Road Runner Sports Continues Eastern Expansion
Road Runner Sports opened its first store in the Washington, D.C. area, continuing its recent expansion into the eastern part of the country. The store in Falls Church, VA, follows recent openings in North Brunswick, NJ; and Columbia, MD. Road Runner Spor
Brooks Sports Posts 17.5% Revenue Increase in 2007
Brooks Sports, Inc. delivered its sixth consecutive record year following a strategic product and distribution refocus and leadership team shift that occurred in 2001—a move that has resulted in tripling the company’s size. In 2007, Brooks Sports grew ove
Dorel Reports Bike Sales up 10%
Dorel Industries Inc. said bicycle sales drove a 10 percent increase in sales by its recreational/leisure segment, which makes Pacific, Mongoose, GT and Schwinn bicycles. While declining to provide earnings guidance for 2008, Dorel CEO and President Marti
AAA Backs Chicago Bike Ordinance
AAA Chicago has thrown its support behind a proposed City of Chicago ordinance that would impose strict fines on motorists whose actions endanger bicyclists. According to the Illinois Department of Transportation, in 2006 in Illinois, 24 bicyclists were k
Fleet Feet Sees 2007 Comps Increase 15%
Fleet Feet, Incorporated saw net sales jump 19% for fiscal 2007 with a 15% increase in comparable store sales. Net sales surpassed $75 million in revenue compared to $63 million in 2006. Twenty-five stores recorded $1 million in annual sales in 2007 with
Collective Brands Posts Loss
Collective Brands reported revenues in the fourth quarter rose 12.1% to $776.8 million as a result of the acquisition of Stride Rite. The period showed a net loss of $46.6 million, or 73 cents a share. Excluding the impact of purchase accounting, the net
Timberland Okays 6M Share Repurchase Plan
The Timberland Company announced that its board of directors authorized the repurchase of up to an additional six million shares of the company's Class A common stock.
The program supplements a current six million share authorization, of which approx
Pacific Sunwear Sees February Sales Improve 7%
Pacific Sunwear of California, Inc. saw a 7.0% increase in net sales for the fiscal month of February to $77.6 million from $72.5 million during the same period last year. At the PacSun concept, same-store sales increased 6% during the same period…
Target Sales Climb 5.9% on Weak Comps Growth
Target Corporation said net retail sales for the four weeks ended March 1, 2008 increased 5.9 percent to $4.37 billion from $4.13 billion for the four weeks ended March 3, 2007. Comparable store sales increased 0.5 percent on the same comparison basis.
Stage Stores Sees 2.5% February Comps Dip
Stage Stores, Inc. saw February net sales increase 1.2% to $105.9 million from $104.6 million in the prior year four week period. Comparable store sales decreased 2.5% this year vs. an increase of 1.4% last year…
Dillard’s Feb. Comps Slide 2%
Dillard’s, Inc. reported same-store sales slid 2%. Net sales were $581.6 million compared to $593.2 million a year ago. Sales were above the average company trend in the Western region and consistent with trend in the Eastern and Central regions…
TJX Comps and Sales Rise 3% in February
The TJX Companies, Inc. reported a 3% increase in fiscal February net sales to $1.3 billion from $1.2 billion for the same period last year. For the four-week period ended March 1, 2008, consolidated comparable store sales increased 3% over last year…
Columbia COO to Resign
Columbia Sportswear Company reported in a filing with the SEC that the company's COO, Patrick D. Anderson announced his resignation. According to the filing, his last day as an employee will be at the end of an as yet to be determined transition peri
Bon-Ton Comps Fell 7.,2% in February
Same-store sales fell 7.2% at The Bon-Ton Stores, Inc. for the four weeks ended March 1, compared to the prior year period. Total sales for the four weeks decreased 8.7% to $217.0 million compared to $237.6 million for the prior year period…
Costco’s U.S. Comps Climb 5%
Costco reported net sales of $5.11 billion for the four weeks ended March 2, an increase of 11% from $4.59 billion a year earlier. Total comps rose 7% with gains of 5% in the U.S. and 18% internationally…
