Kohl’s November Comps Continue Downward Trend
Kohl's Corporation reported that sales for the four week
period ended November 29, 2003 increased 9.3% over the four week period ended November 30, 2002. On a comparable store basis, sales decreased 4.4%. Year-to-date same-store sales are down 1.6%
Saks Inc. Reports 6.7% November Comp Sales Gain
Retailer Saks Incorporated announced that total sales for the four weeks ended November 29, 2003 increased 7.6% and comparable store sales increased 6.7% on a total company basis. By segment, comparable store sales increased 3.7% for SDSG and increased 11
Sims Hires New Design Director Matt Hexemer
Following six successful years as partner/design director at the industrial design firm “Generator Design Solutions Inc.” Matt Hexemer has accepted the position of Design Director with Sims Snowboards. “Matt has provided the
04/05 “Sims” boot and “Link”
WHAM-O Acquires Rocky Mountain’s Inflatable Tube Business
WHAM-O, Inc. has acquired the inflatable tube activities from Washington-based Rocky Mountain, Inc., making WHAM-O the exclusive licensee for SEA-DOO(a) and SKI-DOO(a) inflatable water and snow tubes, towables, islands and pool products. Rocky Mountain&#
The Bon-Ton Announces CEO Succession Plan
The Bon-Ton Stores, Inc. announced Tim Grumbacher, Chairman and Chief Executive Officer of The Bon-Ton Stores, Inc., intends to step down as chief executive officer by mid-2004. This is consistent with the company's on-going succession planning proce
Amerex Names McVey Designer for Gerry Sportswear Group
Amerex Group Inc. announced that it has hired Kathleen McVey, noted performance apparel designer for its Gerry, Mambosok, and Bombshell brands. Ms. McVey joins Amerex Group from London Fog Industries where she was the senior designer for Moonstone Mounta
NSGA: Sporting Goods October CPI Turns Positive
The most recent data from the Bureau of Labor Statistics showed the Sporting Goods CPI Index at 101.8 for October, up 0.3% versus the October 2002 index. This is the first time the Index has been positive in more than five years, since February 1998, to b
Johnson Outdoors Appoints New Diving Head
Johnson Outdoors has appointed Joseph B. Stella to head its $78 million global diving business. As Group Vice President – Global Diving, Stella will be responsible for development and growth of the Company's well-known Scubapro and Uwatec brands worl
Garmont to Distribute Silvretta In NA
Garmont North America will be the North American distributor of Silvretta free-ride and ski mountaineering bindings starting January 2004. According to John Schweizer, president of Garmont North America, “Silvretta was looking for a strong partner to lau
New Sports Authority Beats Q3 EPS Estimates on 1.7% Comp Sales Gain
The Sports Authority, Inc. reported that third quarter comparable store sales for the combined company increased 1.7% from last year's combined company results. The net loss of $7.7 million, or $0.31 per share, includes the effect of after-tax, merg
Vans Opens European Flagship Store in London
Vans, Inc. announced that the company's European flagship store, located at 47 Carnaby Street in London, will open on December 6 in the popular Carnaby Street shopping district. The 3,500 square foot store will feature men's and women's foo
Niemira Leaves BT-M For ICSC Research Post
The International Council of Shopping Centers has announced that Michael P. Niemira will be joining ICSC as Chief Economist and Director of Research, effective Monday, December 15, 2003. Most recently, Mr. Niemira was the Vice President and Senior Economi
Canari Adds Tim Jackson To Its Flock
Canari Cycle Wear continues to strengthen its rep team, this time with the announcement of Tim Jackson…
Let’s Hope the Season Can Live Up to All the Hype…
While analysts are debating whether or not this Christmas will be a blockbuster year, the American consumer is speaking out and saying that they are ready to spend. Through a flurry of early holiday polls, customers have told retailers that they are going
NRF Report Sees Retail Execs Waver…
The latest Executive Opinion Survey conducted by the National Retail Federation (NRF) and the Bank of Tokyo Mitsubishi Ltd. (BTM) indicates that retail executives have backed off of their enthusiastic outlook for demand at retail…