LA Times: Michael Tomson arrested after car crash
Ad Age: Bonnier sells Ski, Skiing and Skiing Business magazines, Warren Miller Entertainment
Sports Goggles Provide Data and Distraction
Inc. Magazine: "The Way I Work: Yvon Choinard"
OC Weekly: Profile of Pelle Klein, founder of skate startup Costa Misery
NYT: Profile of PPR CEO Francois-Henri Pinault
NYT: Obama picks REI CEO to lead Interior Department
I find Shop-Eat-Surf to be a very useful and informative site that I enjoy browsing daily. Shop-Eat-Surf is the first thing I look at every morning to keep up-to-date on the latest talk, events, and happenings in the industry. I must say I am a fan of Shop-Eat-Surf.
- By Bobby Abdel, Partner, Jack's Surfboards
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, NixonWe are upgrading the system that runs our site. If you are having trouble seeing stories, or with your Executive login, clearing your web browser cache may help. If you continue to have issues, please email me at tiffany@shop-eat-surf.com. We greatly appreciate your patience during this process.
|
July same-store sales remained tough, but there were some glimmers of hope, especially for Nordstrom, which saw a better-than-expected response to its Anniversary Sale.
Here are some results for industry customers and competitors. PacSun is not included because the chain no longer reports monthly same-store sales results. I reported Zumiez results yesterday.
Abercrombie & Fitch continues to post some of the worst results in the retail sector and the company's Hollister chain is performing particularly badly.
Same-store sales: up 2.8 percent
Total men's sales: down 3 percent
Positive men's categories: denim, wovens
Total women's sales: up 17.5 percent
Positive women's categories: denim, knit tops, active apparel, accessories.
Accessories: up 7 percent
Footwear: up 5.5 percent
Total No. of stores: 401
Note: The Buckle's industry-leading same-store sales growth is slowing. But the company was up against a tough comparison. In July of 2008, the company's same-store sales increased 20.9 percent.
Q2 total company same-store sales - stores: down 6 percent
Q2 total same-stores sales - including direct sales: down 3 percent
Urban Outfitters stores: down 8 percent
Anthropologie stores: down 4 percent
Free People stores: down 16 percent
Total stores: 309
Same-store sales: down 10.7 percent
Bright spot: online sales, which rose 7.9 percent in July
Total No. of stores: 840
Same-store sales: down 6.9 percent
Strong categories: kids' shoes, dresses, Point of View, kids' wear, women's specialized (intimate apparel, active clothes).
Strong regions: Northeast, Mid-Atlantic, South
Total No. of stores: 175
Note: The company said sales during its Anniversary Sale were better than expected, with same-store sales during the first 16 days down 6.6 percent vs. the same days during the sale last year.
Same-store sales: down 13 percent
Total No. of stores: 275
Note: The company was up a tough comparison with same-store sales rising 25 percent in July 2008.
Total same-store sales: down 8.5 percent
Hot Topic stores: down 8.8 percent
Torrid stores: down 7.6 percent
Total No. of stores: 835
Total company same-store sales: down 28 percent
Same-store sales by chain:
Hollister: down 32 percent
Ruehl: down 28 percent
Abercrombie: down 27 percent
Abercrombie & Fitch: down 25 percent
Total No. of stores: 1,132
Same-store sales: up 6 percent
Total No of stores: 927
Note: this low cost chain continues to do well in the recession.