Warm Weather, Consumer Confidence, and Gift Cards Create Perfect Storm at Retail in January…
Consumers warmed up to moderating weather patterns in January and pulled out their Christmas gift cards en masse to help retailers post a solid month and the perfect finish to the retail year. As in years past, gift card redemptions help push the holiday
REI Honors Top Vendor Partners…
Recreational Equipment, Inc. named Eagle Creek as its Vendor Partner-of-the-Year at the 2005 vendor partnership awards at the Outdoor Retailer Winter Market. The annual awards program, established in 1993, recognizes three key vendors and one overall vend
G.I. Joe’s Takes Over a Former Wal-Mart Spot…
G.I. Joe's plans to open a new Kennewick, Wash. store. The opening is scheduled for late April. The Kennewick store, G.I. Joe’s 24th, will utilize 52,000 sq. ft. of the former Wal-Mart store located at 7011 W. Canal St., just off Columbia Center Boul
Yakima Launches Lifetime Warranty
Yakima has created the new “Love It ‘Till You Leave It” limited lifetime warranty. The warranty, which goes into effect on March 1, 2006, covers all Yakima products and accessories for the life of the original owner…
Lafuma Acquires German Equestrian Brand
Lafuma took-over the business activities and main assets of Gerog SCHUMACHER, a German company specialized in equitation clothing. Sales in 2005 for Georg Schumacher totalled €2.2 million ($2.6 mm), 60% of which was achieved in Germany, Austria and Switze
BOB Successfully Relocates to Boise
In an effort to accommodate continued growth of the company, BOB jogging strollers has successfully relocated its entire business operation from San Luis Obispo, CA to Boise, ID. As of January 16, BOB has resumed operations and is again shipping product –
Shoe Carnival January Comps Jump 11.8%
Shoe Carnival, Inc. reported that sales for the month of January increased 14.1% to $39.0 million from sales of $34.2 million for the four-week period ended January 29, 2005. Comparable store sales increased 11.8% in January 2006…
Costco Comps Climb 9% in January
Costco Wholesale Corporation net sales were $4.12 billion for the month of January, an increase of 12% from $3.67 billion in the prior fiscal year. January comparable store sales increased 9%…
BJ’s Wholesale Comps Climb 2% in January
BJ's Wholesale Club, Inc. sales for January 2006 increased by 5.6% to $524 million from $496 million in January 2005. Comparable club sales increased by 2.0% for the month of January, including a contribution from sales of gasoline of 2.1%. In Januar
Federated January Comps Inch-Up 1%
Federated Department Stores, Inc. reported total sales of $1.497 billion for the month of January, an increase of 83.1% compared to total sales of $818 million in the same period last year. On a same-store basis, Federated's January sales were up 1.0
Saks Comps Climb 4% in January
Retailer Saks Incorporated announced that for the month of January total Company comparable store sales increased 4.0% and total sales decreased 10.9%. By segment, comparable store sales increased 4.3% for SDSG and increased 3.7% for SFAE for the month.
Kohl’s January Comps Climb 2%
Kohl's Corporation sales for the month of January, 2006 increased 13.3% over the month of January, 2005. On a comparable store basis, sales increased 2.0%.
Target’s January Comps Increase 5.2%
Target Corporation reported that its net retail sales from continuing operations for the four weeks ended January 28, 2006 increased 14.1% to $3.566 billion from $3.126 billion for the four-week period ended January 29, 2005. On this same basis, comparabl
Mountain Hardwear Launches New Program to Promote Exodus Packs
Mountain Hardwear Inc. has partnered with three continental north-south trail organizations to help promote some of the nation’s most cherished long-distance hiking trails. The partnership marks the launch of Mountain Hardwear’s new Exodus Pack line.
Confluence Extends Tsunami Commitment Program
After the 2005 Tsunami in South Asia, Confluence Watersports introduced the Tsunami Commitment program to raise funds to support the relief and rebuilding of areas affected by water related natural disasters. As was the case last year, in 2006 Confluence
