SGB Update

Reebok Running Collection Nabs Key Product Awards

The accolades keep coming for Reebok's Premier Road, hero shoe of the running collection's Premier Series. In the latest issue of “Runner's World” (March 2003), Reebok's new running shoe is honored with the magazine's highly accla

Costco January Same-Store Sales Rise 5.0%

Costco Wholesale Corporation reported net sales of $2.97 bn for the four weeks ended February 2, 2003, an increase of 9% from $2.73 bn in the same four-week period of the prior fiscal year. Comparable store sales rose 5.0% for the month…

Elder-Beerman January Comps Up 4.7%

Total store sales for The Elder-Beerman Stores Corp. increased to $27.7 million for the four weeks ending February 1, 2003, a 4.5% total sales increase compared to the four weeks ending February 2, 2002. Comparable store sales increased 4.7% over the sam

L.L. Bean to Eliminate 300 Jobs

L.L. Bean announced the second-largest round of layoffs in its 91-year history Tuesday, saying it will slash 300 jobs in the next two months despite turning a higher profit last year…

The Buckle January Comp Store Sales Up 4.3%

The Buckle, Inc. announced that sales for the four-week period ended February 1, 2003 increased 6.9 percent to $21.5 million from sales of $20.1 million in the corresponding four-week period ended February 2, 2002. Comparable store sales were up 4.3%…

Gottschalks January Comps Increase 2.0%

Gottschalks Inc. announced January 2003 same store sales increased 2.0% from the prior year. Total sales for the month were $35.5 million, a 0.4% increase from $35.4 million in January 2002…

Stein Mart January Comps Decrease 12%

Stein Mart, Inc. announced total sales for the four-week January period were $67.9 million, an 8.7% decrease from the $74.4 million in sales for the same period in 2002. Comparable store sales for January decreased 12.0% from the previous year…

Goody’s January Same-Store Sales Off 4.8%

Goody's Family Clothing, Inc. reported total sales for fiscal periods ended February 1, 2003 (fiscal 2002) as compared with fiscal periods ended February 2, 2002…

The Bon-Ton January Comps Increase 8.9%

The Bon-Ton Stores, Inc. announced total and comparable store sales for the four weeks ended February 1, 2003 increased 8.9% to $32.0 million compared to $29.4 million reported in the same period last year…

Timberland Sees Reduced 2002 Earnings; Sales Inch Up 0.6%

The Timberland Company reported results for the quarter and year ended December 31, 2002. Revenue for the fourth quarter totaled $357.0 million, 4.7% higher than the $341.1 million reported for the fourth quarter of 2001. Earnings were $27.1 million for

Federated January Comp Store Sales Down 1.2%

Federated Department Stores, Inc. reported total sales of $775 million for the four weeks ended February 1, 2003. This represents a 0.2% increase over total sales of $774 million for the same period last year. On a same-store basis, Federated's Janua

Shoe Carnival January Comps Drop 10.4%

Shoe Carnival, Inc. reported sales for the four-week period ended February 1, 2003 decreased 1.0% to $28.4 million from sales of $28.8 million for the four-week period ended February 2, 2002. Comparable store sales decreased 10.4%…

Target Corp. January Comps Down 0.4%

Target Corporation reported that its net retail sales for the four weeks ended February 1, 2003 increased 7.7% to $2.738 billion from $2.543 billion for the four-week period ended February 2, 2002. Comparable-store sales decreased 0.4% from January 2002..

Pacific Sunwear Comp Store Sales Jump 20.4%

Pacific Sunwear of California Inc. reported that total sales for the four weeks of January of fiscal 2002 were $43.7 million, an increase of 38% over total sales of $31.7 million for the four weeks of January of fiscal 2001. Company same-store sales incr