Nordstron November Comps Climb 5.4%
Nordstrom, Inc. reported preliminary sales of $749.4 million for the four-week period ending November 25, 2006, an increase of 6.1% compared to sales of $706.6 million for the four-week period ending November 26, 2005. Same-store sales increased 5.4%…
Gottschalks Comps and Sales Slip in November
Gottschalks Inc. saw November comparable store sales decrease 0.9% from the prior year. Total sales for the month decreased 1.4% to $61.6 million from $62.5 million in November 2005…
Stage Stores November Sales Up 9.6%
Stage Stores, Inc. saw November sales increase 9.6% to $121.2 million from $110.6 million in the same month last year. Comparable store sales increased 0.2% on top of an increase of 4.6% last year…
Nike Golf Joins GolfClubDemo.com
Nike Golf has now joined GolfClubDemo.com. Nike will be supplying their golfclubdemo.com so that consumers can select golf clubs from leading manufacturers and demo them for 5-days. Upon conclusion of the demo period, customers use a supplied pre-paid lab
Planned Holiday Spending is Flat in 2006
Despite a solid turnout of shoppers on Black Friday and Thanksgiving weekend, most Americans plan to spend less or the same amount they spent last year on gifts, according to CNBC's exclusive Holiday Central Survey. Overall falling gas and energy pri
Heelys Q3 Sales Jump 460%; IPO Price Range Set
Heelys Inc. on Friday filed an amended S-1 detailing a price range on its pending initial public offering of shares and detailing its results for the third quarter. The IPO will consist of 6.25 million shares estimated to be in the $16 to $18 per share r
Brown Shoe Raises Guidance on Strong Q3, Back-to-School Gains at Famous Footwear…
Brown Shoe Company saw shares jump more than 17% last week to close at $46.46 on Friday after posting better-than-expected results for third quarter ended October 28 and raising guidance for the full year. “It sure is a great time to be in the shoe busin
Genesco Raises Full Year Guidance Despite Flat Third Quarter Earnings…
Genesco Inc. posted strong results for the fiscal third quarter ended October 28, driven by “excellent performances” at Journeys and Journeys Kidz, Johnston & Murphy, and Dockers. The company expects that the Underground Station business will remain chall
Heelys Inc. Prices IPO Range in Time for Holidays…
Heelys Inc., perhaps representing one of the few “must have” items for Christmas this year out of the sporting goods industry, took the opportunity of Black Friday to issue a price range on its pending initial public offering of shares. The IPO will cons
Centerstone Adds Fidra to Escape Client List
CenterStone Technologies, Inc. has added Fidra as a client of its Escape software application for business-to-business (B2B) ordering for Fidra's sales reps. Escape integrates seamlessly with a client’s back office ERP system to completely automate
Oakley to Acquire Eye Safety…
Oakley has inked a deal to acquire Eye Safety Systems, Inc., a supplier of military, law enforcement, and firefighting protective eyewear. Oakley will pay $110 million in cash for “essentially all of the assets” of the company. Oakley expects the acquisit
Chaco Names Ragan as Director of Sales
Chaco added Doug Ragan to its senior management team as director of sales. Ragan brings over 25 years of outdoor industry experience to his new post.
In his previous position, Ragan was director of sales, East and International for the Yakima brand. Since
Payless Sees Strong Q3; Will Partner with Nike Inc. on New Women’s Brand…
Payless ShoeSource, Inc. posted a mid-singles increase in both comparable and overall sales during the third quarter. Also at the end of the quarter, Payless announced that it would be partnering with Nike Inc.’s Exeter Brands Group to produce a line of w
Asics First Half Bottom Line Impacted by Increased Taxes
For the first half ending September 30, Asics Corp. saw net sales increase 15.1% to ¥95.4 billion ($828.1 million) from ¥82.9 billion ($758.1 million) last year. Gross margin for the company increased 120 basis points to 43.4% of net sales from 42.2% duri
Asics Files Suit Against Target and Friends…
ASICS Corporation of Japan and its American subsidiary have together filed two separate lawsuits in the U.S. District Court for the Central District of California for patent infringement. Both suits name Target Corporation as a defendant, while the first
