SGB Update Outdoor
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..
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
Quiksilver Makes Senior Executive Promotions
Quiksilver Inc. announced several executive promotions for the company's domestic business. Greg Ziegler, formerly executive vice president of operations, becomes chief operating officer. The copany also named presidents of its men's and women&
InSport International Rebrands Corporate Identity
Seeking to invigorate its position as the leading specialized manufacturer of athletic apparel, InSport International released its new brand identity to the trade last week during the Outdoor Retailer Show…
Oakley Announces Iacon Expansion Plans and the Promotions of Key Personnel
Oakley Inc. announced 2003 expansion plans for Iacon Inc., the company's wholly owned specialty sunglass retailer. The company also announced the promotion at Iacon of Pete Siegle, Greg Wicklman and Rudy Esquivel…
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…
Jones and Wills Take Direct Control of Parisian
Retailer Saks Incorporated announced that in addition to his role as President and CEO of Saks Department Store Group, George Jones has assumed operating leadership of Parisian, SDSG's specialty department store division. Kevin Wills has been promot
Wilansky Named CEO at Filene’s Basement
Value City Department Stores announced the appointment of Heywood Wilansky as President and CEO to head Filene's Basement Inc…
Mr. Rags Files Chapter 11…
California-based Mr. Rags Acquisition Inc. has filed for Chapter 11 bankruptcy protection. A private investment firm bought the 114 store teen retailer last spring from Claire’s Stores…
Quiksilver Expands CapEx Budget in 2003…
Quiksilver Inc. announced in an SEC filing last week that it expects $35 million to $40 million in capital expenditures in fiscal 2003 ending October 31, 2003. Fiscal 2002 capital expenditures were $22.2 million, compared with $22.6 million in fiscal 200
