TJX February Comps Jump 6%
The TJX Companies reported February 2005 sales were $1.0 billion, up 12% over the $934 million achieved during the four-week period ended February 28, 2004. Consolidated comparable store sales for the four-week period ended February 26, 2005, increased 6%
Stage Stores February Comps Climb 3.7%
Stage Stores total sales for the four-week period ended February 26, 2005, increased 5.1% to $92.3 million from $87.8 million in the prior year four-week period ended February 28, 2004. Comparable Store Sales increased 3.7% on top of an increase of 8.0% l
Feb Comps Increase 6% for Ross; Sales Jump 17%
Ross Stores, Inc. reported sales of $311 million for the four weeks ended February 26, 2005, a 17% increase above the $266 million for the four weeks ended February 28, 2004. Comparable store sales for the month increased 6% over the prior year period…
Collegiate Pacific CEO to Sell Off 25% of Shares
Collegiate Pacific founder and CEO Michael Blumenfeld advised the company that he filed a Form 144 with the SEC with the intention of selling approximately 25% of his Collegiate Pacific common stock to diversify his portfolio solely for estate planning pu
The Athlete’s Foot Inks Master Franchisee for Russia
The Athlete's Foot has formalized an agreement with Alye Parusa of Moscow to become The Athlete's Foot's master franchisee for the Russian Federation. The Athlete's Foot projects a minimum of 40 store openings in the region over the c
James Test 1
James Test 1
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james test 3
Deckers Gets Some Nice Oomph! from UGG to Blow Away Q4 Street Estimates…
Deckers trounced every Wall Street forecast for the fourth quarter, due in most part to greater-than-expected deliveries in December, a very strong showing from its UGG brand, higher direct Internet sales, and less close-out business. The company posted
Eddie Bauer will Become Independent, Public Company…
Spiegel, the bankrupt parent company to Eddie Bauer, has filed a reorganization plan with the U.S. Bankruptcy Court that would give the company’s unsecured creditors, excluding Spiegel Holdings, Inc. and its affiliates, approximately 90% of their claims t
Cannondale Recalls Bike Seats
Cannondale Bicycle Corp. has announced the recall of roughly 1,480 ‘1-X’ bicycle suspension seat posts that were installed on various 2005 model year Cannondale brand bicycles. The recall involves Lee Chi model 1-X bicycle suspension seat posts. Lee Chi i
Apax Partners and SKM Form $1.8 billion U.S. Private Equity Fund
Apax Partners Worldwide LLP is merging its U.S. firm Apax Partners, Inc. with Saunders Karp & Megrue (SKM). As part of the merger, John F. Megrue and Allan W. Karp of SKM have been named co-CEOs of Apax Partners, Inc., and will become members of Apax Par
Ruff Wear Expands U.S. Sales Force
Ruff Wear is expanding its sales force in North America to meet the needs of customers in both the outdoor retail and specialty pet markets. The new sales representatives augment the sales force currently in place in the US. Fifteen independent sales repr
Friedrichshafen OutDoor Show On-Track to Break Records
OutDoor 2005 which takes place from the 21st to the 24th July at the Friedrichshafen showground will break all records in the show’s twelve year history. By February 2005, 360 companies had pre-booked exhibition space which is a 64% increase on last years
Ed Andrew Returns to NiteRider as New CEO
Ed Andrew, who was President of NiteRider from January 1996 to December 1999, has returned to the company as the new CEO. Ed left the company on very good terms in 1999 to help launch a small start-up company with a product concept, a small amount of set-
Mountain Hardwear Names New Marketing Director
Mountain Hardwear announced that Phyllis Grove has been named to the position of Marketing Director. Grove will oversee marketing efforts for the company including strategy, branding, advertising, web, retailer coop programs, consumer and trade promotions