SGB Update Footwear

Stein Mart’s Weak Comps Can’t Compensate for Fewer Stores

Stein Mart, Inc. reported sales for the five weeks ended July 3 declined 1.5% despite a 0.6% increase in comp store sales during the June reporting period. The discount department store said its year-to-date sales are now off 5.0% on a 3.1% comps decline.

NRF Releases Blueprint for Retailers to Leverage Mobile Technology

Nearly three-quarters of retailers are exploring mobile strategies, according to a recent Shop.org survey. However, 62% have either not yet begun or are only in the early stages of planning their mobile strategy. This alarming gap shows that many retaile

Macy’s, Inc. Same-Store Sales up 6.5% in June

Macy's, Inc. reported total sales of $2.23 billion for the five weeks ended July 3, 2010, an increase of 9.0% compared with total sales of $2.044 billion in the five weeks ended July 4, 2009. On a same-store basis, Macy's, Inc. sales were up 6.5

Dillard’s Comp and Total Sales Up 2% in June

Dillard’s, Inc.'s merchandise sales increased 2% to $506.4 million for the five weeks ended July 3, 2010, compared to $497.2 million reached during the five weeks ended July 4, 2009. Comp stores sales also rose 2% during the five-week period…

Saks Comp Store Sales Rise 2.5% in June

For the month of June, retailer Saks Incorporated said that owned sales totaled $237.9 million for the five weeks ended July 3, 2010 compared to $230.2 million for the five weeks ended July 4, 2010, a 3.4% increase…

Star Trac Acquired by Michael Bruno

Michael Bruno, a fitness industry veteran, reached an agreement to purchase controlling interest in the parent company of Star Trac, the cardiovascular and strength equipment fitness company. Financial terms of the acquisition have not been disclosed…

Altus Donates to Louisiana Clean-Up Effort

Altus Brands, LLC, the Northern Michigan-based manufacturer of Bughats, is extending a helping hand to the Louisiana coastline oil spill clean-up, by donating 1,000 of its hats to volunteers helping in the “Save Our Gulf” effort…

Congress Could Move on MTB After July Break

A Miscellaneous Tariff Bill may finally start moving in the U.S. House of Representatives after the July 4 break, according to a report in World Trade/Interactive, a newsletter published by the law firm Sandler, Travis & Rosenberg P.A…

Sport-Haley Acquires Bette and Court Golf

Sport-Haley, Inc. has acquired Fantasi International, Inc., which produces the Bette & Court Golf and Swing women's golf and active lifestyle apparel brands…

NSGA: Sale of Used Sports Gear Declined Again in 2009

Consumers purchased $952 million in used sporting goods equipment in 2009, down 2% from the $969 million spent in 2008, according to a report released by the National Sporting Goods Association (NSGA)…