Macy’s Appoints New President
Macy’s Inc. announced several changes intended to improve the company’s performance, including the hiring of Hal Lawton as president, the creation of a single simplified merchandising organization and an enhanced focus on the company’s data analytics capabilities.
Patagonia Runs First TV Ad In Support Of Public Lands
Patagonia is planning to run first-ever television commercial in its 45-year history to urge support for protecting America’s public lands.
L.L.Bean Boosting Boot Production
L.L. Bean opened a new manufacturing center in Lewiston, ME and unveiled a new $1 million injection molding machine to support ongoing demand for its iconic duck boot.
Dick’s Sporting Goods Donates $500000 To Little League Programs
The Dick’s Sporting Goods Foundation’s Sports Matter program announced a five-year, $500,000 commitment to Little League Baseball and Softball, in support of its local districts and leagues across the country.
Nike’s CEO Condemns Racism In Companywide E-Mail
Nike Inc. CEO Mark Parker sent an e-mail to employees on Thursday night condemning the racism, bigotry and fatal violence displayed in Charlottesville, VA.
Report Finds Participants Benefit From Girls On The Run
A recent independent study, conducted by Maureen R. Weiss, Ph.D., a leading expert on youth development, showed that the program is highly effective at driving transformative and lasting change in the lives of third to fifth grade girls.
DTLR Merges With Villa
The merged company has a significant geographic reach with nearly 240 stores covering 19 states and the District of Columbia, spanning the East Coast from New York to Florida, the Midwest, the Southeastern U.S. and Texas.
Hibbett Sports Cuts Outlook After Double-Digit Q2 Comp Sales Decline
Posts loss in the second quarter as net sales decrease 9.2 percent to $188 million and comparable store sales decrease 11.7 percent in the period.
Foot Locker Inc. Posts Ugly Q2 Results As Comps Fall 6 Percent
Total sales decreased 4.4 percent to $1.7 billion in the quarter ended July 29, 2017.
Sportsman’s Warehouse Beats Q2 Profit Outlook
Same-store sales decreased by 9 percent and net sales increased by 0.9 percent to $191.5 million in the fiscal second quarter.
U.S. E-Comm Sales Surge 16.3 Percent In Second Quarter
According to data from SSI Data, the internet delivered 16.5 percent of active lifestyle product sales generated in the calendar second quarter of 2017, up from 15.8 percent in Q2 2016.
Bon-Ton Sales Fall in Q2 Despite Double-Digit Omni-Channel Gains
Comparable store sales decreased 6.1 percent in the second quarter of fiscal 2017
Stage Stores Raises Guidance Despite Q2 Loss And Weak Comps
The retailer saw sequential improvement during the quarter that culminated with comparable sales turning positive in July
Walmart Q2 Sales Beat Estimates As Online Business Jumps 67 Percent
The biggest lift came from organic growth at Walmart.com, which posted 60 percent sales growth in the quarter
The Buckle Sees Q2 Comps Sink 7.7 Percent
Net sales decrease 7.8 percent to $195.7 million with online sales decreasing 4.5 percent
