Nordstrom, Inc. reported March sales declined 6.7% to $750 million for $803 million a year ago. Comps decreased 9.1%…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Kohl’s Posts 15.5% Comp Decline
Kohl’s Corp reported sales for the five-week period ended April 5, decreased 7.9%. On a comparable store basis, sales decreased 15.5%. For the nine weeks, total sales decreased 3.2% and comparable store sales decreased 11.1%…
JCPenney Sees 12.3% Comp Drop
J. C. Penney Company, Inc. reported comparable store sales decreased 12.3% for the five weeks ended April 5, consistent with its most recent guidance. This compares with an 11.0% increase in last year’s period. Total sales in March decreased 10.3% to $ 1.
Saks March Same-Store Sales Fall 2.9%
Saks Inc. said its same-store sales fell 2.9% in March. The luxury retailer said its total sales for the five weeks ended April 5 fell 3% to $276.2 million, from $284.4 million in the prior-year period…
Man Alive Hires VP and GMM
The Finish Line, Inc. announced that Ernest Brown has been appointed VP and GMM of its Man Alive division. In this role, Brown will be responsible for all product lines, men's and women's apparel and accessories for Man Alive stores and will rep
Nike Extends Sponsorship of U.S. Olympic, Paralympic Teams
Nike announced it will extend its relationship with the U.S. Olympic Committee as an Official Outfitter of the U.S. Olympic and Paralympic Teams through the London 2012 Olympic Games. As an Official Outfitter, Nike will provide U.S. Olympic and Paralympic
EU Court: Two-stripe Imitations Could Infringe on Adidas Logo
European Union's highest court ruled Thursday that it is up to national authorities to determine whether clothing with designs similar to Adidas' three stripes infringes on the German company's trademark. Adidas had sued several companies i
Adio Names Footwear Marketing Manager
Earth Products veteran Scott Desiderio has taken the reigns as the marketing manager for Adio footwear. This comes on the heels of the departure of former VP of marketing Jeff Taylor, who is leaving to pursue other opportunities…
Everlast Forms Mixed Martial Arts Initiative
Everlast Worldwide Inc. has partnered with Randy “The Natural” Couture with a long term exclusive contract. This long-term partnership marks the commitment of Everlast to become the premiere brand in the fastest growing sport of Mixed Martial Arts…
Sunny’s Surplus Closes Remaining Stores
Sunny’s Surplus closed its last three stores. Sunny’s Great Outdoors filed for bankruptcy protection in January 2007, then liquidated merchandise and closed all locations. Three stores in Annapolis, Frederick and Westminster reopened in the fall under the
Zumiez Reports 3% Comp Decline
Zumiez Inc. reported sales for the five-weeks ended April 5 increased 11.3% to $31.5 million, compared to $28.3 million a year ago. Comps declined 3% versus a 17% gain a year ago…
Louisville Slugger Moves Bat Manufacturing to China
Hillerich & Bradsby, the maker of Louisville Slugger, is shutting down its manufacturing facility in Ontario, CA, and moving the operations to China, according to a report in the Courier-Journal of Louisville. The Ontario plant, which made aluminum and co
Wilson Continues Breast Cancer Sponsorship
Wilson Sporting Goods Co. recently extended its global partnership with the Breast Cancer Research Foundation (BCRF). When the partnership began in 1998, Wilson donated a portion of the proceeds from the sales of all its women’s sporting goods products to
Primo Sports Launches Sports Equipment Company
Primo Sport, Inc., the creators of Neverflat ball technology, announced plans to launch their own sporting goods company. Primo Sport will design, manufacture and sell a range of sports products that apply the latest materials science know-how to sports e
Report:: Burton Lays Off 30
Burton Snowboards reportedly let go of approximately 30 employees company wide, according to a report on the website of Transworld Business. Sources told the trade magazine that the company has eliminated The Syndicate staff on the West Coast, as well as
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