Nordstrom’s Comps Surge 14%

Nordstrom, Inc. reported a 14.0% increase in same-store sales for January. Total retail sales of $543 million for January 2010 increased 15.8% compared with $468 million for the same period in fiscal 2008…

Saks Sees 7% January Comp Increase

Saks Inc. reported owned sales totaled $158.9 million for the four weeks ended Jan. 30, 2010 compared to $147.1 million a year ago, an 8.0% increase. Comparable store sales increased 7.0% for the month…

J.C. Penney Sees 4.6% January Comp Decline

J.C. Penney Company, Inc.'s comparable store sales decreased 4.6% for the four-week period ended Jan. 30, which was better than the company's guidance for sales to decrease 5% to 8%. In last year's January period, comparable store sales dec

TJX’s January Comps Jump 12%, Raises Guidance

The TJX Companies, Inc. reported sales for the four-week period ended Jan. 30, 2010 climbed 20% to $1.3 billion from $1.0 billion a year ago. Consolidated comparable store sales increased 12% versus a 4% decrease in the same period last year…

Point6 Appoints Bill Post as President

Point6, the manufacturer of wool socks, plans to appoint Bill Post as its new president, effective March 1, 2010. Post most recently served as president and CEO of Nordica Apparel, and also served as president for Sport Obermeyer in Colorado…

Bakers Footwear Comps Inch Up 0.8%

Bakers Footwear Group, Inc. said net sales in January were unchanged at $11.9 million compared to the same period last year. Comparable store sales increased 0.8%, compared to an increase of 4.2% for the four-week period ended January 31, 2009…

Spyder Promotes Joe Vernachio to COO

Joe Vernachio has been promoted to Spyder's chief operating officer post and immediately assumes responsibility for all Spyder operations. Vernachio previously held positions as executive vice president of product and VP of development and production

Unifi Returns to Profitability

Unifi Inc. earned $2.0 million, or 3 cents a share, in the second fiscal quarter ended Dec. 27, 2009, rebounding from a net loss of $9.1 million or 15 cents, for the prior year quarter. Net sales for the quarter increased $16.5 million or 13.1% to $142.3

Lafuma Creates Mountain Division, Eyes U.S. Growth

The Lafuma Group in Europe has created a new 'Mountain Division' since the acquisition of Eider and Killy. The division which includes Eider, Killy and Millet will share sourcing, logistics, customer support as well as credit services…

China Protests EU Tariffs

China filed a complaint against European Union shoe tariffs at the World Trade Organization as Beijing continued its legal assault on what it says is unfair Western protectionism. Europe has grown increasingly concerned about China's balance of trade

Costco Names President

Costco Wholesale Corp. named Craig Jelinek president and chief operating officer, effectively immediately. Jelinek, who will join the board, was previously executive vice president in charge of merchandising, a position he held since 2004…