Target Corp Shakes Off Mervyn’s Drag to Post 5.4% Spet. Comp Increase
Target Corporation reported that its net retail sales for the five weeks ended October 4, 2003 increased 12.3% to $3.937 bn from $3.507 billion for the fiveyear-ago period. Comparable-store sales increased 5.4% from fiscal September 2002. The company sa
September Comps at Bon-Ton Up 2.7%
The Bon-Ton Stores comparable store sales for the five weeks ended October 4, 2003 increased 2.7%. Total sales for September increased 2.0% to $62.8 million versus $61.5 million reported for the same period last year.
Year-to-date total sales decreased 2
DSW September Comps Leads Retail Ventures, Inc. to Double-Digit Gain
Retail Ventures, Inc. announced total sales for the five weeks ended October 4, 2003, increased 15.9% to $261.4 million from $225.4 million for the five weeks ended October 5, 2002. The company's same store sales increased 10.6% for the five week per
Goody’s September Comps Rise 7.6%
Goody's Family Clothing reported total sales for the fiscal month of September 2003 of $98.9 million, an increase of 8.2% from total sales of $91.4 million for the fiscal month of September 2002. Comparable store sales for September 2003 increased 7.
Softride Hires New Production Manager
“The hiring of Michael Martin demonstrates our commitment to improving Softride's sales and marketing efforts throughout North America and International territories,” said Mike Allsop, Softride's co-owner and chief executive officer…
NRF Ups Forecast on Surprising September at Retail
After a difficult first half of 2003, retailers saw a pronounced jump in third quarter sales, according to the National Retail Federation. Sales gains stemming from a solid back-to-school season, pent-up demand for apparel, more seasonable weather, and st
Kelty Taps Ross as Backpack Product Manager
Kelty this week tapped Gail Ross as their new Backpack Product Manager. Ross joins Kelty from her post as Director of Development for Mountainsmith and 105 Meridien, and brings nearly 20 years of relevant experience to the position. In her new role, Ross
Bell Hires New Production Manager
Bell Canoe Works recently announced construction of its
new plant. However, there are other significant developments in Bell production. The big news is Bell’s new production manager, Chris Gibbs…
Cannondale Makes Some Pre-InterBike Changes To Management
Cannondale is heading into the Interbike trade show and the 2004 season with a renewed dedication and focus on the marketplace that are reflected in organizational changes to its senior management team. The new team includes previously announced hires Jo
The AAC Calls For Nominations
The American Alpine Club is seeking nominations for members to serve on the AAC Board of Directors. We are looking for nominees with strong business or non-profit backgrounds who enjoy climbing and want to make a difference for the climbing community…
Ashworth Opens First Resort Concept Shop
Ashworth is opening its first Resort concept shop at Parisian Riverchase Galleria on October 18th. The shop will feature the latest in multimedia and interactive technology as well as a full selection of Ashworth apparel and Callaway Golf apparel includin
Decathlon Stores Are On Their Way Out
Big crowds of shoppers are expected at selected Decathlon Sports stores beginning Wednesday, October 8, as consumers take advantage of store closing sales in several locations in New England. As announced earlier, Decathlon Stores is closing the stores as
GBMI Named to Inc. 500 List
Inc. Magazine today released its 23rd annual Inc. 500 ranking of the fastest-growing private companies in the country. Fashion design company, Global Brand Marketing, Inc. (GBMI), ranks #84 on the list, with five-year sales growth of 1,708%. Also in the s
Phoenix Expands Stable in Royal Robbins Acquisition Deal…
Phoenix Footwear has signed an agreement to acquire Royal Robbins. The deal includes $6.5 million due at closing with an additional contingent purchase value of around $5 million based on a two-year earn-out formula. The initial payment will consist of $6
Columbia Makes No Bones About Brand Positioning…
Columbia made a clear point at the recent investor conferences that the company sees itself in the value end of the business for the Columbia brand. Company CFO Bryan Timm and Director of Investor Relations David Kaiser presented at the recent Wells Farg