Sponsors
Billabong ▼ 0.000 | PPR ▼ -0.45 | American Apparel ▼ -0.016 | The Buckle ▲ +1.18 | Columbia ▲ +0.46 | Deckers Outdoor ▲ +0.28 | Dicks ▲ +1.33 | Foot Locker ▼ -0.01 | Genesco ▲ +1.11 | Iconix Brand Group ▼ -0.26 | Jarden Corp ▲ +0.35 | Nordstrom ▲ +0.25 | Luxottica ▲ +2.71 | Nike ▲ +1.63 | Pacific Sunwear ▼ -0.01 | Skullcandy ▲ +0.25 | Sport Chalet - 0 | Urban Outfitters ▲ +0.06 | VF Corp ▲ +0.58 | Quiksilver ▼ -0.05 | Zumiez ▼ -0.82 | Macys ▲ +0.18 | Tillys ▲ +0.18 |
Ticker Sponsor
Readers Say
Since the inception of Executive Edition, I only need 1 stop
Since the inception of Executive Edition, I only need 1 stop

As a retailer in the surf industry for the past 21 years, I have had to use multiple sources to stay informed to the news within surf. Since the inception of the Executive Edition of Shop-Eat-Surf.com, I need only one stop. Thanks for providing such a valuable tool to all of us in the industry. Shop-Eat-Surf is a must read for all of our staff at Maui Nix.

- By George Karamitos, CEO, Maui Nix
Always a good daily read
Always a good daily read

Shop-Eat-Surf creates a good source of timely information about the industry. The site makes all types and size companies feel part of a community where everyone is stoked to hear about other companies successes and ideas. It is always a good daily read.

- By Ted Li, VP of North America, Oakley
Industry Insight

SES: The monthly Credit Managers' Index dips to levels last seen during the credit crunch.
ROTH CAPITAL PARTNERS: Hosting 27th Growth Stock Conference March 8-11 in Dana Point, Calif.
Details on Industry Insight.


Tiffany Montgomery
Print This Article

Interesting details from Macy's call

By Tiffany Montgomery
August 14, 2008 7:58 AM

Macys home storeA few details of note came through on the Macy's second quarter earnings conference call yesterday, including:


- While same-store sales fell 2.1 percent during the quarter and total sales fell 3 percent, Macy's executives are happy they are outperforming other department store competitors.


- The strongest regions were the Northeast and Texas while the West and upper Midwest were weak.


- The best categories were jewelry, cosmetics, shoes, men's furnishings, men's collections, housewares and mattresses.


- Weak categories included ready to wear, intimate apparel, men's classification sportswear, children's, textiles and tabletops.


- Macy's expects the third quarter to be weaker than the fourth quarter.


- Bloomingdale's is still one of the company's best performers.


- Macy's is ordering conservatively for spring.


- There are no major plans to close a significant number of stores.


- While ready-to-wear has not been performing well, there are a few bright spots: denim, skinny jeans, vests, knit tops and the tunic silhouette. Dresses have also improved.

 

 


Articles You Might Have Missed