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Dick's Sporting Goods Scaling Back Plans For New Stores, But Expects E-Commerce GrowthPublished in SportsBusiness Daily on 04 / 15 / 15
Dick's Sporting Goods has "scaled back its plans for new stores and its predictions for revenue growth and profitability over the next several years as demand remains sluggish for some of its core products," including golf, according to Alex Nixon of the PITTSBURGH TRIBUNE-REVIEW. Dick's yesterday s...
SFX Entertainment and The Marquee Group (TMG) will "change the terms" of their deal "struck before the stock market''s dramatic sell-off in recent weeks," according to Richard Morgan of DAILY VARIETY.
TX-based Golfsmith''s bid of $10.25M for CA-based Lynx Golf, which recently filed for Chapter 11 bankruptcy, includes $8.35M in cash, and was approved by a bankruptcy court, according to Bruce Bigelow
NY-based Family Golf Centers has acquired four golf facilities: Timber Ridge in K.C., Coyote Creek in Vancouver, Douglasdale in Calgary and Pine Canyon in NJ. The company also signed letters of intent
Nike has "agreed to increase wages 22% for entry-level factory workers in Indonesia," according to the WALL STREET JOURNAL. The move is retroactive to October 1 and "raises the entry price for Nike''s
In a "cost-cutting" reaction to its slumping sneaker sales, Reebok "plans to stop most of its athletic shoe production in the Philippines," according to Greg Gatlin of the BOSTON HERALD. Reebok "plans
News Corp. Chair & CEO Rupert Murdoch told shareholders Tuesday in Australia that he "believes the world is headed toward a ''deflationary market'' -- but he made it clear" the proposed IPO of Fox Ent
SLM Int''l, the company that makes CCM hockey equipment, has agreed to buy Sports Holdings Corp. (SHC), creating a $200M sports equipment company. SHC, a hockey equipment marketer in Scandinavia and c
GA-based marketing and communications company Primedia has merged with NC-based Team Simpson Racing and will become an independently operated division of Simpson Performance Products, whose divisions
Reebok said in an SEC filing that it "will allow some employees to exchange stock options for a retooled options plan," according to the WALL STREET JOURNAL. The plan allows employees of the MA-based
Chicago-based Lighthouse Holdings has acquired Int''l Sports Marketing (ISM) from Pittsburgh-based Allin Communications Corp. ISM, a ten-year old firm which has partnerships with the NFLPA and MLB Alu