SGB Footwear

Quiksilver’s McKnight to be Succeeded by Disney Exec

Robert B. McKnight Jr. will step down as CEO of Quiksilver Inc., replaced by former Disney and Nike executive Andy Mooney, according to a Wall Street Journal report. The management change will be effective Jan. 11. McKnight will become executive chairman.

Costco Reports U.S. Comps Rose 8 percent in December

Costco Wholesale Corporation reported comp store sales for the five weeks ended Dec. 30, 2012 grew 8 percent in the United States, excluding fuel sales, from the year earlier period. The inclusion of an extra day compared to last year, due to the timing o

Target’s December Comps Flat, Slightly Below Plan

Target Corporation reported that its net retail sales for the five weeks ended Dec. 29, were $10.2 billion, an increase of 0.8 percent from $10.14 billion a year ago. On this same basis, December comparable-store sales were essentially flat…

Macy’s Same-Store Sales Up 4.1 percent in December

Macy’s, Inc. reported total sales of $5.1 billion for the five weeks ended Dec. 29, 2012, an increase of 3.6 percent compared with total sales of $4.92 billion in the five weeks ended Dec. 31, 2011. On a same-store basis, Macy’s, Inc. sales we

Nordstrom Grows Same-Store Sales 8.6 Percent in December

Nordstrom, Inc. reported an 8.6 percent increase in same-store sales for the five-week period ended Dec. 29, 2012 compared with the five-week period ended Dec. 31, 2011. Preliminary total retail sales of $1.72 billion for December 2012 increased 9.4 perce

Ross Stores’ December Comps Increase 6 Percent

Ross Stores, Inc. reported that sales increased 11 percent to $1.276 billion for the five weeks ended Dec. 29, 2012, up from $1.149 billion in sales for the five weeks ended Dec. 31, 2011. Comparable store sales for the month grew 6 percent on top of a 9

TJX Lifts Q4 Guidance on Robust December Comps

The TJX Companies, Inc., which just acquired Sierra Trading Post, reported consolidated comparable store sales in December increased 6 percent over an 8 percent increase last year. The off-pricer raised its EPS guidance for the fourth quarter…

Surftech Appoints Sammy Nigh Director of National Sales

Surftech, the maker of surf and stand-up paddleboards based in Santa Cruz, appointed Sammy Nigh as its new director of North American Sales. Before joining Surftech, Nigh previously served as head of sales at Sessions Outerwear and Fox Sportswear.