Cold-weather boosts Forzani holiday sales
Forzani Group (FGL.TO), Canada's largest sporting goods retailer and parent of the Fitness Source, said total retail system sales for the 10-week period ended Jan. 9 were up 6.5 percent as the cold weather boosted Christmas sales.
It said retail system sales -- retail sales from corporate and franchise stores -- rose 7 percent for the holiday season on a same-store basis.
Corporate same-store sales were up 9.4 percent, while franchise retail same-store sales grew 2.7 percent.
Forzani operates more than 550 retail outlets under banners such as Sport Chek, National Sport and Fitness Source.
--Compiled by Wendy Geister
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