SGB Update Outdoor
Vail Resorts, Inc. Reveals SEC Probe
Vail Resorts, Inc. announced that the Securities and Exchange Commission (“SEC”) has informed the Company that the SEC has issued a formal order of investigation with respect to the Company…
Benjamin Russell Will Retire From Russell Board
Russell Corporation announced that Benjamin Russell will retire as a member of its Board of Directors at the company's annual meeting in April 2003. Russell, 65, has been a member of the board since 1963…
Hibbett, Wal-Mart, Kohl’s Continue Solid Gains…
Quick – What do Hibbett and Wal-Mart have in common other than owning small-town markets?
The two, along with Costco and Kohl’s, are the ONLY retailers in the chart on the following chart that reported positive same-store sales growth for January against
Nordstrom January Comps Inch Up 0.8%; Year Comps Up 1.3%
Nordstrom, Inc. reported preliminary sales of $316.5 million for the four-week period ending February 1, 2003, an increase of 6.7% compared to sales of $296.6 million for the four-week period ending February 2, 2002. Same-store sales increased 0.8%…
ShopKo January Comps Decline 2.6%
ShopKo Stores, Inc. reported consolidated sales for the four weeks ended February 1, 2003 were $193.0 million, 2.8 percent lower than the $198.7 million reported for the same period last year. Consolidated comparable store sales declined 2.6%…
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…
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
Famous Footwear January Comps Down 6.1%; BWS Ups 2002 Guidance
Brown Shoe Company, Inc. raised its full-year earnings guidance to $2.48 to $2.50 per share, from its previous guidance of $2.35 to $2.40 per share. The increased full-year guidance results from better-than-anticipated margins in January, higher wholesal
Ross Stores January Comps Decline 2.0%
Ross Stores, Inc. reported sales for the four weeks ended February 1, 2003 of $196 million, up 7.0% from the $183 million reported for the four weeks ended February 2, 2002. Comparable store sales declined 2.0%…
Saks Inc. January Comps Decrease 2.1%
Retailer Saks Incorporated announced that comparable store sales for the four weeks ended February 1, 2003 compared to the four weeks ended February 2, 2002 decreased 2.1% on a total company basis. By segment, comparable store sales were flat for SDSG and
Sears January Same-Store Sales Decrease 8.0%
Sears, Roebuck and Co. announced total domestic store revenues for the four weeks ended February 1, 2003 were $1.6 billion, a 6.3 percent decrease compared with the four weeks ended February 2, 2002. Comparable domestic store revenues decreased 8.0%…
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
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..
May Company January Comps Decrease 4.4%
The May Department Stores Company reported preliminary net sales of $655 million for the four-week period ended Feb. 1, 2003, a 2.5% decrease from $671 million in the similar four-week period last year. Store-for-store sales decreased 4.4%…
Value City January Same-Store Sales Decrease 6.4%
Value City Department Stores, Inc. announced total sales for the four weeks ended February 1, 2003, increased 3.2% to $118.2 million from $114.6 million for the four weeks ended February 2, 2002. The company's same store sales decreased 6.4% for the
