Wal-Mart Comps Climb 2.0% in May

Wal-Mart Stores, Inc. reported net sales for the month
ending May 26, 2006, increased to $16.90 billion compared to $15.70 billion last year, a 7.7% increase. Comps for the month increased 2.0%…

Dillard’s May Comps Climb 3%

Dillard's, Inc. sales for the month ended May 27, 2006 were $534.3 million compared to sales for the four weeks ended May 28, 2005 of $519.0 million. Sales increased 3% for the four-week period in both total and comparable stores…

TJX Companies’ Comps Jump 4% in May

The TJX Companies, Inc. sales for the month ended May 27, 2006, were $1.3 billion, up 9% over the $1.2 billion achieved during the four-week period ended May 28, 2005. For the 17 weeks ended May 27, 2006, sales reached $5.2 billion, a 7% increase over las

Target May Comps Jump 5.7%

Target Corporation's net retail sales for the four weeks ended May 27, 2006 increased 12.3%to $3.929 billion from $3.500 billion for the four-week period ended May 28, 2005. On this same basis, comparable-store sales increased 5.7% from fiscal May 20

Saks May Comps Climb 1.1%

Saks Incorporated for the month ended May 27, 2006, total Company comparable store sales increased 1.1% and total sales decreased 44.9%. By segment, comparable store sales increased 2.2% for SDSG and increased 0.8% for SFAE for the month…

SGMA Participation Report Highlights Recreation Growth

Whether it’s for fitness or just for fun in the outdoor sun, millions of Americans are spending their free time engaged in some type of sport, fitness activity, or athletic/recreational endeavor. According to the Sporting Goods Manufacturers Association

K2 Sports Acquires LINE and Karhu

K2 Sports acquired the Line ski business and the exclusive rights to the Karhu North American Nordic and Telemark brand from Burlington, Vermont-based Trak Sports USA, Inc. The majority of Karhu and Line’s operations will relocate to the K2 Sports headqua

Everlast Inks Licensing Deal with Jacques Moret

Everlast Worldwide Inc. has signed a new agreement with its largest licensee, Jacques Moret, Inc. of New York City. Effective immediately, this new agreement grants Moret, a major supplier to the U.S. apparel market, a license for Everlast boys', gir

Merrell Wins Drapers ‘Best of’ Award

Wolverine World Wide, Inc.'s Merrell footwear brand received the Drapers Record Footwear “Brand of the Year” award on May 17 at a special ceremony held in London. Each year, Drapers Record recognizes top retailers, designers and manufacturers for exc

Gander Finalizes New Store Opening Locations

Gander Mountain Company announced three additional new outdoor lifestyle specialty stores to open in the fall of 2006. The company previously announced two openings for the fall. These additional stores will complete the company's plan to open eight

Gander’s Loss Widens on Double-Digit Comp Decline

Gander Mountain Company first quarter sales increased 15% to $155.6 million compared to the first quarter of fiscal 2005. Comparable store sales decreased 10.4%. The company reported a loss for the first quarter of fiscal 2006 of $23.0 million for both pr

Nicholson Takes Over at OR and FFR

VNU Sports Group appointed Marisa Nicholson to the post of national sales manager for the Outdoor Retailer and FlyFishing Retailer trade shows. Nicholson, previously a senior account executive for the Outdoor Group, takes over for Andy Tompkins, who was r

PHIT Legislation Could Provide Fitness Incentives

The SGMA sees great opportunity in a bill introduced by Congressman Jerry Weller (R-IL). Personal Health Investment Today (HR 5479) – known as PHIT – provides financial incentives for Americans to play sports, workout, and be physically active…