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
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
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%…
Saks May Comps Catapult 39.4%
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
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
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
Sports Direct Takes 4.9% Stake in Amer Sports
Britain's biggest sports retailer, Sports Direct Plc said it paid 58.4 million euros ($78.8 million) to take a strategic 4.9% stake in Amer Sports…
Big 5 to Join SandP’s SmallCap 600
Big 5 Sporting Goods Corp will joined Standard & Poor's SmallCap 600. The retailer will replace Kronos Inc., which is being acquired by Hellman & Friedman Capital Partners VI, L.P. in a deal that is still pending final approvals…
Golf Apparel Brands Acquires Sahara Sportswear
Golf Apparel Brands, Inc has acquired Sahara Sportswear. The company's roster already includes La Mode, Clark & Gregory, Fairway Blues, and The Golfer. GABI also is a private label supplier to better clubs and resorts and boasts a logo library of ove
Everlast/Michelen to Launch Boxing Footwear
Everlast Worldwide Inc. has signed a worldwide license agreement with Michelin Lifestyle Limited (MLL) to create a new line of professional boxing footwear using patented tread technology inspired by the Michelin HydroEdge tire. The boxing footwear line w
Zumiez May Comps Grow 11.2%; Finds CFO
Zumiez Inc.'s sales in the four weeks ended June 2 jumped 51.6% to $22.7 million, with comparable stores ahead 11.2%. The action sports retailer also offered Trevor Lang, formerly VP of finance at Carter's Inc., its vacant CFO position…
L.L. Bean Plans Outdoor Theme Park in Freeport
L.L. Bean plans to develop a 700-acre outdoor adventure center in Freeport, with the goal of creating a national recreation destination. The project site is about a mile from its flagship store, and will feature lodging and dining facilities…
Recall: Cannondale Carbon Cranksets
Cannondale said it is recalling about 2,900 bicycles with carbon cranksets due to fall hazard…