SGB Update Outdoor
Timberland Sees Reduced 2002 Earnings; Sales Inch Up 0.6%
The Timberland Company reported results for the quarter and year ended December 31, 2002. Revenue for the fourth quarter totaled $357.0 million, 4.7% higher than the $341.1 million reported for the fourth quarter of 2001. Earnings were $27.1 million for
Famous Footwear January Comps Down 6.1%; BWS Ups 2002 Guidance
Brown Shoe Company, Inc. raised its full-year earnings guidance to $2.48 to $2.50 per share, from its previous guidance of $2.35 to $2.40 per share. The increased full-year guidance results from better-than-anticipated margins in January, higher wholesal
Ross Stores January Comps Decline 2.0%
Ross Stores, Inc. reported sales for the four weeks ended February 1, 2003 of $196 million, up 7.0% from the $183 million reported for the four weeks ended February 2, 2002. Comparable store sales declined 2.0%…
Saks Inc. January Comps Decrease 2.1%
Retailer Saks Incorporated announced that comparable store sales for the four weeks ended February 1, 2003 compared to the four weeks ended February 2, 2002 decreased 2.1% on a total company basis. By segment, comparable store sales were flat for SDSG and
Sears January Same-Store Sales Decrease 8.0%
Sears, Roebuck and Co. announced total domestic store revenues for the four weeks ended February 1, 2003 were $1.6 billion, a 6.3 percent decrease compared with the four weeks ended February 2, 2002. Comparable domestic store revenues decreased 8.0%…
Elder-Beerman January Comps Up 4.7%
Total store sales for The Elder-Beerman Stores Corp. increased to $27.7 million for the four weeks ending February 1, 2003, a 4.5% total sales increase compared to the four weeks ending February 2, 2002. Comparable store sales increased 4.7% over the sam
Target Corp. January Comps Down 0.4%
Target Corporation reported that its net retail sales for the four weeks ended February 1, 2003 increased 7.7% to $2.738 billion from $2.543 billion for the four-week period ended February 2, 2002. Comparable-store sales decreased 0.4% from January 2002..
May Company January Comps Decrease 4.4%
The May Department Stores Company reported preliminary net sales of $655 million for the four-week period ended Feb. 1, 2003, a 2.5% decrease from $671 million in the similar four-week period last year. Store-for-store sales decreased 4.4%…
Value City January Same-Store Sales Decrease 6.4%
Value City Department Stores, Inc. announced total sales for the four weeks ended February 1, 2003, increased 3.2% to $118.2 million from $114.6 million for the four weeks ended February 2, 2002. The company's same store sales decreased 6.4% for the
Wal-Mart January Comps Up 2.3%
Wal-Mart Stores, Inc. reported net sales for the four-week period ending January 31, 2003, of $17.391 billion, an increase of 12.9 percent over the $15.399 billion in the similar period in the prior year. Total U.S. comparable store sales were up 2.3%…
Target Corp. Extends Retail License Agreement with Cherokee
Cherokee Inc. announced that Target Corporation has exercised their option to extend their agreement for the Cherokee brand through January 2005…
AAMI Signs Agreement with Nations Best Sports
American Ammunition, Inc. has announced that it has been approved as a vendor for Nations Best Sports assured payment program, which guarantees payment of all its individual members…
OR Show Crash Kills One, Critically Injures Three
The long-awaited wintry blast that swept across the Salt Lake City region on Sunday was a much needed boost for the local ski operators that hoped to salvage a season, but the snow storm that greeted many of us on Sunday morning at the Outdoor Retailer Wi
Department Stores Reinvent Themselves in Effort to Remain Relevant
Wider aisles, centrally located cash registers, and new brands greet customers of Sears, Roebuck and Co. The Hoffman Estates, Ill.-based merchant is one of many retailers reeling from recession and hoping to turn things around this year…
John Henderson Named President of Sag Harbor
John R. Henderson has been named president of Sag Harbor, a Kellwood Company, according to Marty Brody, chief executive officer of Sag Harbor…