SGB Update

Target Says November Comps Disappoint at 3.0 Percent

Target Corporation reported that its net retail sales for the four weeks ended Nov. 26 were $6.19 billion, an increase of 3.0 percent from $6.01 million for the four weeks ended Nov. 27, 2010. On this same basis, November comparable-store sales increased

Stage Stores Posts 2.3 Percent November Comp Sales Gain

Stage Stores, Inc. reported that its total sales for the four-week November period ended November 26, increased 4.3 percent to $121 million from $116 million in the prior-year four-week period. Comparable store sales increased 2.3 percent…

Macy’s November Comps Climb 4.8 Percent

Macy’s, Inc. reported total sales of $2.47 billion for the four weeks ended Nov. 26, 2011, an increase of 5.3 percent compared with total sales of $2.34 billion in the four weeks ended Nov. 27, 2010. On a same-store basis, Macy’s, Inc. sales w

Saks Reports November Comp Sales Up 9.3 Percent

Retailer Saks Incorporated reported that owned sales totaled $277.1 million for the four weeks ended Nov. 26, compared to $254.9 million for the four weeks ended Nov. 27, 2010, an 8.7% increase. Comparable store sales increased 9.3% for the month…

Dillard’s November Comps Advance 3 Percent

Dillard’s, Inc. announced that sales for the four weeks ended Nov. 26, 2011 were $479.2 million compared to sales for the four weeks ended November 27, 2010 of $469.3 million. Total sales increased 2 percent…

AAFA Supports Counterfeit Campaign

American Apparel & Footwear Association (AAFA) President and CEO Kevin M. Burke welcomed the launch of a campaign by the Obama Administration aimed at educating the American public about the harm that counterfeit goods have on the U.S. economy and the thr

Costco’s Comps Jump 11 Percent in November

Costco Wholesale Corporation reported net sales of $7.51 billion for the four weeks ended Nov. 27, an increase of 11 percent from $6.78 billion during the similar four-week period last year…

The Buckle Sees November Comps Rise 6.9 Percent

The Buckle, Inc. comparable store net sales, for stores open at least one year, for the four-week period ended November 26 increased 6.9 percent versus the year-ago month. Net sales for the four-week fiscal month of November increased 9.2 percent to $94.9

Nordstrom Reported 5.6 Percent November Comp Gain

Nordstrom, Inc. reported a 5.6 percent increase in same-store sales for the four-week period ended Nov. 26, 2011 compared with the four-week period ended Nov. 27, 2010. Preliminary total retail sales of $910 million for November 2011 increased 11.6 percen

Kohl’s November Same-Store Sales Fall 6.2 Percent

Kohl's Corporation reported that total sales for the four-week month ended November 26 decreased 4.5 percent to $1.93 billion and comparable store sales decreased 6.2 percent from the four-week month ended November 27, 2010…

Gildan Q4 Earnings, 2012 Forecast Hurt by Cotton Prices

Gildan Activewear Inc. said its fourth quarter earnings met expectations, but projected a loss for the first quarter of fiscal 2012 as the company finishes consuming inventories produced with high-cost cotton and achieves projected manufacturing efficienc

TJX Companies Reports November Comps Up 4 Percent

The TJX Companies, Inc. reported sales for the four-week period ended Nov. 26 were $2.04 billion, up 4% over the $1.96 billion achieved during the four-week period ended Nov. 27, 2010. Consolidated comparable store sales increased 4% compared to last year

OR Winter Exhibitors Lease Record Space

Outdoor Retailer Winter Market, which takes place Jan. 19-22 in Salt Lake City, has drawn more than 100 new exhibitors and nearly 900 returning exhibitors, according Nielsen Business Media, the show's producer. Nielsen has sold nearly 380,000 square

Lululemon’s Q3 Earnings Soar on 16 Percent Comps Growth

Lululemon Athletica Inc. reported revenues climbed 30.9 percent in the third quarter ended Oct. 30, to $230.2 million from $175.8 million in the third quarter of fiscal 2010. Comparable stores sales increased 16 percent on a constant dollar basis. Earning