SGB Update

Federated August Comp Store Sales Down 2.4%

Federated Department Stores, Inc. reported total sales of $1.047 billion for the four weeks ended August 28, 2004, a decrease in total sales of 2.7% compared to total sales of $1.077 billion in the same period last year. On a same-store basis, Federated&#

OIA Hires New VP of Marketing

Outdoor Industry Association announced that Michelle Barnes has been chosen as its new VP of marketing. Formerly VP of marketing and sales for Outward Bound USA, Barnes brings a strong track record of building national programs that introduce Americans to

Neiman Marcus Sees August Comps Jump 14.7%

The Neiman Marcus Group, Inc. announced preliminary company-wide revenues for August 2004. Total comp stores sales rose 14.7% for the period. Comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus stores and Bergdorf G

Target Completes Mervyn’s Sale to Investment Group

Target Corporation has completed the sale of its Mervyn's retail subsidiary to an investment consortium including Sun Capital Partners, Inc., Cerberus Capital Management, L.P. and Lubert-Adler and Klaff Partners, L.P. Mervyn's credit card recei

Gottschalks August Comps Up 0.5%

Gottschalks same store sales for the month of August 2004
increased 0.5% from the prior year. Total sales for the month were essentially even with last year, increasing to $47.3 million from $47.2 million in August 2003. On a year-to-date basis, same st

Retail Ventures August Comps Fall 4.0%

Retail Ventures' total sales for the four weeks ended August 28, 2004, increased 2.1% to $209.4 million from $205.1 million for the four weeks ended August 30, 2003. The company's same store sales decreased 4.0% for the
four week period…

Compatriot Snowboards Hires Rep Force

Compatriot Snowboards has recently added some hot regional representatives to their roster. Cory Maughan, Jeremiah Wood, Kelly Dee Williams, Chris Hanson, and Spencer Moon will all be sporting the Compatriot label. The comnpany stated that judging from th

August Comps Up 3.5% at Goody’s

Goody's total sales were $94.1 million for the fiscal month of August 2004 , an increase of 8.0% from total sales of $87.1 million for the fiscal month of August 2003. Comparable store sales for August 2004 increased 3.5% compared with August 2003…

Dillard’s August Same-Store Sales Decline 5.0%

Dillard's, Inc. reported that sales for August declined 4% to $553.3 million compared to sales $575.4 million in the year-ago period. Sales in comparable stores declined 5% for the 4-week period…

Martino Flynn Joins OIA

Supporting its growing client base in the outdoor industry community, Martino Flynn, LLC announces that is has joined the Outdoor Industry Association. Flynn, a mountaineer, represents the agency’s passion for the outdoor industry. In May 2004, Flynn reac

Timberland Kicks Off Serv-a-palooza

The Timberland Company will kick off its 7th Annual Global Serv-a-palooza, a worldwide community service initiative that impacts neighborhoods from Boston to Brazil. This unique day of service unites Timberland employees, business partners and consumers

West Marine August Comps Drop 6.4%; Will Not Meet Guidance

West Marine net sales for the four weeks ended August 28, 2004 were $56.8 million, a 4.1% decrease compared to net sales of $59.2 million for the same four-week period a year ago. Comparable store net sales for August decreased 6.4% compared to the same p

American Eagle August Comps Jump 26.6%; Raises Guidance

American Eagle Outfitters' August consolidated same store sales increased 23.9%. Comparable store sales for the American Eagle brand increased 26.6% for the month. Based on the continuation of strong sales trends and solid merchandise margins, the Co

Mammut Wins Three Guides Choice Awards

Mammut is receiving honors from the American Alpine Institute with three Guides' Choice Awards for 2004. Mammut's soft shell Champ Pant and New Age jacket were recognized as gear that “embodies excellence in performance and durability”, as was