BJ's Wholesale Club Inc. on Thursday said August same-store sales rose 15.4% including a contribution from gasoline sales of 7.7%. The discounter said traffic increased 5% and average transaction amount by 2% as sales of food rose 11%…
Author: SGB Media
Neiman Marcus August Comp Sales Remain Flat
Neiman Marcus, Inc. announced that in the four-week August period, comparable revenues in the Specialty Retail Stores segment (which includes Neiman Marcus Stores and Bergdorf Goodman) decreased 0.4%. Revenue growth trends were the strongest in the compan
Ross Sees Slight Increase in Comps
Ross Stores, Inc. today reported sales of $504 million for the four weeks ended Aug. 30, 2008, a 9% increase over the $461 million in sales for the four weeks ended Sept. 1, 2007…
Mountain High Knitwear Acquires K-Swiss Sock License
Hosiery supplier Mountain High Knitwear has acquired the sock license for K-Swiss. The new high-tech performance line targeted for serious athletes in tennis, running and cross-training rolls out Spring 2009…
SIA Announces 08-09 SnowSports Regional Rep of the Year Winners
SnowSports Industries America (SIA) has announced the winners of the 2008-09 SIA SnowSports Regional Rep of the Year Award. In its third year, this award recognizes those sales reps in the snow sports industry that have successfully fostered relationships
Summer Trends Show Shifting Lifestyles, New Priorities
As families struggle with the rising cost of gasoline, the increased cost and inconvenience of summer travel and the much-publicized scare from the effects of BPA in some consumer products, there have also been big benefits this summer for categories and
Quiksilver Finally Sees Light at End of Rossignol Tunnel
Quiksilver, it would appear, has finally found its way out from under the misguided deal it entered into in 2005 to acquire the Rossignol business that also included Cleveland Golf. After making a deal to sell off Cleveland to the parent company of Srixo
Genesco Raises Outlook After Strong Top Line Performance in Second Quarter
Genesco, Inc. had a strong net sales performance in the second quarter as its Journeys concept continues to dominate the fashion athletic footwear category in the mall. The specialty retailer also got a boost from a jump in sales at Hat World and from com
Sport Supply Fiscal Q4 Profits Surge on Lower Catalog Expenses
Sport Supply Group ended the year with a bang as net sales grew in the mid-singles while net income more than doubled. A focus on cutting costs in its catalog business helped to keep overall SG&A in line, while margins expanded through the company’s ongoi
DSW Second Quarter Profit Soars on Improved Merchandise Margins
With tight inventory controls feeding a 44.4% merchandise margin – a 600 basis points improvement over the prior year, DSW Inc. reported Q2 earnings jumped 69%. The margin gain made up for a 6% drop in same-store sales. Occupancy expenses deleveraged 110
Famous Footwear Sees Bright Spot in Athletics in Q2
Although Famous Footwear continues to see encouraging trends in athletics, soft consumer spending led to a decline in store traffic and increased promotional activity as the retail chain showed a 2.9% Q2 comp decline. Earnings came in well below those of
Famous Footwear Sees Bright Spot in Athletics in Q2
Although Famous Footwear continues to see encouraging trends in athletics, soft consumer spending led to a decline in store traffic and increased promotional activity as the retail chain showed a 2.9% Q2 comp decline. Earnings came in well below those of
Collective Licenses Out Airwalk, Vision; Takes PRO-Keds Back
Collective Brands, Inc. had a busy week dealing with brands that build its empire as a pair of its subsidiaries inked new deals. First came word that Collective Licensing had licensed the Airwalk and Vision Streetwear brands out to a subsidiary of Canadia
GSI Commerce Inks 15-year Contract with Dick’s
GSI Commerce Inc. and Dick's Sporting Goods have signed a new 15-year contract. Consistent with DKS' goal of having a seamless multi-channel operation, under the new agreement, the retailer will buy and own the sporting goods inventory sold onli
CFL and Reebok Enter Five-Year Partnership Deal
The Canadian Football League and Reebok Canada announced a new five-year deal in which Reebok will be the exclusive supplier of uniforms and sideline apparel for the league…
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