SGB Executive Outdoor
Saks Oct. Comps Plummet Nearly 17%
Saks Incorporated reported owned sales totaled $219 million for the four weeks ended Nov. 1, 2008 compared to $269.1 million for the four weeks ended Nov. 3, 2007, an 18.6% decrease. Comparable store sales decreased 16.6% for the month…
Comps, Sales Fall in Oct. for Target Corp.
Target Corporation reported that its net retail sales for the four weeks ended Nov. 1, 2008 decreased 0.7% to $4.42 billion from $4.45 billion for the four weeks ended Nov. 3, 2007…
Bon-Ton October Comps Decrease 11.1%
The Bon-Ton Stores, Inc. reported comparable store sales for the four weeks ended Nov. 1, 2008 decreased 11.1% compared with the prior year period. Total sales for the four weeks decreased 10.7% to $218.4 million compared with $244.7 million in 2007. For
Foot Locker Closes on CCS Purchase with dELiA*s
Direct marketer and retailer dELiA*s, Inc. closed its previously announced sale of assets related to its CCS brand to Foot Locker, Inc. Upon closing, dELiA*s, Inc. received a $103.2 million cash payment from Foot Locker in exchange for all of the agreed u
Zumiez October Comps Slide 13.1%; FY08 Outlook Slashed
Zumiez Inc.'s comps decreased 13.1% for the four-week period ended Nov. 1, and also slashed its forecast for full-year income to a range of 52 cents to 57 cents per share. That compares with a previous estimate of 80 cents to 82 cents per share. The
Mountain Equipment Co-op Discloses Contract Factories
Mountain Equipment Co-op, Canada's largest retail co-operative with over 2.9 million members, disclosed the names of factories that make clothing and gear under the outdoor retailer's MEC-brand label. With the move, MEC becomes the first Canadia
J. Lindeberg USA Taps Sims as Managing Director
Gary Sims has been named managing director of J. Lindeberg USA by People's Liberation, which sells the brand in the U.S.. From 2001 through June 2007, Mr. Sims held various positions with Ashworth Inc./Callaway Golf Apparel including most recently pr
Online Retailers Strive to Keep Offering Free Shipping
According to results of the 2008 eHoliday Study, conducted by Shopzilla for Shop.org, more than half of online retailers (56.1%) expect their holiday sales to increase at least 15% over last year. However, the rate of growth is slowing, as 77.5% of retail
Former Chairman and President Sign Deal to Purchase Boscov’s
Boscov’s Department Store LLC signed an asset purchase agreement for the sale of substantially all of its assets to a family group, reported DNR. The family group involved in the purchase is led by former Boscov chairman Albert Boscov and former president
Buyer Registration Starts for OR Winter Market
Outdoor Retailer, a division of Nielsen Business Media, has opened online buyer registration for its Outdoor Retailer Winter Market Expo and Backcountry Base Camp scheduled to run Jan. 21-25, 2009…
Skechers Opens San Francisco Store
Skechers USA, Inc. opened a flagship store in the heart of San Francisco’s premier shopping area. The three-floor Skechers location is also the company’s largest concept store at 7,500 square feet. The store features 800 unique styles and can house 20,000
General Manager Named for Four Seasons Resort-Vail
Four Seasons Hotels and Resorts and project developer Black Diamond Resorts – Vail LLC have announced that Four Seasons veteran Hans Willimann has taken the helm as the property’s general manager…
Rocky Brands Q3 Sales Slip
Rocky Brands, Inc. reported net sales for the third quarter of $72.5 million, down 11.9% from net sales of $82.3 million for the same period a year ago. The company reported net income more than doubled to $2.4 million, or 43 cents per diluted share, from
SCARPA Centralizes U.S. HQ
Just two years after taking over its U.S. operations, SCARPA North America is taking its fulfillment operations in-house and consolidating its warehouse, shipping/receiving facilities and warranty/repair division at it new headquarters located in Boulder,
Puma Reports Strong Backlog Growth, but U.S. Continues Down Trend
Puma AG saw net sales grow in all regions and product categories for the third quarter except for apparel, which was down on 0.4% in euro terms and actually saw sales growth on a currency-neutral basis…