FINL Pulls Away in the Mall…

As reported here in SEW 0323, The Finish Line saw fiscal Q1 comp stores sales jump 14% on top of the 3% increase in the year-ago period. In a conference call with analysts following the first quarter financials release, it appears that the mid-teens tren

TSA Files Workforce Termination Plan…

The Sports Authority has filed papers twice in the last few weeks with the Florida state Agency for Workforce Innovation outlining their plans for workforce terminations at their Lauderdale Lakes facility. The filings indicate that close to 500 people wi

Footstar is Looking for a Bit of the Nike Magic

Footstar is Looking for a Bit of the Nike Magic that is driving much of the Finish Line growth to rub off on its Athletic Division after reporting that comparable store sales for the company’s second quarter ended June 28, 2003 declined 2.2%. The athleti

Galyan’s Saw Shares Fall 18%

Galyan’s Saw Shares Fall 18% for the Week to close at $11.49 on Friday after the retailer warned on Wednesday that second quarter earnings would suffer from comp store sales that are now seen in the –8% to –10% range. The street jumped on the news with n

Shoe Carnival Shares Were Off 5.8%

Shoe Carnival Shares Were Off 5.8% after the retailer warned that lower traffic in the stores would push sales lower than expected for the second quarter and warned that earnings are now expected to be in the range of 10 cents to 13 cents per diluted shar

Nautica Sees Fiscal Q1 Profit on 10.6% Sales Increase

Nautica reported net sales for the first quarter ended May 31, 2003 increased 10.6% to $139.2 million compared with $125.9 million in the first quarter last year. Sales in the wholesale segment grew 12.4% to $107.1 million compared with $95.3 million in t

Payless Announces $200 Million Note Offering

Payless ShoeSource is proposing to offer $200 million of senior subordinated notes due 2013. Payless intends to use the proceeds of the offering, net of all fees and expenses, together with available cash, to repay all its existing indebtedness under the

Bon-Ton Same Store Comps Inch Up

The Bon-Ton Stores, Inc. announced comparable store sales for the five weeks ended July 5, 2003 increased 1.1%. Total sales for the month increased 0.5% to $63.2 million versus $62.9 million reported for the same period last year…

Goody’s Same Store Sales Pull Up

Goody's Family Clothing, Inc. reported total sales of $105.7 million for the fiscal month of June 2003 (the five weeks ended July 5, 2003), an increase of 2.9% over total sales of $102.7 million for the fiscal month of June 2002 (the five weeks ended

Stage Stores June Comps Off 3.1%

Stage Stores Inc. reported that comparable store sales decreased 3.1%. Last year's comparable store sales for the same period increased 8.9%. Total sales increased 0.8% to $72.2 million from $71.6 million in the prior year period…

Gottschalks Comps Slip 1.2%

Gottschalks Inc. announced that June 2003 same store sales decreased 1.2% from the prior year. Total sales decreased 4.9% to $59.9 million from $62.9 million in June 2002. During the month the Company operated eight fewer stores than in the same period

ShopKo June Same Store Sales off 1.5%

ShopKo Stores, Inc. reported consolidated sales for the five weeks ended July 5, 2003 decreased 1.7 percent to $295.9 million from $300.9 million during the same period last year. Consolidated comparable store sales decreased 1.5 percent…

Payless June Comps Fall 9.1%

Payless ShoeSource, Inc. reported that same-store sales decreased 9.1 % for June. Company sales totaled $291.3 million, an 8.4 % decrease from $318.0 million during fiscal June of last year…

Neiman Direct June Surge Pushes Comps Up 10.3%

The Neiman Marcus Group, Inc. announced in the five-week June period, comparable revenues in the Specialty Retail Stores segment increased 6.1 %. Stores in the Northeast and West had the strongest sales results for the month. Comparable revenues at Neiman

Ross Stores June Comps Off 2.0%

Ross Stores, Inc. reported sales of $367 million for the five weeks ended July 5, 2003, an 8% increase above the $340 million in sales for the five weeks ended July 6, 2002. Comparable store sales for the month of June declined 2% versus a 12% gain in th