Sponsors
Billabong ▲ +0.010 | PPR ▲ +0.55 | American Apparel ▼ -0.013 | The Buckle ▼ -0.39 | Columbia ▲ +0.09 | Deckers Outdoor ▲ +0.26 | Dicks ▼ -0.02 | Foot Locker ▼ -0.18 | Genesco ▼ -0.06 | Iconix Brand Group ▼ -0.05 | Jarden Corp ▲ +0.15 | Nordstrom ▼ -0.15 | Luxottica ▼ -0.56 | Nike ▲ +0.51 | Pacific Sunwear ▼ -0.05 | Skullcandy ▼ -0.04 | Sport Chalet - 0 | Urban Outfitters ▼ -0.53 | VF Corp ▼ -0.01 | Quiksilver ▼ -0.01 | Zumiez ▼ -0.33 | Macys ▼ -0.37 | Tillys ▲ +0.05 |
Ticker Sponsor
Readers Say
Executive Edition rules
Executive Edition rules

“Shop-Eat-Surf” is now officially, the first stop in the morning for industry news. Accurate reporting, no sensationalism, and just the facts. Refreshing support to an incredible industry with a very bright future. Tiffany has cemented her role in the industry....the site is thought provoking, and inspirational. Learning the stories of others is incredibly useful. Great way to connect the retail community with the wholesale and financial, instantly and nationwide. ... And the Executive Edition rules.

- By Bob Hurley, Chairman, Hurley International
Since the inception of Executive Edition, I only need 1 stop
Since the inception of Executive Edition, I only need 1 stop

As a retailer in the surf industry for the past 21 years, I have had to use multiple sources to stay informed to the news within surf. Since the inception of the Executive Edition of Shop-Eat-Surf.com, I need only one stop. Thanks for providing such a valuable tool to all of us in the industry. Shop-Eat-Surf is a must read for all of our staff at Maui Nix.

- By George Karamitos, CEO, Maui Nix
Industry Insight

MOSS ADAMS: Webinar 12/2 on internal controls to increase the value of your business.
AGENDA: 12/30 deadline to pre-register for Jan. 5-6 Long Beach show.
CIT TRADE FINANCE: Middle-market retailers cautiously optimistic for holiday.
Details on Industry Insight.


Tiffany Montgomery
Print This Article

Sport Chek to expand S3 shops again

By Tiffany Montgomery
June 07, 2011 7:29 AM

Large Canadian chain retailer Sport Chek is expanding its surf and skate offering again.

 

Parent company Forzani Group previously announced it would open 24 S3 shop-in-shops in Sport Chek stores.

 

S3 stands for surf, skate and snow.

 

Forzani said today it is expanding that number to 31 S3 shops.

 

The idea is to add surf and skate apparel and footwear to Sport Chek’s snowboard offering.

 

The Forzani Group also reported today that first quarter same store sales declined 2%. Total revenue rose 0.7% to $329.7 million.

 

The company reported a net loss of $1.9 million vs. a net loss of $0.4 million in the same period last year.

 

Sales trends have improved thus far in the second quarter, the company said, as warmer weather finally appeared in Canada.

 

The Forzani Group is in the process of being acquired by Canadian Tire Corp. That deal is expected to close in the third quarter.

 

The Forzani Group has 529 stores under various banners, including 139 Sport Chek stores.

 

 

 

 


Articles You Might Have Missed