Value City April Same-Store Sales Increase 2.0%
Value City Department Stores, Inc. announced total sales for the four weeks ended May 3, 2003, increased 6.8% to $205.8 million from $192.8 million for the four weeks ended May 4, 2002. The company's same store sales increased 2.0% for the four week
Famous Footwear April Comps Increase 4.1%
Retail sales at Famous Footwear were $91,900,000 for the four-week period ended May 3, 2003, up 8.5% compared to $84,700,000 for the same period last year (ended May 4, 2002). Same-store sales increased 4.1% for the month, partially due to the Easter cale
Galyan’s Q1 Comps Down 6.3%; Issues EPS Warning
Galyan's Trading Company, Inc. reported net net sales for the first quarter were $129.6 million, representing a 14.2 percent increase over the same period last year. Comparable store sales for the first quarter declined 6.3%. Increased comparable sto
Foot Locker Q1 Comps Decrease 2.5%; Will Meet Earnings Expectations
Foot Locker, Inc. reported sales for the 13-week period ended May 3, 2003 of $1.13 billion, versus $1.09 billion in the comparable period last year, an increase of 3.5%. For this same 13-week period, comparable-store sales decreased 2.5%. Excluding the ef
TJX April Comp Store Sales Gain 4.0%
The TJX Companies, Inc. today reported April 2003 sales results. Sales for the four-week period ended May 3, 2003, were $956 million, up 6% over $899 million achieved during the four-week period ended May 4, 2002. Consolidated comparable store sales for
Saks, Inc. Sees April Comps Decrease 2.4%
Retailer Saks Incorporated announced that comparable store sales for the four weeks ended May 3, 2003 compared to the four weeks ended May 4, 2002 decreased 2.4% on a total company basis. By segment, comparable store sales decreased 9.1% for SDSG and incr
Kohls’ April Same-Store Sales Dip 4.1%
Kohl's Corporation reported that sales for the four week period ended May 3, 2003, increased 5.8% over the four week period ended May 4, 2002. On a comparable store basis, sales decreased 4.1%…
GBMI Appoints National Sales Manager for Dry-shoD
Global Brand Marketing, Inc., owner of Pony International and Dry-ShoD, and global footwear licensee for Diesel, XOXO, Nautica and Mecca, has named Thomas Anzures as National Sales Manager for Dry-shoD. Mr. Anzures will be responsible for all US sales and
U.S. Signs Apparel Quota Agreement with Vietnam
Retailers cheered and the textile sector groaned after the United States signed an apparel agreement with Vietnam giving a generous package of clothing quotas to the country that was the site of one of the U.S. military's most humiliating retreats
Nicklaus Sues Wilson Over Name Use
In the golf world, if you don't have Nicklaus, you can't have JACK. That's the argument of Jack Nicklaus and his golf-products companies, which are suing Wilson Sporting Goods in federal court in Columbus, OH.
Wilson, the suit conten
Retailers Report Slumping March Sales
Fixated on news coverage of the war in Iraq and worried about their jobs, shoppers stayed away from the malls in March, giving the nation's retailers another month of disappointing sales. Unseasonably cool weather in parts of the country and a late E
Costco March Same-Store Sales Up 8.0%
Costco Wholesale Corporation reported net sales of $3.88 billion for the five weeks ended April 6, 2003, an increase of 12% from $3.46 billion in the same five-week period of the prior fiscal year…
Regional Sporting Goods Retailers Find Niches
Reading a lot these days about physical fitness and health concerns? The sporting goods industry watches fitness levels, activities and trends, too — all with an eye on its own financial health. Sporting equipment is a $65 billion industry at the wh
As Sales Slip in U.S., Foot Locker Looks to Europe…
With Foot Locker CEO Matt Serra stating that “BOGO’s are getting tired” and “we're missing some product there” when talking about the loss of Nike allocations and reduced orders, the company was left focusing on a building on Europe and re-building U
The TSA / Gart Merger is Looking Better Every Day — Except for Apparel Brands…
The Sports Authority reported net income climbed to $52.9 million, or $1.56 a share, for the quarter ended February 1, 2003, but the increase came primarily from deferred tax credits the company was able to take after sustaining three years of profitabili
