Nordstrom June Comps Increase 2%

Nordstrom, Inc. reported preliminary sales of $851.1 million for the five-week period ending July 7, 2007, an increase of 2.9% compared to sales of $827.0 million for the five-week period ending July 1, 2006. Same-store sales increased 2.0%…

Stein Mart Comps Fall 2.9% in June

Stein Mart, Inc. reported total sales and comparable store sales for the fiscal period(s) ended July 7, 2007. Overall company sales fell 4.9% in June to $127.4 million. Comparable store sales decreased 2.9% for the month…

Wal-Mart June Comps Inch-Up 1.6%

Wal-Mart Stores net sales for the five-week month of June were $22.94 billion compared to $21.412 billion for the same month last year, a 7.1% increase. Comparable store sales were up 1.6% for the five-week period…

J. C. Penney June Comps Decline 1.5%

J. C. Penney Company, Inc. department store sales increased 1.4% for the five weeks ended July 7, 2007. Comparable department store sales decreased 1.5%, in-line with guidance for a low-single digit decline. Last year, comparable department store sales in

West Marine Quarterly Comps Decline 2.9%

West Marine, Inc. reported that comparable store sales for the thirteen weeks ended June 30, 2007 decreased 2.9%. Net sales for the period were $247.8 million, a decrease of 6.3% from net sales of $264.5 million a year ago…

BJ’s Wholesale Club June Comps Climb 5.3%

BJ's Wholesale Club, Inc. net sales for June 2007 increased by 9.8% to $886.8 million from $807.3 million in June 2006. On a comparable club basis, sales increased by 5.3%, including a contribution from sales of gasoline of 1.4% and a negative impact

Yakima Hires Three New Senior Executives

Yakima Products, Inc. expanded its management team with the addition of Ron Ten Berge as vice president of sales and business development, Mark Reis, as chief financial officer and John Hoppes as category business manager. All three will join the business

Liz Claiborne Looking to Divest Brands

According to a report published in the Wall Street Journal, Liz Claiborne is seeking to divest 16 of its 36 brands in an effort to simplify corporate structure and reduce expenses. The company has been suffering from a down-turn in department store sales.

Wolverine Increases Guidance on Strong Q2 Results

Wolverine World Wide, Inc. second quarter 2007 revenue totaled $250.3 million, a 5.0% increase over second quarter 2006 revenue of $238.5 million. Earnings per share for the second quarter of 2007 were 28 cents compared to the 25 cents reported for the se

GoLite Hires New EU General Manager

GoLite hired Mark Flanagan as European General Manager in charge of GoLite’s European apparel and equipment sales. Mr. Flanagan will be based in Britain. Prior to joining GoLite, Mr. Flanagan served for over seven years in senior sales management position

Garmont Acquires Life-Link

Garmont NA has acquired Life-Link Backcountry Travel, designers and developers of backcountry equipment. The terms of the acquisition were not disclosed. Silver Steep Partners served as financial advisor to Life-Link Backcountry Travel…

Kelty Inks Partnership with SylvanSport

Kelty inked a partnership deal with mobile adventure gear manufacturer SylvanSport to head up the tent segment design and construction efforts for SylvanSport’s ultra-light camping trailer and gear hauler. According to Kelty, This partnership was a natura