TITLE

Warm temps. freeze Oct. chain sales

AUTHOR(S)
Lillo, Andrea
PUB. DATE
November 2003
SOURCE
Home Textiles Today;11/10/2003, Vol. 25 Issue 11, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Retailers blamed warm weather for poor sales results during October 2003, along with the wildfires, for companies with California locations. Even Kohl's Corp. saw disappointing comparable store sales, which slipped 11.6 percent during the month. However, the wholesale clubs comfortably led the retail chains in comparable store increases. According to Alan Lacy, Sears Roebuck & Co. chairman and CEO, unseasonably warm weather in most of the country during October slowed demand for seasonal items and contributed to a disappointing month across apparel categories. As a result of these markdowns and the disappointing comparable store sales performance, third quarter earnings are expected to be approximately $0.35 per share.
ACCESSION #
11358566

 

Related Articles

  • Charivari posts loss.  // WWD: Women's Wear Daily;1/29/1998, Vol. 175 Issue 18, p12 

    Deals with the net losses of Charivari, a designer store. Amount lost by the company; Implication of the failure to find a financing support for the company.

  • After 60 years, Raymond's to close doors in Dec.  // Enterprise/Salt Lake City;11/8/99, Vol. 29 Issue 20, p5 

    Focuses on the closure of the Salt Lake City, Utah-based women's fine clothing salon Raymond's by the end of December 1999. Location site; Reason for closure of the business; Number of years of operation; Contributing factors.

  • Talbots Net Suffers In 4th Quarter, Year. Young, Vicki M. // WWD: Women's Wear Daily;3/11/2004, Vol. 187 Issue 50, p6 

    Reports on the decline in the earnings of New York City-based clothing specialty retailer Talbots Inc. for the fourth quarter and full year 2003. Factors that contributed to the decline; Business strategy for increasing inventories.

  • Dallas' Avant to Shutter. Haber, Holly // WWD: Women's Wear Daily;10/4/2005, Vol. 190 Issue 72, p24 

    This article reports on the plan to close the fashion store Avant in Dallas, Texas in December 2005. Owner Donna Chalker said her lease is up and the store's location on lower Greenville Avenue is to be bulldozed to make way for a bank. Although Avant did almost $1 million in sales for the...

  • Aeropostale Closes Its Jimmy'Z Concept.  // Apparel Magazine;Apr2009, Vol. 50 Issue 8, p6 

    The article reports on the decision of Aeropostale to end its Jimmy'Z concept and to close all of its 11 Jimmy'Z stores in the company's second quarter of fiscal 2009. The mall-based specialty retailer of casual and active apparel for young women and men said discontinuing the business would...

  • A disappointing debut. Baeb, Eddie // Crain's Chicago Business;03/05/2001, Vol. 24 Issue 10, p3 

    Focuses on Madison & Friends Store owner David Shelist's plan to close his children's boutique outlet in Chicago, Illinois. Average monthly sales; Tenants' disappointment with the decline of traffic at North Bridge Mall; Complaints about the mall's physical features.

  • US: Express to close 50 stores and cut $18m in costs. Smith, Katie // Aroq - Just-Style.com (Global News);6/2/2014, p11 

    The article presents information on the plans of U.S. apparel retailer Express Inc. to close 50 stores to cut down 18 million U.S. dollars. The move followed drop of 84.3% in first-quarter profit of 2014. Analyst Susan Anderson said that a lack of assortment strength apart from weather-related...

  • The Back to School Blues. Fretz, Deirdre // njbiz;8/26/2002, Vol. 15 Issue 35, p22 

    Reports on the profits posted by Children's Place, designer and marketer of clothing for children, for the second quarter of 2002. Amount of its business losses; Comparison of its profits in 2001 and 2002; Factors that contributed to decreased sales.

  • More Closings at Boots. Burney, Ellen // WWD: Women's Wear Daily;9/22/2004, Vol. 188 Issue 63, p13 

    Reports on the possible closure of service-oriented businesses of Boots PLC in the U.S. by the end of 2004. Kinds of service oriented businesses that will be closed; Reason behind the closure; Losses of the company in the fiscal year ended March 31, 2004.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics