BJ’s Reports 1.1% Dip in October Comps

BJ’s Wholesale Club, Inc. reported that sales for October 2009 increased 3.5% to $764.7 million from $738.9 million in October 2008. On a comparable club basis, sales for October 2009 decreased 1.1%, including a negative impact from sales of gasolin

Macy’s Comps Slip 0.8% in October

Macy’s, Inc. reported total sales of $1.69 billion for the four weeks ended Oct. 31, a decrease of 1.3% from $1.71 billion a year ago. On a same-store basis, Macy’s, Inc. sales were down 0.8% in October…

Dorel’s Q3 Profits Climb 11.1% Despite Sales Dip

Dorel Industries Inc. reported net income for the third quarter rose 11.1% to U.S. $30.2 million. Revenue was $518.5 million, down 6.1% from $552.2 million a year ago.
The third quarter revenue decline of 11% in its Recreational/Leisure segment was due p

J.C. Penney Comps Drop 4.5%, Raises Q3 EPS Guidance

J.C. Penney Co., Inc. reported that comparable store sales for the four-week period ended Oct. 31, 2009, decreased 4.5%, slightly better than the company’s guidance for sales to decrease 5% to 8%. In last year’s October period, comparable sto

Ross Stores Comps Jump 9%

Ross Stores, Inc. reported that sales for the four weeks ended Oct. 31 increased 14% to $557 million from $490 million a year ago. Same store sales for the month rose 9%…

Saks Comps Edge Up 0.7%

Saks Inc. announced that owned sales totaled $219.8 million for the four weeks ended Oct. 31, compared to $216.0 million a year ago, a 1.8% increase. Comparable store sales increased 0.7% for the month…

Spyder Places Two East Coast Rep Groups

Spyder Active Sports realigned its sales organizational structure in the Mid Atlantic and New England areas from three regions to two and hired two sales groups to represent the new territories The changes were made to provide a better communication and s

IZOD Named Title Sponsor of IndyCar Series

Phillips-Van Heusen Corp. announced a multi-year agreement in principle with the Indy Racing League (IRL), the sanctioning body for the IndyCar Series, for its IZOD brand to become the title sponsor of the newly renamed IZOD IndyCar Series…

Escalade Records Profit Despite Sharp Sales Drop

Escalade, Inc. reported net income for the third quarter of 2009 increased to $618,000, or 5 cents a share, against a loss of $1.37 million, or 11 cents, a year ago. Sporting Goods net revenues this quarter were down significantly compared with same quart

Nike Introduces N7 Collection

Nike Inc. will debut the Nike N7 Collection, a select range of performance footwear designed with the environment and the future of Native American communities in mind. The N7 Collection will be sold exclusively through 33 Nike Factory Stores in the U.S.