Cobblestones Activewear has named Michael Seegmiller vice president of Sales and Marketing, it was announced by Mark Osborn, general manager. Seegmiller comes to Cobblestone with more than 25 years experience in managing national and key accounts, includi
Author: James Hartford
DSW May Comps Increase 7.8%
Retail Ventures, Inc. announced total sales for May 2004 increased 8.6% to $220.5 million from $202.9 million for the four weeks ended May 31, 2003. The company's same store sales increased 1.9% for the four week period. Total sales for DSW Shoe War
Dillard’s Reports 5% May Comp Store Sales Decline
Dillard's, Inc. announced that sales for May 2004 were $511.4 million compared to sales for the four weeks ended May 31, 2003 of $536.6 million. Total sales decreased 5% for the four-week period and comparable store sales decreased 5% for the four-we
Target Corp May Comps Again Hurt by Mervyn’s Declines
Target Corporation reported that its net retail sales for the four weeks ended May 29, 2004 increased 10.6% to $3.544 billion from $3.203 billion for the four-week period ended May 31, 2003. Comparable-store sales increased 4.6% from fiscal May 2003. Tar
Finish Line Q1 Comps Jump Another 14%; Raises Guidance
The Finish Line, Inc. reported net sales of $258.0 million for the thirteen weeks ended May 29, 2004, an increase of 24% over net sales of $207.8 million for Q1 last year which ended May 31, 2003. Comparable store net sales for Q1 increased 14% on top of
Sears Sees May Comps Down 4.7% on Memorial Day Shift
Sears, Roebuck and Co. announced that comparable domestic store revenues decreased 3.7% for the four weeks ended May 29, 2004. Total domestic store revenues were $2.08 billion for the four-week period in May 2004, down 4.7% compared with the four weeks en
Costco May Comp Store Sales Increase 16%
Costco Wholesale Corporation reported net sales of $3.8 billion for the four weeks ended May 30, 2004, an increase of 19% from $3.20 billion in the same four-week period of the prior fiscal year. A calendar shift impacted sales positively by approximatel
Tretorn Creates New ‘Gullwing’ Division
Tretorn has announced the establishment of “Tretorn Gullwing,” a division of the Swedish Tretorn brand, which was acquired by PUMA in 2001. Gullwing will hit stores in Autumn 2004 with a line of elegant tennis shoes and classic rubber boots for men and w
Kellwood Q1 Earnings Up 19% on Phatter Sales
Kellwood Company reported that sales for the first quarter ended May 1, 2004 increased $14 million to $686 million, versus $672 million last year due to a combination of organic growth of $5 million, or approximately one percent, and the acquisition of Ph
Nike Board Member Resigns Position
Dr. A. Michael Spence has resigned from the Nike Board of Directors effective May 31, 2004. Dr. Spence, 60, cited a desire to spend more time on his business and personal interests as the reason for his resignation. Dr. Spence joined Nike's board in
May Retail Comps Mostly Surprise and Delight…
While May retail sales results were tough to read as a trend and did not offer up any solid consensus on the health of retail, the reports issued last week by dozens of public companies did appear to re-affirm the feeling that the U.S. retail economy is i
The Finish Line Answers Critic with Q1 Performance…
The Finish Line left little doubt as to its current trend which appears to be onward and upward, at least in the footwear category. The mall specialty retailer saw May comp store sales jump 16%, with footwear posting a 20% increase and apparel a 2% decli
Gregory Hires Marketing Coordinator; Adds Midwest Reps
Gregory Mountain Products announced the hiring of Jake Martin as Marketing Coordinator for the brand. In this newly created position Jake will be responsible for public relations, market research, project coordination, and copywriting. Gregory is also p
Forzani Q1 Net Earnings Jump 38% Despite Weaker Comps
The Forzani Group Ltd. reported that retail system sales for the first quarter ended May 2 grew by 2.8% to C$227.7 million compared to C$221.6 million for the year-ago period. Combined revenues from corporate and franchise divisions increased 3.3% over Q1
Elsey Resigns as Footwear Specialties Chief
Wayne Elsey has resigned from Footwear Specialties International after a five year stint as President and CEO. FSI is the parent company to Nautilus, SkidBuster and Third Watch Footwear. “The company and people are poised for positive growth in the indust
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