Dillard’s, Inc. saw net sales for fiscal March decline 8.5% to $621.7 million from $679.6 million the year before. The company noted that the 2008 five-week period contained one less shopping day than the 2007 period due to the shift of the Easter holiday
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Neiman-Marcus Recors Slight Rise in March Comps
Neiman Marcus, Inc. reported comparable store sales rose 0.4% to $425 million for fiscal March. Overall net sales increased 1.8% to $430 million for the month from $423 million last year. In the five-week March period, comparable revenues in the Specialty
Ross Comps Decrease 2% for March
Ross Stores, Inc. saw net sales for March increase 6% to $633 million from $599 million last year. Comparable store sales for the month declined 2% on top of a 6% gain in March 2007…
Brown Shoe to Move Madison HQ to St. Louis
Brown Shoe Company, Inc. plans to join together employees from its Madison, Wis.-based Retail and St. Louis-based divisions to create a more connected footwear company, headquartered in St. Louis. All of the approximately 270 Madison-based employees will
NSGA: Volleyball Only Team Sport to Grow in 2007
According to the National Sporting Goods Association, exercise walking remained the most popular sport in 2007 in terms of participation as it grew 2.7%, a position it has held since 1990. Data contained in NSGA’s annual “Sports Participation – Series I a
NeverFlat Creators to Launch Own Company
The newly-established Primo Sport, Inc., based in Newark, Del., creators of the technology behind Spalding's Neverflat basketball, have announced plans to launch their own sporting goods company. Primo Sport will design, manufacture and sell a range
NRF: Online Sales to Grow 17% in 2008
In a year where retail industry sales are expected to experience sluggish growth, Americans will continue to flock to the Internet, according to The State of Retailing Online 2008. The survey of 125 retailers suggests online retail will continue to be a b
OIA Delivers Letter of Support for NLCS
Outdoor Industry Association and American Hiking Society have delivered a letter to Congress from 60 member companies announcing unified support of the Bureau of Land Management’s National Landscape Conservation System. The U.S. House of Representatives i
Yue Yuen First Quarter Sales Jump 20.2%
Yue Yuen Industrial Holdings Limited reported that consolidated net sales for the first quarter of fiscal 2008 ending December 31, 2007 increased 20.2% to $1.15 billion, while net income increased 7.9% to $105.0 million. Sales to the U.S. increased 3.5% t
Shock Doctor Acquired by Norwest Equity Partners
Norwest Equity Partners, a private equity firm focused on investments in growing and profitable middle market companies, has acquired Shock Doctor, Inc. Prior to the NEP acquisition, Shock Doctor was a portfolio company of Minneapolis private equity firm
Sport Chalet Expects Q4, Fiscal Year Loss
Sport Chalet, Inc. reported that it expects fourth quarter net sales to decrease slightly to $97.0 million from $97.8 million for the same period last year. Comparable store sales are expected to decline approximately 9.0% for the quarter. In addition, th
West Marine Faces NASDAQ Delisting for Delayed Annual Report
West Marine, Inc. has received a staff determination notice from The NASDAQ Global Market, stating that its common stock is subject to delisting. The notice was issued in accordance with standard NASDAQ procedures as a result of the delayed filing of the
lululemon Doubles Q4 Sales; Names Day as Next CEO
lululemon athletica inc. reported net revenue increased 101% to $105.1 million from $52.2 million for the fourth quarter of fiscal 2006. Net income grew to $14.6 million for the quarter from $0.9 million last year. The company plans to end its foray into
Fleet Feet Restructures, Adds to Team
Fleet Feet, Incorporated has added three new members under a new corporate structure. Bryan Mills has been promoted to director of New Franchise Development. Brian Breedlove has joined the team to oversee the financial management, personnel and legal matt
Strike at Nike Footwear Factory in Vietnam
Local reports indicate that over 20,000 Vietnamese workers have gone on strike at a factory that accounts for approximately 4% of Nike's 225 million pairs of shoes produced annually. The workers at Ching Luh plant, in southern Long An province are de
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