Wal-Mart Reports January Comps Up 2%
Wal-Mart Stores, Inc. reported net sales for the four- and 52-week periods ending Jan. 30, 2009, and Feb. 1, 2008, respectively, as follows…
Court Rules Phthalate Ban Is Retroactive
The United States District Court for the Southern District of New York has unequivocally reversed the Consumer Product Safety Commission's (CPSC) opinion regarding the non-retroactive application of the phthalate ban. According to the SGMA, the court
Macy’s, Inc. Same-Store Sales Down 4.5% in January
Macy’s, Inc. reported total sales of $1.213 billion for the four weeks ended Jan. 31, 2009, a decrease of 4.7% compared with total sales of $1.273 billion in the four weeks ended Feb. 2, 2008. On a same-store basis, Macy’s, Inc. sales were down 4.5% in Ja
January Comps Decrease Slightly for Target
Target Corporation reported that its net retail sales for the four weeks ended Jan. 31, 2009 increased 0.8% to $4,138 million from $4,106 million for the four weeks ended Feb. 2, 2008. On this same basis, January comparable-store sales declined 3.3%…
Kohl’s Posts 13.4% Drop in January Comps
Kohl’s Corporation saw a 9.0% decline in net sales for the month of January to $720.3 million from $791.4 million last year. On a comparable store basis, sales decreased 13.4%. Total sales for the year decreased 0.5% from the prior year. On a comparable s
TJX Co.’s Reports 4% Decline in January Comps
The TJX Companies, Inc. saw a 6% decline in net sales for fiscal January to $1.0 billion, down from the $1.1 billion achieved last year. For the 52 weeks ended January 31, 2009, sales reached $18.7 billion, up 2% from the $18.4 billion achieved during the
Costco Comps Slip 2% in January
Costco Wholesale Corporation reported net sales of $5.10 billion for the month of January, down 0.2% from $5.11 billion for the same period last year. Comparable store sales for the month declined 2.0% after an increase of 7.0% last year. For the first tw
Ross January Comps Decline 2%, Raises Q4 Guidance
Ross Stores, Inc. reported sales for the four weeks ended Jan. 31, 2009 of $365 million, a 4% increase over the $350 million in sales for the four weeks ended Feb. 2, 2008. Same store sales for the four weeks ended Jan. 31, 2009 declined 2% compared to th
Neiman Marcus January Comps Drop 25.8%
In the four-week January period, comparable revenues in Neiman Marcus' Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, decreased 25.8%. The company experienced weakness across all geographies and merchandise
Columbia Sponsors Amgen Bike Tour
Columbia Sportswear Co. will be the sportswear partner of the 2009 Amgen Tour of California professional cycling road race. Under the sponsorship, Columbia will outfit staff, VIPs, local volunteers and all VERSUS, Web site and on-site announcers with indu
Wolverine Q4 Revenues Drop 3.2%; Earnings Dip 0.6%
Wolverine World Wide, Inc. revenues fell 3.2% in the fourth quarter, to $346.1 million from $357.4 million in the prior year. Earnings dipped 0.6% to $24.1 million, or 49 cents a share, from $25.6 million, or 49 cents, a year earlier. The parent of Merrel
Zumiez Q4 Comps Fall 14.8%
Zumiez Inc.'s comparable store sales decreased 14.8% for the four-week period ended Jan. 31, 2009, versus a comparable store sales increase of 1.7% in the year ago period ended Feb. 2, 2008. Total net sales for the four-week period ended Jan. 31, 200
1% for the Planet Passes 1,000 Member Company Mark
Despite tough economic times, the group 1% for the Planet continues to grow. Member companies of the organization pledge to donate at least 1% of their revenues to non-profit organizations focused on sustainability…
RECALL: Mavic Bikes
About 12,000 bicycles with R-SYS front wheel rims, made in France and imported by Mavic USA, of Haverhill, Mass. were recalled because the spokes on the front wheel rim can break during use, posing a fall and crash hazard to riders. The company has receiv
Citi Trends Reports 1.9% Q4 Comp Decline
Citi Trends, Inc., the value-priced retailer of urban apparel, reported total sales in the 13-week period ended January 31, increased 8.9% to $146.6 million compared with $134.6 million in the 13-week period ended February 2, 2008. Comparable store sales
