SGB Executive

Target Corp. Comps Rise 4.9% in April; Mervyn’s Down 6.6%

Target Corporation today reported that its net retail sales for the four weeks ended May 1, 2004 increased 11.8% to $3.54 billion from $3.17 billion for the four-week period ended May 3, 2003. Comparable-store sales increased 4.9% from fiscal April 2003.

Neiman Marcus Comps Jump 14.0% in April

In the four-week April period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus stores and Bergdorf Goodman, increased 14.1 percent. Revenue growth trends were the strongest in the Company's stores in the West.

Retail Ventures April Comps Drop 0.2%

Retail Ventures total sales for the four weeks ended May 1, 2004, increased 6.7% to $219.6 million from $205.8 million for the four weeks ended May 3, 2003. The company's same store sales decreased 0.2% for the four week period. Total sales for the t

Sears April Comps Fall 1.8%

Sears, Roebuck and Co. comparable domestic store revenues decreased 1.8% for the four weeks ended May 1, 2004. Total domestic store revenues were $1.94 billion for the four-week period in April 2004, down 2.8% compared with the four weeks ended May 3, 20

Payless April Comps Climb 4.7%

Payless ShoeSource reported that same-store sales increased 4.7 percent during the April reporting period, the four weeks ended May 1, 2004. Company sales totaled $265.6 million, a 5.6 percent increase from $251.5 million during fiscal April of last year.

ShopKo April Comps Jump 4.3%

ShopKo Stores reported consolidated sales for the four weeks ended May 1, 2004 increased 4.2 percent to $233.7 million from $224.2 million during the same period last year. Consolidated comparable store sales increased 4.3 percent…

Urban Outfitters Q1 Comps Jump 32%

Urban Outfitters sales for the first quarter climbed by 59% over the same period last year, to $170.3 million and easily set a new Company first quarter record. This sharp increase was driven by a 32% jump in total Company comparable store sales, a 24% in

Costco April Comps Increase 10%

Costco Wholesale Corporation reported net sales of $3.56 billion for the four weeks ended May 2, 2004, an increase of 13 percent from $3.14 billion in the same four-week period of the prior fiscal year. Cmparable store sales rose 10% for the company and t

LaCrosse Footwear Swings to Q1 Profit on 19% Sales Gain

LaCrosse Footwear, Inc. reported consolidated net sales of $23.7 million for the first quarter of 2004, up 19.4% from $19.9 million in the first quarter of 2003. Consolidated net income was $1.1 million, or 18 cents per share, in the first quarter of 2004

Smith Optics Appoints Regional Sales Managers

Smith Optics has hired Brian Cotsonas as the company’s East Coast regional sales manager. Cotsonas most recently worked as the East Coast sales manager for Eyeking/Hobie Polarized Sunglasses. Linda Rodney, who has worked at Smith for several years overs

Schutt Sports to Sponsor Texas Football Coaches Association

Schutt Sports has agreed to a platinum sponsorship with the Texas High School Coaches Association for 2004-2005. The partnership recognizes Schutt as the “Official Football Helmet of the Texas High School Coaches Association”. The THSCA consists of high

West Coast Novelty Appoints New Sales Managers

West Coast Novelty Corp. is pleased to announce that Larry Burstein, CEO of the Frank Sussman Company, and Evan Burstein, National Sales Manager of the Frank Sussman Company, have joined the WCN management team. Larry Burstein will act in the capacity of

Smith Restructures U.S. Sales Team

Smith Optics has hired Brian Cotsonas as the company’s East Coast regional sales manager. Linda Rodney, who has worked at Smith for several years overseeing national sales, will become the Central regional sales manager and will handle a majority of Smith

The Wait is Over; Footaction Sale to Go Through

Footstar announced the expiration of the waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act in connection with its proposed sale of approximately 350 Footaction stores to Foot Locker, Inc. for $225 million in cash, subject to