NRF Report Shows 6.0% GAFS Gain in July

According to the National Retail Federation, July retail sales in the GAFS category increased 0.8% seasonally adjusted from June, and rose 6.0% from the same period last year. Sporting goods, Internet and catalog retailers joined hobby, book and music st

Delta Apparel Fiscal Q4 Sales Off15%, Earnings fall 59%

Delta Apparel reported fiscal Q4 net sales decreased 15.3% to $36.8 million, when compared from the prior year quarter. Net earnings for the quarter were $1.6 million, down from $3.9 million in the year-ago period. Sales for the year ended June 28, 200

Coastcast Continues Decline; Cites Chinese Competition

Coastcast Corporation reported net sales were $13,133,000 for the second quarter of 2003 vs. $19,945,000. For the six months ended June 30, 2003 as compared to the same period in 2002, sales were $23,864,000 vs. $41,901,000. The company expects to report

Oakley Establishes Annual Dividend Policy

Oakley, Inc. announced that its Board of Directors had initiated an annual dividend policy and declared the Company's initial regular annual cash dividend of $0.14 per share, payable October 31, 2003, to shareholders of record at the close of busines

Oakley Appoints New Board Member

Oakley, Inc. announced the appointment of Tom Davin to the company's Board of Directors and to the Audit Committee of the Board of Directors. Mr. Davin currently serves as the Operating Partner of Brentwood Associates, a middle-market private equity

JC Penney Narrows Q2 Loss on 2.1% Comp Store Gain

JC Penney Company reported a second quarter loss of $0.02 per share compared with a loss of $0.05 per share in last year's quarter. Department stores Q2 LIFO operating profit more than doubled to $51 million compared with $22 million last year, an i

Next Inc. Taps Howard for Top Sales Slot

Next, Inc. has appointed Stan Howard to the position of Vice President Sales and Marketing for the company. Mr. Stan Howard, through the acquisition of Lil Fan Inc and affiliates by Next, has added significant customers and product lines. Mr. Howard has

George Joins Nike’s Team Jordan

Jordan, a division of Nike, Inc., announced the addition of record-breaking Pro Bowl running back Eddie George to Team Jordan, the elite group of professional athletes hand-picked by Michael Jordan to represent the Jordan brand of footwear and apparel…

May Company Posts Q2 Loss on Divestiture Costs

The May Department Stores Company saw a net loss of $100 million, or 39 cents per share, for the second quarter, compared with net earnings of $69 million, or 22 cents a share, in the year-ago period. The Q2 2003 results include a charge of $318 million,

Sun Ice Withdraws Acquisition Plan

Sun Ice Limited and the company set up to take it private have jointly announced that the plan to execute the transaction has been withdrawn. The purchasing company was set up as a holding company wholly-owned by Sylvia Rempel, the President, CEO and Cha