SGB Update

ShopKo January Comps Up 3.2%

ShopKo Stores reported consolidated sales for the four weeks ended January 31, 2004 increased 3.2 percent to $199.3 million from $193.0 million during the same period last year. Consolidated comparable store sales
increased 3.2 percent…

January Comps Up 5.1% at Target

Target Corporation reported that its net retail sales for the four weeks ended January 31, 2004 increased 11.9% to $3.063 billion from $2.738 billion for the four-week period ended February 1, 2003. Comparable-store sales increased 5.1% from January 2003

January Comps Up 13% at Costco

Costco Wholesale Corporation reported net sales of $3.44 billion for the four weeks ended February 1, 2004, an increase of 16% from $2.97 billion in the same four-week period of the prior fiscal year. January Comps Rose 13%…

Payless January Comps Down 0.3%

Payless ShoeSource same-store sales decreased 0.3 percent during the January reporting period, the four weeks ended Saturday, January 31, 2004…

JOUT Files For Temporary Restraining Order

Johnson Outdoors announced a Temporary Restraining Order had been issued by the Superior Court of Maine, barring a former employee from working for a major competitor. The TRO was issued on January 28th, and was upheld by the Court in a ruling yesterday

January Comps Up 2% at TJX

The TJX Companies reported sales results for the four-week period ended January 31, 2004, were $759 million, up 12%
over $676 million achieved during the four-week period ended February 1, 2003. For the 52 weeks ended January 31, 2004, sales reached $13,1

JOUT Files For Temporary Restraining Order

Johnson Outdoors announced a Temporary Restraining Order had been issued by the Superior Court of Maine, barring a former employee from working for a major competitor. The TRO was issued on January 28th, and was upheld by the Court in a ruling yesterday

Neiman Marcus Comps Jump 15.2%

The Neiman Marcus Group announced total sames store sales rose 15.2% in January. In the four-week January period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus stores and Bergdorf Goodman, increased 12.8 percent.

Bill Dodge Appointed Marketing Manager for Dunham

In an effort to build on the momentum gained in 2003, Boston-based Dunham announces that Bill Dodge will assume the role of Marketing Manager for the brand. In this new role, Dodge will be responsible for all aspects of the Dunham product development team

Kellwood Completes Phat Fashions Acquisition

Kellwood Company has completed the purchase of Phat Fashions, its licensing organization and its trademarks, Phat Farm, Baby Phat, and Phat. Phat Fashions will operate as a subsidiary of Kellwood. Russell Simmons will remain at the helm of Phat Fashions

Gildan Activewear Announces Succession Plan

Gildan Activewear Inc. announced that H. Greg Chamandy would assume the newly- created role of Chairman of the Executive Committee of Gildan Activewear in addition to his continuing responsibilities as Chairman of the Board of Directors, while Glenn J. Ch

Federated January Comps Increase 5.5%; Ups Guidance

Federated Department Stores, Inc. reported total sales of $814 million for the four weeks ended January 31, 2004, an increase in total sales of 5.1% compared to total sales of $775 million in the same period last year. On a same-store basis, Federated&#03

Johnson Outdoors Sees Resolution of E.U. Inquiry

Johnson Outdoors Inc. announced that an inquiry by the European Commission {of the European Union} has been concluded, with no further action warranted and no fine imposed. In February 2003, the competition department of the European Commission initiated

Gadzooks Files for Bankruptcy Protection; Closing 156 Stores

Gadzooks, Inc. has filed for bankruptcy protection in the Northern District of Texas. This move was necessary in order to provide time to complete the reorganization of its core business around 252 stores chosen to strengthen its market position in the ju

Timberland Q4 Net Income Jumps 46% on Strong Global Growth

The Timberland Company reported fourth quarter net income of $39.5 million, or $1.10 per per diluted share, compared with net income of $27.1 million, 73 cents per per diluted share, in the year-ago quarter 2002. Fourth quarter revenue increased 16.4% to