Sears, Roebuck and Co. announced that comparable domestic store revenues decreased 3.6% for the four weeks ended Nov. 29, 2003. Total domestic store revenues were $2.5 billion for the four-week period in November 2003, down 3.2% compared with the four we
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Feeding Frenzy At Wal-Mart Produces 5.7% Rise in November Comp
Wal-Mart Stores reported net sales for the four-week period ending November 28, 2003, of $21.657 billion, an increase of 11.2 percent over the $19.471 billion in the similar period in the prior year. Sales for the forty-three week period were $203.969 bi
Ross Stores November Comps Grow 5.0%
Ross Stores, Inc. reported that sales grew 15% to $364 million for the four weeks ended November 29, 2003. These results were on top of a 12% increase for the four weeks ended November 30, 2002, when sales totaled $316 million. Comparable store sales for
Amerex Names McVey Designer for Gerry Sportswear Group
Amerex Group Inc. announced that it has hired Kathleen McVey, noted performance apparel designer for its Gerry, Mambosok, and Bombshell brands. Ms. McVey joins Amerex Group from London Fog Industries where she was the senior designer for Moonstone Mounta
Garmont to Distribute Silvretta In NA
Garmont North America will be the North American distributor of Silvretta free-ride and ski mountaineering bindings starting January 2004. According to John Schweizer, president of Garmont North America, “Silvretta was looking for a strong partner to lau
Niemira Leaves BT-M For ICSC Research Post
The International Council of Shopping Centers has announced that Michael P. Niemira will be joining ICSC as Chief Economist and Director of Research, effective Monday, December 15, 2003. Most recently, Mr. Niemira was the Vice President and Senior Economi
NRF Report Sees Retail Execs Waver…
The latest Executive Opinion Survey conducted by the National Retail Federation (NRF) and the Bank of Tokyo Mitsubishi Ltd. (BTM) indicates that retail executives have backed off of their enthusiastic outlook for demand at retail…
Sibley’s to Shut Down Operations…
Sibleys Shoes Inc., a key bellwether retailer for urban footwear trends in the Detroit market, said Wednesday that it will close its 29 retail shoe stores in Michigan and Ohio. The closures would signal the end of an 83 year run that started with a singl
Fila Names Burch Global Communications Head
Sport Brands International has named Fila USA's current SVP Marketing, Howe Burch to SVP Global Communications and Sports Marketing for Fila. In his new role, Mr. Burch will develop and oversee an integrated global marketing communications and sport
JC Penney Completes Mexico Divesture
J. C. Penney Corporation, Inc. and its subsidiary, J. C. Penney Mexico, Inc., announced Monday that it has successfully completed the sale of its six Mexico department stores to Grupo Sanborns S.A. de C.V. of Mexico City. The sale transaction, which was a
Canari Covers Hawaii
Canari Cycle Wear is pleased to announce the appointment of Tom Kern as the company's sales rep for Hawaii…
Galyan’s Trading Outdoor for Athletic in New Retail Model as Q3 Loss Widens…
In a move that is a sharp departure from its long-held position that it is NOT a sporting goods store, in appears that Galyan’s Trading Company has finally come to the conclusion that they are what most people say they are – a big box sporting goods retai
Genesco Adds Nike to Mall Mix…
Genesco is tapping into the renewed focus on athletic in the mall, deciding to add Nike to their broad breadth of footwear suppliers at Journeys and Underground Station. The company said it will add Nike to a “majority” of Underground Station stores and
Novak Joins Mountainsmith as VP Sales
Peter Novak has been named as Vice President of Sales for Mountainsmith, the Colorado-based innovator of cutting-edge packs, bags, and luggage. Novak, who was most recently with Royal Robbins as National Sales and Marketing Manager for their 5.11 Tactica
NSGA Lands Strong Group for Conference Footwear Panel
The NSGA has put together an outstanding footwear panel this year for the 40th Annual NSGA Management Conference, which will be held May 16-19, 2004, at the Hilton Head Marriott Beach & Golf Resort. Marshal Cohen, Co-President of NPD Fashionworld, will p