SpendingPulse: February Sales Gains Smaller Than Recent Months
MasterCard Advisors SpendingPulse said the month of February recorded continuing growth across most categories, maintaining the positive performance that began in Fall 2010. However, February's year-over-year growth rates were smaller in most categor
Target Sales Rise 2.4% in February on 1.8% Comps Gain
Target Corporation's net retail sales for the four weeks ended Feb. 26, 2011 were $4.75 billion, an increase of 2.4% from $4.64 billion for the four weeks ended Feb. 27, 2010. On this same basis, February comparable-store sales increased 1.8 percent.
Macy’s Same-Store Sales up 5.8% in February
Macy's, Inc. reported total sales of $1.77 billion for the four weeks ended Feb. 26, 2011, an increase of 5.9% compared with total sales of $1.67 billion a year ago. On a same-store basis, Macy's sales were up 5.8% in February…
Perry Ellis Prices Share Offering
Perry Ellis International, Inc. has priced its previously announced offering of 2.0 million shares of its common stock at $28.00 per share…
Nordstrom’s Comps Climb 7.3%
Nordstrom, Inc. reported a 7.3% increase in same-store sales for the four-week period ended Feb. 26…
Saks Sees 15.3% February Comp Gain
Saks Inc. announced that owned sales totaled $196.2 million for the four weeks ended Feb. 26 compared to $171.7 million a year ago. Comparable store sales increased 15.3% for the month…
Kohl’s Comps Up 5% in February
Kohl's Corporation that for the four-week month ended Feb. 26, 2011 total sales increased 7.1% and comparable store sales increased 5.0% over the four-week month ended Feb. 27, 2010…
TJX Companies Feb Conmps Up 3% As Consumers Remain Focused on Value
The TJX Companies, Inc. disclosed that sales for the four-week period ended Feb. 26, 2011, were $1.5 billion, up 3% over the $1.4 billion achieved during the four-week period ended Feb. 27, 2010. Consolidated comparable store sales for the four-week perio
Aron Ralston to Address Mountain Travel Symposium
Aron Ralston, whose harrowing survival story included cutting off his own arm to escape a red rock canyon in Utah after a climbing accident, will be a keynote speaker during the two-day Forum at the upcoming Mountain Travel Symposium (MTS) in Beaver Creek
Marmot to Open Flagship Store in San Francisco Friday
Marmot Mountain, LLC, will open its newly renovated flagship store early next month just one block off of Union Square at 165 Post Street in the heart of San Francisco. The new store is the fourth opened by Marmot since 2009, when it opened stores in Park
Spyder Promotes Two to Manage Supply Chain
Spyder has promoted two internal candidates to manage its growing global production operations. The employees will focus on improving the supply chain system process from the initial stages of manufacturing to timely delivery at retail partner’s do
Finish/Puma Launches Spring Break Sweepstakes
Finish Line has partnered with Puma around its “Wanna Race” Spring Break Sweepstakes with a grand prize of a trip to Jamaica for four. The effort is timed around the introduction of the PUMA Faas lightweight running collection…
Weyco’s Q4 Revenues Climb 7%
Weyco Group, Inc. said net sales for the fourth quarter were $62.3 million, up 7% compared to fourth quarter 2009 sales of $58.4 million. Net earnings rose 6.3% to $5.1 million, or 45 cents a share, from $4.8 million, or 41 cents, a share. Wholesale net s
Orange 21 Secures Equity Investment
Orange 21 Inc., the parent of Spy Optic, announced that on Feb. 28 it entered into a stock purchase agreement and registration rights agreement with Harlingwood (Alpha), LLC…
Adidas’ North America Revenues Climb 12% in Fourth Quarter
Adidas Group reported fourth-quarter earnings declined because of increased marketing expenses. But sales in North America grew 12% on a currency-neutral basis, driven by a 13% sales increase for adidas and a 24% sales increase for Reebok. The athletic fo
