{"id":878,"date":"2008-06-05T07:45:22","date_gmt":"2008-06-05T15:45:22","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=878"},"modified":"2008-06-05T07:45:25","modified_gmt":"2008-06-05T15:45:25","slug":"west-49-sales-sliding","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=878","title":{"rendered":"West 49 Sales Sliding"},"content":{"rendered":"<p>In it&#8217;s first quarter for 2008 (ending April 26, 2008) Canadian action sports retailer <strong><a href=\"http:\/\/www.west49.com\/\" target=\"_blank\">West 49<\/a><\/strong> is reporting a net loss of $4.2 million and a same-store sales drop of 8.1 percent according to a story on <strong><a href=\"http:\/\/www.thestar.com\/Business\/article\/437624\" target=\"_blank\">Thestar.com<\/a><\/strong>.<\/p>\n<blockquote><p>The $4.2-million net loss &#8211; blamed on &#8220;the expected challenges posed by cross-border shopping and market conditions in Ontario&#8221; &#8211; was worth seven cents per share. This compared with a year-ago loss of $3.2 million or five cents per share, which included $400,000 in restructuring costs.<\/p>\n<p>&#8220;To lessen the impact of cross-border shopping, we continued to lower our prices to be more in line with U.S. prices,&#8221; stated CEO <strong>Sam Baio<\/strong>.<\/p><\/blockquote>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.thestar.com\/Business\/article\/437624\" target=\"_blank\">Thestar.com<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In it&#8217;s first quarter for 2008 (ending April 26, 2008) Canadian action sports retailer West 49 is reporting a net loss of $4.2 million and a same-store sales drop of 8.1 percent according to a story on Thestar.com. The $4.2-million net loss &#8211; blamed on &#8220;the expected challenges posed by cross-border shopping and market conditions [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10,16,12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/878"}],"collection":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=878"}],"version-history":[{"count":0,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/878\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=878"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}