Kohl’s Sees 7.2% Drop in May Comps

Kohl’s Corporation saw net sales increase 1.2% to $1.21 billion from $1.19 billion last year. On a comparable store basis, sales decreased 7.2%. For the 17 weeks ended May 31, 2008, total sales were up 1.4%, but were down 6.8% on a comparable store basis.

Ross Stores Report 7% May Comps Increase

Ross Stores, Inc. recorded a 7% rise in same store sales for fiscal May. Net sales increased 14% for the period to $513 million from $450 million last year. For the year-to-date period, sales totaled $2.07 billion, an 11% increase over the $1.86 billion i

West 49 Sees 8.1% Q1 Comp Decline

West 49 Inc., the Canadian action sports chain, reported first quarter revenues fell 5.1% to $38.9 million ($38.1 million) from $41 million (40.2 million). Comparable store sales were down 8.1% on a consolidated basis and down 7.4% for the core West 49 ba

Wal-Mart’s May Comps Climb 4.4%

Wal-Mart Stores, Inc. reported total comparable store sales rose 3.9%. Comps rose 4% at the Wal-Mart chain and 3.6% at Sam's Club. Comparable store sales in the Wal-Mart U.S. segment during the four-week May period were strong in grocery, health and

BJ’s May Comps Rise 13.4% on Gas Boost

BJ’s Wholesale Club, Inc. saw net sales increase by 15.9% to $824.3 million from $711.0 million in May 2007. On a comparable club basis, sales for May 2008 increased by 13.4%, including a contribution from sales of gasoline worth 6.6%…

New Balance Restructures Lifestyle Unit

New Balance Athletic Shoe, Inc. recently restructured its Lifestyle category. The restructuring included the promotion of Joe Casagrande to General Manager, Lifestyle and the hiring of Steve Gardner, Strategic Business Unit Manager, Lifestyle…

Target May Comps Slip 0.7%

Target Corporation net sales increased 5.5% in May to $4.564 million from $4,325 million for the four weeks ended June 2, 2007. On this same basis, May comparable store sales decreased 0.7%…

NSGA: Sporting Goods Sales to Be Flat in 2008

Retail sales of sporting goods, including footwear, apparel and equipment, are expected to be just below flat to last year by the National Sporting Goods Association (NSGA). Sales are forecast to reach $53.4 billion for 2008, down slightly from the $53.5

TaylorMade and Nickent Golf Reach Settlement

TaylorMade-adidas Golf Company and Nickent Golf reached a settlement concerning claims made by Nickent in print and television advertising and on its website.TaylorMade filed the lawsuit against Nickent in response to claims made in Nickent's recent

Sport Chalet to Sponsor the Lakers

Sport Chalet, Inc. announced it has inked an exclusive sponsorship agreement with the Los Angeles Lakers. The three-year agreement makes Sport Chalet the “Official Sporting Goods Retailer of the Los Angeles Lakers” commencing with the 2008-09 season and r

Coleman Removes ‘Interim’ From CEO…

After a nine month search process, Jarden Corp. has named Sam Solomon as President and CEO of The Coleman Co.. Solomon had been serving as interim president and CEO since September 2007, when he replaced Gary Kiedaisch…

Ahnu Takes Responsibility For its Footprint Seriously

When Ahnu Footwear was launched in 2007, concerns for the environment and social responsibility ranked as high as innovative product design. The mythological Celtic goddess of balance and well-being inspires the Ahnu brand name, and company co-founder Jim