May Company January Comps Decrease 4.4%
The May Department Stores Company reported preliminary net sales of $655 million for the four-week period ended Feb. 1, 2003, a 2.5% decrease from $671 million in the similar four-week period last year. Store-for-store sales decreased 4.4%…
Value City January Same-Store Sales Decrease 6.4%
Value City Department Stores, Inc. announced total sales for the four weeks ended February 1, 2003, increased 3.2% to $118.2 million from $114.6 million for the four weeks ended February 2, 2002. The company's same store sales decreased 6.4% for the
Wal-Mart January Comps Up 2.3%
Wal-Mart Stores, Inc. reported net sales for the four-week period ending January 31, 2003, of $17.391 billion, an increase of 12.9 percent over the $15.399 billion in the similar period in the prior year. Total U.S. comparable store sales were up 2.3%…
Target Corp. Extends Retail License Agreement with Cherokee
Cherokee Inc. announced that Target Corporation has exercised their option to extend their agreement for the Cherokee brand through January 2005…
AAMI Signs Agreement with Nations Best Sports
American Ammunition, Inc. has announced that it has been approved as a vendor for Nations Best Sports assured payment program, which guarantees payment of all its individual members…
OR Show Crash Kills One, Critically Injures Three
The long-awaited wintry blast that swept across the Salt Lake City region on Sunday was a much needed boost for the local ski operators that hoped to salvage a season, but the snow storm that greeted many of us on Sunday morning at the Outdoor Retailer Wi
Department Stores Reinvent Themselves in Effort to Remain Relevant
Wider aisles, centrally located cash registers, and new brands greet customers of Sears, Roebuck and Co. The Hoffman Estates, Ill.-based merchant is one of many retailers reeling from recession and hoping to turn things around this year…
John Henderson Named President of Sag Harbor
John R. Henderson has been named president of Sag Harbor, a Kellwood Company, according to Marty Brody, chief executive officer of Sag Harbor…
Jones and Wills Take Direct Control of Parisian
Retailer Saks Incorporated announced that in addition to his role as President and CEO of Saks Department Store Group, George Jones has assumed operating leadership of Parisian, SDSG's specialty department store division. Kevin Wills has been promot
Wilansky Named CEO at Filene’s Basement
Value City Department Stores announced the appointment of Heywood Wilansky as President and CEO to head Filene's Basement Inc…
Quiksilver Makes Senior Executive Promotions
Quiksilver Inc. announced several executive promotions for the company's domestic business. Greg Ziegler, formerly executive vice president of operations, becomes chief operating officer. The copany also named presidents of its men's and women&
InSport International Rebrands Corporate Identity
Seeking to invigorate its position as the leading specialized manufacturer of athletic apparel, InSport International released its new brand identity to the trade last week during the Outdoor Retailer Show…
Oakley Announces Iacon Expansion Plans and the Promotions of Key Personnel
Oakley Inc. announced 2003 expansion plans for Iacon Inc., the company's wholly owned specialty sunglass retailer. The company also announced the promotion at Iacon of Pete Siegle, Greg Wicklman and Rudy Esquivel…
Mr. Rags Files Chapter 11…
California-based Mr. Rags Acquisition Inc. has filed for Chapter 11 bankruptcy protection. A private investment firm bought the 114 store teen retailer last spring from Claire’s Stores…
Quiksilver Expands CapEx Budget in 2003…
Quiksilver Inc. announced in an SEC filing last week that it expects $35 million to $40 million in capital expenditures in fiscal 2003 ending October 31, 2003. Fiscal 2002 capital expenditures were $22.2 million, compared with $22.6 million in fiscal 200
