Macy’s Same-Store Sales Down 8.1% in August
Macy’s, Inc. reported total sales of $1.543 billion for the four weeks ended Aug. 29, 2009, a decrease of 8.5% compared with total sales of $1.686 billion in the year-ago period. On a same-store basis, sales were down 8.1%…
Stein Mart’s August Comps Fall 8.9%
Stein Mart, Inc. reported comparable-store sales fell 8.9% in August while total sales declined 12.3% to $76.1 million from $86.8 million…
Bon-Ton’s Comps Decrease 5.1% in August
The Bon-Ton Stores reported comparable store sales for the four weeks ended August 29 decreased 5.1% compared with the prior year period. Total sales for the four weeks decreased 4.8% to $197.0 million compared with $207.1 million for the prior year perio
Stage Stores Suffers 9.5% August Comp Decline
Stage Stores, Inc. reported that its total sales for the four week August period decreased 7.4% to $111 million from $120 million in the prior month. Comparable store sales decreased 9.5% this year versus a decrease of 8.3% last year…
Costco’s Comps Dip 2% In August
Costco Wholesale Corp. reported same-store sales slipped 2% in August. Lower gas prices and the stronger dollar weighed on results. Excluding both items, same-store sales gained 2% for the month…
OBIT: Melvin Olshansky, Maurice Sporting Goods
Melvin A. Olshansky, the chairman of Maurice Sporting Goods in Northbrook, IL, died on Aug 29 at the age of 74, according to The Chicago Tribune. He had been hospitalized for several months with a number of maladies, including respiratory problems and kid
Gander Mountain to Launch Fall Seminar Series for Women
Gander Mountain Company will launch a fall seminar series for women at all 116 retail locations. The “We Live Outdoors Women's Seminar Series” will take place at 7:00pm on Monday nights from September 14 through October 19…
Hoopsworld Names Top 55 Basketball Influencers
Foot Locker's Keith Daly, Nike's George Raveling, adidas' Lawrence Norman and Dick's SG's Ed Stack all ranked near the top of Hoopworld.com's list of its Most Influential In Basketball. The 55 “Influencers” also included nume
Reebok to Sponsor Lacrosse Star
Reebok announced the addition of Zack Greer to their growing lacrosse roster. Reebok also indicated that this fall it will be launching its first full line of lacrosse products…
Academy Sports Sponsors NASCAR’s Erik Darnell
NASCAR Camping World Series Rookie-of-the-Year and current NASCAR Nationwide Series driver, Erik Darnell will make his Sprint Cup Series debut this weekend at Atlanta Motor Speedway in the No. 96 Academy Sports + Outdoors Ford Fusion…
REI Appoints Chhina as CFO
Recreational Equipment, Inc. (REI) appointed Ivar Chhina as its chief financial officer. Chhina, 46, has served REI as a member of the co-op's board of directors since March 2006, most recently, as vice chair and as chair of the Audit and Finance Com
Chums/Beyond Coastal Invests in Renewable Energy
Chums/Beyond Coastal recently made a business decision to offset its environmental impact by purchasing Rocky Mountain Power's Blue Sky renewable energy…
Woolrich Sponsors The Bank of the West Soldier Hollow Classic
Woolrich announced the sponsorship of the Bank of the West Soldier Hollow Classic in Heber City, Utah from September 4 – 7, 2009. In what has quickly become the foremost sheepdog trial in the world, national champions from South Africa, Switzerland, Ital
Cool Temperatures Chill July Outdoor Sales
Retail sales for all core outdoor stores combined (chain, internet, specialty) declined 4% compared to last July, moving from $371 million to $358 million, according to the most recent edition of the Outdoor Industry Association (OIA) Outdoor Topline Repo
Collective Brands Q2 Revenues Drop 8.3%, Earnings Down Excluding Special Items
Collective Brands, Inc. reported sales in the second quarter dropped 8.3% to $836.3 from $911.7 million a year ago. Excluding sales in the year-ago period from the expired Tommy Hilfiger adult footwear license, sales were down 6.6%. Earnings dropped 41.6%
