TJX Has Sales Increase in December, Announces Stock Split
TJX Cos., the owner of retailers TJ Maxx, Marshalls and others, announced today a two-for-one stock split on the heels of better-than-expected same-store sales for December. Sales for the five-week period ended Dec. 31 rose 8 percent to over $3 billion..
Stage Stores December Comps Inch Up 1.2 Percent
Stage Stores, Inc. reported that its total sales for the five week December period increased 2.9 percent to $274 million from $266 million in the prior year five week period ended January 1, 2011. Comparable store sales increased 1.2 percent…
Mizuno Hires VP of Latin America
Mizuno USA has hired Hartmut Junghahn as vice president of Latin America. Scheduled to assume responsibilities in January 2012, Junghahn brings more than 27 years of consumer products expertise, with experience as a general manager, including sales, mark
Bon-Ton Stores December Comps Hurt by Warm Weather
The Bon-Ton Stores, Inc. reported comparable store sales for the five weeks ended Dec. 31, 2011 decreased 0.7%. Total sales decreased 1.1% to $505.2 million as warm weather cut into sales of cold-weather categories, which are usually represent about a qua
Bidding War Erupts for Blacks Leisure
At least four groups have submitted final bids for either all or parts of Blacks Leisure, the largest operator of outdoor sporting goods stores in the United Kingdom. British press reports that the two known bidders are JD Sports and Sports Direct. A thi
JJB Sports Posts 5 Percent Holiday Sales Increase
JJB Sports reported like-for-like sales, which include stores that have been open at least a year, rose 5 percent in the four weeks to Dec. 26 . Its cash margin rose 6 percent in the period…
Outdoor Retailer Forms Ties with Sun Dance Film Festival
In recognition of the many interests, values and activities shared between attendees of the Sundance Film Festival and Outdoor Retailer (OR), the outdoor industry trade show recently became an “Institute Associate” of the world-renowned independent film f
Costco’s December Comp Sales Rose 6 Percent in United States
Costco Wholesale Corporation reported net sales of $10.05 billion for the month of December, the five weeks ended Jan. 1, 2012, an increase of 9 percent from $9.19 billion during the similar five-week period last year…
Shoe Carnival Cuts Q4 EPS on Weak Boot Sales
Shoe Carnival said poor boot sales, largely due to warm weather so far this winter season, led to a fourth-quarter EPS shortfall. The family shoe chain expects EPS in the fourth quarter to be in the range of 20 cents to 23 cents a share, down from an earl
Remington Appoints Robert Nardelli as CEO
Remington Arms Company and its parent, Freedom Group, Inc. (FGI), announced that the board of directors has appointed Robert L. Nardelli as chief executive officer. Nardelli was named director and a member of FGI's Office of the CEO in September, 201
Nominations for Avalaunch Winter Market Awards Due Jan. 6
Avalaunch and Outdoor Retailer will stop taking nominations for the inaugural Avalaunch Winter Market Awards at end of day Friday, Jan. 6. The awards will honor those who have broken new ground in the snow sports industry and be made for five categories:
Target’s December Comps up 1.6 Percent on 2.6 Percent Sales Increase
Target Corporation's net retail sales for the five weeks ended Dec. 31, 2011 were $10.14 billion, an increase of 2.6 percent from $9.88 billion for the five weeks ended Jan. 1, 2011. On this same basis, December comparable-store sales increased 1.6 p
Nordstrom December Same-Store Sales Jump 8.7 Percent
Nordstrom, Inc. reported an 8.7 percent increase in same-store sales for the five-week period ended Dec. 31, 2011. Total sales of $1.57 billion increased 12.7 percent from sales of $1.39 billion for the same period in fiscal 2010…
Rossignol Names Lebsack to Manage Snowboard Division
Rossignol has hired Tom Lebsack as its Snowboard division manager for the US market. He will start in the position Jan. 9 from an office in Park City, Utah…
High Sierra Sport Appoints Midwest Reps
High Sierra Sport Company appointed Terry and Vickie Pearson of Great Lakes Sales Force to represent its luggage and bag line in Illinois, Indiana, Kentucky, Michigan, and Ohio…
