Thomas J. Ryan | Page 1137 | SGB Media Online

Shoe Carnival Partners with Soles4Souls

August 18, 2008 SGB Update

Soles4Souls has partnered with Shoe Carnival to launch a fundraising and national shoe trade-in program at all 300 Shoe Carnival store locations. The programs will begin on Wednesday, September 3 and will end on Wednesday, September 24…

Escalade Ends Evansville Production

August 18, 2008 SGB Update

Escalade Sports plans to close its last manufacturing operation in Evansville, IN, the company's headquarters, effective September 5. Speaking to the Courier Press, Gary Allan, Escalade's human resources director, said table tennis production wi

Escalade Ends Evansville Production

August 18, 2008 SGB Update

The Buckle’s July Comps Vault 20.9%

August 7, 2008 SGB Executive SGB Update

The Buckle, Inc. said comparable store sales jumped 20.9% for the four-week period ended August 2. Net sales increased 28.7% to $57.0 million from $44.3 million a year ago…

Wal-Mart Reports 3.7% July Comp Gain

August 7, 2008 SGB Executive SGB Update

Same-store sales in the U.S. rose 3.7% at Wal-Mart Stores Inc. Comps rose 3% at the Walmart chain and 7.3% at Sam's Club. Excluding fuel, Sam's Club's comps rose 3%. At Walmart U.S., comps increased in grocery, entertainment and health and

Warnaco’s Swim Profits Jump in Q2

August 7, 2008 SGB Executive SGB Update

Warnaco Group reported revenues in its swimwear group, which includes Speedo and Calvin Klein, rose 1.9% in the second quarter, to $81.7 million from $80.2 million. Operating earnings for the segment reached $7.7 million, well above earnings of $937,000 a

Under Armour Appoints Deering to Board

August 7, 2008 SGB Executive SGB Update

Under Armour, Inc. announced that Anthony “Tony” Deering, former chairman of the board and chief executive officer of The Rouse Company, has joined the company's board of directors. Deering is currently chairman of Exeter Capital, LLC, a private inve

Nordstrom’s Comps Drop 6.1% in July

August 7, 2008 SGB Update

Nordstrom, Inc. reported sales during July declined 6.7% to $840 million from $901 million a year ago.. Same-store sales decreased 6.1%. Preliminary second quarter sales of $2.29 billion decreased 4.3% compared to sales of $2.39 billion during the same pe

Target’s July Comps Rise 1.2%

August 7, 2008 SGB Update

Target Corporation reported that its net retail sales for the four weeks ended August 2, increased 4.7% to $4.56 billion from $4.36 billion. On this same basis, July comparable store sales declined 1.2%…

Kohl’s Same-Store Sales Drop in July

August 7, 2008 SGB Update

Kohl's Corp. said its same-store sales fell 10.4% in July, due to lower inventory of spring and summer merchandise. The company said its sales were affected by lower inventory levels of spring and summer items, which were sold on clearance during the

J.C. Penney’s Comps Drop 6.5%

August 7, 2008 SGB Update

J.C. Penney reported comparable store sales decreased 6.5% for July, compared with the company’s guidance for sales to decrease mid-single digits. In last year’s July period, comparable store sales increased 12%, largely driven by a calendar shift that mo

Finish Line Extends Sole Destination

August 7, 2008 SGB Update

The Finish Line, Inc. announced that it will extend its partnership with Soles4Souls, the international charity dedicated to providing free footwear to those in need, and will continue the national shoe trade-in program, “Sole Destination,” at all 697 Fin