Target Corporation said net retail sales for the four weeks ended March 1, 2008 increased 5.9 percent to $4.37 billion from $4.13 billion for the four weeks ended March 3, 2007. Comparable store sales increased 0.5 percent on the same comparison basis.
Author: Charlie Lunan
Kohl’s Same-Store Sales Fall 3.8%
Kohl’s Corporation said sales rose 4.6% on a same-store sales deline of 3.8% for the four-week period ended March 1…
Ross Stores Racks up Strong February Comps
Comp sales rose a strong 4% at off-price retailer Ross Stores, Inc., allowing the retailer to increase sales by 12% to $444 million for the four weeks ended March 1. That was up from $395 million for the four weeks ended March 3, 2007…
Crocs: Costco Not an Authorized Dealer
Crocs, Inc. reiterated that it is not selling and has never sold to Costco Wholesale Corp. In a statement issued today, Crocs said it “has segmented its distribution strategy in order to maintain price integrity and enhance brand equity.”…
SIA Urges Retailers to Link to Consumer Site
SnowSports Industries America (SIA) is urging retailers to link to its relaunched consumer website, snowlink.com, which promotes snowsports through a variety of content, including how-to-buy articles. The site features sections on “Planning Your Trip,” “W
SIA Says Duties Could Double Under Proposal
The SnowSports Industries Association is asking its members to submit comments to it by close of the day Friday on a proposed change to federal regulations that the trade group says could double duties on imported goods. U.S. Customs and Border Protection
Registration Open for IMBA’s World Summit
Online registration is now open for the 2008 IMBA World Summit in Park City, UT. The event will bring mountain biking advocates, land managers, ski resort professionals, trailbuilders, park planners, tourism officials and the bike industry together for co
Life is good Selects CenterStone for B2B Solution
Life is good has selected CenterStone Technologies, Inc.'s iVendix software to provide a business-to-business (B2B) on-line ordering solution for their retail dealers and sales reps…
Aldila Q4 Sales Flat on Softer Demand and Pricing
Sales at Aldila, Inc. were essentially flat in the fourth quarter at $17.7 million, but net income soared thanks to gains on the sale of its 50% stake in Carbon Fiber Technology LLC. Aldila said sales were down for the full fiscal year due to a decline in
Loop’d Network Launches Site for Skiers
Loop’d Network, a San Diego start-up that is creating a social networking site for action sports brands, has launched a community for skiers. The new site offers skiers the ability to seek sponsorship, enter contests sponsored by brands such as Oakley and
Fox Racing Shox Hires Patent Attorney
Fox Factory, Inc. has hired a high-powered patent attorney, inventor and former mountain biking and motocross enthusiast as its general counsel. David Haugen, who will also carry the title “chief patent attorney,” will focus on ensuring that Fox's i
Whitewater Hall of Fame Transferred to Foundation
The Paddlesports Industry Foundation (PIF) has acquired the International Whitewater Hall of Fame (IWHOF) from its founder, the Adventure Sports Center International (ASCI). The deal will allow the non-profit ASCI to focus on running the center, which fea
Genesco and Finish Line Boards Approve Settlement
Boards for Genesco Inc. and The Finish Line Inc. approved a definitive agreement to terminate their merger agreement and all related litigation with units of investment bank UBS in a settlement that will leave Genesco approximately $200 million richer. Th
Jarden Affirms EPS Goals
Jarden Corp. chairman and CEO Martin Franklin said it expected to achieve earnings per share of $3 in 2008 and affirmed its goal of $5 in EPS in 2010 in a presentation to investors. The company set the $3 EPS goal in 2005. Jarden’s Outdoor Solutions unit,
Dorel Anticipates Dip in EPS on 2.3% Rise in 2007 Revenues
Noting that it was discussing 2007 results with potential investors, Canadian bicycle maker Dorel Industries Inc., said revenue rose 2.3% for the year ended Dec. 30, 2007 to $1.81 billion, as compared to prior year's revenue of $1.77 billion. Dorel m
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