SGB Update

Two sets of reports on Thursday may provide more fuel to the retail fire seemingly offsetting the impact of higher gas prices and the increasingly bad news coming out of Iraq. The good news on the job front due to record low unemployment figures, and bri

TransWorld SKATEboarding would like to welcome Giovanni Reda as the newest addition to the TWS staff. Giovanni comes on board as a field senior photographer. He's as well-known in the skate world for his innovative photos as he is for his East Coast

DuPont announced that KED Fiber Ltd. and KED Fiber, LLC, subsidiaries of Koch Industries, have advised DuPont that they intend to accelerate the closing of the sale of INVISTA(TM) to April 30, 2004. DuPont and the Koch companies also have agreed to an am

You have until noon today to get in your own bid for the assets of the Footaction chain after a the U.S. Bankruptcy Court judge gave his blessings to Footstar’s plan to liquidate the now 353 store chain. The field appears to be a bit narrower than many h

The dominoes keep falling into place at adidas-Salomon after the fall appointment of Erich Stamminger as CEO of adidas America. Jim Stutts, the former Asia chief who had moved back to adidas as interim CEO for North America after Ross McMullin’s leave of

Stage Stores reported that total sales for the five-week period ended April 3, 2004 increased 51.0% to $110.2 million from $73.0 million in the prior year five-week period ended April 5, 2003. Comparable store sales increased 5.5% versus a decrease of 13.

Wal-Mart Stores, Inc. reported net sales for the five-week period ending April 2, 2004, of $25.131 billion, an increase of 14.0 percent over the $22.049 billion in
the same five-week period in the prior year. Sales for the nine-week period were $45.293 b

The TJX Companies reported March 2004 sales results. Sales for the five-week period ended April 3, 2004, were $1,326 million, up 20% over the $1,109 million achieved during the five-week period ended April 5, 2003. For the nine weeks ended April 3, 2004,

Stein Mart, Inc. announced net sales and comparable store sales for the fiscal period ended April 3, 2004. Comparable store sales performances were strong across all apparel
divisions during March, and sales trends were double-digit positive in every
regi

J. C. Penney Company reported that comparable department store sales increased 11.4 percent for the five weeks ended April 3, 2004. Sales, which were above expectations, were strong throughout the period and across all merchandise divisions. Sales continu

Nordstrom, Inc. reported preliminary sales of $620.8 million for the five-week period ending April 3, 2004, an increase of 19.8 percent compared to sales of $518.2 million for the five-week period ending April 5, 2003. Same-store sales increased 15.9 perc