SGB Update

Genesco Sees 3 Percent Holiday Comp Gain

Genesco Inc. announced that comparable sales, including both stores and direct sales, increased by 3 percent for the quarter-to-date period ended December 24, 2022. The parent of Journeys now expects fiscal 2023 adjusted EPS to be at the low end of the most recent guidance range.

Macy’s To Close Four Stores

Macy’s confirmed it is closing four stores in Los Angeles, CA; Fort Collins, CO; Oahu, HI; and Gaithersburg, MD.

ASTM Adds Board Member

ASTM International reported William A. Ells, vice president of sales at Vibram USA, will serve a three-year term on ASTM’s International board of directors.