Gottschalks Posts Strong January Comps Increase
Gottschalks Inc. reported same store sales for the month of January increased 13.3% over the same month last year. Total sales for the four-week period increased 10.6% to $33.3 million compared to $30.1 million in the same period of fiscal 2008…
Wal-Mart Reports January Comps Up 2%
Wal-Mart Stores, Inc. reported net sales for the four- and 52-week periods ending Jan. 30, 2009, and Feb. 1, 2008, respectively, as follows…
Kohl’s Posts 13.4% Drop in January Comps
Kohl’s Corporation saw a 9.0% decline in net sales for the month of January to $720.3 million from $791.4 million last year. On a comparable store basis, sales decreased 13.4%. Total sales for the year decreased 0.5% from the prior year. On a comparable s
Costco Comps Slip 2% in January
Costco Wholesale Corporation reported net sales of $5.10 billion for the month of January, down 0.2% from $5.11 billion for the same period last year. Comparable store sales for the month declined 2.0% after an increase of 7.0% last year. For the first tw
Ross January Comps Decline 2%, Raises Q4 Guidance
Ross Stores, Inc. reported sales for the four weeks ended Jan. 31, 2009 of $365 million, a 4% increase over the $350 million in sales for the four weeks ended Feb. 2, 2008. Same store sales for the four weeks ended Jan. 31, 2009 declined 2% compared to th
Stage Stores January Comps Fall 13.1%
Stage Stores, Inc. said total sales for the four-week period ended Jan. 31, 2009 decreased 9.4% to $74.4 million from $82.1 million in the prior year four week period ended Feb. 2, 2008. Comparable store sales for the month decreased 13.1% versus an incre
Fairway and Greene Inks PGA Deal
The Wyndham Championship has signed a new three-year deal with Fairway & Greene, which will produce official apparel for the PGA Tour event. As the official provider, Connecticut-based Fairway & Greene will produce all apparel for tournament officials, st
Twins Enterprise Rebrands as Twins ’47 and Banner ’47
Twins Enterprise is shifting directions to show off the brands heritage and the unique story of how the company has come to be a major player in the sports licensed products market. Twins Enterprises is launching new brand platforms for its two main busin
QBP Distributes SealLine Urban Line
Cascade Designs, Inc. announced the distribution of the SealLine Urban Line of gear protection through QBP (Quality Bicycle Products). A distributor to the cycling industry, QBP will stock the full SealLine Urban Line including…
McDavid Names Marketing Product Manager
McDavid has named Melissa Poole to the newly created position of marketing product manager to support the company’s rapid growth of its protective apparel category, which features its patented HexPad technology…
Pelican Products Acquires Hardigg
Pelican Products, Inc., manufacturer of plastic injection molded protective cases, acquired long-time competitor Hardigg Industries, manufacturer of roto molded protective cases. The transaction, valued at approximately $200 million, is believed to be the
SIA 09: Youth Culture Expands Influence
SIA 2009 was a surprisingly lively show considering the widespread declines in many other trade and consumer shows in recent weeks. While Outdoor Retailer Winter Market reported a 5% decline in attendees, and ASR attendance was down significantly, SIA is
CPSC Delays Some Safety Act Provisions
The Consumer Product Safety Commission has issued a one year “Stay on Enforcement” for the submission of “Testing and Certification” of compliance with the new lead and phthalates laws. The CPSC will not require Testing and Certification on products until
Escalade’s CFO Resigns
Escalade, Inc. said it has accepted the resignation of Terry D. Frandsen as vice president and chief financial officer. Robert J. Keller, Escalade's president and chief executive officer, said that the company and Frandsen had reached a mutual decis
Macy’s to Cut 7,000 Jobs
Macy's Inc. plans to cut 7,000 jobs, or 4% of its workforce, as it expects sales to remain sluggish through 2009. No store closings were announced. Staff reductions and other moves to restructure the company's operations, including grouping stor
