Stein Mart, Inc.'s January same-store sales slid 2.5%. Total sales were down 4.9% to $63.8 million from $67.1 million…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
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…
Neiman Marcus’ Comps Improve 6.8% in January
Neiman Marcus, Inc. reported same-store sales in January rose 6.8%. Total sales climbed 8.3% to $242 million from $223 million…
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
Sport Chalet Collects Nearly 1MM Pairs of Shoes for Haiti Relief Effort
Soles4Souls, the shoe charity organization, said Sport Chalet has collected more than 950,000 pairs of shoes for Haiti Relief in two weeks since the program was launched. From January 14 through January 31, 2010, new and gently worn shoes were dropped off
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