Famous Footwear Swings to Q4 Profit on Largest Comp Gain in Over a Decade
Famous Footwear’s fourth quarter sales grew 9.7% to $342.7 million, driven by a 9% comp store sales increase that represented its largest quarterly gain in more than a decade…
Foot Locker Inc. Returns to Profitability; Sales Trends Improving
Foot Locker, Inc. reported that 2009 fourth quarter comp store sales decreased 2.3%, dragged down by a mid-double-digit decline at its U.S. store operations…
February Outdoor Sales Mostly Fueled by Snow
Fiscal 2010 started off strong for outdoor and snow sports sales across the country with several positive factors converging to drive consumers into retail shops. While many industry analysts are pointing to the Olympics as a major growth vehicle, it is h
Luxottica Slides in Fourth Quarter, but Oakley Shows Increases
Luxottica, which is the parent of Oakley and Sunglass Hut, reported consolidated sales were €1.15 billion ($1.71 bn) for the 2009 fourth quarter, down 6.4% (4.9% in constant-currency terms) from €1.23 billion ($1.62 bn) in the prior-year perio
OIWC Sees 20 Reg’l Events in 2010
The Outdoor Industry Women’s Coalition, which is dedicated to helping women in the outdoor industry advance their careers, is hosting nearly 20 regional events in 2010 with a focus on six regions that are home to a concentration of outdoor companies
Acushnet to Appeal Tokyo Court Ruling
The Acushnet Co., the parent of Titleist, FootJoy and Cobra, plans to appeal a Tokyo court's decision that its Japanese division infringed on the copyrights of Japan's Bridgestone Sports Company with its Titleist balls…
ICSC: February U.S. Chain Store Sales Much Better Than Expected
The International Council of Shopping Centers reported that U.S. chain store sales in February rose by a strong 3.7% on a comparable store basis, or much better than its expectation. The February showing was the strongest since November 2007 (+4.9%), whic
Costco Sees 5% Comp Increase in February
Costco reported net sales of $5.61 billion for the four weeks ended Feb. 28, 2010, an increase of 11% from $5.06 billion in the same four-week period of the prior fiscal year. Comparable-store sales in the U.S. rose 5%…
Stein Mart Sales and Comps Plunge in February
Off-price fashion merchandiser Stein Mart, Inc. said sales for the four weeks ended Feb. 27 declined 11.4% on a 9.3% decline in comp store sales…
February Comps Inch Up 0.5% at Bon-Ton
The Bon-Ton Stores, Inc. said comparable store sales for the four weeks ended Feb. 27, 2010 increased 0.5%. Total sales for the four weeks decreased 0.1% to $199.9 million compared with $200.2 million for the prior year period…
February Comps Up 3.7% at Kohl’s
Kohl’s Corporation said total sales for the four-week month ended Feb. 27, 2010 increased 7.8% over the four-week month ended February 28, 2009. On a comparable store basis, sales increased 3.7%…
Nordstrom’s February Comps Up 10.3%
Nordstrom, Inc. reported a 10.3% increase in same-store sales for the four-week period ended Feb. 27, 2010 compared with the four-week period ended Feb. 28, 2009. Preliminary total retail sales of $539 million for February 2010 increased 14.5% compared wi
Macy’s Same Store Sales Jump 3.7%
Macy's reported a better-than-expected rise in February same-store sales Thursday, and the department-store operator said sales would have been even stronger if it weren't for the winter storms that rocked the East Coast…
Saks’ February Comps Rise 2%
Saks Inc. announced that owned sales totaled $171.8 million for the four weeks ended Feb. 27, 2010 compared to $166.6 million a year ago, a 3.1% increase. Comparable store sales increased 2.0% for the month…
Nike Names Hilary Krane to General Counsel
Nike Inc. announced that Hilary Krane is joining the company as vice president and general counsel. Krane, 46, joins Nike from Levi Strauss & Company, where she had worked since 2006 as executive vice president, general counsel and corporate affairs…
