West Marine Cuts Forecast on Poor Labor Day Sales

West Marine's CEO said that Labor Day weekend sales were “disappointing” and that WMAR is now running running low single-digit negative comparable store sales month-to-date in September. WMAR now expects Q3 EPS in the 37 cents to 39 cents range on s

ShopKo August Comps Increase 1.4%

ShopKo Stores, Inc. reported consolidated sales for the four weeks ended August 30, 2003 increased 1.2% to $256.2 million from $253.3 million during the same period last year. Consolidated comparable store sales increased 1.4%…

Shoe Carnival Posts 5.0% August Comp Store Gain

Shoe Carnival, Inc. reported sales for the four-week period ended August 30, 2003 increased 17 percent to $70.1 million from sales of $59.9 million for the four-week period ended August 31, 2002. Comparable store sales increased 5.1% in August 2003…

Wal-Mart August Comp Sales Up 6.9%

Wal-Mart Stores reported net sales for the four-week period ending August 29, 2003, of $19.533 billion, an increase of 13.7% over the $17.182 billion in the similar period in the prior year. Sales for the thirty week period were $140.120 billion, an incr

Wet Seal Comps Decline 10.7% in August

The Wet Seal reported net sales for the four-week period, ended August 30, 2003, of $50.4 million. This compares with net sales of $54.0 million for the same period 2002. Comparable store sales for August this year declined 10.7 percent, versus a comparab

Gap August Comps Climb 4% – up 10% YTD

Gap Inc. reported net sales of $1.22 billion for the four-week period ended August 30, 2003, which represents a 5% increase compared with net sales of $1.16 billion for the same period 2002. The company's comparable store sales for August 2003 increa

August Comps Inch Up 0.8% at Saks

Saks Incorporated announced that comparable store sales for the four weeks ended August 30, 2003 compared to the four weeks ended August 31, 2002 increased 0.8% on a total company basis. By segment, comparable store sales increased 0.7% for SDSG and incre

Abercrombie and Fitch August Comps Drop 11%

Abercrombie & Fitch reported net sales of $190.4 million for the four-week period ended August 30, 2003, a 3% increase over last year's August sales of $185.2 million. August comparable store sales decreased 11% compared with the four-week period end

DuPont Textiles Gets a New Name

DuPont Textiles & Interiors (DTI), has announced that it will be called INVISTA(TM) effective immediately. The name change represents the company's next step toward separating from its parent company and crystallizing its distinct, independent corpor

Stefan to Head Ellesse U.S. Unit

Pentland Brands plc, parent company of Ellesse International, has appointed Maria Stefan as President of Ellesse, USA. Maria will be responsible for the re-launch of the brand in the United States as a premium Italian sportswear label built on the herit

Nike Completes Converse Acquisition

Nike, Inc. has completed the acquisition of Converse, Inc. Under the final terms of the transaction, originally announced on July 9, 2003, Nike Inc. purchased 100% of the equity shares for approximately $305 million…

NSGA Retail Footwear Survey Confirms H1 Woes

According to a National Sporting Goods Association Market Survey, retail sales of athletic footwear slipped 4.4% during the six-month period, October 2002 through March 2003. Sales for the six-month reporting period were $6.24 billion versus $6.52 billion

Montbell Opens New Distribution Center

MontBell America announced that it will add a new distribution and service center in Boulder, Colorado.
The 7000 square feet facility located in Wilderness Place in Boulder will serve as a distribution and service center for its own retail operation and

Huffy Corp. Makes Leadership Changes

Huffy Corporation announced that William Smith has been named President and General Manager of Huffy Bicycle Company. Additionallu the company named James Salter to the newly created position of President, New Business Development & Acquisition Financing

American Eagle August Same Store Sales Off 10.3%

American Eagle Outfitters announced that total sales for the four-week period ended August 30, 2003 decreased 0.6% to $155.6 million, compared to $156.5 million for the four-week period ended August 31, 2002. Comparable store sales for the American Eagle