SGB Update

Price Hikes Are Rolling Down the Bike Supply Chain…

Full Speed Ahead and its subsidiary VisionTech will be raising their wholesale 5% to 15% mainly due to rising costs of raw materials and the overheating Chinese economy. As previously reported in BOSS (BOSS_0413), shortages in steel and aluminum in China

Nike in Deal with Arena Football …

The Arena Football League has entered into a three-year marketing partnership with Nike, who will serve as the AFL’s Official Uniform, Sideline Headwear, and Sideline Apparel Supplier through 2007. As part of the deal Nike will develop an exclusive unifor

OR Summer Market is Sold Out

Outdoor Retailer has announced that exhibiting space for the 2004 Summer Market to be held at the Salt Palace Convention Center in Salt Lake City, Utah, has officially sold out, with a waiting list of over 120 outdoor-related companies. The total number o

Stein Mart May Comps Jump 11.1%

Stein Mart net sales increased 6.2% in May from $108.2 million to $114.8 million. Comparable store sales for the month increases 11.1%. Year to date sales increased 9.3% from $438.7 million last year to $479.4 million. Year to date Comparable store sales

May Comps Climb 9.4% at Nordstrom

Nordstrom preliminary sales were $499.0 million for the four-week period ending May 29, 2004, an increase of 11.7 percent compared to sales of $446.8 million for the four-week period ending May 31, 2003. Same-store sales increased 9.4 percent…

May Comps at Wal-Mart climb 5.9%

Wal-Mart Stores net sales for the four-week period ending May 28, 2004, were $21.425 billion, an increase of 12.8% over the $18.987 billion in the same four-week period in the prior year. Total comps store sales for the four week period were up 5.9%…

DSW May Comps Increase 7.8%

Retail Ventures, Inc. announced total sales for May 2004 increased 8.6% to $220.5 million from $202.9 million for the four weeks ended May 31, 2003. The company's same store sales increased 1.9% for the four week period. Total sales for DSW Shoe War

JC Penney May Comps Jump 9.1%

J. C. Penney Company comparable department store sales increased 9.1% for the four weeks ended May 29, 2004. Total sales for the month increased 9.0% to $1.042 billion, compared to $960 million last year…

Dillard’s Reports 5% May Comp Store Sales Decline

Dillard's, Inc. announced that sales for May 2004 were $511.4 million compared to sales for the four weeks ended May 31, 2003 of $536.6 million. Total sales decreased 5% for the four-week period and comparable store sales decreased 5% for the four-we

Bon-Ton May Comps Increase 2.6%

The Bon-Ton Stores total sales for the four weeks ended May 29, 2004, increased 86.2% to $95.1 million, including $42.3 million from the acquired Elder-Beerman stores, compared to $51.1 million for the same period last year. Bon-Ton comparable store sales

May Comps Climb 2.9% at Federated

Federated Department Stores total sales were $1.172 billion for the four weeks ended May 29, 2004, an increase in total sales of 3.3 percent compared to total sales of $1.136 billion in the same period last year. On a same-store basis, Federated's Ma

TJX May Comps Increase 5%

The TJX Companies May 2004 sales for the four-week period ended May 29, 2004, were $1.1 billion, up 13% over the $975 million achieved during the four-week period ended May 31, 2003. Consolidated comparable store sales for the four-week period ended May 2

The Buckle May Comps Climb 8.3%

The Buckle's sales for the four-week period ended May 29, 2004 increased 14.9% to $27.3 million from sales of $23.8 million in the corresponding four-week period ended May 31, 2003. Comparable store sales increased 8.3% from the prior year. Net sale

Target Corp May Comps Again Hurt by Mervyn’s Declines

Target Corporation reported that its net retail sales for the four weeks ended May 29, 2004 increased 10.6% to $3.544 billion from $3.203 billion for the four-week period ended May 31, 2003. Comparable-store sales increased 4.6% from fiscal May 2003. Tar