Dillard’s Sees August Comps Fall 14%
Dillard's, Inc. announced that merchandise sales for the four weeks ended August 29, 2009, were $431.1 million, compared to sales for the four weeks ended August 30, 2008, of $500.8 million. Total sales decreased 14%. Sales in comparable stores decre
TJX’s August Comps Climb 5%
The TJX Cos., Inc., the parent of TJ Maxx and Marshalls, reported sales during August reached $1.6 billion, up 6% over the $1.5 billion achieved in the same month a year ago. Consolidated comparable store sales increased 5%…
Target Comps Slip 2.9% in August
Target Corporation net retail sales for the four weeks ended August 29, 2009 were $4.86 billion, an increase of 0.1% from $4.85 billion for the four weeks ended August 30, 2008. On this same basis, August comparable-store sales decreased 2.9%…
SGMA: Outside Factors Impacting Team Participation
The popularity of traditional team sports in the U.S. is being undermined by four key issues: the struggling U.S. economy, the emergence of developing sports, overall declines in “pickup” play, and a rising interest in single-sport specialization. That co
G-III Apparel Shrinks Q2 Loss
G-III Apparel Group Ltd. posted a narrower fiscal second-quarter loss as revenues surged and the stronger performance from its dress and sportswear business offset seasonal losses in its Wilsons retail outlet business…
Payless Partners on Russian Retail Stores
Collective Brands Inc. is expanding its Payless ShoeSource retail chain into Russia. Payless plans to open stores beginning in 2010 in Russia with franchise partner M.H. Alshaya…
Spyder Hires Russ Rowan as VP of Sales and Marketing
Russ Rowan has been named vice president of sales and marketing for Spyder Active Sports. Rowan’s background includes tenure at other worldwide performance apparel and action sport brands such as Helly Hansen, Burton, and O’Neill…
TAF Opens 50th Store in Mexico
NexCen Brands, Inc. announced the opening of the 50th TAF franchised store in Mexico. The store opened under an existing master franchise agreement, signed in January 2001, which provides for the opening of an unlimited number of stores in Mexico over a 9
Foot Locker Launches Internet Television Channel
Foot Locker plans to launch an exclusive, interactive, ad-supported Internet television channel that will be available for viewing on Foot Locker's web site at www.FootLocker.com later this fall. FootLockerOnlineTV will showcase custom video programm
U.S. Census Bureau: June SG Store Sales Continue Fall
For the fifth consecutive month, the Monthly Retail Trade Survey, prepared by the U.S. Census Bureau, reported a drop in sales in sporting goods stores. Sales fell 3.1% in June after dropping 4.3% in May, 1.0% in April, 2.2% in March and 1.8% in February.
Nike Sells Ownership of United Soccer Leagues
Nike Inc. has sold its majority ownership stake in the United Soccer Leagues to Atlanta-based NuRock Soccer Holdings LLC. In conjunction with the deal, Nike said it has reached a long-term agreement with the USL in which its Umbro brand will be the league
DSW Second Quarter Net Down, But Beats Estimates; Raises Fiscal Year Outlook
DSW Inc.'s second-quarter profit fell 31% on falling margins and higher costs, but the drop was less than analysts expected and comp declines slowed. As a result, the off-price shoe chain boosted its earnings target for the year to a range or 37 cent
Sport Supply Group Sees Fiscal Q4 Earnings Up; Top Line Dips on Catalog Business
Cost-cutting efforts and strength from the team dealer business boosted fiscal fourth quarter earnings growth for Sport Supply Group, Inc., but top line revenues slipped 2.3% to $59.7 million for the period ended June 30 from $61.1 million in the year-ago
Billabong Sees FY Earnings Crippled by U.S
Billabong International Ltd. saw top line growth for the fiscal year ended June 30 boosted by acquisitions and a weaker Australian dollar versus the U.S. dollar and euro, but earnings slid on a non-cash impairment charge in retail assets. That charge of
Nike Sells Ownership of Soccer League
Nike Inc. said it has sold its majority ownership stake in the United Soccer Leagues to Atlanta-based NuRock Soccer Holdings LLC. In conjunction with the deal, Nike said it has reached a long-term agreement with the USL in which its Umbro brand will be th
