SGB Update Apparel
Surfboards Load for Free on Virgin Atlantic
Virgin Atlantic announced that its passengers are allowed to take an item of sports equipment on their flights free of charge. The news followed a recent ban by British Airways (BA) on surfboards and similar items…
Birkenstock USA Sold to Birkenstock Family
Birkenstock Distribution USA, the employee-owned importer and distributor of Birkenstock footwear in the U.S., has been sold to members of the family that has produced the line since 1774. Birkenstock USA had been 100 percent owned by employees since Octo
Stein Mart October Comps Slide 3.8%
Stein Mart, Inc. reported that net sales for fiscal October increased 1.4% to $113.7 million from $112.1 million in the year-ago month. Comparable store sales, however, declined 3.8% for the period…
Shoe Carnival Expects Sharp EPS Decline on Weak Q3 Comps
Shoe Carnival, Inc. reported that sales for the thirteen-week period ended November 3 decreased 8.0% to $173.9 million, compared to sales of $189.1 million for the thirteen-week period ended October 28, 2006. Comparable store sales declined 5.0% for the
Dillard’s Comps Tumble 7%
Dilard's Inc. reported October comparable store sales declined 7%. Total sales fell 6% to $444.7 million from $473.4 million…
Costco Comps Increase 9% in October
Costco Wholesale Corporation net sales were $5.21 billion for the month of October, an increase of 13% from $4.63 billion in the same four-week period last year. Comps for the quarter increased 9% for the total company…
BJ’s Wholesale October Comps Climb 4.8%
BJ’s Wholesale Club, Inc. sales for October 2007 increased by 9.2% to $663.8 million from $607.9 million in October 2006. Comparable club sales increased by 4.8% for the month, including a contribution from gasoline sales of 1.7% and a negative impact fro
Hanesbrands Names President, CCO
Hanesbrands Inc. has appointed William J. Nictakis to the newly created position of president, chief commercial officer. Nictakis, 47, will lead Hanesbrands’ domestic and international commercial businesses and support functions to drive sales growth and
Wal-Mart October Comps Inch Up 0.4%
Wal-Mart Stores Inc, said its October U.S. same-store sales climbed 0.4 percent. Wal-Mart Stores results were flat, while Sam's Club same-store sales increased 2.7 percent…
Kohl’s Will Pursue LEED Certification in 80 Stores
Kohl’s Department Stores will pursue LEED (Leadership in Energy and Environmental Design) certification for more than 80 locations. The certifications are being pursued through the US Green Building Council Portfolio Program and will appear in 28 states n
Ross October Comps Slip 1%
Ross Stores, Inc. sales were $470 million for the month of October, 2007, a 6% increase over the $444 million in sales for the four weeks ended November 4, 2006. Same store sales for the four weeks ended November 3, 2007 declined 1% from the four weeks en
Same-store Jump 8.5% at Neiman Marcus
Same-store sales at Neiman Marcus rose 8.5% in October. Total sales advanced 10.9% to $383 million from $345 million…
Kohl’s October Comps Fall 3.8%
Kohl’s Corporation sales for the month of October, 2007 increased 1.6% over 2006. On a comparable store basis, sales decreased 3.8%. Based on October’s results, the Company expects its third quarter earnings to be 59 cents to 60 cents per diluted share…
Retail Ventures Comps Tumble 7.3%
Retail Ventures, Inc. reported October sales reached $787.8 million, basically flat against $787.6 million a year ago. Same store sales decreased 7.3% for the thirteen week period.
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Sports Direct Sells Amer Stake
Sports Direct, the UK retailer controlled by Mike Ashley, sold its entire stake in Amer Sports for €166.6m ($242 million). Sports Direct said in a statement, “The proceeds of sale will reduce group borrowings.”…
