SGB Executive

Payless Swings to Q3 Loss on 1.4% Comp Sales Decline

Payless ShoeSource, Inc. posted a loss of $2.2 million, or $0.03 per diluted share, for the third quarter of fiscal 2003, compared to net earnings of $29.6 million, or diluted earnings per share of $0.43, during the third quarter of fiscal 2002. Company

True Temper Ride Steel Shafts to 53% Q3 Profit Gain

True Temper Sports, Inc. announced net sales for the third quarter increased 12.1% to $24.7 million from $22.0 million during the third quarter of 2002. Net income for the quarter increased to $2.3 million from $1.5 million in the third quarter of 2002…

Schoeller Opens New Korean Office

Schoeller Switzerland is opening a new office in Korea at a ceremony on October 10 in the Grand Hyatt Hotel in Seoul. In an effort to increase the company’s support to the very important and fast growing Korean market, this new facility will serve as a ma

Backbone Media Adds More Vertibrae

Backbone Media announced a series of new hires to expand its services and to meet growing demand for PR in the outdoor, fitness and lifestyle markets. Julie Oldham, formerly the Associate Publisher at Climbing Magazine, has joined the team to lead the Med

Federated October Comps Down 2.0%

Federated Department Stores total sales were $1.058 billion for the four weeks ended November 1, 2003, a decrease of 2.1 percent compared to total sales of $1.081 billion in the same period last year. On a same-store basis, Federated's October sales

Ritchey to Sponsor Health Net Cycling Team

Ritchey USA has announced major sponsorship of the 2004 Health Net Cycling Team presented by Maxxis. The team will be racing on Ritchey’s WCS Bars, Stems, Seat Posts, Headsets, Brake Pads and Probiscus Time Trial Bars…

Saks October Comps Up 4.1%

Saks Incorporated announced that for the four weeks ended November 1, 2003 compared to the four weeks ended
November 2, 2002 total sales increased 5.0% and comparable store sales increased 4.1% on a total company basis. By segment, comparable store sales

Kohl’s October Comps Drop 11.6%

Kohl's Corporation sales for the four week period ended November 1, 2003 increased 2.9% over the four week period ended November 2, 2002. On a comparable store basis, sales decreased 11.6%…

Foot Locker Q3 Comps Inch Up 0.4%; Ups Guidance

Foot Locker, Inc. reported sales for the 13-week period ended November 1, 2003 of $1.2 billion, versus $1.1 billion in the comparable period last year, an increase of 6.6%, or 3.3% on a currency-neutral basis. Comparable store sales increased 0.4% for th

DSW Leads Retail Ventures to Positive Oct. with 9.1% Comp Gain

Retail Ventures, announced total sales for the four weeks ended November 1, 2003, increased 5.6% to $214.2 million from $202.9 million for the four weeks ended November 2, 2002. The company's same store sales increased 0.9% for the four week period.

Target October Comps Up 1.6%

Target Corporation net retail sales for the four weeks ended November 1, 2003 increased 7.9 % to $3.374 billion from $3.126 billion for the four-week period ended November 2, 2002. Comparable-store sales increased 1.6 % from fiscal October 2002…

October Comps Up 1.4% at Payless

Payless ShoeSource same-store sales increased 1.4 percent during the October reporting period, the four weeks ended Saturday, November 1, 2003. Company sales totaled $207.5 million, a 2.5 percent increase from $202.5 million during fiscal October of last

Famous Footwear October Comps Decline 4.9%

Brown Shoe Company, Inc. announced that October sales at Famous Footwear were $70,200,000 for the four-week period ended November 1, 2003 compared to $72,200,000 for the same
period last year (ended November 2, 2002). Same-store sales declined 4.9%. Thi

Sears October Comps Decline 2.7%

Sears, Roebuck and Co. comparable domestic store revenues decreased 2.7 percent for the four weeks ended Nov. 1, 2003. Total domestic store revenues were $1.9 billion for the four-week period in October 2003, down 2.2 percent compared with the four weeks

Wal-Mart Comps Up 4% In October

Wal-Mart Stores net sales for the four-week period ending October 31, 2003, of $19.066 billion, an increase of 11.8 percent over the $17.051 billion in the similar period in the prior year…