Payless ShoeSource Dec Same-Store Sales Decrease 0.7%

Payless ShoeSource, Inc. reported that same-store sales decreased 0.7% during the December reporting period, the five weeks ended January 4, 2003. Company sales totaled $292.0 million, a 1.4% increase from $287.9 million during December 2001…

Stein Mart December Comps Decrease 0.7%

Stein Mart, Inc. announced total sales for the five-week period were $196.9 million, a 3.1% increase from the $190.9 million in sales for the same period in 2001. Comparable store sales for December decreased -0.7% from the previous year…

JC Penney December Comps Increase 4.7%

JC Penney Company, Inc. reported that comparable department store sales increased 4.7% for the five weeks ended December 28, 2002, compared with last year's strong 5.4% gain…

May Company December Comps Decrease 4.7%

The May Department Stores Company reported preliminary net retail sales of $2.57 billion for the five-week period ended Jan. 4, 2003, a 2.9% decrease from $2.65 billion in the similar period last year. Store-for-store sales decreased 4.7%…

ShopKo December Comps Dip 0.2%

ShopKo Stores, Inc. reported consolidated sales for the five weeks ended January 4, 2003 were $477.0 million, 0.5% lower than the $479.7 million reported for the same period last year. Consolidated comparable store sales declined 0.2%…

Value City December Comp Store Sales Dip 1.8%

Value City Department Stores, Inc. announced today total sales for the five weeks ended January 4, 2003, increased 11.8% to $322.4 million from $288.5 million for the five weeks ended January 5, 2002. The company's same store sales decreased 1.8% fo

Copeland’s Sports Sold to New York Firm

Bruckmann, Rosser, Sherrill and Co., a private equity firm based in New York, has bought a controlling interest in CA-based Copeland's Sports. Terms of the deal were not released. BRS portfolio companies include Au Bon Pain, California Pizza Kitche

Golf Galaxy Names McCormick CMO

Golf Galaxy, Inc., the Everything for the Game(TM) golf retailer announced that Mick McCormick has joined the company as Chief Marketing Officer…

Reebok Goes “DOH” in Classic Campaign…

Just when you think the brand finally has its message right. Right when retailers are starting to feel like the brand might mean something again to the trend-setting urban male. Someone comes up with a campaign that makes even the most loyal Reebok supp

adidas Has Balls for Total Golf Strategy…

TaylorMade-adidas Golf exercised its option to purchase the Maxfli brand outright under terms of the licensing and distribution agreement it signed with Dunlop Slazenger Group LTD in December 2001…

Sears CEO Under Some Pressure to Show Results Soon

Sears, Roebuck and Co. Chief Executive Alan Lacy was riding high seven months ago. The company's credit card business was cruising along nicely, stores were being remodeled, and Sears' stock hit a four-year high of nearly $60 per share. But