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Footwear

  • Foot Locker net income flags in Q3, but still beats Street

    New York – Foot Locker’s net income fell 2% in the third quarter, dropping to $104 million from $106 million.

    Total revenue grew 6.4% to $1.62 million from $1.52 million, above estimates. Same-store sales increased 4.1%.

    Cost of sales and income tax expense both increased during the quarter, affecting net income. During the third quarter, the company opened 28 new stores, remodeled or relocated 118 stores, and closed 13 stores.

  • Hibbett sees happy holiday ahead

    Buoyed by its performance during Back to School season, Hibbett Sporting Goods sounded an optimistic tone regarding the holidays after reporting a surprisingly strong third quarter comp increase.

    The operator of 904 stores in 31 states said its same store sales increased 4.8% and total sales increased 2.5% to $208 million during the quarter ended November 2.

  • Stage Stores Q3 loss widens; cuts forecast

    New York -- Stage Stores said Thursday that its fiscal third-quarter loss widened as some expenses rose. The company cut its fiscal 2013 adjusted earnings forecast.

    The department store retailer lost $11 million for the period ended Nov. 2, compared to a loss of $8.9 million.

    Revenue declined 3% to $360.2 million, from $370.6 million. Same-store sales fell 4.6%.

    Selling, general and administrative expenses climbed to $98.6 million from $92.5 million during the quarter. Interest expense increased to $718,000 from $568,000.

  • Premium Outlets expands in Johor Malaysia

    Johor, Malaysia — Genting Simon, a joint venture between Genting Group and Simon Property Group, has announced the opening of the second phase of Johor Premium Outlets in Johor, Malaysia.

    The expansion has added 40 new stores and 100,000 sq. ft. to the center, bringing the store total to 120.

  • Propelics helps Family Dollar improve mobile strategy

    San Jose, Calif. -- Propelics, a provider of enterprise mobile strategy and mobile apps, today announced strong adoption for its solutions in the retail market. The company said it helping such retailers as Family Dollar, Payless ShoeSource, and Hallmark as improve the customer, store associate, and store operations experience though the implementation of a solid enterprise mobile strategy.

  • REI coming to Southlake, Texas

    Seattle -- REI will open a store in Southlake Texas, in fall 2014. The 22,000-sq.-ft. store, at Park Village, will include a bike shop offering expert assembly and repair services, and provide outdoor-related classes and presentations.

  • Sports Authority holiday campaign urges customers to embrace the gift of sport

    New York -- Sports Authority has kicked off its 2013 holiday ad campaign, “There’s Nothing Like the Gift of Sport.” The campaign’s message may resonate with those who are already athletically inclined, but may face challenges with XBox One or PlayStation4 aficionados.

  • Lane Bryant opens three new stores

    Suffern, N.Y. — Lane Bryant has opened new stores in Kentucky, New Jersey and Texas. The Kentucky store is located at The Shoppes at Gary Farms in Bowling Green. In New Jersey, the new Lane Bryant has opened at Willow Ridge Plaza in Marlton. The third location is in the Chimney Rock Shopping Center in Odessa, Texas.

    Lane Bryant is a wholly owned subsidiary of Ascena Retail Group.

     

  • Lane Bryant opens five stores

    Columbus, Ohio – Lane Bryant has opened three new stores and reopened two stores as of Nov. 15. The three new stores are located in Gretna Crossing Outlets in Gretna, Neb., Spectrum Town Center in Chino, Calif., and Outlets of Mississippi in Pearl, Miss.

  • Expansion-minded rue21 opens its 1,000th store

    Warrendale, Pa. -- Rue21 on Thursday celebrated the opening of its 1,000th store. Located in the Enid Crossing Shopping Center in Enid, Okla., the location is one of the company's new rueGuy format stores and features an expanded assortment of young men's apparel and accessories in addition to the girls' apparel, jewelry, footwear and beauty product.

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