Dillard’s Reports 5% May Comp Store Sales Decline
Dillard's, Inc. announced that sales for May 2004 were $511.4 million compared to sales for the four weeks ended May 31, 2003 of $536.6 million. Total sales decreased 5% for the four-week period and comparable store sales decreased 5% for the four-we
Bon-Ton May Comps Increase 2.6%
The Bon-Ton Stores total sales for the four weeks ended May 29, 2004, increased 86.2% to $95.1 million, including $42.3 million from the acquired Elder-Beerman stores, compared to $51.1 million for the same period last year. Bon-Ton comparable store sales
May Comps Climb 2.9% at Federated
Federated Department Stores total sales were $1.172 billion for the four weeks ended May 29, 2004, an increase in total sales of 3.3 percent compared to total sales of $1.136 billion in the same period last year. On a same-store basis, Federated's Ma
TJX May Comps Increase 5%
The TJX Companies May 2004 sales for the four-week period ended May 29, 2004, were $1.1 billion, up 13% over the $975 million achieved during the four-week period ended May 31, 2003. Consolidated comparable store sales for the four-week period ended May 2
Forzani Q1 Net Earnings Jump 38% Despite Weaker Comps
The Forzani Group Ltd. reported that retail system sales for the first quarter ended May 2 grew by 2.8% to C$227.7 million compared to C$221.6 million for the year-ago period. Combined revenues from corporate and franchise divisions increased 3.3% over Q1
Dagger and Yakima Sponsor Clif Bar’s ‘Natural Energy Tour’
Dagger and Yakima have signed up as Premier level sponsors for this summer's Clif Bar “Natural Energy Tour” to spread the word about renewable energy and the reduction of global warming. Clif Bar will send a retrofitted bus run entirely on biodiesel
American Eagle May Comps Jump 11.4%
American Eagle Outfitters total sales for the four-week period ended May 29, 2004 increased 20.1% to $117.3 million, compared to $97.6 million last year. Comparable store sales for the American Eagle Outfitters stores increased 11.4% for the May period. C
Elsey Resigns as Footwear Specialties Chief
Wayne Elsey has resigned from Footwear Specialties International after a five year stint as President and CEO. FSI is the parent company to Nautilus, SkidBuster and Third Watch Footwear. “The company and people are poised for positive growth in the indust
New Era’s De Waal Named to Caps for Kids Board
New Era Cap Co. announced that John De Waal, Vice President of Global Marketing, was appointed membership on the National Advisory Board for Caps for Kids, a charity organization dedicated to providing celebrity-autographed caps for children undergoing ca
New TSA Getting Closer to the Gart Model…
Doug Morton, vice chairman and CEO of The Sports Authority, will temporarily assume the chief merchant role as the retailer looks for a replacement for Elliott Kerbis after the president and chief merchant resigned last week. Morton pointed to five “very
SGMA: Solo Sports Appeal To U.S. Men
When it comes to athletic activities, American men prefer individual sports over group/team endeavors. According to SGMA International's recent analysis of the Superstudy® of Sports Participation (conducted by American Sport
Cabela’s Keeps the Momentum Going…
Cabela’s continues to see its Retail business capture a larger part of a fast-growing business as the big-box outdoor recreation retailer prepares for its pending IPO. Cabela’s is poised to partake of the same success experienced by rival Gander Mountain
Outlast Acquires Frisby Assets; Litigation Continues…
After nearly three years of legal battles over patent infringement between Outlast Technologies and Frisby Technologies over the rights to “Phase Change Materials”, Outlast has bought substantially all of the assets of its competitor…
Currency FX Rates Limit Rossignol’s Full Year Sales…
Rossignol closed the books on the company’s 2004 fiscal year, which ended in March, reporting a 1.1% decline in sales when measured in Euros, down from €484.9 million ($482.0 mm) in 2003 to €479.4 million ($563.7 mm) for the past year. With over half of i
Deckers Uses Stock Sales to Clean Up Balance Sheet; Pays Off Thatcher Early…
Deckers Corp. has completed the sale of 1.5 million company shares for net proceeds of $35.2 million, and has used the proceeds to substantially eliminate company debt. Deckers paid in full its $7 million subordinated note issued to the Peninsula Fund, an