SGB Update

RECALL: Ameristep Tree Steps

Ameristep Tree Staps The U.S. Consumer Product Safety Commission, in cooperation with Primal Vantage Co., has announced a voluntary recall of about 16,000 Ameristep Plastic Strap-On tree steps. According to the CPSC, Primal Vantage has received five compl

Costco’s U.S. December Comps Rise 2%, Excluding Gas

Costco Wholesale Corporation reported robust sales gains in Dec. thanks to rising gas prices and appreciation of foreign currencies against the dollar. The warehouse club said net sales rose…

Stage Stores’ Comps Decline Slows in December

Stage Stores, Inc. reported that its total sales for the five-week December period ended Jan. 2, 2010 decreased 1.0% to $255 million from $257 million in the prior year five-week period ended Jan. 3, 2009. Comparable store sales decreased 2.2% this year v

The Buckle’s Comps Rise 6.6% in December

The Buckle, Inc. reported comparable store net sales for the five-week period ended Jan. 2, 2010 increased 6.6% from comparable store net sales for the five-week period ended Jan. 3, 2009. Net sales for the period increased 12.1% to $147.1 million from ne

The North Face to Sponsor OIA Industry Breakfast

The North Face has signed a three-year agreement to be the presenting sponsor for the OIA Industry Breakfast beginning with Outdoor Retailer Winter Market 2010. Sister brand Eagle Creek has also joined as a title sponsor of the event. Timberland had been

JD Sports Sees 6.6% Holiday Comp Gain

JD Sports Fashion, the UK retailer, said it expects to beat market expectations for full-year profit after reporting strong trading over the key Christmas period. For the five weeks to Jan. 2, the group said like-for-like sales were up by 6.6%, while 48-w

Stein-Mart’s December Comps Slip 2%

Stein-Mart, Inc. reported same stores sales for Dec. slipped 2% on total sales that fell 4.4% from $178.0 million a year ago to $170.2 million…

The Bon-Ton Stores Sales Decline Eases in December

The Bon-Ton Stores, Inc. announced comparable store sales for the five weeks ended Jan. 2, 2010 decreased 2.6%. Total sales for the five weeks decreased 3.0% to $511.1 million compared with $527.2 million for the prior year period…

Sears Sees Q4 Profits Above Estimates

Sears Holdings Corp posted a slight rise in Dec. same store sales, driven by Kmart, and forecast fourth-quarter earnings ahead of estimates. Earnings are expected to come in between $385 million and $465 million, or $3.36 a share and $4.06 a share, for th

Craig Levra, Mickey Newsome Join on Panel at NSGA Conference

Craig Levra, chairman & CEO of Sport Chalet; and former NSGA Chairman of the Board Mickey Newsome, chairman & CEO of Hibbett Sports, will be featured on a panel at the upcoming NSGA Management Conference. The panel's topic will be “The Next 5 Years “

Macy’s Logs 1% Comps Growth in December

Macy's, Inc. reported total sales of $4.43 billion for the five weeks ended Jan. 2, 2010, an increase of 0.7% compared with total sales of $4.40 billion in the five weeks ended Jan. 3, 2009. On a same-store basis, Macy's, Inc. sales were up 1.0%

Dillard’s December Comps Decline 7%

Dillard's, Inc. reported total sales declined 8% in the five weeks ended Jan. 2, 2010, to $1 billion from $1.095 billion. Comps decreased 7%…

BJ’s Comps Jump 4.8% in December

BJ's Wholesale Club, Inc. reported total sales for Dec. 2009 increased by 9.4% to $1.16 billion, from $1.06 billion in Dec. 2008. On a comparable club basis, sales increased by 4.8% for the month of Dec., including a positive impact from sales of gas