SGB Update

Macy’s Reports 4.3% August Comp Increase

Macy's, Inc. reported sales of $1.64 billion for the four weeks ended Aug. 28, an increase of 6.2% compared with total sales of $1.54 billion a year ago. On a same-store basis, Macy's, Inc. sales were up 4.3% in August…

Brociety.com Folds, Sells Inventory to WhiskeyMilitia.com

Backcountry.com has folded its one-deal-at-a-time (ODAT)
site Brociety.com into its broader ODAT Site WhiskeyMilitia.com after concluding Brociety's niche focus on snowboarding gear was not drawing enough customers…

Dillard’s August Sales Dip 1% on Flat Comp Sales

Dillard’s, Inc. reported merchandise sales for the four weeks ended Aug. 28, 2010 declined 1% on flast comp sales for the four weeks ended Aug. 29, 2009. The department store said footwear sales were significantly above trend..

Under Armour Launches Women’s Online Campaign

Under Armour Inc. launched a new online marketing campaign targeting female athletes. The digital marketing campaign consists of multiple 60-second and 30-second advertisements featuring Olympic gold medalist downhill skier Lindsey Vonn, soccer player Lau

Target Sees 1.8% Rise in August Comps

Target Corporation said net retail sales for the four weeks ended Aug. 28, 2010 were $5.02 billion, an increase of 3.4% from $4.85 billion for the four weeks ended Aug. 29, 2009. On this same basis, August comparable-store sales increased 1.8%…

Body Glove Surf Brand Manager to Leave Post

Sports Dimension Inc, which holds the license to make Body Glove wetsuits, said that its surf brand manager, Matt Walls, is leaving to pursue other opportunities and spend more time with his family…

Nordstrom’s August Comps Climb 6.3%

Nordstrom, Inc. reported a 6.3% increase in same-store sales for the four-week period ended August 28. Preliminary total retail sales of $615 million for August 2010 increased 13.6% compared with total retail sales of $541 million for the same period in f

J.C. Penney Sees 2.3% Uptick in August Comps

J. C. Penney said comparable store sales for the four-week period ended Aug. 28, 2010, increased 2.3% over the same period last year, in line with company expectations…

TJX Reports 2% Comp Gain in August

The TJX Cos. reported August 2010 sales reached $1.7 billion, up 6% over the $1.6 billion achieved in the year-ago month. Consolidated comparable store sales increased 2% compared to last year…

Kohl’s August Comps Rise 4.5%

Kohl’s Corporation reported today that comparable store sales in August increased 4.5%. Year to date, total sales increased 9.0% and comparable store sales increased 5.7%…

Saks’ August Comps Dip 1%

Saks Incorporated reported owned sales of $159.3 million for the four weeks ended August 28, 2010 compared to $160.7 million for the four weeks ended August 29, 2009, a 0.9% decrease…

Life is Good Supports Packages for Troops

In honor of the National Day of Service, Life is Good will galvanize volunteers and partners to assemble care packages for local troops serving in Iraq and Afghanistan at the 2010 Life is Good Festival at Blue Hills…

Running Room Opens First Store in Montreal

Running Room opened its first store in the city of Montreal. The company now has 92 corporately owned stores, largely in Canada. It has seven stores in Minnesota and one in Iowa…

G-III Apparel’s Wholesale Business Surges in Q2

G-III Apparel Group, Ltd. net sales increased by 39% to $189.0 million for the second quarter ended July 31, compared $135.9 million in the year-ago quarter. The stronger than expected results were attributed primarily to increased wholesale sales of…