SGB Update Footwear
First Shoebox Opened in Asia
NexCen Brands, Inc. opened its first international Shoebox New York store in Hanoi, Vietnam. The store held its grand opening on November 28th with a traditional ribbon cutting ceremony. In the first three days following the opening, Shoebox New York sold
Wal-Mart U.S. Sales Rise 6.5% in November
Sales rose 6.5% and 1.4% at U.S. Wal-Mart and Sam’s Club stores for the four weeks ended Nov. 28, 2008, on comp store gains (excluding fuel) of 3.4% and 3.5% respectively. However, a stronger dollar caused the discounter’s international sales to decline 1
Dillard’s Sees Comps, Total Sales Fall in November
Dillard’s, Inc. merchandise sales for the four weeks ended Nov. 29, 2008 were $505.8 million compared to sales for the four weeks ended Dec. 1, 2007 of $559.2. Total sales decreased 10%. Sales in comparable stores decreased 9% for the four-week period. Sa
Ross Stores’ Comps Dip 2%
Ross Stores, Inc. reported sales of $568 million for the four weeks ended Nov. 29, a 4% increase over the $547 million in sales for the four weeks ended Dec. 1, 2007. Same store sales for the four weeks ended Nov. 29, 2008 declined 2% from the four weeks
Target’s November Comps Slide 10.4%
Target Corporation's sales for the four weeks ended November 29, 2008 decreased 6.1% to $5.6 billion from $5.97 billion. Comps declined 10.4%. Sales results were unfavorably impacted by the loss of seven post-Thanksgiving holiday shopping days compar
BJ’S Wholesale Sees Nov. Comps Drop 4%
BJ’s Wholesale Club, Inc. reported sales for the month of November 2008 increased by 5.2% to $783.2 million from $744.4 million for November 2007…
Flip Skateboards Finalizes Buy-Out
Flip Skateboards, Inc. announced that it has finalized a buy-out deal from a long term distribution agreement with Blitz Distribution, Inc., and effective immediately has relocated the sales and distribution of the brand to NHS, Inc., in Santa Cruz, Calif
MEC Buys Store Building
Mountain Equipment Co-op (MEC) has purchased the Portage Avenue building that houses its Winnipeg store from Centre Venture, the city's downtown development agency. The Canadian outdoor retailer bought the 20,000-square-foot building for $2.35 millio
Puma Forms UK Team Sports Alliance
Puma has teamed up with Genesis Group International Ltd., its exclusive licensee for pro teamsports in the UK and Ireland, to target grassroots football and rugby teams through a new website www.thekitteam.com…
Billabong Cuts EPS Forecast on Weakening US Sales
Billabong International Limited nearly halved its guidance on EPS growth for fiscal 2008-09, citing further deterioration in consumer sales, primarily in the United States. The world's largest publicly traded surf company said forward orders remain g
Nordstrom’s Fined Over Kid’s Hoodies
Nordstrom Inc. has agreed to pay a $60,000 civil penalty to settle allegations that it knowingly failed to report to the Consumer Product Safety Commission immediately, as required by federal law, that its children's hooded jackets and sweaters were
Sportsman’s Warehouse HQ Likely to Remain in Utah
The Canadian agricultural co-op that has signed an MOU to buy Utah-based Sportsman's Warehouse expects to eventually combine the chain with a Canadian chain it bought earlier this year under a single brand, according to a report by New West. Expansio
Long Beach Delays and Lowers Container Fee
The Port of Long Beach has announced it will delay until at least July 1, 2009, and lower to $6 from $15 a fee on 20-foot equivalent containers that was set to go into effect Jan. 1, 2009. The Port of Los Angeles is expected to announce a similar delay a
Nielsen, OIA To Survey Retailers on OR Show
Outdoor Retailer and the Outdoor Industry Association will launch a four-week online survey to gather retailer's suggestions on improving the Outdoor Retailer Summer Market trade show. An analysis of the results should be ready in time for the OR Sum
Precor to Open Facility in North Carolina
Precor Inc. will open a new Southeast manufacturing, assembly and distribution facility at Rock Creek Center in Eastern Guilford County in NC. The company, based in Greensboro, NC, will build a 225,000 sq. ft. LEED certified building to accommodate their
