Outdoor | Page 2030 | SGB Media Online

Saks Comps Grow 4.1%

February 7, 2008 SGB Update

Saks Inc. announced that January 2008 comparable store sales increased 4.1% over the prior year. Fiscal fourth quarter comparable store sales increased 9.0% over the prior year, which was consistent with management’s previously disclosed expectation of a

Target’s Comps Slide 1.1%

February 7, 2008 SGB Update

Target Corp. reported that its net retail sales for the four weeks ended February 2, 2008 increased 5.4 percent compared to the four weeks ended January 27, 2007. On this same equal-week basis, January comparable store sales decreased 1.1 percent. On a fi

J.C. Penney Comps Off 1.9%

February 7, 2008 SGB Update

J. C. Penney Company, Inc. comparable department store sales decreased 1.9 percent for the four weeks ended Feb. 2, 2008, compared with guidance for a mid-single digit decrease and a 3.6 percent increase in last year’s January period. Total department sto

TJX Posts 3% Comp Gain

February 7, 2008 SGB Update

The TJX Companies, Inc. reported consolidated comparable store sales for the four-week period ended February 2, 2008, increased 3% over last year. Total sales increased 7% to $1.13 billion from $1.06 billion…

Ross Stores Comps Rose 1% in January

February 7, 2008 SGB Update

Ross Stores, Inc. reported same-store sales rose 1% for the four weeks ended Feb. 3 and 2% for the 13 weeks ended Feb. 2, 2008 over the comparable periods a year ago. Ross said sales for the four-week period rose 9% to $350 million…

Kohl’s January Comps Slide 8.3%

February 7, 2008 SGB Update

Kohl’s Corporation reported comparable store sales decreased 8.3% for fiscal January. Total sales for the January fiscal month were $791.4 million, down 20.4% from $994.8 million for the five-week period last year. Total sales for the additional week in f

Neiman Marcus’s Comps Increase 3.3%

February 7, 2008 SGB Update

Neiman Marcus reported comparable store sales rose 3.3% in January. Total revenues advanced 5.6% to $290 million from $275 million. In the four-week January period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus S

Macy’s Comps Fall 7.1%

February 7, 2008 SGB Update

Macy's Inc. said same-store sales fell 7.1 percent in January. Much of that drop, however, was attributed to one fewer week in January 2008 versus January 2007, but same-store sales still missed Macy's estimate of minus 4 to 6 percent…

Nitches Acquires Backwoods

February 7, 2008 SGB Update

Nitches announced it has acquired outdoor lifestyle retailer Backwoods Equipment Company, whose operations consist of Backwoods stores and travel service Backwoods Adventures. Jennifer Mull will continue as CEO and President of Backwoods. Nitches, which i

Luxottica Expects to Exceed €6.1 billion by 2009

February 7, 2008 SGB Update

Luxottica Group S.p.A. expects to exceed €6.1 billion in consolidated sales for fiscal year 2009, assuming an average exchange rate of 1 euro = US$1.45, reflecting an increase of 27% at constant exchange rates from fiscal year 2007. Consolidated sales for

Turner PR Names Senior Director for NYC

February 7, 2008 SGB Update

Turner Public Relations, Inc. has added LoriBeth Slosek as senior director in its New York headquarters and showroom. In her new position, Slosek will lead accounts for the consumer lifestyle product team working with internationally recognized brands in