SGB Update

Total Recall Part II…

Specialized Bicycle Components Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced a recall of Allez Sport, Allez Elite, Roubaix, and Sequoia Bicycles due to a handlebar problem. The handlebar may loosen and turn unexpect

Former Kesslers Owners to Retain BOO Shares…

The previous owners of Kessler Team Sports have decided to forego a guarantee granted by new owner collegiate Pacific, instead deciding to retain the majority of the Collegiate Pacific shares issued and to release Collegiate Pacific from the guarantee…

Sporting Goods Real Estate Moves…

Scheels All Sports has reportedly accelerated construction of its new 265,000 sf flagship store and corporate headquarters in Fargo, North Dakota, due primarily to a strengthening economy. Work on the $32 million project was to begin in a year, but will

Holiday Retail Sales Strength May Come Down to Battle of Wills…

The prognosticators were out in force over the last few weeks, making their predictions for the upcoming Holiday selling season. While most reports mention the obvious influence of higher gas prices, rising interest rates, and the Iraq war, none acknowle

Forzani BTS Comps Disappoint; Guides Q3 Down

The Forzani Group Ltd. reported that total system retail sales for the eight-week period “Back to School” period ending September 27, 2004 decreased 1.8 % over the prior year. Total comparable stores sales were $152.6 million, down 3.6% from the same peri

Shoe Carnival Hires New VP Marketing

Shoe Carnival, Inc. has hired Ms. Myrna Reiss in the position of Vice President of Marketing. Myrna Reiss previously served for seven years as Vice President – Advertising and Marketing with Value City Department Stores, where she directed all marketing,

ShopKo September Comps Decline 1.2%

ShopKo Stores Inc. reported consolidated sales for the five weeks ended October 2, 2004 decreased 1.5% to $262.9 million from $266.8 million during the same period last year. Consolidated comparable store sales decreased 1.2%…

Costco September Comps Increase 8%

Costco Wholesale Corporation reported net sales of $4.53 billion for the month of September, the five weeks ended October 3, 2004, an increase of 11% from $4.07 billion in the same five-week period of the prior fiscal year. On a comparable warehouse basis

West Marine Comps Sales Down 6.5%; Warns on Q3

West Marine, Inc. reported that net sales September were $54.5 million, a 3.7% decrease compared to the year-ago period. Comparable store net sales for September 2004 decreased 6.5% compared to the same period a year ago. Due to lower than expected Septe

Gottschalks September Comps Increase 6.0%

Gottschalks Inc. same store sales for the month of September 2004 increased 6.0% from the prior year. Total sales for the month increased 5.5% to $56.8 million from $53.8 million in September 2003…

Goody’s September Same-Store Sales Drop 9.1%

Goody's Family Clothing, Inc. reported total sales of $94.3 million for the fiscal month of September 2004, a decrease of 4.7% from total sales of $98.9 million for the fiscal month of September 2003. Comparable store sales for September 2004 decreas

Stage Stores September Comps Increase 2.5%

Stage Stores Inc. reported that total sales for the five-week period ended Oct. 2, 2004, increased 41.3% to $97.8 million from $69.2 million in the prior year period. Comparable store sales increased 2.5% versus a decrease of 3.5% last year. Total sales

Shoe Pavilion Q3 Comp Store Sales Drop 6.3%

Shoe Pavilion, Inc. reported total net sales decreased 4.2% to $20.7 million for the third quarter ended October 2, 2004, from net sales of $21.6 million for the same period in 2003. Comparable store net sales decreased 6.3% for the third quarter ended O

The Buckle Sees September Comps Inch Up 0.3%

The Buckle, Inc. reported sales for the five-week period ended October 2, 2004 increased 4.6% to $43.4 million from sales of $41.5 million in the corresponding five-week period ended October 4, 2003. Comparable store sales, for stores open at least one y