Wal-Mart January Comps Up 2.3%
Wal-Mart Stores, Inc. reported net sales for the four-week period ending January 31, 2003, of $17.391 billion, an increase of 12.9 percent over the $15.399 billion in the similar period in the prior year. Total U.S. comparable store sales were up 2.3%…
Hibbett Q4 Same-Store Sales Increase 2.4%
Hibbett Sporting Goods, Inc. announced net sales for the fourth quarter ended February 1, 2003, increased 12.0% to $75.5 million compared with $67.4 million for the 13-week period ended February 2, 2002. Comparable store sales for the fourth quarter incre
Nautilus 2002 Net Sales Surge 61%; EPS Up 50%
The Nautilus Group, Inc. announced reported net sales of $155.5 million for the fourth quarter of 2002 compared to $125.3 million for the corresponding period last year. Earnings per share for the fourth quarter were $0.69, compared to $0.57 for the corre
Royal Completes Action to Become Private Entity
Royal Precision, Inc. and Royal Associates, Inc. have announced that Royal Precision stockholders, holding more than a majority of the issued and outstanding shares, have approved the merger of RA Merger Sub, Inc, a wholly-owned subsidiary of RA into Roya
Tommy Hilfiger Replaced as Chairman of Company
Tommy Hilfiger Corporation announced that Joel Horowitz has been named Chairman of the Company, replacing Tommy Hilfiger, who will resume his long-time role as Honorary Chairman and Principal Designer…
Warnaco Emerges from Chapter 11; Will Trade on NASDAQ
The Warnaco Group, Inc. announced that its Plan of Reorganization became effective Tuesday and the Company has formally emerged from Chapter 11 under the Bankruptcy Code…
Target Corp. Extends Retail License Agreement with Cherokee
Cherokee Inc. announced that Target Corporation has exercised their option to extend their agreement for the Cherokee brand through January 2005…
AAMI Signs Agreement with Nations Best Sports
American Ammunition, Inc. has announced that it has been approved as a vendor for Nations Best Sports assured payment program, which guarantees payment of all its individual members…
Moving Comfort Establishes Grant Program To Promote Women’s Fitness
Moving Comfort, manufacturer of women’s high performance athletic wear, has announced the launch of their Women’s Beginner Fitness Grant program with grants ranging from $300 to $1,000…
SIA: 2003 Show Buying Power Index Increases
The retailer buying power index for the 2003 SIA SnowSports Show rose a little over a percentage point from last year to 86.3%. The index measures how strong the potential buying power is at the show as represented by the retailers in attendance…
OR Show Crash Kills One, Critically Injures Three
The long-awaited wintry blast that swept across the Salt Lake City region on Sunday was a much needed boost for the local ski operators that hoped to salvage a season, but the snow storm that greeted many of us on Sunday morning at the Outdoor Retailer Wi
Rip Curl Founders Leave Posts; New CEO Named
Rip Curl Group has announced that the company founders had left their executive positions and the head of its Australian unit, David Lawn, had been promoted to CEO of the entire group…
Department Stores Reinvent Themselves in Effort to Remain Relevant
Wider aisles, centrally located cash registers, and new brands greet customers of Sears, Roebuck and Co. The Hoffman Estates, Ill.-based merchant is one of many retailers reeling from recession and hoping to turn things around this year…
John Henderson Named President of Sag Harbor
John R. Henderson has been named president of Sag Harbor, a Kellwood Company, according to Marty Brody, chief executive officer of Sag Harbor…
The Ski Market Secures $10 Million Credit Line
LaSalle Retail Finance announced that it has provided a $10 million, three-year, revolving credit facility to The Ski Market Ltd., Inc…
