Costco U.S. Comps Grow 6% in April
Costco Wholesale Corporation reported net sales of $5.83 billion for the month of April, the four weeks ended May 2, 2010, an increase of 13% percent from $5.18 billion in the same four-week period last year. The figures reflected 6% comps growth at its U
Let’s Go Paddling Scouts Welcome Centers
Let’s Go Paddling, an outreach iniatitive by the paddlesports industry, is recruiting retailers, outfitters and others to open 40 Welcome Centers across the country in its first season. Welcome Centers will be granted access to KayakEducation.com�
Urban Outfitters’ Q1 Comps Climb 11%
Urban Outfitters, Inc. reported total company sales for the first quarter rose to $480 million, a 25% increase from the comparable quarter in the prior year. Comparable retail segment sales, which include our direct-to-consumer channel, rose 16% for the q
Neiman Marcus Sees 11% April Comp Gain
Neiman Marcus, Inc. reported comps grew 10.9% during April. Total sales advanced 12.4% to $305 million from $271 million a year ago…
The Buckle’s April Sales Slip 1.1% on 5.7% Comps Decline
The Buckle, Inc., which specialized in selling denim to teens and young adults, reported comparable store net sales declined 5.7% for the four-weeks ended May 1, 2010 compared to the four-week period ended May 2, 2009. The retailer, said net sales for th
J.C. Penney Slides 3.3% In April Comps
J. C. Penney Company, Inc. said comparable store sales decreased 3.3% for the four weeks ended May 1, 2010, while total sales decreased 3.7%…
K-Swiss Widens Loss in Q1
K-Swiss Inc. increased its net loss for the first quarter to $4.7 million, or 13 cents a share, from $1.1 million, or 3 cents, a year ago. Total worldwide revenues decreased 11.0% to $65.9 million from $74 million…
Dorel’s Q1 Cycling Profits Grow as it Adds IBDs
Dorel Industries Inc. added a record number of independent bike dealers, or IDBs, in the first quarter, but said it was largely a recovery at its mass merchant business that drove record sales and profits at its Recreation/Leisure segment…
Iconix Sees Peanuts in Q1
The acquisition of the Peanuts gang of characters by the Iconix Brand Group followed strong numbers in the first quarter…
Sean John to be Sold Exclusively at Macy’s
Sean John, the contemporary fashion sportswear company, and Macy's, Inc., announced they have reached an agreement under which Macy's will be the exclusive U.S. department store retailer for the Sean John men's sportswear collection beginni
Callaway Q1 Profits Double on Higher ASPs, Cost Cuts; Inclement Weather Limits… Growth
Inclement weather and a slow recovery from its Europe region curtailed growth for Callaway Golf Co. during the first quarter of fiscal 2010; but cost cuts and improved sell-through helped the company more than double earnings as it enters a second quarter
GSI Shows First Quarter Gains Through Expansion
GSI Commerce Inc. reported that net revenues for the first quarter ended Apr. 3 increased 38.7% to $272.6 million from $195.5 million in the year-ago period…
Ski Visits Approached Record Levels this Winter
The U.S. ski industry recorded 59.7 million visits, the second best season ever, according to the preliminary 2009/10 Kottke National End of Season Survey. In spite of continued pressures from a weak economy and without the catalyst of an exceptional snow
Sport Supply Group Acquires Assets in Two Midwest Dealers
Sport Supply Group, Inc. has recently acquired a substantial stake in Coach’s Sports Corner, a regional team sports distributor based in Sandusky, OH, as well as a certain assets of Greg Larson Sports, a national cataloger and regional team sports d
DSW Ups View on Q1 Gains
DSW Inc. forecast first quarter same-store sales growth of about 16%. As a result, the footwear chain raised its full-year profit view to between $1.65 a share and $1.75 a share, up from its previous outlook of between $1.35 a share and $1.45 a share…