The company may have solidified their future in performance basketball with the signings last month of Kobe Bryant, LeBron James and Carmelo Anthony, but the addition of the key retro icons strengthens Nike’s foothold in the fashion end of the footwear ca
Author: James Hartford
New Era, Koch Family Launching Annual Golf Event for Cancer Research
New Era Cap Company and the Koch Family will hold the inaugural DCK Memorial Golf Tournament Monday, July 21, at Wanakah Country Club in Hamburg, N.Y. All proceeds from this first-annual event will be donated to the University of Pittsburgh Cancer Institu
Shoe Carnival Lowers Q2 Forecast on Weaker June Comps
Shoe Carnival, Inc. reported sales for the five-week period ended July 5, 2003 increased 4.1% to $47.5 million from sales of $45.6 million for the five-week period ended July 6, 2002. Comparable store sales decreased 5.4% in June 2003. In June 2002, compa
The Buckle June Same-Store Sales Dip 1.0%
The Buckle, Inc. announced that sales for the five-week period ended July 5, 2003 increased 2.9% to $29.7 million from sales of $28.9 million in the corresponding five-week period ended July 6, 2002. Comparable store sales decreased 1.0% from comparable
Footstar Athletic Comps Up 1.0%; Will Broaden Nike Offerings
Footstar, Inc. reported that comparable store sales for the thirteen-week period ended June 28, 2003 declined 2.2%. Comparable store sales at Meldisco decreased 4.9%, and comparable store sales for the athletic segment increased 1.0%. Total sales in the
Smith Resigns From Oakley Board
Oakley, Inc. announced that Orin Smith has resigned as a member of the company's board of directors. Mr. Smith, president and chief executive officer of Starbucks Corporation, cited the change was necessary due to his increased duties and responsibil
Vaulue City June Comps Dip 0.2%; DSW Up 3.7%
Value City Department Stores, Inc. announced total sales for the five weeks ended July 5, 2003, increased 3.7% to $237.1 million from $228.7 million for the five weeks ended July 6, 2002. The company's same store sales decreased 0.2% for the five wee
Dillard’s June Same-Store Sales Decrease 6.0%
Dillard's, Inc. announced that sales for the five weeks ended July 5, 2003 were $635,748,000 compared to sales for the five weeks ended July 6, 2002 of $685,644,000. Total sales decreased 7%. Sales in comparable stores decreased 6% for the five-week
Sears Same-Store Sales for June Off 1.8%
Sears, Roebuck and Co. announced that comparable domestic store revenues decreased 1.8% for the five weeks ended July 5, 2003. Total domestic store revenues were $2.6 billion in June 2003, compared with $2.7 billion for the five weeks ended July 6, 2002.
Famous Footwear June Comps Decline 3.8%
Brown Shoe Company, Inc. reported that June retail sales for its Famous Footwear chain of were $99.0 million for the five-week period ended July 5, 2003, a 1.6% decrease compared to $100.6 million for the same period last year. Same-store sales for the p
JC Penney June Comps Inch Up 0.1%
J. C. Penney Company, Inc. reported today that comparable department store sales increased 0.1% for the five weeks ended June 28, 2003. Sales were soft early in the period, then strengthened during Father's Day and the latter part of the month. Catal
Kohl’s June Comp Store Sales Down 2.4%
Kohl's Corporation reported that sales for the five week fiscal period ended July 5, 2003 increased 10.7% over the five week fiscal period ended July 6, 2002. On a comparable store basis, sales decreased 2.4%…
Target Corp June Comps Inch Up; Mervyn’s Continues Drag
Target Corporation reported that its net retail sales for the five weeks ended July 5, 2003 increased 7.9% to $4.135 billion from $3.833 billion for the five-week period ended July 6, 2002. Comparable-store sales increased 0.8% from fiscal June 2002. Tar
Nordstrom June Comp Store Sales Increase 1.9%
Nordstrom, Inc. reported preliminary sales of $655.7 million for the five-week period ending July 5, 2003, an increase of 6.4 percent compared to sales of $616.0 million for the five-week period ending July 6, 2002. Same-store sales increased 1.9%…
TJX Lowers Q2 Guidance as June Comps Increase 2.0%
The TJX Companies, Inc. reported June 2003 sales results. Sales for the five-week period ended July 5, 2003, were $1,183 million, up 10% over $1,073 million achieved during the five-week period ended July 6, 2002. Consolidated comparable store sales for t