West Marine, Inc. reported that net sales for the four weeks ended Feb. 22, 2003 were $31.1 million, a 12.6% increase from net sales of $27.6 million for the same period a year ago. Comparable store net sales for the four weeks ended Feb. 22, 2003 decreas (Read More)
The TJX Companies, Inc. announced net sales for fiscal 2003 were $12.0 billion, up 12% over the previous year, and consolidated comparable store sales increased 3%. For the 52-week fiscal year, net income reached $578 million and diluted earnings per shar (Read More)
Pacific Sunwear of California Inc. announced that Heidi Muther has been promoted to the position of vice president of merchandising for d.e.m.o. and that Eric Plyler has been promoted to vice president of stores for d.e.m.o... (Read More)
Pacific Sunwear of California, Inc. announced that it is increasing its store opening plans to 75 net new stores for fiscal 2003, which includes at least 10 net new d.e.m.o. stores... (Read More)
Kmart Corporation announced Wednesday that the U.S. Bankruptcy Court for the Northern District of Illinois has approved the Disclosure Statement filed in connection with the Company's First Amended Joint Plan of Reorganization... (Read More)
SportsLine.com has carved out a deal to produce the website for all of the National Collegiate Athletic Association's championship events, starting with the men's basketball tourney next month. But the deal, which runs until 2006, means that th (Read More)
Two former Kmart vice presidents indicted Wednesday for their part in Kmart's financial downfall could be just the first of a wave of executives to face criminal charges for pushing the century-old retailer into bankruptcy, experts predicted... (Read More)
Barry T. Ryan, has joined Fletcher Ltd., as Vice President of Sales and Marketing with immediate responsibilities to spearhead their new sales, marketing, and product development campaign... (Read More)
Aussie Apparel Group, Ltd. announced that it had retained Los-Angeles-based A.D.D. Marketing & Advertising to manage its promotional and marketing efforts for its recently acquired brands... (Read More)
Federated Department Stores announced a long-planned management transition and change in its top corporate management structure. Terry J. Lundgren, president/COO and CMO, has been chosen to succeed James M. Zimmerman as Federated's CEO. Zimmerman wi (Read More)
ShopKo Stores, Inc. announced the promotion of James Kratowicz to vice president of pricing, consumer information resources and e-commerce for the company's ShopKo division... (Read More)
Doug Morton fixates on all that's wrong at his company -- what will save money, improve service, sell more baseball gloves.
"In retail, you wake up every day and say, 'We have to be better than last year,'" says th (Read More)
Head N.V. announced net sales for the three months ended December 31, 2002 increased 6% to $ 135.8 million. Net income was 15% lower at $8.4 million. Net income, prior to tax and excluding foreign exchange gains and losses increased by 32% to $13.5 mill (Read More)
Recreational Equipment, Inc.(REI)declared a $38.7 million patronage refund to its active members on 2002 sales of $735 million. The cooperative also announced that, based on the 2002 results, its corporate giving commitment will increase by 80% to $1.8 mi (Read More)
adidas embarks on a new national branding campaign beginning this month. The campaign uses color to capture the raw emotions of sport and layers it with the 3-stripes, the authentic symbol of sport... (Read More)
The Gart/TSA deal announced last week is expected to generate $2.5 billion in total retail sales. Assuming an average 45% margin on goods and 7% in private label sales, we would expect about $1.3 billion in wholesale dollars to be shipped in 2003. Conse (Read More)
Illegal shipments of clothes and fabric from China are cheating the U.S. government out of millions of dollars and costing American workers their jobs, say industry and government sources... (Read More)
Oakley is known for making quality sunglasses for serious athletes. Oakley is also known for making sunglasses with $100-$300 price tags, which has hurt the Foothill Ranch company in this soft economy where consumers are looking to save a buck... (Read More)
Imports of Chinese-made textile products more than doubled in the United States in 2002, surpassing Mexican textile imports for the first time in eight years, according to trade figures released last Thursday... (Read More)
Sports shoe giant Yue Yuen Industrial (Holdings) Ltd on Monday unveiled ambitious plans to move into the sportswear manufacturing market... (Read More)