SGB Update

Politicians Fight for Conservation of Migratory Birds

Senator Ben Cardin (D-MD), Chairman of the Environment and Public Works Water and Wildlife Subcommittee, has introduced bipartisan legislation to boost funding for the conservation of migratory birds…

Oboz Bolsters Sales Team

Oboz has brought in new sales teams in the Southwest and Upper Midwest to further forge retailer relationships…

Mattingly Sports Introduces Fielding Gloves

Mattingly Sports launched its first line of fielding gloves, the 9X SERIES. The new series of gloves represent a key addition to the company's product line which already includes the ground breaking and patented V-Grip Handle line of baseball and sof

Joe’s GOB Sales Starts on Friday

A Delaware bankruptcy court on Thursday approved the liquidation sale of all remaining merchandise of 57-year-old Joe's Sports & Outdoors. Going-out-of-business sales will start Friday at the company's 31 remaining stores Washington, Oregon and

Kohl’s Reports March Comps Slip 4.3%

Kohl’s Corporation reported that total sales for the five-week month ended April 4, 2009 increased 0.5% from the five-week month ended April 5, 2008. On a comparable store basis, sales decreased 4.3%…

Ross Stores Posts 3% Growth for March Comps

Ross Stores, Inc. reported that sales increased 8% to $682 million for the five weeks ended April 4, 2009, up from $633 million for the five weeks ended April 5, 2008. Comparable store sales for the month grew 3% from the prior year…

J.C. Penney’s March Comps Slide 7.2%

J.C. Penney Co.'s comparable store sales decreased 7.2% for the five-week period ended April 4, better than the company's guidance for a low-double digit to mid-teen decrease. During the same period last year, comparable store sales decreased 12

Reports: Joe’s Heading for Liquidation

According to various news reports, Joe's Sports, Outdoor & More is moving to liquidate its stores after being unable to find a buyer. According to an update Thursday on The Oregonian's website, liquidator Gordon Brothers Group made the highest b

BJ’s March Comps Remain Steady

BJ’s Wholesale Club, Inc. said sales for March 2009 increased by 1.7% to $870.3 million from $855.9 million in March 2008. On a comparable club basis, sales for March 2009 decreased by 0.1%, including a negative impact from sales of gasoline of 8.6%. Excl

The Buckle’s Comps Jump 14.7% in March

The Buckle, Inc. reported comparable store net sales increased 14.7% or the five-week period ended April 4. Net sales jumped 21.5% to $77.3 million from $63.6 million a year ago…

Saks March Comps Plummet 24%

Retailer Saks Incorporated reported that owned sales totaled $209.4 million for the five weeks ended April 4, 2009 compared to $276.2 million for the five weeks ended April 5, 2008, a 24.2% decrease. Comparable store sales decreased 23.6% for the month…

Costco’s March Same-Store Sales Down 5%

Costco Wholesale Corp.'s same-store sales dropped 5% in March, hurt by lower gas prices and the stronger dollar. Excluding those two factors, the wholesale club chain said same-store sales gained 4% for the period ended April 5. U.S. comps were down

Neiman Marcus’s March Comps Drop 31.2%

Neiman Marcus, Inc. reported total revenues in March fell 28.6% to $307 million from $430 million a year ago. Comps tumbled 29.9%. In the five-week March period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stor

Stage Stores Sees 15% Drop in March Comps

Stage Stores Inc. said same-store sales fell 15% in March due to a later Easter and delays in other sales. The company noted that Easter Sunday falls about three weeks later in 2009 than it did in 2008, and said other promotions were shifted to April from