HanesBrands to Take Charge to Reduce Debt
HanesBrands announced it will use its strong cash position to reduce long-term debt this year by another $250 million and reduce interest expense in 2013 by prepaying half of its $500 million of 8 Percent Senior Notes Due 2016 a year earlier than original
Teva to Ramp Up Marketing in Digital Push
Teva is discontinuing its title sponsorship of the formerly named Teva Mountain Games after 11 years so that it can increase its spending on digital marketing by 40 percent over the next three years, company Founder and President Joel Heath told The Sport
Finish Line Partners with Sports Illustrated
The Finish Line, Inc. will exclusively offer the “Sports Illustrated Presents: Enduring Sportsmen” collectors issue free to customers who make a $75 purchase at all Finish Line stores starting Dec. 1, while supplies last. Also, customers who o
PacSun Returns to Profitability in Q3
Pacific Sunwear of California, Inc. reported net sales for the third quarter of fiscal 2012 ended Oct. 27 were $228.4 million versus net sales of $226.8 million a year ago. Same-store sales increased 1 percent during the period…
Stage Stores November Comps Increase 13.2 Percent
Stage Stores, Inc. reported that total sales for the four week November period ended Nov. 24 increased 16.4 percent to $141 million, up from $121 million in the prior-year comparable period ended Nov. 26, 2011. Comparable store sales for the November peri
Boardworks Surf COO Rief Retires
Boardworks Surf said Bob Rief had stepped down as chief operating officer after four and a half years in the post to retire. Company owner Mike Fox will be taking over all COO responsibilities…
Bon-Ton Comps Down Slightly in November
The Bon-Ton Stores, Inc. reported comparable store sales in the four weeks ended Nov. 24 decreased 0.1 percent. Total sales decreased 0.8 percent to $301.3 million in the current year compared with $303.6 million in the prior year period…
Stein Mart Comps Surge 7.1 Percent in November
Stein Mart, Inc. (SMRT) reported comparable store sales for the four-week period ended Nov. 24, 2012 increased 7.1 percent. Total sales for the period were $109.8 million, an increase of 7.5 percent from $102.1 million in the same period in 2011…
LeBron Claims Top NBA’s Jerseys Spot
Reigning NBA Finals MVP LeBron James of the Miami Heat reclaimed the No.1 spot on the NBA top-selling jerseys list and the New York Knicks are the top-selling team for the first time since December 2004…
The Buckle’s Comps Dip in November
The Buckle, Inc. reported comparable store net sales for the four-weeks ended Nov. 24, 2012 decreased 0.1 percent from comparable store net sales for the four-week period ended Nov. 26, 2011…
Costco Reports U.S. Comps Rose 6 Percent Ex-Fuel in November
Costco Wholesale Corporation reported net sales of $8.15 billion for the four weeks ended Nov. 25,2012, up nine percent from the similar four-week period last year. Excluding the impact of rising fuel prices and exchange rates, same-store sales in the Uni
TJX Same Store Sales Rise 3 Percent in November
The TJX Companies, Inc. reported sales for the four-week period ended Nov. 24 were $2.2 billion, up 7 percent over the $2.0 billion achieved during the four-week period ended Nov. 26, 2011. Consolidated comparable store sales for the four-week period incr
Kohl’s Comps Drop in November
Kohl’s Corp reported that for the four-week month ended Nov. 24, total sales decreased 4.9 percent and comparable store sales decreased 5.6 percent…
Black Diamond Fills Key Apparel Post, Three Other Positions
Black Diamond, Inc. has filled four newly created positions to bolster its operational and sales teams, both domestically and internationally. Among them is Martijn Linden, who was named design director of apparel…
Ross Stores’ Comps Increase Slightly
Ross Stores, Inc. reported that sales increased 6 percent to $813 million for the four weeks ended Nov. 24, up from $765 million in sales for the four weeks ended Nov. 26. Comparable store sales for the month grew 2 percent on top of a 5 percent increase
