SGB Update

Target Stores Drives August Increase at Target Corp.

Target Corporation reported that its net retail sales for the four weeks ended August 30, 2003 increased 12.4 percent to $3.632 billion from $3.231 billion for the four-week period ended August 31, 2002. Comparable-store sales increased 5.7% from fiscal A

Famous Footwear August Comps Turn Positive; Rise 2.0%

Brown Shoe Company, Inc. announced August retail sales at Famous Footwear rose 3.7% to $135,800,000 for the four-week period ended August 30, 2003, compared to $131,000,000 for the same period last year (ended August 31, 2002). Same-store sales for Augus

Federated August Comps Dip 0.8%

Federated Department Stores, Inc. reported total sales of $1.078 billion for the four weeks ended August 30, 2003, a decrease of 0.6% from total sales of $1.084 billion in the same period last year. On a same-store basis, Federated's August sales wer

Finish Line Q2 Same-Store Sales Surge 21%; Raises Guidance

The Finish Line reported net sales of $270.8 million for the thirteen weeks ended August 30, 2003, an increase of 33% over net sales of $204.3 million for Q2 last year. Comparable store net sales for Q2 increased 21% versus an increase of 1% reported for

Court Approves Callaway Top-Flite Bid

Callaway Golf Company has prevailed in the auction to purchase substantially all of the assets of the Top-Flite Golf Company. The acquisition was approved by the U.S. Bankruptcy Court in Wilmington, DE on Thursday. The deal is worth $174.4 million in ca

Gap August Comps Climb 4% – up 10% YTD

Gap Inc. reported net sales of $1.22 billion for the four-week period ended August 30, 2003, which represents a 5% increase compared with net sales of $1.16 billion for the same period 2002. The company's comparable store sales for August 2003 increa

ShopKo August Comps Increase 1.4%

ShopKo Stores, Inc. reported consolidated sales for the four weeks ended August 30, 2003 increased 1.2% to $256.2 million from $253.3 million during the same period last year. Consolidated comparable store sales increased 1.4%…

August Comps Inch Up 0.8% at Saks

Saks Incorporated announced that comparable store sales for the four weeks ended August 30, 2003 compared to the four weeks ended August 31, 2002 increased 0.8% on a total company basis. By segment, comparable store sales increased 0.7% for SDSG and incre

Goody’s Sees Flat August Comps

Goody's Family Clothing, Inc. reported total sales for the fiscal month of August 2003 (the four weeks ended August 30, 2003) of $87.1 million, an increase of 0.6% from total sales of $86.6 million for the fiscal month of August 2002 (the four weeks

TJX Comps Inch Up 1% In August

The TJX Companies reported August 2003 sales for the four-week period ended August 30, 2003, were $995 million, up 8% over $920 million achieved during the same period, 2002. For the 30 weeks ended August 30, 2003, sales reached $6,893 million, an 8% incr

Gottschalks August Comps Up 1.0%

Gottschalks Inc. announced that same store sales for the month of August 2003 increased by 1.0% from the prior year. Total sales for the month decreased by 1.6% to $47.2 million from $48.0 million in August 2002…

Abercrombie and Fitch August Comps Drop 11%

Abercrombie & Fitch reported net sales of $190.4 million for the four-week period ended August 30, 2003, a 3% increase over last year's August sales of $185.2 million. August comparable store sales decreased 11% compared with the four-week period end

Shoe Carnival Posts 5.0% August Comp Store Gain

Shoe Carnival, Inc. reported sales for the four-week period ended August 30, 2003 increased 17 percent to $70.1 million from sales of $59.9 million for the four-week period ended August 31, 2002. Comparable store sales increased 5.1% in August 2003…

Hot Topic Net Sales up 31% in August – Comps Up 11.8%

Hot Topic, Inc. announced net sales for fiscal August 2003 increased 31% to $61.5 million from net sales of $46.8 million for fiscal August 2002. Same store sales for the four weeks ended August 30, 2003 increased by 11.8% compared to the corresponding fo

Stage Stores August Comps Fall 7.3%

Stage Stores Inc. reported that comparable store sales for the four-week period ended Aug. 30, 2003 decreased 7.3% as compared to the prior year four-week period ended Aug. 31, 2002, during which comparable store sales increased 4.5%. Total sales decrease