Ross Stores Ups Q4 Earnings on 13% January Sales Growth
Ross Stores, Inc. upped its fourth quarter earnings estimates as it reported a 13% increase in sales for the four weeks ended Jan. 30, 2010. The discounter said same store sales for the period grew 8% over the prior year period…
Spyder Promotes Joe Vernachio to COO
Joe Vernachio has been promoted to Spyder's chief operating officer post and immediately assumes responsibility for all Spyder operations. Vernachio previously held positions as executive vice president of product and VP of development and production
Nordstrom’s Comps Surge 14%
Nordstrom, Inc. reported a 14.0% increase in same-store sales for January. Total retail sales of $543 million for January 2010 increased 15.8% compared with $468 million for the same period in fiscal 2008…
Unifi Returns to Profitability
Unifi Inc. earned $2.0 million, or 3 cents a share, in the second fiscal quarter ended Dec. 27, 2009, rebounding from a net loss of $9.1 million or 15 cents, for the prior year quarter. Net sales for the quarter increased $16.5 million or 13.1% to $142.3
Saks Sees 7% January Comp Increase
Saks Inc. reported owned sales totaled $158.9 million for the four weeks ended Jan. 30, 2010 compared to $147.1 million a year ago, an 8.0% increase. Comparable store sales increased 7.0% for the month…
Lafuma Creates Mountain Division, Eyes U.S. Growth
The Lafuma Group in Europe has created a new 'Mountain Division' since the acquisition of Eider and Killy. The division which includes Eider, Killy and Millet will share sourcing, logistics, customer support as well as credit services…
J.C. Penney Sees 4.6% January Comp Decline
J.C. Penney Company, Inc.'s comparable store sales decreased 4.6% for the four-week period ended Jan. 30, which was better than the company's guidance for sales to decrease 5% to 8%. In last year's January period, comparable store sales dec
China Protests EU Tariffs
China filed a complaint against European Union shoe tariffs at the World Trade Organization as Beijing continued its legal assault on what it says is unfair Western protectionism. Europe has grown increasingly concerned about China's balance of trade
Kohl’s Ups Q4 Guidance on 6.5% Comps Growth in January
Kohl’s Corporation reported today that total sales for the four-week month ended Jan. 30, 2010 increased 10.7% from the four-week month ended Jan. 31, 2009. On a comparable store basis, sales increased 6.5%. The strong performance prompted the depat
Sport Chalet Collects Nearly 1MM Pairs of Shoes for Haiti Relief Effort
Soles4Souls, the shoe charity organization, said Sport Chalet has collected more than 950,000 pairs of shoes for Haiti Relief in two weeks since the program was launched. From January 14 through January 31, 2010, new and gently worn shoes were dropped off
Timberland’s Q4 Earnings Soar Despite Flat Sales
The Timberland Company reported fourth-quarter earnings vaulted 69.4% to $22.3 million, or 40 cents a share, from $13.1 million, or 23 cents, a year ago. Revenue eased 0.7% to $387.8 million from $390.6 million a year ago and were down 3.9% on a constant
TJX’s January Comps Jump 12%, Raises Guidance
The TJX Companies, Inc. reported sales for the four-week period ended Jan. 30, 2010 climbed 20% to $1.3 billion from $1.0 billion a year ago. Consolidated comparable store sales increased 12% versus a 4% decrease in the same period last year…
Callaway To Sponsor 30-Minute Segment Of Super Bowl Pregame Show
Callaway Golf Company has signed on as the presenting sponsor for a 30-minute segment of CBS' “Super Bowl Today” pregame show on Sunday, February 7th. The partnership marks the first ever Super Bowl pregame sponsorship struck by a stand-alone golf co
The Buckle Reports January Comps Slide 1.2%
The Buckle, Inc. said same-store sales for the four-week period ended January 30, 2010 decreased 1.2% from comparable store net sales for the four-week period ended January 31, 2009. Net sales for the four-week fiscal month ended January 30, 2010 increase
Neiman Marcus’ Comps Improve 6.8% in January
Neiman Marcus, Inc. reported same-store sales in January rose 6.8%. Total sales climbed 8.3% to $242 million from $223 million…
