Target’s January Sales Rise 3.6% on 0.5% Comps Growth
Target Corporation reported net retail sales for the four weeks ended Jan. 30, 2010 were $4.29 billion, up 3.6% from $4.14 billion for the four weeks ended Jan. 31, 2009. On this same basis, January comparable-store sales increased 0.5%.
Ross Stores Ups Q4 Earnings on 13% January Sales Growth
Ross Stores, Inc. upped its fourth quarter earnings estimates as it reported a 13% increase in sales for the four weeks ended Jan. 30, 2010. The discounter said same store sales for the period grew 8% over the prior year period…
J.C. Penney Sees 4.6% January Comp Decline
J.C. Penney Company, Inc.'s comparable store sales decreased 4.6% for the four-week period ended Jan. 30, which was better than the company's guidance for sales to decrease 5% to 8%. In last year's January period, comparable store sales dec
Kohl’s Ups Q4 Guidance on 6.5% Comps Growth in January
Kohl’s Corporation reported today that total sales for the four-week month ended Jan. 30, 2010 increased 10.7% from the four-week month ended Jan. 31, 2009. On a comparable store basis, sales increased 6.5%. The strong performance prompted the depat
TJX’s January Comps Jump 12%, Raises Guidance
The TJX Companies, Inc. reported sales for the four-week period ended Jan. 30, 2010 climbed 20% to $1.3 billion from $1.0 billion a year ago. Consolidated comparable store sales increased 12% versus a 4% decrease in the same period last year…
Point6 Appoints Bill Post as President
Point6, the manufacturer of wool socks, plans to appoint Bill Post as its new president, effective March 1, 2010. Post most recently served as president and CEO of Nordica Apparel, and also served as president for Sport Obermeyer in Colorado…
Winchester Pledges Financial Support for the Congressional Sportmen’s Foundation
Winchester Ammunition recently committed $15,000 to help support the mission of the Congressional Sportsmen’s Foundation (CSF), which is committed to to providing a voice for all sportsmen and women in Congress to promote sportsmen’s issues wi
Bakers Footwear Comps Inch Up 0.8%
Bakers Footwear Group, Inc. said net sales in January were unchanged at $11.9 million compared to the same period last year. Comparable store sales increased 0.8%, compared to an increase of 4.2% for the four-week period ended January 31, 2009…
Unifi Returns to Profitability
Unifi Inc. earned $2.0 million, or 3 cents a share, in the second fiscal quarter ended Dec. 27, 2009, rebounding from a net loss of $9.1 million or 15 cents, for the prior year quarter. Net sales for the quarter increased $16.5 million or 13.1% to $142.3
TAG Sold to Lansing Sports’ Philip Rosati
Team Athletic Goods (TAG), the buying group, has been sold to Philip Rosati Sr. of Lansing Sports Shop in Lansing, IL. Rosati, whose family has run the team dealer and retail store in since 1954, will become TAG's CEO…
Marker Völkl Group Sales Looking Up in 2010
The Marker Völkl Group is on track to increases sales in key markets this winter season, according to a statement released by the company in Europe this week between trade shows…
Peter Millar Names Martin as President of Golf Division
Peter Millar hired Todd Martin as president of the company's golf division. Martin joined the company on Jan. 4, and reports to CEO Scott Mahoney…
Footbalance Gains Euro 7M Equity Investment
Scope Growth II L.P, a Swedish private equity firm, has invested €7 million ($9.8M) to become a large shareholder in the Finnish company Footbalance System Ltd. The investment enables Footbalance to build on its custom insole concept already availab
Stamina Products Announces Sustainability Results for 2009
Stamina Products, Inc. said during its first year of implementing eco-friendly practices in its office and warehouse facility, it reduced paper use by about 66%, water usage by 4%, and used around 10% fewer electric kilowatt hours…
OIA Lauds Obama’s 2011 Budget
Outdoor Industry Association (OIA) thanked President Obama for his continued focus on recreation and conservation funding and key youth initiatives; and a new commitment to helping U.S. companies sell their goods in markets overseas…
