SGB Update

Dillard’s Comps Sink 19% in March

Dillard’s, Inc. reported that merchandise sales for the five weeks ended April 4, 2009 were $490.1 million compared to sales for the five weeks ended April 5, 2008 of $621.7 million total sales decreased 21%…

Macy’s Reports March Comps Slump 9%

Macy’s, Inc. reported total sales of $1.93 billion for the five weeks ended April 4, 2009, a decrease of 9.8% compared with total sales of $2.14 billion in the five weeks ended April 5, 2008…

Osprey Packs Expands Distribution in South America

Tatoo Adventure Gear will exclusively represent Osprey products in South America effective immediately. Tatoo Adventure Gear is one of the largest outdoor gear distributors and retailers in South America, with distribution presence in five countries in th

JD Sports FY08 Revenue Up 13.3%

JD Sports Fashion Plc preliminary revenue for the 52 weeks ended Jan. 31, 2009 was up 13.3% to £670.9 million ($978.8 million) from £592.2 million ($864.0 million) last year. Total revenue increased by 3.9% on a like for like basis (Sports Fascias 3.3%; F

Nordstrom Reports March Comps Fall 13.5%

Nordstrom, Inc. reported preliminary sales of $674 million for the five-week period ended April 4, 2009, a decrease of 10.1% compared with sales of $750 million for the five-week period ended April 5, 2008…

Wal-Mart Reports Comps Slightly Up for March

Wal-Mart Stores reported that March same-store sales rose 1.4% excluding fuel. The retailer said net sales for the five weeks ended April 3 fell 1.9% to $36.2 billion…

Sport Chek Partners With ParticipACTION

Sport Chek, the flagship banner of The Forzani Group Ltd., announced its partnership agreement with ParticipACTION, to help build awareness about the benefits of sports and physical activity among Canadians…

TJX’s March Comps Increase 2%

The TJX Companies, Inc. reported sales for the five-week period ended April 4, 2009, were $1.7 billion, essentially flat with the $1.7 billion achieved a year ago. While total sales were adversely impacted by foreign currency exchange rates, consolidated

Columbia Sportswear Sues Sportsman’s Warehouse Owners

Columbia Sportswear Co. is suing Stuart and Kimberly Utgaard, owners of Sportsman's Warehouse, which filed for bankruptcy on March 22. Filed in Oregon's U.S. District Court, the suit claims that Columbia Sportswear sold Sportsman's “a consi

Target’s March Comps Decline 6.3%

Target Corp. reported March comparable-store sales declined 6.3%. Total sales for the five weeks ended April 4 were $5.54 billion, down 2.3% from $5,676 million a year ago…

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