Thomas J. Ryan | Page 1020 | SGB Media Online

Bon-Ton’s Comps Decrease 5.1% in August

September 3, 2009 SGB Executive SGB Update

The Bon-Ton Stores reported comparable store sales for the four weeks ended August 29 decreased 5.1% compared with the prior year period. Total sales for the four weeks decreased 4.8% to $197.0 million compared with $207.1 million for the prior year perio

Stein Mart’s August Comps Fall 8.9%

September 3, 2009 SGB Executive SGB Update

Stein Mart, Inc. reported comparable-store sales fell 8.9% in August while total sales declined 12.3% to $76.1 million from $86.8 million…

Macy’s Same-Store Sales Down 8.1% in August

September 3, 2009 SGB Executive SGB Update

Macy’s, Inc. reported total sales of $1.543 billion for the four weeks ended Aug. 29, 2009, a decrease of 8.5% compared with total sales of $1.686 billion in the year-ago period. On a same-store basis, sales were down 8.1%…

TJX’s August Comps Climb 5%

September 3, 2009 SGB Update

The TJX Cos., Inc., the parent of TJ Maxx and Marshalls, reported sales during August reached $1.6 billion, up 6% over the $1.5 billion achieved in the same month a year ago. Consolidated comparable store sales increased 5%…

Nordstrom Reports August Comps Slide 7.6%

September 3, 2009 SGB Update

Nordstrom, Inc. reported a 7.6% decrease in same-store sales for the four-week period ended August 29. Total sales were $541 million for August 2009, a decrease of 3.0% compared with $558 million for the same period in fiscal 2008…

Saks Comps Tumble 19.6% in August

September 3, 2009 SGB Update

Saks Inc. reported an 18.2% decline in sales during August, to $160.8 million from $196.4 million a year earlier. Comps decreased 19.6% for the month…

Ross Stores Boasts August Same Store Sales Gain of 6%

September 3, 2009 SGB Update

Ross Stores, Inc. reported that sales for the four weeks ended August 29, increased 11% to $557 million from $504 million a year ago. Same store sales for the month rose 6% on top of a 3% gain last year…

Neiman Marcus’s August Comps Tumble 16.6%

September 3, 2009 SGB Update

Neiman Marcus, Inc. reported August sales fell 15.3% to $241 million from $285 million a year ago as comps plunged 16.6%. Comps in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, decreased 19.6%…

A Younger Kevin Plank to Appear in Under Armour Campaign

September 3, 2009 SGB Update

Under Armour will be debuting its “Under Armour is Football” advertising campaign this coming weekend in spots that will include Founder and CEO Kevin Plank making a cameo appearance from his days playing youth football…

CEO Out at Birkenstock USA

September 3, 2009 SGB Update

Birkenstock said that Dan Bazinet, CEO of Birkenstock USA, has left the company to pursue new opportunities. He had only assumed the position in September 2008. Jay McGregor has also joined the company as VP of sales and marketing in the U.S…

Quiksilver Posts Steep Profit Drop on 11.1% Sales Decline

September 3, 2009 SGB Update

Quiksilver, Inc. reported that its profit from continuing operations fell 88.8% in its third quarter ended July 31, to $3.7 million, or 3 cents share, from $33.1 million, or 25 cents, a year ago. Revenues dropped 11.2% to $501.4 million from $564.9 millio

SGMA: Outside Factors Impacting Team Participation

September 3, 2009 SGB Update

The popularity of traditional team sports in the U.S. is being undermined by four key issues: the struggling U.S. economy, the emergence of developing sports, overall declines in “pickup” play, and a rising interest in single-sport specialization. That co