SGB Update

Aussie Apparel Signs First Licensee

Aussie Apparel, Inc. announced that it has signed Frontier International Holdings (FIH) of Australia, as an exclusive licensee covering Australia, New Zealand, Fiji, New Caledonia and the Pacific Islands…

Kohl’s March Same-Store Sales Inch Up 0.4%

Kohl's Corporation reported that sales for the five week period ended April 5, 2003, increased 21.7% over the five week period ended April 6, 2002. On a comparable store basis, sales increased 0.4%…

Court Approves Cannondale Asset Sale; Creditors Short-Changed

Cannondale has announced that on March 28, 2003 the U.S. Bankruptcy Court for the District of Connecticut approved the Asset Purchase Agreement by and between Cannondale and Pegasus Partners II, L.P. Based on the terms of the Asset Purchase Agreement, th

Target Corp. March Comp Sales Decline 2.3%

Target Corporation reported that its net retail sales for the five weeks ended April 5, 2003 increased 4.6% to $3.889 billion from $3.717 billion for the five-week period ended April 6, 2002. Comparable-store sales declined 2.3% from fiscal March 2002…

SGAA Rep News

Gary Niland, President of the SGAA, has announced that Mike Higgins of Higgins & Associates is the new Western Director of the 69-year old trade organization. Other rep news from SGAA includes Jack Rusher, NESGAA Retailer of the Yea

Sears March Comp Store Sales Decrease 2.3%

Sears, Roebuck and Co. announced that comparable domestic store revenues decreased 3.1% for the five weeks ended April 5, 2003. Total domestic store revenues were $2.4 billion; a 2.3% decrease compared with the five weeks ended April 6, 2002…

SGAA Mourns Passing of Al Nicholas

Al Nicholas, former SGAA 1993 Lifetime Sales Achievement Award recipient, passed away March 27, 2003, after a long illness. Nicholas, 74, had been in the sporting business since 1969 and opened his rep agency, Nicholas Associates in 1985.

Stage Stores March Comps Drop 15.6%; Lowers Q1 Expectations

Stage Stores, Inc. reported that comparable store sales for the five-week period ended April 5, 2003 decreased 15.6% as compared to the prior year five-week period ended April 6, 2002. Total sales decreased 12.5% to $73.0 million from $83.4 million in the

Dillard’s March Comp Store Sales Decrease 12%

Dillard's, Inc. announced that sales for the five weeks ended April 5, 2003 were $667,156,000 compared to sales for the five weeks ended April 6, 2002 of $763,394,000. Total sales decreased 13% for the five-week period. Sales in comparable stores f

Elder-Beerman March Comps Dip 4.0%

Comparable store sales for The Elder-Beerman Stores Corp. decreased 2.9% for the five weeks ended April 5, 2003 compared to the five weeks ended April 6, 2002. Total store sales decreased by 4.0% to $50.8 million versus the same period last year…

Federated March Comps Decrease 6.5%

Federated Department Stores, Inc. reported total sales of $1.233 billion for the five weeks ended April 5, 2003. This represents a decrease of 5.9 percent from total sales of $1.309 billion for the same period last year. On a same-store basis, Federated

May Company March Comps Decrease 11.4%

The May Department Stores Company reported preliminary net sales of $1.06 billion for the five-week period ended April 5, 2003, a 9.9% decrease from $1.18 billion in the similar period last year. Store-for-store sales decreased 11.4%…

Nordstrom March Comps Decrease 1.7%

Nordstrom, Inc. reported preliminary sales of $518.0 million for the five-week period ending April 5, 2003, an increase of 2.9% compared to sales of $503.6 million for the five-week period ending April 6, 2002. Same-store sales decreased 1.7%, in-line wi

Saks Inc. March Comps Store Sales Off 3.8%

Retailer Saks Incorporated announced that comparable store sales for the five weeks ended April 5, 2003 compared to the five weeks ended April 6, 2002 decreased 3.8% on a total company basis. By segment, comparable store sales decreased 0.2% for SDSG and

The Bon-Ton March Comp Store Sales Down 8.4%

The Bon-Ton Stores, Inc. announced sales for the five weeks ended April 5, 2003 decreased 9.0% to $54.3 million versus $59.7 million reported for the prior year period. Comparable store sales for the month decreased 8.4%…