Nordstrom Same-Store Sales Increase 6.3%
Nordstrom, Inc. reported sales rose 6.1% for the four-week period ending June 2, to $637.8 million from $600.9 million. Same-store sales increased 6.3%…
Stein Mart Comps Climb 2.5% in May
Stein Mart, Inc. total sales for the month of May decreased 0.6% to $ 118.9 million compared to $ 119.6 million last year. Comparable store sales for the fiscal period ended June 2, 2007 increased 2.5%…
Target’s Comps Jump 5.8% in May
Target Corp reported that sales for the four weeks ended June 2 increased 10.1% to $4.33 billion from $3.93 billion a year ago. On this same basis, comparable-store sales increased 5.8 percent. In the 2006 May period, comps grew 5.7%…
Federated’s Comps Slide 3.3% in May
Macy’s, Inc. reported total sales during May decreased 2.3% to $1.98 billion from $2.024 billion a year ago. On a same-store basis, Macy’s, Inc. sales were down 3.3% in May…
Bon-Ton Posts 1.2% Comp Gain
The Bon-Ton Stores, Inc. announced total sales for the four weeks ended June 2 increased 1%, to $234.7 million from $232.3 million for the prior year period. Bon-Ton and Carson’s combined comparable store sales for the four weeks increased 1.2%…
Crocs Picks Up U.K. Footwear Award
Crocs, Inc. has been selected as the 2007 Footwear Brand of the Year winner at the prestigious Drapers Footwear Awards in the United Kingdom. The Drapers Footwear Awards celebrates the best in footwear retailing in the United Kingdom and Republic of Irel
Golf Apparel Brands Acquires Sahara Sportswear
Golf Apparel Brands, Inc has acquired Sahara Sportswear. The company's roster already includes La Mode, Clark & Gregory, Fairway Blues, and The Golfer. GABI also is a private label supplier to better clubs and resorts and boasts a logo library of ove
American Skiing Company Sells Sunday River and Sugarloaf/USA
American Skiing Company entered into a definitive agreement to sell its Sunday River and Sugarloaf/USA resorts to Boyne USA, Inc. for $77.0 million in cash. Boyne will also assume $2.0 million in debt and other liabilities. The announced sale follows the
Zumiez May Comps Grow 11.2%; Finds CFO
Zumiez Inc.'s sales in the four weeks ended June 2 jumped 51.6% to $22.7 million, with comparable stores ahead 11.2%. The action sports retailer also offered Trevor Lang, formerly VP of finance at Carter's Inc., its vacant CFO position…
Dick’s SG Elects Best Buy, Lowes Execs to Board
Dick's Sporting Goods, Inc. announced that Brian J. Dunn and Larry D. Stone have been elected to the company's Board of Directors. Mr. Dunn currently serves as President and Chief Operating Officer of Best Buy. Mr. Stone is President and Chief
Forzani Q1 Earnings Double on 5% Revenue Increase
The Forzani Group Ltd. net earnings for the first quarter were $700,000, or two cents per share, compared to the prior year's first quarter of $300,000, or one penny per share. Retail system sales for the quarter were $308.4 million, an increase of 3
Esprit’s Harris-Jensbach Joins PUMA’s Board
PUMA announced a change in the board of management: Melody Harris-Jensbach, previously International Product Director Women at Esprit responsible for the global business division Woman’s Casual, will be appointed Member of the PUMA Board of Management on
Callaway Announces $100 Million Stock Buyback
Callaway Golf Company announced that its Board of Directors has authorized the company to repurchase up to $100 million of the company's common stock in open market or in private transactions…
Study: Online Product Information Drives Customer Loyalty
Shoppers are more likely to return to websites and shop in physical stores of retailers that provide complete product information online, according to a new study conducted for WebCollage. Additionally, the study indicates that retailers that do not prov
Nike Golf Partners with Golf Digest
Nike Golf has partnered with Golf Digest to launch the “Tee It Up with Tiger Woods” sweepstakes promotion — providing consumers with the rare opportunity to meet and play golf with the No. 1 player in the world, Tiger Woods, at Reunion Resort in Orlando,
