SGB Update Footwear
BJ’s Comps Up Slightly for December
BJ's Wholesale Club, Inc. reported total sales for December 2008 increased by 3.2% to $1.06 billion from $1.03 billion in December 2007. On a comparable club basis, sales increased by 1.6% for the month of December, including a negative impact from s
Wolverine to Acquire Cushe Footwear Brand
Wolverine World Wide, Inc. announced the acquisition of the Cushe (pronounced “cushy”) footwear brand, a move the company says will drive new global opportunities and leverage the strength of Wolverine's proven business model and operating infrastruc
J.C. Penney Dec. Comps Fall 8.1%
J. C. Penney Company, Inc. comparable store sales decreased 8.1% for the five-week period ended Jan. 3, 2009, better than the company’s guidance for a low-double digit decrease…
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
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
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,
Home Depot Ends Olympian Jobs Program
Home Depot Inc., citing the difficult economy and the impact of the housing downturn, has ended its program that gave Olympic athletes part-time jobs, flexible hours and full-time pay and benefits to help support their training. In the 16 years that Home
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
The Finish Line Shrinks Q3 Loss; Reduces Inventories
The Finish Line fiscal third quarter sales declined 4.4% to $256.9 million for the thirteen-week period ending November 29, compared to $268.7 million in Q3 last year. Consolidated comps decreased 3.6%. By concept, comps dipped 3.3% at Finish Line and fel
Moves of the Year (Year in Review)
The Forzani Group named Tom Quinn as president for both the corporate and franchise businesses…
