Golfsmith International is teeing up for the opening of its first Xtreme golf store in Myrtle Beach, S.C. The 35,000-sq.-ft. space has been designed to encourage customers to try out products in an interactive hi-tech environment before they buy.
A $62 million tax benefit in the second quarter, alongside a portion of a special cash dividend Costco received in December 2012, helped bolster the company's net income for the first 36 weeks of fiscal 2013, ended May 12.
Multichannel retailer Delia’s credited exiting brand Alloy and unseasonably cool weather for the dip in its first quarter results for the period ended May 4. Amid the “disappointing” first quarter results, the company has appointed a new CEO.