Saks December Comps Plunge Nearly 20%
Retailer Saks Incorporated said owned sales totaled $363.3 million for the five weeks ended Jan. 3, 2009 compared to $447.7 million for the five weeks ended Jan. 5, 2008, an 18.9% decrease. Comparable store sales decreased 19.8% for the month…
Big 5 Narrows Guidance Above Estimates
Big 5 Sporting Goods Corp. said it expects fourth quarter earnings to come in between 13 to 16 cents a share, reaching the upper end of its previous forecast calling for earnings between 7 to 17 cents a share. Wall Street's consensus estimate had bee
J.C. Penney Dec. Comps Fall 8.1%
J. C. Penney Company, Inc. comparable store sales decreased 8.1% for the five-week period ended Jan. 3, 2009, better than the company’s guidance for a low-double digit decrease…
Smith and Wesson to Supply 4,000-man Police Force with MandP40
Smith & Wesson Corp. said it has received confirmation from the South Australia Police Force (SAPOL) that it will arm its 4,000-officer frontline force with the company's M&P40 pistols…
Kohl’s December Comps Slip 1.4%
Kohl’s Corporation reported today that total sales for the five-week month ended January 3, 2009 increased 3.6% over the five-week month ended January 5, 2008 to $2.77 billion. On a comparable store basis, sales decreased 1.4%…
Costco December Comps Slightly Drop
Costco Wholesale Corporation reported net sales of $7.40 billion for the month of December, the five weeks ended Jan. 4, 2009, a decrease of two percent from $7.55 billion in the same five-week period last year. Total company comparable sales for the five
December Comp Sales Flat for Ross Stores
Ross Stores, Inc. saw sales of $802 million for the five weeks ended Jan. 3, 2009, a 6% increase over the $755 million in sales for the five weeks ended Jan. 5, 2008. Same store sales for the five weeks ended Jan. 3, 2009 were flat on top of a 3% increase
Sears Sees 12.8% Comps Drop at Domestic Stores
Sears Holdings Corporation reported that total company comparable store sales declined 7.3% for fiscal December as a 1.1% slip at Kmart stores was exacerbated by a 12.8% drop at Sears Domestic stores. Net income for the quarter ending January 31, 2009 is
Nordstrom Comps Drop 10.6% in December
Nordstrom, Inc. net sales declined 8.0% for fiscal December to $1.13 billion from $1.22 billion for the year-ago period. Same-store sales for December decreased 10.6% compared with the same period in fiscal 2007…
Wal-Mart’s December Comps Rise 1.7%
Wal-Mart Stores Inc. said that December same-store sales rose 1.7% excluding fuel. Comps rose 1.9% at Wal-Mart U.S. and inched ahead 0.1% at Sam's Club. Total company sales slid 0.1% to $46.5 million from $46.6 million due to a currency-driven drop i
Stein Mart December Comps Fall 9.3%, Reduces Expense Structure
Stein Mart, Inc. saw total sales for the five-week period ending Jan. 3, 2009 of $178 million, a decrease from $196.3 million during the comparable period last year. Comparable store sales dropped 9.3% for the five-week period ended Jan. 3, 2008, an incre
Stage Stores Sees Comps Fall 5%
Stage Stores, Inc. reported that its total sales for the five week December period ended Jan. 3, 2009 decreased 1.3% to $257 million from $260.3 million in the prior year five week period ended January 5, 2008. Comparable store sales decreased 4.9% versus
Rottefella Hires Sales Manager for N. American Territory
After announcing a new distribution strategy in North America several weeks ago, Rottefella AS, a manufacturer of bindings for Nordic skiing, hired Salt Lake City-based industry veteran Scott Duer as Sales Manager for North America…
Bon-Ton’s Comps Drop 5.8% in December
Bon-Ton Stores, Inc.'s comparable store sales for the five weeks ended January 3, 2009 decreased 5.8% compared with the prior year period. Total sales for the five weeks decreased 5.6% to $527.2 million compared with $558.2 million for the prior year
TJX Sees Flat December Comps, Updates Q4 Outlook
The TJX Companies, Inc. saw sales for the five-week period ended Jan. 3, 2009, of $2.37 billion, a 3% decrease from the $2.43 billion achieved during the five-week period ended Jan. 5, 2008. Consolidated comparable store sales for the five-week period end
