SGB Update

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,

Pacific Sunwear September Comps Increase 9.8%

Pacific Sunwear of California Inc. reported that total sales for September 2004 were $98.9 million, an increase of 20.8% over total sales of $81.9 million for the year-ago month. September company same-store sales increased 9.8% on top of a 18.5% same-sto

Payless September Comps Decrease 5.6%

Payless ShoeSource, Inc. reported that same-store sales decreased 6.5% during the September reporting period, the five weeks ended October 2, 2004. September same-store sales decreased 5.6% excluding the approximately 440
North American Payless ShoeSour

Nordstrom September Same-Store Sales Up 6.2%

Nordstrom, Inc. reported preliminary sales of $598.4 million for the five-week period ending October 2, 2004, an increase of 7.1% compared to sales of $558.9 million for the five-week period ending October 4, 2003. Same-store sales increased 6.2%…

Ross Stores Comps Decline 5.0% in September

Ross Stores, Inc. reported sales of $374 million for the five week period ended October 2, 2004, a 3% increase above the $363 million in sales for the five weeks ended October 4, 2003. Comparable store sales for the same period declined 5% from the prior

Stein Mart September Comps Rise 5.2%

Stein Mart, Inc. reported total sales sales for September increased 3.4% to $128.7 million from $124.4 million. Comparable store sales increased 5.2% for the period…

Target Corp. Beats Septembr Plan; Comps Up 5.6%

Target Corp. reported that its net retail sales from continuing operations (principally Target Stores) for the five weeks ended October 2, 2004 increased 12.5% to $3.866 billion from $3.437 billion for the five-week period ended October 4, 2003. On this s

Dillard’s Cites Hurricane Impact for September Comp Decline

Dillard's, Inc. reported that sales for the five weeks ended October 2, 2004 were $688,838,000 compared to sales for the five weeks ended October 4, 2003 of $707,723,000. Sales declined 3% for the five-week period on both a total and comparable store

Callaway Appoints Pan-West to Broader Asia Deal

Callaway Golf Company has appointed Pan-West (Private) Limited as the distributor for Callaway Golf's Top Flite® and Ben Hogan® products in China, Taiwan, Singapore, Malaysia and Thailand effective October 15th, 2004. The appointment covers all of Ca

The Bon-Ton Sees 0.1% Decline in September Comps

The Bon-Ton Stores, Inc. announced total sales for the five weeks ended October 2, 2004 increased 82.9% to $114.8 million, including $52.0 million from the acquired Elder-Beerman stores, compared to $62.8 million for the same period last year. Bon-Ton com

DSW Comps Fall 5.0% in September; RVI Comps Down 7.3%

Retail Ventures, Inc. total sales for the five weeks ended October 2, 2004, decreased 1.1% to $258.5 million from $261.4 million for the five weeks ended October 4, 2003. The company's same store sales decreased 7.3% for the five week period. DSW Sh

Wal-Mart September Comps Increase 2.4%

Wal-Mart Stores, Inc. reported net sales for the five-week period ending October 1, 2004, of $25.739 billion, an increase of 10.8% over the $23.239 billion in the same five-week period in the prior year. Same-store sales improved 2.4%, led by a 4.5% incr