SGB Executive

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,

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

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

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.

Luxury, Online, Travel and Apparel Sales Remained Strong in May

High-end and online retailers continued to set the pace in comp store growth in May, while Apparel stores posted solid gains and housing-related sectors such as Furniture, Electronics and Appliances saw sales decline compared to the same period in 2010, a

GoLite Gecko Trail Series Draws 88 to First Event

GoLite Footwear kicked of the GoLite Gecko Trail Series over the weekend in North Carolina. Created in partnership with Trail Runner magazine, the series includes eight trail events in four states: Colorado, North Carolina, California, and New Hampshire.

Washington Resort Reports Record Snow, Extended Season

Crystal Mountain Resort in Washington said its ski season could last into July thanks to new snow last week that established a season record. The previous record set during the 1998/1999 season was 596”. As of Friday, May 27th, Crystal Mountain Reso

Nautilus Appoints Chief Executive Officer

Nautilus, Inc. named Bruce M. Cazenave as chief executive officer and M. Carl Johnson, III has been elected non-executive chairman of the Board. Edward J. Bramson has relinquished his role as chief executive officer and chairman and resigned from the boar

Mizuno U.S.A. Reports Record Growth in 2010.

Mizuno U.S.A. reported record revenue and profit in 2010. The company, whose Japanese parent reported results last week, indicated that it enjoyed an uptick across the board in each of its core products divisions, including golf, running, baseball, softba

Hi-Tec’s Celebrates Opening of Global Headquarters

Hi-Tec celebrated the grand opening of its new 3,000-square-foot global headquarters in Amsterdam early this month, capping off months of changes at the footwear company, including the relocation of its U.S. headquarters to Portland earlier this year…