Ross Stores Oct. Comps Down 2%
Ross Stores, Inc. reported sales of $490 million for the four weeks ended Nov. 1, 2008, a 4% increase over the $470 million in sales for the four weeks ended Nov. 3, 2007.
October Comps Tumble 26.8% at Neiman Marcus
Neiman Marcus, Inc. reported total revenues in the month of October dropped 25.3% to $286 million from $383 million. Comps fell 26.8%. in the four-week October period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcu
West Marine Q3 Revenues Drop 4.5%
Net revenues attributable to West Marine's stores division decreased $7.5 million to $159.8 million in the third quarter ended Sept. 27, 2008, a 4.5% decrease compared to the third quarter of 2007, primarily due to a $7.5 million decrease in comparab
October Same-Store Sales Decline 15.7% for Nordstrom
Nordstrom, Inc. reported sales of $529 million for the four-week period ended November 1, a decrease of 15.5% compared with sales of $626 million a year ago. Same-store sales decreased 15.7%, compared with the same period in 2007…
Judge Dismisses Arc’Teryx Suit Against Westcomb
A Utah judge this week entered judgment in favor of Westcomb in a lawsuit filed Feb. 2, 2007, against the performance outerwear brand by cross town rival Arc’Teryx. The judge dismissed Arc’Teryx’s claim that a zipper design created by Westcomb infringed
Filson to Open Portland Store Nov. 15
Filson will open its third U.S. retail location on Saturday, Nov. 15 in Portland, Oregon's vibrant Pearl District. The 2,400 square-foot space in the historic Confectionery Building joins Filson’s first store in Seattle, where the company was founded
Golfsmith’s Q3 Sales Drop 4.5%; Earnings Sink 30%
Golfsmith International Holdings, Inc., reported third quarter sales slid 4.5% to $101.7 million compared with net revenues of $106.5 million a year earlier. Comparable store sales decreased 4.6% and net revenues from the direct channel decreased 11.6%. N
Mountain Equipment Co-op Discloses Contract Factories
Mountain Equipment Co-op, Canada's largest retail co-operative with over 2.9 million members, disclosed the names of factories that make clothing and gear under the outdoor retailer's MEC-brand label. With the move, MEC becomes the first Canadia
Zumiez October Comps Slide 13.1%; FY08 Outlook Slashed
Zumiez Inc.'s comps decreased 13.1% for the four-week period ended Nov. 1, and also slashed its forecast for full-year income to a range of 52 cents to 57 cents per share. That compares with a previous estimate of 80 cents to 82 cents per share. The
Foot Locker Closes on CCS Purchase with dELiA*s
Direct marketer and retailer dELiA*s, Inc. closed its previously announced sale of assets related to its CCS brand to Foot Locker, Inc. Upon closing, dELiA*s, Inc. received a $103.2 million cash payment from Foot Locker in exchange for all of the agreed u
Former Chairman and President Sign Deal to Purchase Boscov’s
Boscov’s Department Store LLC signed an asset purchase agreement for the sale of substantially all of its assets to a family group, reported DNR. The family group involved in the purchase is led by former Boscov chairman Albert Boscov and former president
Online Retailers Strive to Keep Offering Free Shipping
According to results of the 2008 eHoliday Study, conducted by Shopzilla for Shop.org, more than half of online retailers (56.1%) expect their holiday sales to increase at least 15% over last year. However, the rate of growth is slowing, as 77.5% of retail
J. Lindeberg USA Taps Sims as Managing Director
Gary Sims has been named managing director of J. Lindeberg USA by People's Liberation, which sells the brand in the U.S.. From 2001 through June 2007, Mr. Sims held various positions with Ashworth Inc./Callaway Golf Apparel including most recently pr
General Manager Named for Four Seasons Resort-Vail
Four Seasons Hotels and Resorts and project developer Black Diamond Resorts – Vail LLC have announced that Four Seasons veteran Hans Willimann has taken the helm as the property’s general manager…
Skechers Opens San Francisco Store
Skechers USA, Inc. opened a flagship store in the heart of San Francisco’s premier shopping area. The three-floor Skechers location is also the company’s largest concept store at 7,500 square feet. The store features 800 unique styles and can house 20,000
