In the second installment of Retail Round Up, we’re looking at how several major Department Stores have performed in 2008, and how those results match up against specialty stores.
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Let’s ignore the numbers for a bit and start with how Hot Topic Describes itself. They give equal billing to brick and mortar and internet retailing. That’s pretty forward looking. Guess they’ve decided how they expect the market to evolve. Read more here.
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In an effort to provide our readers with as much information on the current state of retail as possible, Transworld Business has developed a new monthly column we’re calling Retail Round Up.
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Each year, SIA compiles industry studies to give members a comprehensive view of the year that was. Last season’s report just came out and found that snowboarding was a 475 million-dollar business domestically. Here’s who spent those dollars where.
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Zumiez’s Quarter Ended November 1st is boring - but that’s good. When it comes to public filings, the last thing you want is for your company’s filings to be filed with interesting stuff that somebody like me can have a great time dissecting. I’m afraid that I’ll have almost no fun at all reviewing this filing. Oh well.
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You probably recall I wrote at some length about the letter from former Orange 21 CEO Mark Simo to the Orange board of directors requesting/recommending strongly talks between Orange and No Fear, of which Mr. Simo is the CEO and 37% shareholder, about a merger between the two. Orange said, “No thanks.” Read more here.
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According to preliminary reports from several major news sources, retail numbers were higher than last year’s on Black Friday, setting the holiday season off to strong start - although many still warn that key signs point to a significantly weaker overall holiday season.
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If you have a specific question about your business’s finances, or just a general question about the economy (besides the obvious “When’s it going to get better?”), you’ve come to the right place.
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Transworld Business teamed up with SIMA to conduct a survey at the Sacred Craft consumer surfboard expo held in Del Mar, California a few weeks ago. Here’s a portion of the results.
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I’ve had a number of emails asking me what I thought about Quiksilver. Some of them have been along the lines of, “Should I buy the stock?” or “What’s it worth? If I knew with any degree of certainty whether or not to buy Quik stock, or any other stock, I’d be rich, rich, rich. As far as what it’s worth goes, it’s worth what it’s trading for right now. This minute. No idea if it will be worth more or less tomorrow.
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