Cybex, in cooperation with the Consumer Products Safety Commission, is recalling 33,719 units of its Cybex and Trotter treadmills due to a potential fire hazard. The CPSC said consumers should stop using the product immediately because overheating and ig
Author: James Hartford
TSA Ups Forecast on Stronger Q3 Comps…
The Sports Authority, Inc. reported early Monday morning that, “based on recent trends”, the newly merged entity expects to see total sales for the third quarter ending November 1, 2003 to be approximately $550 million, with a comparable store sales incre
VF Corp Promotes Cordoro to CFO of Sportswear Coalition
VF Corporation announced that Bob Cordaro has been named Vice President and Chief Financial Officer for the VF Sportswear Coalition. Mr. Cordaro currently serves as Vice President – Controller for VF Corporation…
Sportsman’s Guide to Beat Q3 Estimates
The Sportsman's Guide, Inc. expects to report total sales of approximately $41.0 million and earnings per share of $0.12 to $0.13 for its third quarter ended September 30, 2003. This would compare to third quarter 2002 results of $36.7 million in sal
The Buckle Sees September Comps Increase 6.5%
The Buckle, Inc. announced that sales for the five-week period ended October 4, 2003 increased 12.5% to $41.5 million from sales of $36.8 million in the corresponding five-week period ended October 5, 2002. Comparable store sales increased 6.5%…
Famous Footwear September Comps Up 3.2%
Brown Shoe Company, Inc. announced September retail sales at Famous Footwear increased 4.5 percent to $95,500,000 for the five-week period ended Oct. 4, 2003, compared to $91,400,000 for the same period last year (ended Oct. 5, 2002). Same-store sales fo
Skechers Signs Kid’s Canada Licensee
Skechers USA, Inc. has named Multigroup Corporation as the licensee for Skechers-branded infant, toddler and children's apparel in Canada. Under the agreement, Multigroup will design, distribute and market children's sportswear and activewear i
Sears September Same-Store Sales Rise 3.2%
Sears, Roebuck and Co. announced that comparable domestic store revenues increased 3.2% for the five weeks ended Oct. 4, 2003. Total domestic store revenues were $2.5 billion for the five week period in September 2003, up 3.5% compared with the five week
Neiman Marcus September Specailty Comps Jump 14.7%
The Neiman Marcus Group, Inc. announced that comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, increased 14.7% in the five-week September period…
Saks, Inc. Sees September Comps Rise 4.0%
Saks Incorporated announced that for the five weeks ended October 4, 2003 compared to the five weeks ended October 5, 2002 total sales increased 5.4% and comparable store sales increased 4.0% on a total company basis. By segment, comparable store sales in
Payless September Same-Store Sales Decline 1.1%
Payless ShoeSource, Inc. reported that same-store sales decreased 1.1% during the September reporting period, the five weeks ended Saturday, October 4, 2003. Company sales totaled $269.5 million, a 0.3% decrease from $270.4 million during fiscal Septembe
Target Corp Shakes Off Mervyn’s Drag to Post 5.4% Spet. Comp Increase
Target Corporation reported that its net retail sales for the five weeks ended October 4, 2003 increased 12.3% to $3.937 bn from $3.507 billion for the fiveyear-ago period. Comparable-store sales increased 5.4% from fiscal September 2002. The company sa
DSW September Comps Leads Retail Ventures, Inc. to Double-Digit Gain
Retail Ventures, Inc. announced total sales for the five weeks ended October 4, 2003, increased 15.9% to $261.4 million from $225.4 million for the five weeks ended October 5, 2002. The company's same store sales increased 10.6% for the five week per
NRF Ups Forecast on Surprising September at Retail
After a difficult first half of 2003, retailers saw a pronounced jump in third quarter sales, according to the National Retail Federation. Sales gains stemming from a solid back-to-school season, pent-up demand for apparel, more seasonable weather, and st
Kelty Taps Ross as Backpack Product Manager
Kelty this week tapped Gail Ross as their new Backpack Product Manager. Ross joins Kelty from her post as Director of Development for Mountainsmith and 105 Meridien, and brings nearly 20 years of relevant experience to the position. In her new role, Ross