Former Galyans Execs Place Blame at the Top; Point to Loss of Galyans Culture…
Many laid the blame for the Galyans collapse on Bob Mang, who reportedly had little support from employees that still yearned for the days of Pat Galyan’s leadership, but was given free reign by the Board. Many industry watchers look to Galyans’ overall
Latest Genesco Acquisition Creates New Foothold North of the Border…
Genesco has started to push its Hat World and Lids business north of the border with the acquisition of a 17 store chain called Cap Connection. The chain operates stores in Alberta, BC, and Ontario, and should serve as a good jumping off point for Genesco
Coastcast to Sell Assets to Fu Sheng…
SEW reported in March (SEW_0410) that Coastcast was showing all of the signs of a slow return to profitability after several quarters in the red, and shortly thereafter the company managed to show a small profit in the first quarter of the year. Barely a
Bon-Ton June Comps Fall 3.8%; Elder Beerman Down 2.4%
The Bon-Ton Stores sales for the five weeks ended July 3, 2004 decreased 3.2% to $61.2 million compared to $63.2 million for the same period last year. The acquired Elder-Beerman stores reported a 1.9% decline to $52.7 million. Bon-Ton comparable store s
LPGA Signs Headwear Deal with Drive Headwear
The Ladies Professional Golf Association has inked a deal making DRIVE Headwear the exclusive and official headwear provider of the LPGA. Under this new partnership, DRIVE Headwear will develop a line of hats complementing The LPGA Collection, an LPGA-br
Dillards June Comps Fall 1%
Dillard's sales for the five weeks ended July 3, 2004 were $630.3 million compared to sales for the five weeks ended July 5, 2003 of $635.8 million. Total sales decreased 1% for the five-week period. Sales in comparable stores for the five-week perio
Longenecker Resigns from USCSA
Tim Longenecker, the Administrative Director for the U.S. Collegiate Ski & Snowboard Association has decided to resign after ten years of service. His involvement with the USCSA goes back to the early ‘80’s when he was competing in the league. He will be
June Comps Climb 3.4% at Federated
Federated Department Stores total sales were $1.382 billion for the five weeks ended July 3, 2004, an increase in total sales of 3.4 percent compared to total sales of $1.336 billion in the same period last year. On a same-store basis, Federated's Ju
Stage Stores June Comps Drop 2.5%
Stage Stores total sales for the five-week period ended July 3, 2004 increased 38.6% to $100.1 million from $72.2 million in the prior year five-week period ended July 5, 2003. Comparable store sales decreased 2.5% versus a decrease of 2.7% last year…
ShopKo June Comps Climb 2.2%
ShopKo Stores consolidated sales for the five weeks ended July 3, 2004 increased 1.8% to $301.2 million from $295.9 million during the same period last year. Consolidated comparable store sales increased 2.2%…
TJX Comps Climb 2.0% in June; Guidance Trimmed
The TJX Companies June 2004 sales were $1.3 billion, up 10% over $1.2 billion achieved during the five-week period ended July 5, 2003. For the year-to-date period sales reached $5.8 billion, a 15% increase over last year's $5.0 billion. Consolidated
Gottschalks Same Store Sales Climb 3.3% in June
Gottschalks same store sales for the month of June 2004 increased 3.3% from the prior year. Total sales for the month increased 1.5% to $60.7 million from $59.9 million in June 2003. On a year-to-date basis, same store sales increased 2.0% from the same
Payless June Comps Fall 1.0%
Payless ShoeSource, Inc. same-store sales decreased 1.0 percent during the June reporting period, the five weeks ended July 3, 2004. Company sales totaled $289.2 million, a 0.7 percent decrease from $291.3 million during fiscal June of last year. Same-sto
Goody’s June Comps Drop 3.2%
Goody's total sales were $105.3 million for the fiscal month of June 2004, a decrease of 0.4% from total sales of $105.7 million for the fiscal month of June 2003. Comparable store sales for June 2004 decreased 3.2% from June 2003. Total sales for th
June Comps Climb 2.3% at Target
Target net retail sales for the five weeks ended July 3, 2004 increased 8.1% to $4.471 billion from $4.135 billion for the five-week period ended July 5, 2003. On this same basis, comparable-store sales increased 2.3% from fiscal June 2003. Total sales fr
