SGB Executive

Austin Canoe and Kayak Adds VP of Technology

Austin Canoe and Kayak (ACK) has expanded its executive management team with the recruitment of Steve Daniels as VP of Technology. Daniels will focus on improving ACK’s web and mobile ecommerce offerings…

Ibex Outdoor to Source Zque Certified Merino Wool from Uruguay

Ibex Outdoor Clothing has become the first company to sign a contract to source Zque-certified merino wool from outside of New Zealand. Ibex will use merino wool from Uruguay in its Fall 2012 collection. Until now, The New Zealand Merino Co. has limited i

West Marine Unveils Plan for Fort Lauderdale Megastore

West Marine plans to open the biggest store in the company's history by year's end in Fort Lauderdale to better serve the boating and “Yachting Capital of the World.” The 50,000-square-foot store will be twice as big as the company's curre

Saks’ May Comps Surge 20.2 Percent

Retailer Saks Incorporated reported that owned sales totaled $208.2 million for the four weeks ended May 28, 2011 compared to $177.5 million for the four weeks ended May 29, 2010, a 17.3 percent increase. Comparable store sales increased 20.2 percent for

Ross Reports 4% Comp Growth in May

Ross Stores, Inc. reported that sales increased 8 percent to $661 million for the four weeks ended May 28, 2011, up from $614 million for the four weeks ended May 29, 2010…

Penney’s May Comps Dip 1.0 Percent

J. C. Penney Company, Inc. reported that its comparable store sales for the four-week period ended May 28, 2011, decreased 1.0 percent. Overall, children's, women's apparel and accessories reported the strongest results in May…

Kohl’s Comps Inch Up 0.8 Percent in May

Kohl's Corporation reported that for the four-week month ended May 28, 2011 total sales increased 2.5 percent and comparable store sales increased 0.8 percent…

Dilllard’s Sales and Comps Climb 2 Percent in May

Dillard’s, Inc.'s merchandise sales for the four weeks ended May 28, 2011 were $434.7 million compared to sales for the four weeks ended May 29, 2010 of $426.5 million. Sales increased 2 percent on both a total and comparable store basis for th

Nike Launches First-Ever Action Sports Just Do It Campaign

Nike Inc. is launching a new campaign, entitled “The Chosen,” that is Nike's largest effort targeting action sports and its first global 'Just Do It' campaign featuring a pantheon of action sports stars.. According to a statement from Nike,

Stein Mart’s Comps and Sales Slip in May

Stein Mart, Inc.'s comparable store sales for the four-week period ended May 28, 2011 increased 0.7 percent. Total sales for the period were $98.5 million, a decrease of 0.2 percent from $98.7 million in the same period in 2010. For the year-to-date,

Target Corp. Hits Low End of May Forecast

Target Corporation reported that its net retail sales for the four weeks ended May 28, 2011 were $4.80 billion, an increase of 3.8 percent from $4.62 billion for the four weeks ended May 29, 2010. On this same basis, May comparable-store sales increased 2

Sport Chalet Notches First Profit in 13 Quarters

Sport Chalet reported net income reached $300,000, or 2 cents a share, in its fiscal fourth quarter ended April 3, 2011, against a loss of $300,000, or 2 cents, a year ago. The sporting goods retailer, based in Los Angeles, said it marked the first profit

Stage Stores Reports Comps Flat for May

Stage Stores, Inc. reported that its total sales for the four week May period ended May 28, 2011 increased 1.1 percent to $117 million from $116 million in the prior year four week period ended May 29, 2010. Comparable store sales for the month were flat.