SGB Update

Costco January Comps Rise 4.0%; International Jumps 12%

Costco Wholesale Corporation reported net sales of $3.67 billion for the four weeks ended January 30, 2005, an increase of 7.0% from $3.43 billion in the same four-week period of the prior fiscal year. Same-store sales rose 3.0% in the U.S. and 12% for t

Golf Equipment Counterfeiters Raided in Southern China

Six U.S. golf manufacturers, including the Acushnet Company, Callaway Golf Company, Cleveland Golf, Ping, Nike Golf, and TaylorMade-adidas Golf Company, announced Thursday that another blow has been struck against the illegal manufacture, distribution and

DSW January Comps Jump 13%; Full Year Up 4.8%

Retail Ventures, Inc. announced total sales for the four weeks ended January 29, 2005, increased 12.8% to $138.6 million from $122.9 million for the four weeks ended January 31, 2004. The company's same-store sales increased 2.9% for the four week pe

Gottschalks Comps Up 0.9%; Total Sales Down 0.9%

Gottschalks Inc. announced same store sales for the month of January 2005 increased 0.9%. Total sales for the month decreased 0.9% to $35.9 million from $36.2 million in January 2003. For the year, total sales slipped 0.7% to 662.7 million from $667.5 mil

Hilco Affiliate Liquidating Joggers and Campus Crew Stores

Inventory liquidation sales have just begun at all 36 Joggers stores and at 10 selected Campus Crew locations. A huge inventory of athletic footwear and apparel is being discounted up to 40% off everyday low value prices. HMR Canada I, Inc., an affiliate

Federated January Comps Decline 0.4%

Federated Department Stores, Inc. reported total sales of $809 million for the four weeks ended January 29, 2005, a decrease of 0.5% compared to total sales of $813 million in the same period last year. On a same-store basis, Federated's January sale

Wal-Mart Comp Store Sales Up 2.5% in January

Wal-Mart Stores, Inc. reported net sales for the four-week ended January 28, 2005 increased 9.0% to $19.8 billion, compared to $18.2 billion in Janaury last year. Wal-Mart Stores comps rose 3.2% on top of a 5.3% increase last year. SAM'S CLUB comps

Russell Inks Master Spalding Licensee for Japan

Russell Corporation has entered into a master licensing agreement with Itochu Fashion System Co., Ltd. for the development of the Spalding brand in Japan. The five-year agreement includes all facets of brand building, from product development to distribut

Neiman Marcus January Comps Increase 12.2%

The Neiman Marcus Group, Inc. reported that total revenues increased 10.1% to $236 million for the period ended January 29, 2005, compared to $214 million for January last year. Comparable store revenues rose 12.2%…

The May Co. Sales Increase 12.9% for Jan.; Comps Decrease 7%

The May Department Stores Company reported preliminary net sales of $808 million for the four-week period ended Jan. 29, 2005, a 12.9% increase from $715 million in the similar period last year. Store-for-store sales decreased 7.2%. January store-for-stor

Foot Locker Q4 Comps Rise 2.5%; Full Year Comps Inch Up 0.9%

Foot Locker, Inc. reported sales for the 13-week period ended January 29, 2005 of $1.54 billion, versus $1.33 billion in the comparable period last year, an increase of 15.1%. For this same 13-week period, comparable store sales increased 2.5%…

Nordstrom’s Sales Increase 8.9%; Comps 8.8% for Jan…

Nordstrom, Inc. reported preliminary sales of $386.2 million for the four-week period ending January 29, 2005, an increase of 8.9% compared to sales of $354.7 million for the four-week period ending January 31, 2004. Same-store sales increased 8.8%. Prel

Famous Footwear January Comps Jump 10.8%

Brown Shoe Company, Inc. announced that retail sales for Famous Footwear were $64.0 million for the four-week January period ended January 29, 2005, compared to $55.5 million for the comparable period ended January 31, 2004. Same-store sales for the perio

Payless Comps Down 3%; Sales Up 3.3% for Jan…

Payless ShoeSource, Inc. reported that same-store sales decreased 3.0% during the four weeks ended January 29, 2005. Company sales totaled $138.6 million, a 3.3% increase from $134.1 million during fiscal January of last year…

Abercrombie Posts 30% Increase In Sales For January…

Abercrombie & Fitch reported net sales of $126.1 million for the four-week period ended January 29, 2005, a 30% increase over last year's January sales of $97.1 million. January comparable store sales increased 17% compared to the four-week period en