Author: James Hartford

Pacific Sunwear November Comps Jump 11.7%

December 4, 2003 SGB Update

Pacific Sunwear of California Inc. reported that total sales for the four weeks of November of fiscal 2003 were $84.3 million, an increase of 22.4% over total sales of $68.9 million for the four weeks of November of fiscal 2002. Company same-store sales

Federated November Comps Dip 0.1%

December 4, 2003 SGB Update

Federated Department Stores, Inc. reported total sales of $1.460 bn for the four weeks ended November 29, 2003, a decrease of 0.8% compared to total sales of $1.471 bn in the same period last year. On a same-store basis, Federated's November sales we

Famous Footwear November Comps Decline 2.9%

December 4, 2003 SGB Update

Brown Shoe Company, Inc. announced that Famous Footwear's sales for the four-week period ended November 29, 2003,
were $74.6 million versus $75.1 million for the same period last year. Same store sales were down 2.9%, as warmer-than-usual weather in

Target Corp. November Comps Up 6.2%; Mervyn’s Off 1.5%

December 4, 2003 SGB Update

Target Corporation reported that its net retail sales for the four weeks ended November 29, 2003 increased 12.1% to $4.414 bn from $3.937 bn for the four-week period ended November 30, 2002. Comparable-store sales increased 6.2% from fiscal November 2002,

The Finish Line Rolls On as Q3 Comps Jump 25%

December 4, 2003 SGB Update

The Finish Line, Inc. reported net sales of $202.0 million for the thirteen weeks ended November 29, 2003, an increase of 37% over net sales of $147.9 million for Q3 last year. Comparable store net sales for Q3 increased 25% versus a decrease of 1% report

Sears Domestic Store Comps Down 3.6% in November

December 4, 2003 SGB Update

Sears, Roebuck and Co. announced that comparable domestic store revenues decreased 3.6% for the four weeks ended Nov. 29, 2003. Total domestic store revenues were $2.5 billion for the four-week period in November 2003, down 3.2% compared with the four we

Ross Stores November Comps Grow 5.0%

December 4, 2003 SGB Update

Ross Stores, Inc. reported that sales grew 15% to $364 million for the four weeks ended November 29, 2003. These results were on top of a 12% increase for the four weeks ended November 30, 2002, when sales totaled $316 million. Comparable store sales for

Kohl’s November Comps Continue Downward Trend

December 4, 2003 SGB Update

Kohl's Corporation reported that sales for the four week
period ended November 29, 2003 increased 9.3% over the four week period ended November 30, 2002. On a comparable store basis, sales decreased 4.4%. Year-to-date same-store sales are down 1.6%

Saks Inc. Reports 6.7% November Comp Sales Gain

December 4, 2003 SGB Update

Retailer Saks Incorporated announced that total sales for the four weeks ended November 29, 2003 increased 7.6% and comparable store sales increased 6.7% on a total company basis. By segment, comparable store sales increased 3.7% for SDSG and increased 11

Callaway Moving Hogan Operations to Carlsbad

December 4, 2003 SGB Update

Callaway Golf Company will transfer essentially all of the Ben Hogan golf club manufacturing operations from their current location in Fort Worth, TX, to Callaway Golf headquarters in Carlsbad, CA. The move will be completed early in 2004. Callaway said

Dick’s Adds Phillips-Van Heusen CFO to Board

December 4, 2003 SGB Update

Dick's Sporting Goods, Inc. announced that Emanuel Chirico has been elected to the Company's Board of Directors.
Mr. Chirico currently serves as Executive Vice President and Chief Financial Officer of Phillips-Van Heusen Corporation…

The Bon-Ton Announces CEO Succession Plan

December 3, 2003 SGB Update

The Bon-Ton Stores, Inc. announced Tim Grumbacher, Chairman and Chief Executive Officer of The Bon-Ton Stores, Inc., intends to step down as chief executive officer by mid-2004. This is consistent with the company's on-going succession planning proce

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