Umbro said its U.S. business has underperformed significantly in 2006 due to weakness at Foot Locker. Overall, sales in the U.S. were down 63.1%…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Gottchalks reports 3.6% February Comp Decline
Gottschalks Inc. announced that same store sales for the month of February 2007 decreased 3.6% compared to the prior year. Total sales for the month decreased 3.8% to $42.6 million from $44.3 million in February 2006. The company operated three fewer stor
Bon Ton’s February Comps Jump 14.6%
The Bon-Ton Stores, Inc.'s sales for the four weeks ended March 3 increased 229%, to $237.6 million, compared to $72.2 million for the prior year period. February sales include $153.4 million from Carson's and Parisian stores acquired in 2006. B
Dillard’s February Same-Store Sales Tumble 9%
Dillard's, Inc. announced today that sales for the four weeks ended March 3, 2007 were $594,105,000 compared to sales for the four weeks ended February 25, 2006 of $644,349,000. Total sales decreased 8% for the four-week period. Sales in comparable s
Federeted’s February Comps Increase 2%
Federated Department Stores, Inc. reported total sales of $1.802 billion for the four weeks ended March 3, essentially flat compared to total sales of $1.800 billion in the same period last year. On a same-store basis, Federated's sales for February
TJX’s February Comps Rise 2%
The TJX Companies, Inc. reported February sales reached $1.2 billion, up 6% over the $1.1 billion the prior year. Comparable store sales increased 2% over last year…
Kohl’s Sees 4.4% February Comp Gain
Kohl's Corporation reported February sales for the four-week period ended March 3, 2007 increased 12.8% over the prior year. On a comparable store basis, sales increased 4.4%…
Saks’ February Comps Leap 24.7%
Saks Inc. said total February sales increased 26.5% to 220 million from $173.9 million a year ago. Comparable store sales increased 24.7%…
Foot Locker Q4 Net Rises 17.7% Despite Decline in Comps
Foot Locker Inc. reported net income rose 17.7% to $113 million, or 72 cents a share, from $96 million, or 61 cents, a year ago, helped by special items. Sales increased 5.6% to $1.65 billion from $1.56 billion, reflecting an additional week in the curren
Ashworth Names New CFO
Ashworth, Inc. said Eric Hohl has been appointed executive vice president, chief financial officer and treasurer, effective March 19. In this role, Hohl will be a key member of Ashworth's executive management team with responsibility for all finance
Payless ShoeSource Returns to the Black
Payless ShoeSource, Inc. reported earnings of $24.6 million, or 37 cents a share, rebounding from a net loss $5.6 million a year ago…
ispo Russia winter 07 Draws 4,311 Trade Visitors
In its final tally, ispo Russia winter 07 market drew a total of 4,311 trade visitors and 1,348 “opinion leaders…
New Balance Donates $100,000 to Athlete Mentoring Program
The New Balance Foundation has donated $100,000 to The National Football Foundation & College Hall of Fame (NFF) to support four New England high schools enrolled in Play It Smart program. The mentoring program has worked to change the lives of thousands
Nike Donates $175000 to Partner with Special Olympics Oregon
Nike has donated $175,000 to Partner with Special Olympics Oregon in creating “NikeGO Special Olympics Oregon Youth Games. The first-of-its-kind event will bring more than 500 special athletes to the Nike campus for one-day events in May and October, 2007
Franklin Sports to Cover Tab for Early SGMA Spring Market Registrees
Franklin Sports has agreed to pick up the tab for all attendees of the SGMA Spring Market registering through March 31. The registration fee costs $50…