Trek Bicycle Corp. is voluntarily recalling about 49,000 girls bicycles because the bike frames may break while in use. Trek has received 13 reports of frames breaking, including four minor injuries, the U.S. Consumer Product Safety Commission…
Category: Outdoor
Target’s Comps Slide 1.1%
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%
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
Shoe Carnival Reports 5.7% Decline in Q4 Comps
Shoe Carnival, Inc. reported a 7.3% decline in sales for the thirteen-week fourth quarter to $164.3 million from sales of $177.2 million for the fourteen-week period last year. Sales of approximately $11.5 million were recorded in the extra week of the fo
TJX Posts 3% Comp Gain
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…
Costco Reports 7% Rise in January Comps
Costco Wholesale Corporation reported an 11% increase in net sales for the four weeks of fiscal January to $5.11 billion from $4.62 billion in the same four-week period last year. Comparable store sales increased 7% for the month…
Ross Stores Comps Rose 1% in January
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…
Stage Stores January Comps Inch Up 1.0%
Stage Stores, Inc. reported total sales for this year’s four-week January period were $82.1 million vs. $99.5 million for last year’s five-week January period. Excluding last January’s fifth week sales of $21.4 million, the company achieved an overall sal
Kohl’s January Comps Slide 8.3%
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
Timberland Sees Net Income Down 33.4% on Sales Decline
The Timberland Company recorded fourth quarter net income $24.1 million, down 33.4% from the year-ago result of $36.2 million. Revenue fell 9.3% to $442.7 million as U.S. revenues declined 17.3% to $258.6 million. Foreign exchange rate changes increased f
Neiman Marcus’s Comps Increase 3.3%
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
DSW Comps Fell 1.7% in Latest Quarter
DSW Inc. reported net sales for the thirteen-week quarter ended Feb. 2, 2008 increased 1% to $332.5 million compared with $329.1 million for the fourteen-week quarter ended Feb. 3, 2007. Same store sales decreased 1.7% for the comparable thirteen-week per
Macy’s Comps Fall 7.1%
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…
Nordstrom Comps Drop 6.6%
Nordstrom, Inc. reported January same-store sales decreased 6.6 percent and total sales decreased 20.3 percent. Sales fell to $486.3 million for the four-week period ended February 2, 2008, compared to sales of $610.1 million for the five-week period ende
Nitches Acquires Backwoods
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
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