Continuing demand and strong sales growth for the company’s products has encouraged Hardy & Greys Ltd to set up their second international subsidiary after the successful launch of the Hardy & Greys GmbH in 2007. This new subsidiary company, based in Lanc
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Volcom Names Woolcott Chairman
Volcom, Inc. has elected Richard R. Woolcott as chairman of the board of directors. Meanwhile, Jason W. Steris, COO, will add the the duties of president to his role. Richard Woolcott, who remains chief executive officer, succeeds René R. Woolcott as chai
The Buckle Posts Another Impressive Month in May
The Buckle, Inc. saw comparable store sales jump 34.7% for fiscal May. Net sales for the four-week fiscal month ended May 31, 2008 increased 44.1% to $50.8 million from net sales of $35.3 million for the prior year period…
Stage Stores May Comps Inch Up 0.1%
Stage Stores, Inc. saw May comps inch up 0.1% after growth of 1.7% for the year-ago month. Net sales for the period ended May 31, 2008 increased 5.1% to $122.6 million from $116.6 million in the prior year. The company stated that its cosmetics, childrens
Costco Reports 9% May Comps Rise
Costco Wholesale Corporation reported net sales of $5.77 billion for the month of May, the four weeks ended June 1, 2008, an increase of 12% from $5.14 billion in the same four-week period last year. Comparable store sales grew 9% overall for the month, w
Stein Mart Posts 12.4% Drop in May Comps
Stein Mart, Inc. reported a 12.4% decline in May comps as net sales decreased 8.8% to $108.4 million from $118.9 million last year. For the year-to-date period, comparable store sales decreased 10.1% on a 7.0% decrease in net sales to $460.5 million from
Wilson Extends AVP Deal Through 2012 Season
Wilson Sporting Goods Co. has extended its sponsorship with AVP, Inc.. Wilson will continue to be the “official game ball” of the AVP – for both indoor and outdoor games. The long-term deal extends through the 2012 season of the AVP Crocs Tour…
BJ’s May Comps Rise 13.4% on Gas Boost
BJ’s Wholesale Club, Inc. saw net sales increase by 15.9% to $824.3 million from $711.0 million in May 2007. On a comparable club basis, sales for May 2008 increased by 13.4%, including a contribution from sales of gasoline worth 6.6%…
TJX Comps Increase 2% in May
The TJX Companies, Inc. reported a 6% rise in net sales for the month of May to $1.45 billion from $1.37 billion last year. For the year-to-date period, sales reached $5.9 billion, up 6% over the $5.5 billion achieved during the year-ago period. Consolida
Vail Resorts Reports 5.5% Rise in Mountain Revenue
Vail Resorts, Inc. reported that Mountain revenue increased $17.0 million, or 5.5%, in the third quarter of fiscal 2008 to $325.7 million from $308.7 million for the same quarter last fiscal year. Mountain operating expense increased $4.8 million, or 3.1%
Target May Comps Slip 0.7%
Target Corporation net sales increased 5.5% in May to $4.564 million from $4,325 million for the four weeks ended June 2, 2007. On this same basis, May comparable store sales decreased 0.7%…
J.C. Penney Reports 4.4% Decline in May Comps
J. C. Penney Company, Inc. reported a 4.4% decrease in comparable store sales for fiscal May, which was in line with guidance for sales to decrease mid-single digits and compared to a 0.9% decrease last year. Total sales in May decreased 2.4% to $1.34 bil
Kohl’s Sees 7.2% Drop in May Comps
Kohl’s Corporation saw net sales increase 1.2% to $1.21 billion from $1.19 billion last year. On a comparable store basis, sales decreased 7.2%. For the 17 weeks ended May 31, 2008, total sales were up 1.4%, but were down 6.8% on a comparable store basis.
Ross Stores Report 7% May Comps Increase
Ross Stores, Inc. recorded a 7% rise in same store sales for fiscal May. Net sales increased 14% for the period to $513 million from $450 million last year. For the year-to-date period, sales totaled $2.07 billion, an 11% increase over the $1.86 billion i
Saks May Comps Slide 8.7%
Saks Incorporated net sales declined 8.7% to $227.2 million for the month of May from $248.9 million last year. Comparable store sales decreased 8.7% for the period…
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