Sponsors
Billabong ▼ -0.010 | PPR ▼ -0.50 | American Apparel ▼ -0.013 | The Buckle ▼ -0.26 | Columbia ▼ -6.85 | Deckers Outdoor ▼ -1.30 | Dicks ▼ -0.35 | Foot Locker ▼ -0.37 | Genesco ▼ -1.07 | Iconix Brand Group ▼ -1.69 | Jarden Corp ▼ -0.19 | Nordstrom ▼ -0.39 | Luxottica ▲ +0.46 | Nike ▼ -0.39 | Pacific Sunwear ▼ -0.024 | Skullcandy ▼ -0.18 | Sport Chalet - 0 | Urban Outfitters ▼ -0.20 | VF Corp ▼ -1.19 | Quiksilver ▲ +0.007 | Zumiez ▼ -0.49 | Macys ▼ -0.85 | Tillys ▲ +0.04 |
Ticker Sponsor
Professional Services
Intrepid Investment Bankers

Intrepid Investment Bankers is a specialty investment bank that provides M&A, capital raising and strategic advisory services to middle-market companies across various industry sectors.  We have a unique culture rooted in our founders’ successful 30-year history of advising entrepreneur and family-owned businesses, financial sponsors and major corporations. We believe that every company has an entrepreneurial passion that drives it and a story that defines it.  We deliver unconventional results through our unique ability to tell each client’s story, and drive relentless execution through senior banker immersion in each process. We augment our international capabilities through our membership and active participation in M&A International Inc., an exclusive global alliance of select independent middle-market M&A advisory firms. Member FINRA/SIPC.  Follow Intrepid

More Professional Services...
Readers Say
I waited too long to sign up for Executive Edition
I waited too long to sign up for Executive Edition

I read Shop-Eat-Surf at every opportunity, and I waited too long to sign up for the Executive Edition. It’s timely, relevant and clearly “from the industry, for the industry.

- By Andy Laats, President, Nixon
I require all our executives to read it
I require all our executives to read it

There is no better publication that I am aware of that is so accurate and on top of any news and developments in our industry. I personally recommend it to many people that want to know and understand more about our industry. For the most part, shop-eat-surf.com gets the stories first. As a matter of fact, I require all the executives in our company to read it.

- By Hezy Shaked, President & CEO, Tilly's
Industry Insight

AGENDA: Pre-registration and lodging specials for Vegas show, Aug. 17-19.
SIA: Cooling down NYC with annual Summer Snowdown media event.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

Core stores and fleece take sales hit in September

By Tiffany Montgomery
November 03, 2008 5:28 AM

Cary Allington of ActionWatch sent me some grim figures for core stores in September. What is really troubling is the worst of the financial crisis hit in October, which means sales were likely worse that month.

Here's Cary's report on September sales at core doors in the ActionWatch panel.

"September "same-store" sales were the worst so far this year for core shops on the ActionWatch Retail Panel. Overall sales revenues were down over 12% compared to September last year.

"Even dresses, which showed strong increases over last year in every month prior to September, had a stumble with revenues down 3% compared to September 2007.

"Fleece Tops were down over 26% compared to last year, a trend which could have a significant impact on store revenues if it continues into the category's high selling holiday season.

"One bright spot was male-gender shoes, which continued to have sales growth over last year with a 6.4% increase (although the Footwear category overall was down).

"A few of the significant product classes were down only by single digits, but most were down by more than 10%. It was a difficult month."

Here's a chart outlining category performance.

ActionWatch chart

 


Articles You Might Have Missed