Gander Boosts Net Income on SEC Clarification
Gander Mountain announced revisions to the fiscal 2004 financial results reported on March 11, 2005, and to the restated fiscal 2003 results reported on that date. Net income for fiscal 2004 increased to $1.6 million from $0.8 million as previously report
Exercise Walking Still Number One According to NSGA
Fueled by 4% growth in 2004, exercise walking, remains the No. 1 participation activity surveyed by the National Sporting Goods Association (NSGA), a position it has held for more than a decade. Data contained in NSGA’s annual “Sports Participation – Seri
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
Reebok’s ‘Popeye’ Ad Campaign Goes On-Demand
Starting next week, Reebok's fully integrated marketing campaign for “I Am What I Am,” will offer bonus footage through 'On Demand' TV including exclusive interviews with Allen Iverson, as well as Jay-Z and 50 Cent. Rbk partnered with Brigh
Ritchey Hires McMillan as Purchasing/Traffic manager
With the promotion of Maris Adamovics to head Product Development in Ritchey’s Asia office, U.S. General Manager Steve Parke had an important position to fill in the San Carlos, CA office. John McMillan was hired to fill this role. McMillan has a long his
Marmot Expands Merchandising Team
Megan Storm and Brien Teasley have joined the North American merchandising team at Marmot. Storm was formerly a merchandiser with G.I. Joe’s, and J. Jill apparel. Teasley was with several outdoor stores, including Neptune’s and Marmot Mountain Works, as w
Target Corp. March Comps Increase 8.2%
Target Corporation reported that its net retail sales from continuing operations, which is principally made up of Target Stores, increased 14.3% to $4.41 billion for the five weeks ended April 2 from $3.86 billion for the five-week period ended April 3, 2
Neiman Marcus March Comps Up 3.4% on Direct Strength
The Neiman Marcus Group, Inc. reported that total slaes for the month ended April 2 rose 2.2% to $350 million. Comparable store sales increased 3.4% on top of a 26.3% jump in Marhc last year. The Specialty Retail Stores segment, which includes Neiman Ma
May D.S. Comps Drop 10.8% in March
The May Department Stores net sales were $1.28 billion for the five-week period ended April 2, 2005, an 8.3% increase from $1.18 billion in the similar period last year. Store-for-store sales decreased 10.8%. Sales comparisons in March 2005 were adversely
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
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…
