Hat World, a subsidiary of Genesco, has acquired Anaconda Sports, one of the largest independent team sporting goods dealers in the United States.The Anaconda Sports acquisition falls within the Lids Team Sports division and includes the Lake Katrine, New York-based corporate office, distribution center, production assets.“The addition of Anaconda Sports is the latest example of Lids’ intent to grow its brand through the team dealer channel,” said Hat World president Kenneth J. Kocher. “The diversity within the Anaconda Sports business, its excellent reputation for the quality of its products and services, and on-time delivery match up well with LIDS
aggregatedcontent
Same-store retail sales for August were up 3.4 percent compared to a decline of 2.4 percent for August 2009, according to Kantar Retail. Last month's sales topped July's increase of 2.9 percent. Among the 30 retailers reporting monthly sales, food, drug and mass retailers posted better than average results over last year with department stores following close to the overall composite. Meanwhile, apparel and accessories stores lagged slightly. Limited reported the largest gain among all the retailers posting a 10 percent increase, followed by Zumiez at a 9.1 increase and Tandy Leather Factory at a 9.0 percent increase. Overall,
eBay is redesigning its Fashion portal page (www.fashion.ebay.com) in September featuring new page designs, enhanced navigation, and the ability to create personalized Fashion Shopping Profiles. eBay will also highlight branded inventory on search results pages. According to the announcement, "listings directly from brands and retailers will appear alongside the great selection of discounted brand-name and one-of-a-kind items buyers expect to find on eBay." In addition, eBay will add product pages on a vertical navigation layer on the eBay global header and will redesign landing pages (Women's Clothing, Women's Handbags, Women's Shoes, Men's Clothing, Men's Shoes). New Fashion Shopping Profiles
Comparable-store sales (comps) increased 2.9% to USD 248 million during the month. Comps for Specialty Retail Stores segment, comprising Neiman Marcus Stores and Bergdorf Goodman, increased 2.7%. Women’s shoes and handbags, designer jewelry and men’s, were the strongest-performing categories in the specialty retail store segment. Comps for Neiman Marcus Direct segment were up 3.6%, primarily driven by women’s shoes and handbags, jewelry, and beauty.
Macy's reported net sales of USD 1.638 billion for the four weeks ended August 28, 2010, an 6.2% increase over numbers reported for the same period in 2009. Same-store sales increased 4.3%. Online sales, including Macys.com and Bloomingdales.com, increased 22.2%. Fiscal year-to-date sales grew 7.1% to USD 12.749 billion. Same-store sales increased 5%. Online sales increased 29.8%. According to Chairman, President, and CEO Terry Lundgren, 'Our back-to-school business through August has been strong, led by great performances by Material Girl, the exclusive juniors brand by Madonna, as well as American Rag, our largest private brand in juniors and young
— Family Dollar reported sales for fourth quarter (Q4) period ended August 28, 2010. Quarterly Performance Net sales were up 8% to USD 1.957 billion. Comparable-store sales (comps) increased 6.1% over Q4 2009. Family Dollar noted that sales were strong in the Consumables category. During Q4 2010, Family Dollar opened 75 new stores. Yearly Performance Net sales were up 6.3% to USD 7.867 billion. Comps increased 4.8% as compared to the previous year. As of August 28, 2010, Family Dollar operated 6,785 stores. Howard Levine, Family Dollar, Chairman and Chief Executive Officer (CEO), stated: 'In fiscal 2010, we enhanced
TJX reported net sales of USD 1.7 billion for the four weeks ended August 28, 2010, a 6% increase over numbers reported for the same period in 2009. Comparable-store sales (comps) increased 2% as compared to the same period of 2009. Year-to-date (YTD) sales were USD 11.7 billion, up 10% compared with USD 10.7 billion last year. YTD comps witnessed an increase of 6%. As of August 28, 2010, TJX operated 2,816 stores in North America and Europe, including 909 T.J. Maxx, 822 Marshalls, 329 HomeGoods, and 156 A.J. Wright stores in the United States. Carol Meyrowitz, President and
Comps for Gap North America declined 1% compared to a decline of 7% in the prior year. Comps for Banana Republic North America increased 6% compared to a decline of 8% in the prior year. Old Navy North America reported negative 2% comps as compared to a positive 4% in the prior year. Comps for the international markets increased 5% as compared to a decline of 12% in the prior year.
Pier 1 Imports said Thursday its total sales for the quarter ended Aug. 28 rose to $310 million, from $287 million in the year-ago quarter. Same-store sales rose 11.2% in the quarter.“We continue to see strengths in all parts of the country and in all merchandise categories -- with improvements in traffic, conversion and ticket," said CEO Alex W. Smith.
JoS. A. Bank Clothiers reported Wednesday that its second-quarter profit rose 32% to $16.5 million, compared with $12.5 million in the year-ago period. The results topped Wall Street estimates.Revenue for the quarter ended July 31 increased 12% to $188.4 million, from $167.7 million. Wall Street expected revenue of $181.3 million.According to JoS. A. Bank CEO R. Neal Black, the retailer has had higher earnings compared with a year ago in 35 of the past 36 quarters, including 17 quarters in a row.Same-store sales rose 9.2%.JoS. A. Bank operates 490 stores in 42 states and Washington, D.C.