter ended June 25, to $5.4 million, or $1.25 per share...(7/13/2016)