Neiman-Marcus Recors Slight Rise in March Comps

Neiman Marcus, Inc. reported comparable store sales rose 0.4% to $425 million for fiscal March. Overall net sales increased 1.8% to $430 million for the month from $423 million last year. In the five-week March period, comparable revenues in the Specialty

Ross Comps Decrease 2% for March

Ross Stores, Inc. saw net sales for March increase 6% to $633 million from $599 million last year. Comparable store sales for the month declined 2% on top of a 6% gain in March 2007…

Saks March Same-Store Sales Fall 2.9%

Saks Inc. said its same-store sales fell 2.9% in March. The luxury retailer said its total sales for the five weeks ended April 5 fell 3% to $276.2 million, from $284.4 million in the prior-year period…

Mountain Hardwear Opens First Store

Mountain Hardwear Inc. opened its first retail store. Located in downtown Portland, Ore. The 3,000-square-foot store showcases the largest selection of Mountain Hardwear apparel and equipment and Montrail footwear in the world…

Man Alive Hires VP and GMM

The Finish Line, Inc. announced that Ernest Brown has been appointed VP and GMM of its Man Alive division. In this role, Brown will be responsible for all product lines, men's and women's apparel and accessories for Man Alive stores and will rep

Costco March Comps Jump 11%

Costco Wholesale Corporation reported net sales of $6.57 billion for the five weeks ended April 6, 2008, an increase of 11% from $5.93 billion in the same five-week period last year. For the first thirty-one week year-to-date period, net sales increased 1

Nike Extends Sponsorship of U.S. Olympic, Paralympic Teams

Nike announced it will extend its relationship with the U.S. Olympic Committee as an Official Outfitter of the U.S. Olympic and Paralympic Teams through the London 2012 Olympic Games. As an Official Outfitter, Nike will provide U.S. Olympic and Paralympic

House Votes to Set Aside Western Acreage for Recreation

The U.S. House of Representatives voted 277-140 today to pass HR 2016, the National Landscape Conservation System Act. Passage of the legislation, which sets aside 26 million acres of Bureau of Land Management land for recreation, is a major priority for

Wal-Mart Sees March Comps Increase 1.1%

Wal-Mart Stores, Inc. reported that total company net sales increased 7.9% to 36.97 billion for the five-week fiscal March from $34.26 billion last year. Net sales at Wal-Mart Stores increased 5.0% to $23.21 billion from $22.12 billion for the year-ago mo

Brown Shoe to Move Madison HQ to St. Louis

Brown Shoe Company, Inc. plans to join together employees from its Madison, Wis.-based Retail and St. Louis-based divisions to create a more connected footwear company, headquartered in St. Louis. All of the approximately 270 Madison-based employees will

Gottschalks March Comps Drop 15.4%

Gottschalks Inc. same store sales for the month of March decreased 15.4% from the prior year. Total sales for the month decreased 16.6% to $49.1 million compared to $58.9 million in the same period of fiscal 2007. On a year-to-date basis, same store sales

NSGA: Volleyball Only Team Sport to Grow in 2007

According to the National Sporting Goods Association, exercise walking remained the most popular sport in 2007 in terms of participation as it grew 2.7%, a position it has held since 1990. Data contained in NSGA’s annual “Sports Participation – Series I a