Thomas J. Ryan | Page 1256 | SGB Media Online

Canadian Action Sports chain, West 49, Widens Losses

June 8, 2007 SGB Update

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%

June 7, 2007 SGB Update

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

June 7, 2007 SGB Update

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%

June 7, 2007 SGB Update

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

June 7, 2007 SGB Update

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

June 7, 2007 SGB Update

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%

June 7, 2007 SGB Update

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

June 7, 2007 SGB Update

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

June 7, 2007 SGB Update

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%…

Saks May Comps Catapult 39.4%

June 7, 2007 SGB Update

Saks Inc. announced sales totaled $248.9 million for the four weeks ended June 2, compared to $178.5 million for the four weeks ended May 27, 2006, a 39.4% increase. Comparable store sales increased 37.5% for the four-week period…

Neiman Marcus’s Comps Climb 6.6% in May

June 7, 2007 SGB Update

Neiman Marcus, Inc. reported revenues in May rose 9.2% to $307 million from $281 million, with comparable stores ahead 6.6%…

Mountain Equipment Co-op Hires Communications/Marketing Mgr

June 7, 2007 SGB Update

Mountain Equipment Co-op (MEC) has hired Nathalie Baudoin as Senior Manager of Communications and Marketing. Peter Robinson, chief executive officer, said the appointment follows a year-long search, within and outside Canada, to find an executive to lead