ShopKo Stores, Inc. reported consolidated sales for the four weeks ended February 1, 2003 were $193.0 million, 2.8 percent lower than the $198.7 million reported for the same period last year. Consolidated comparable store sales declined 2.6%…
Tag: Supplier
Famous Footwear January Comps Down 6.1%; BWS Ups 2002 Guidance
Brown Shoe Company, Inc. raised its full-year earnings guidance to $2.48 to $2.50 per share, from its previous guidance of $2.35 to $2.40 per share. The increased full-year guidance results from better-than-anticipated margins in January, higher wholesal
Sears January Same-Store Sales Decrease 8.0%
Sears, Roebuck and Co. announced total domestic store revenues for the four weeks ended February 1, 2003 were $1.6 billion, a 6.3 percent decrease compared with the four weeks ended February 2, 2002. Comparable domestic store revenues decreased 8.0%…
Target Corp. January Comps Down 0.4%
Target Corporation reported that its net retail sales for the four weeks ended February 1, 2003 increased 7.7% to $2.738 billion from $2.543 billion for the four-week period ended February 2, 2002. Comparable-store sales decreased 0.4% from January 2002..
May Company January Comps Decrease 4.4%
The May Department Stores Company reported preliminary net sales of $655 million for the four-week period ended Feb. 1, 2003, a 2.5% decrease from $671 million in the similar four-week period last year. Store-for-store sales decreased 4.4%…
AAMI Signs Agreement with Nations Best Sports
American Ammunition, Inc. has announced that it has been approved as a vendor for Nations Best Sports assured payment program, which guarantees payment of all its individual members…
OR Show Crash Kills One, Critically Injures Three
The long-awaited wintry blast that swept across the Salt Lake City region on Sunday was a much needed boost for the local ski operators that hoped to salvage a season, but the snow storm that greeted many of us on Sunday morning at the Outdoor Retailer Wi
Jones and Wills Take Direct Control of Parisian
Retailer Saks Incorporated announced that in addition to his role as President and CEO of Saks Department Store Group, George Jones has assumed operating leadership of Parisian, SDSG's specialty department store division. Kevin Wills has been promot
Quiksilver Makes Senior Executive Promotions
Quiksilver Inc. announced several executive promotions for the company's domestic business. Greg Ziegler, formerly executive vice president of operations, becomes chief operating officer. The copany also named presidents of its men's and women&
InSport International Rebrands Corporate Identity
Seeking to invigorate its position as the leading specialized manufacturer of athletic apparel, InSport International released its new brand identity to the trade last week during the Outdoor Retailer Show…
Mr. Rags Files Chapter 11…
California-based Mr. Rags Acquisition Inc. has filed for Chapter 11 bankruptcy protection. A private investment firm bought the 114 store teen retailer last spring from Claire’s Stores…
Head Consolidates Winter Sports Operations
Head N.V. announced a two-stage process to consolidate offices and warehousing in the U.S. The Head Tyrolia Wintersports business will move to Norwalk, CT and the company's Winter warehouse will be consolidated into the new, larger, state-of-the-art
Malden Strikes Initial Deal on Chapter 11 Exit
Malden Mills Industries, Inc. announced that the company, the agent for its senior lending group, and its unsecured creditors' committee have agreed in principle to terms for a consensual plan of reorganization…
Sports Supply Group Narrows Q3 Loss; Sales Up 8.6%
Sport Supply Group, Inc. announced revenues for the three months ended December 27, 2002 increased 8.6% to $18.5 million. Net loss for the quarter was ($2,358,809) as compared to ($3,695,055) for the comparative quarter last year…
Russell Acquires Bike Athletic Company
Russell Corporation announced that it had reached an agreement to acquire Bike Athletic Company for $16.25 million. It is anticipated that the U.S. Bankruptcy Court for the Eastern District of Tennessee will approve the agreement in the next few days…