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%…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
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…
Stride Rite CEO To Retire in 2007
The Stride Rite Corp, the owner of Saucony, Hind and Keds, announced that long-time CEO, David Chamberlain plans to retire in 2007 from his position as CEO. Chamberlain, 63, will continue to serve as chairman and CEO until a replacement has taken office,
Nike Launches College Basketball Uniforms
Nike launched the new System of Dress basketball uniforms this week at men's basketball conference tournaments around the country. Ohio State, Arizona, Syracuse and Florida are expected to sport the new look at their respective conference tournaments
Fleet Feet Boasts 17.5% Comp Gain in 2006
Fleet Feet, Inc. recorded a 19.9% growth in sales in 2006 with 70 stores, surpassing $63 million in revenue compared to $52 million in 2005. Comparative store were up 17.5% on top of the 16.1% increase posted in 2005. It expects to add 12 new stores this
Russell Corp. to Close Alexander City Plant
Russell Corp. plans to close a plant in Alexander City, AL. More than 400 workers at a plant learned last week that they will be losing their jobs when the plant closes later in the year. Some of the 425 employees will be let go as early as March 12 and a
NBA’s On-Site Sales at All-Star Game Sets Record
The NBA said that on-site retail merchandise sales during All-Star 2007 in Las Vegas increased by 54 percent versus the prior sales record set in Los Angeles in 2004…
Nike Names CFO for Affiliate Brands Group
Nike, Inc. said Greg Dinges has joined the company as VP, Nike, Inc. corporate development, and CFO of the company's Affiliate Brands Group. Dinges joins the company from PepsiCo, where he most recently was VP of corporate strategy and development…
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