Ski Market Begins GOB Sales

Ski Market started going out of business sales on Saturday. In a bankruptcy auction in Boston held Feb. 5, Gordon Brothers Retail Partners LLC won the right to liquidate Ski Market's remaining seven stores…

Timberland’s Q4 Earnings Soar Despite Flat Sales

The Timberland Company reported fourth-quarter earnings vaulted 69.4% to $22.3 million, or 40 cents a share, from $13.1 million, or 23 cents, a year ago. Revenue eased 0.7% to $387.8 million from $390.6 million a year ago and were down 3.9% on a constant

Macy’s January Comps Climb 3.4%

Macy's Inc. reported January same-store sales rose 3.4%. Total sales also rose 3.4%, to $1.26 billion. Macy's also said it's raising its fourth-quarter earnings target to $1.35 to $1.37 a share, excluding restructuring-related costs. The co

Bon-Ton’s January Comps Climb 5.3%

The Bon-Ton Stores, Inc. reported comparable store sales increased 5.3% for the four weeks ended Jan. 30, 2010. Total sales for the four weeks increased 4.7% to $180.1 million compared with $172.0 million for the prior year period…

Costco Sees 8% January Comp Growth

Costco Wholesale Corp reported net sales of $5.62 billion for the month of January, an increase of 10% from $5.09 billion in the same four-week period last year. Comps grew 8% with gains of 4% in the U.S. and 25% internationally…

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