Stage Store’s Set 10-Year Record for May Comps

Stage Stores, Inc. reported that total sales for the four week May period ended May 26 increased 11.0 percent to $130 million from $117 million in the prior year four week period ended May 28, 2011. Comparable store sales for the month increased 8.0 perce

Nordstrom’s Comps Climb 5.3 Percent in May

Nordstrom reported a 5.3 percent increase in same-store sales for the four-week period ended May 26, 2012 compared with the four-week period ended May 28, 2011. Preliminary total retail sales of $870 million for May 2012 increased 9.3 percent compared wit

Target’s May Comps Climb

Target Corporation reported that its net retail sales for the four weeks ended May 26, were $5.04 billion, an increase of 5.0 percent from $4.8 billion for the four weeks ended May 28, 2011. On this same basis, May comparable-store sales increased 4.4 per

Saks Comps Up 4 Percent in May

Saks Incorporated announced that comparable store sales increased 4.0 percent in May. Owned sales totaled $215.8 million for the four weeks ended May 26, compared to $208.2 million for the four weeks ended May 28, 2011, a 3.7 percent increase…

TJX Sees Comps Jump 8 Percent During May

The TJX Companies, Inc. reported that sales for the four-week period ended May 26 were $1.9 billion, up 10 percent over the $1.7 billion achieved during the four-week period ended May 28, 2011. Consolidated comparable store sales for the four-week period

Patagonia Discloses Recent Financial Results

Patagonia had sales of $540 million in the twelve months ended in April, up more than 30 percent from the same period a year earlier, according to a report in the Seattle Times. The article also disclosed that…

Nike to Divest Cole Haan and Umbro

Nike, Inc. announced its intention to divest two of its wholly-owned affiliate brands – Cole Haan and Umbro – to sharpen its focus on driving growth in the Nike, Jordan, Converse and Hurley brands. The process of divesting these two businesses will begin

Dick’s SG To Open Run Specialty Concept

Dick's Sporting Goods announced plans to open a specialty running retail store, True Runner. The new store, located in the Shadyside section of Pittsburgh, will cater to running enthusiasts with best-in-class footwear, apparel, accessories and exper

Domestic Textile Lobby Names Unifi CEO Chairman

William L. Jasper, chairman of the Board and CEO of Unifi, Inc. was elected to serve a second term as chairman during the National Council of Textile Organizations’ (NCTO) ninth annual meeting in mid May. NCTO regularly faces off with sporting goods

Foot Locker Launches #Kickstagram

Foot Locker announced the launch of a new marketing campaign surrounding the social media phenomenon Instagram. The campaign encourages Instagram users to tag pictures of themselves wearing their favorite kicks using #kickstagram and @footlocker beginnin