American Apparel reported sales climbed 24% for the first quarter ended March 31, to $73.5 million from $59.3 million. Same-store sales rose 17%. Pro-forma adjusted EBITDA increased 64%…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Kobe Bryant Top NBA’s Most Popular Jerseys
The Los Angeles Lakers’ Kobe Bryant has the most popular jersey in the NBA this season based on sales at the NBA Store in New York City and NBAStore.com. Bryant regained the lead from the Miami Heat’s Dwyane Wade, ranked No. 2 this year, who held the top
Founder David Whelan Sells JJB Stake
Dave Whelan, founder of JJB Sports PLC, has sold his family's entire 28.96 percent stake in the UK sports retailer and quit the board. The stake was sold to a joint venture formed by Icelandic financial group Exista and Chris Ronnie, who was previous
NSGA Sees 3% Growth in Sporting Goods in ’07
The NSGA said retail sales of sporting goods (footwear, clothing and equipment), which reached a record $52.1 billion in 2006, are expected to grow 3% in 2007. For 2007, sporting goods sales are forecast to increase to $53.7 billion…
Dreams Inc. Gains Bank Deal
Dreams, Inc., a licensed sports collectibles and memorabilia business, has entered into an $18 million loan and security agreement with Comerica Bank that will improve the liquidity and working capital structure for its newly AMEX-listed company…
Football Legend Archie Griffin to Speak at The Athlete’s Foot’s Convention
Football Legend Archie Griffin is the keynote speaker for The Athlete's Foot Global Franchise Convention, being held at the Venetian Hotel in Las Vegas during the SGMA Spring Market. A former owner of numerous Athlete’s Foot franchises, Griffin is kn
Canadian Action Sports chain, West 49, Widens Losses
West 49 Inc., which operates action sports stores in Canada, reported first quarter sales increased 15.5% to $41 million (U.S. $39 million) from $35.5 million (U.S. $33 million). However, net losses expanded to $3.2 million (U.S. $3 million) from $1.8 mil
Nordstrom Same-Store Sales Increase 6.3%
Nordstrom, Inc. reported sales rose 6.1% for the four-week period ending June 2, to $637.8 million from $600.9 million. Same-store sales increased 6.3%…
Dillard’s, Inc. Sees 2% Drop in May Comps
Dillard's, Inc. reported sales dropped 1% for the four weeks ended June 2, to $527.9 million from $533.5 million. Sales in comparable stores decreased 2%…
J.C. Penney’s May Comps Sink 2%
J. C. Penney Company, Inc. reported department store sales increased 0.3% for the four weeks ended June 2. Comparable department store sales decreased 2%, compared to initial guidance for sales to be flat, and an 11.1% increase last year. The best perform
BJ’s Wholesale Club Reports 4.1% May Comp Increase
BJ's Wholesale Club, Inc. reported that sales for May increased by 8.2% to $711 million from $657.4 million in May 2006. On a comparable club basis, sales increased by 4.1%, including a contribution from sales of gasoline of 1% and a negative impact
Target’s Comps Jump 5.8% in May
Target Corp reported that sales for the four weeks ended June 2 increased 10.1% to $4.33 billion from $3.93 billion a year ago. On this same basis, comparable-store sales increased 5.8 percent. In the 2006 May period, comps grew 5.7%…
Kohl’s Reports May Comp Hike of 10.5%
Kohl's Corp reported sales for the four-week period ended June 2, increased 18.5%, to $1.19 billion from $1 billion. On a comparable store basis, sales increased 10.5%…
Federated’s Comps Slide 3.3% in May
Macy’s, Inc. reported total sales during May decreased 2.3% to $1.98 billion from $2.024 billion a year ago. On a same-store basis, Macy’s, Inc. sales were down 3.3% in May…
Bon-Ton Posts 1.2% Comp Gain
The Bon-Ton Stores, Inc. announced total sales for the four weeks ended June 2 increased 1%, to $234.7 million from $232.3 million for the prior year period. Bon-Ton and Carson’s combined comparable store sales for the four weeks increased 1.2%…
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