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Footwear

  • Not-so-big Q4 for Big 5 Sporting Goods

    Big 5 Sporting Goods had a lackluster fourth quarter despite saying that cold weather in its Western markets drove strong traffic during the holidays.

    For the fourth quarter ended Jan. 3, the company reported that net sales were $275 million, compared to net sales of $250.3 million for the 13-week fourth quarter of fiscal 2014. Same-store sales increased 0.1%. For the full year, net sales were $1.03 billion, compared to net sales of $977.9 million for the 52-week fiscal 2014 full year. Same store sales increased 1.3% for the fiscal 2015 full year.

  • Boot Barn backtracks on Q3 expectations

    Warm weather, as well as layoffs in the oil and gas industry hindered sales Boot Barn during the holiday quarter.

    Boot Barn announced preliminary results for the third quarter ended Dec. 26 as follows:

    • Preliminary net sales increased 49% to approximately $194 million;

    • Opened 5 new stores and completed the rebranding of 19 Sheplers stores;

  • Genesco lowers earnings forecast

    Genesco is lowering its earnings forecast for the fiscal year despite a 3% increase in same-store sales over the holiday period.

    The company said same-store sales increased 3% for the quarter-to-date period ended Jan.2. Sales for the company's e-commerce and catalog direct sales businesses increased 20% on a comparable basis for that period.

  • The Finish Line stumbles in Q3, names new CEO

    The Finish Line has promoted its president to CEO and plans to close a quarter of its stores as the retailer said supply chain problems hurt its third quarter performance.

    The retailer announced that Sam Sato will succeed Glenn Lyon as CEO of The Finish Line, Inc., effective Feb. 28. Lyon will transition to the role of non-executive chairman of the board.

  • X Team partners complete sale-leaseback transactions for three Melrose Family Fashions locations

    Salt Lake City -- X Team International, an international alliance of retail real estate advisors, announced that partners Mountain West Retail and Investment, Dunbar Commercial and Endeavor Real Estate Group, completed three sale-leaseback transactions to Capview Partners for Melrose Family Fashions totaling 32,160 sq. ft. The Melrose Family Fashions stores included in the transaction are located in three Texas cities: Laredo, Odessa and Rio Grande City.

  • Off-pricer to make New Orleans debut

    Nordstrom Rack is coming to New Orleans.

  • Vans shows fancy footwork on customer engagement

    VF Corp.’s footwear, apparel and accessories brand Vans is capitalizing on one of the hottest trends in retail at its 450 stores and online.

  • Shoes of Prey design studio, Nordstrom

    Shoppers at select Nordstrom locations can design their own shoes at the retailer’s in-store Shoes of Prey design studio.

    The shops, which are located within Nordstrom’s shoe department, include a wall display that showcases the different styles available for customizing. Using mounted touch-screen tablets with 3D software, shoppers design their own shoes, selecting the style, color, material, heel height and embellishments.

  • Saks expands commitment to downtown Manhattan

    Saks Fifth Avenue has another store to its lineup at Brookfield Place in downtown Manhattan.

    The retailer, a division of Hudson’s Bay Company, said it will open a 16,750-sq.-ft. dedicated men’s store at the center, in spring 2017. As previously announced, Saks will open an 85,000-sq.-ft. full line store at Brookfield Place.

  • Modell’s Sporting Goods continues to expand Northeast footprint

    Three City Sports stores are being given a new lease on life.

    Modell’s Sporting Goods has acquired three prime Northeast locations from City Sports, which filed for bankruptcy protection in October 2015 and subsequently announced plans to close all its stores. Beginning in early 2016, the stores, which range from 7,500 sq. ft. - 9,000 sq. ft. and are located in Philadelphia, Boston and Washington, D.C., will start to transition to the Modell’s format.

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