SGB Update Apparel
December Comp Sales Flat for Ross Stores
Ross Stores, Inc. saw sales of $802 million for the five weeks ended Jan. 3, 2009, a 6% increase over the $755 million in sales for the five weeks ended Jan. 5, 2008. Same store sales for the five weeks ended Jan. 3, 2009 were flat on top of a 3% increase
Nordstrom Comps Drop 10.6% in December
Nordstrom, Inc. net sales declined 8.0% for fiscal December to $1.13 billion from $1.22 billion for the year-ago period. Same-store sales for December decreased 10.6% compared with the same period in fiscal 2007…
Stein Mart December Comps Fall 9.3%, Reduces Expense Structure
Stein Mart, Inc. saw total sales for the five-week period ending Jan. 3, 2009 of $178 million, a decrease from $196.3 million during the comparable period last year. Comparable store sales dropped 9.3% for the five-week period ended Jan. 3, 2008, an incre
TJX Sees Flat December Comps, Updates Q4 Outlook
The TJX Companies, Inc. saw sales for the five-week period ended Jan. 3, 2009, of $2.37 billion, a 3% decrease from the $2.43 billion achieved during the five-week period ended Jan. 5, 2008. Consolidated comparable store sales for the five-week period end
Reports: Layoffs at Reef
Reef has laid off as many as 42 employees from its Carlsbad, CA, headquarters, according to several published reports…
Russell Shuttering More Alex City Ops; Lays Off 250+
Russell Corporation announced the 'phasing out' of its fabrics operation in Alexander City, AL, and the layoff of more than 250 employees due to the “current economic conditions, in addition to increasing costs and import pressures from Asia.”..
Jarden Q4 to Exceed Internal Forecasts
Jarden Corp, which owns Coleman and K2, said it expects fourth-quarter revenue to be slightly above its prior outlook of $1.3 billion. It also said it finished 2008 with more than $360 million of cash on the balance sheet…
The North Face to Sponsor Elite Snowboarder
The North Face announced that snowboarder David Carrier-Porcheron, commonly known as DCP, has joined its athlete team. The North Face has a team of more than 60 professional global athletes which includes snowboarders, skiers, rock climbers, mountaineers,
Zumiez December Comp Sales Drop 12.3%
Zumiez Inc. said its comparable store sales decreased 12.3% for the five-week period ended Jan. 3, 2009, versus a comparable store sales increase of 3.9% in the year ago period ended Jan. 5, 2008. Total net sales for the five-week period ended Jan. 3, 200
Skechers, Adjmi Team Up for Kids Apparel Line
Skechers USA said that Adjmi Apparel Group has been named the licensee for a new Skechers-branded children’s clothing line set to launch in Fall 2009 at department, specialty and online retailers that carry Skechers Kids footwear…
Reports: SF Housing Authority to Drop Handgun Suit Against NRA
According to multiple published reports, the National Rifle Association has confirmed that the San Francisco Housing Authority is preparing to drop it blanket handgun ban in public housing…
Thorlos Makes Changes in Rep Coverage
Sock manufacturer Thorlos has selected Tom and Tony Karas with Robb Green of T & T Manufacturers to provide coverage for the state of Colorado. Thorlos' long-standing representative Jan Gulliksen will also continue in his current capacity with the co
Upside Over Boasts Healthy 2008 Revenue Gains
Upside Over Inc., the kids-focused outdoor retailer and e-commerce website, said revenues had grow 350% in Fiscal Year 2008. Management said it has benefited as more and more families are deciding to stay close to home and participating in what the indust
Horowitz Promoted to Modell’s President
Modell's Sporting Goods announced that Seth Horowitz, EVP of merchandising marketing & allocations, has been promoted to president of the company. Horowitz's expanded responsibilities will include overseeing all aspects of business operations, i
Moves of the Year (Year in Review)
The Forzani Group named Tom Quinn as president for both the corporate and franchise businesses…