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
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…
SIA Says Duties Could Double Under Proposal
The SnowSports Industries Association is asking its members to submit comments to it by close of the day Friday on a proposed change to federal regulations that the trade group says could double duties on imported goods. U.S. Customs and Border Protection
BJ’s February Comps Rise 5.9%
BJ’s Wholesale Club, Inc. reported that sales for February 2008 increased by 9% to $655.7 million from $601.8 million. On a comparable club basis, sales increased by 5.9%, including a contribution from sales of gasoline of 2.7%. Comp gains exceeded 6% in
SIA Urges Retailers to Link to Consumer Site
SnowSports Industries America (SIA) is urging retailers to link to its relaunched consumer website, snowlink.com, which promotes snowsports through a variety of content, including how-to-buy articles. The site features sections on “Planning Your Trip,” “W
Saks Sees 3.4% Comp Gain
Saks Inc.'s comparable store sales increased 3.4% for the four-week period ended March 1. Total sales reached $227.6 million, up from $219.9 million a year ago. For February, the strongest categories at Saks Fifth Avenue were men’s shoes, accessories
Crocs: Costco Not an Authorized Dealer
Crocs, Inc. reiterated that it is not selling and has never sold to Costco Wholesale Corp. In a statement issued today, Crocs said it “has segmented its distribution strategy in order to maintain price integrity and enhance brand equity.”…
Neiman Marcus Same-Store Sales Fall
Neiman Marcus Inc. said same-store sales fell 7.4% in February. Total revenue fell 5.4% to $288 million from $305 million. Revenue growth trends were the strongest in the company’s stores in Texas and New York City…
TaylorMade-adidas Golf Partners with RCGA
TaylorMade adidas Golf (TMAG) and the Royal Canadian Golf Association (RCGA) have entered a three-year agreement in which TMAG will become the official golf equipment and apparel partner of the RCGA. The agreement builds on an existing partnership between
Gottschalks February Same-Store Sales off 9.5%
Fresno-Calif-based department store Gottschalks Inc. said same-store sales for the month of February fell 9.5% from the prior year. Total sales for the month decreased 11.5% to $37.7 million compared to $42.6 million in the same period of fiscal 2007. The
HEAD Renews Beach Tennis USA Sponsorship
HEAD Penn Racquet Sports and Beach Tennis USA have renewed their partnership for another year. HEAD will serve as the official racquet and Penn will be the official ball for all the events comprising BTUSA's 2008 National Tour, including the season-e
Stein Mart’s Comps Tumble 10.4%
Stein Mart, Inc. reported comparable-store sales fell 10.4% during February. Total sales declined 7.8% to $96.1 million from $104.3 million…
Ross Stores Racks up Strong February Comps
Comp sales rose a strong 4% at off-price retailer Ross Stores, Inc., allowing the retailer to increase sales by 12% to $444 million for the four weeks ended March 1. That was up from $395 million for the four weeks ended March 3, 2007…
Wal-Mart Sees Both Concepts Post February Comps Gains
Wal-Mart Stores, Inc. reported a consolidated store sales increase of 8.9% for fiscal February to $29.19 billion from $26.79 billion for the year-ago period. Wal-Mart store sales improved 5.6% to $18.56 billion, while Sam's Club sales increased 6.5%
Kohl’s Same-Store Sales Fall 3.8%
Kohl’s Corporation said sales rose 4.6% on a same-store sales deline of 3.8% for the four-week period ended March 1…
