Kohl’s March Comps Inch Up 1.0%
Kohl's Corporation sales for the four-week period ended April 2, 2005 increased 9.4% over the four-week period ended April 3, 2004. On a comparable store basis, sales decreased 1.0%…
March Comps Increase 1.4% at Payless
Payless ShoeSource same-store sales increased 1.4% during the March reporting period, the five weeks ended April 2, 2005. Company sales totaled $270.2 million, a 1.4% decrease from $273.9 million during fiscal March of last year. Total sales for the first
Saks Inc. Reports 2.3% Comp Sales Gain for March
Retailer Saks Incorporated reported that total sales for the month ended April 2 increased 1.1% and comparable store sales increased 2.3% on a total company basis. By segment, comparable store sales increased 1.8% for SDSG and increased 2.9% for SFAE for
Ross Stores March Comps Climb 3%
Ross Stores reported sales of $456 million for the five weeks ended April 2, 2005, a 13% increase above the $404 million in sales for the five weeks ended April 3, 2004. Comparable store sales for the month rose 3% on top of a 7% gain in the prior year…
Easton Partners With Donik Sports’ Hit-N-Stik
Easton Sports announced its partnership with the Hit-N-Stik brand of training aids from Donik Sports. Effective July 1, Easton will take over exclusive worldwide distribution, marketing, packaging, and overall sales for the batting drill devices. The ne
TJX March Comps Inch Up 1%
The TJX Companies reported March 2005 sales were $1.4 billion, up 6% over the $1.3 billion achieved during the five-week period ended April 3, 2004. For the nine weeks ended April 2, 2005, sales reached $2.5 billion, a 9% increase over last year's $2
Bain Sells Jack Wolfskin to German Investment House, Quadriga
Funds advised by Bain Capital have sold all shares of Jack Wolfskin to private equity firm Quadriga Capital. Jack Wolfskin Top Management will continue to hold a considerable part of the shares. No financial details were disclosed…
NRF: Retailers Oppose Commerce Dept. Proposal on Chinese Imports
The National Retail Federation said it opposed plans announced by the Commerce Department to consider new “safeguards” limits on textile and apparel imports from China. “Safeguards quotas simply are not warranted,” NRF Vice President and International Tr
NRF Voices Sarbanes-Oxley Concerns to SEC
The National Retail Federation has submitted comments to the Securities and Exchange Commission on the impact of Sarbanes-Oxley Section 404, encouraging the SEC to review lessons learned from the past year of SOX implementation. Members of NRF's Inte
Big 5 Posts Positive Q1 Comps; Will Restate Earnings for Two Years
Big 5 Sporting Goods Corp. reported that, based on preliminary sales results, it expects to post a same store sales increase of approximately 1.7% for the first fiscal quarter ended April 3, 2005 versus the year-ago period. BGFV also reported that it wou
Former Brooks Sports Chairman Moves Back to Retail
Dry Ice, Inc., a specialty retailer of home furnishings for teens, has named retail veteran Ann Iverson as acting Chief Executive Officer. Ms. Iverson recently led the growth and expansion of the Brooks Sports as Chairman of the Board.
The Buckle Completes Stock Buy-Back From Founder
The Buckle has completed its stock buy-back with Daniel J. Hirschfeld, founder and Chairman. On March 24, 2005, the Company entered into an agreement to purchase a total of 3,000,000 shares of the Company's outstanding common stock from Mr. Hirschfel
The Sports Authority Rolls Out The Red (Sox) Carpet for Investors…
TSA held an investor day on March 29 in the soon-to-be demolished .406 club at Fenway Park, with chairman and CEO Doug Morton starting the conference by telling investors that “We want the customer to come to TSA instead of WMT”. He then proceeded to des
SGMA Issues a Call to Action for National P.E. Day Lobbying Efforts…
SGMA has put out an all points bulletin to the sporting goods industry to rally support for P.E.4LIFE’s 5th Annual National P.E. Day and the associated lobbying efforts to support funding for physical education programs in schools. At issue is a cut in f
The Walking Company Keeps Big Dog in Positive Territory in 2004…
The Walking Company kept Big Dog Holdings in positive territory for the year when adding in the ten months of business under its new parent, and a closer look at pro forma results shows that TWC revenues grew 10.0% to $70.9 million in the fiscal year ende
