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Target openings up supercenters by 13.(SuperTarget)(Brief Article)
July 23, 2001... MINNEAPOLIS -- Target plans to bow 33 new units this week, of which more than one-third will be in SuperTarget format, the company's newest growth vehicle. By month's end, the retailer will have approximately 50 such units, including two in...
Lechters rolls out new Kitchen-product concept.
July 23, 2001... WOODBRIDGE, N.J. -- Lechters is already getting positive results from its newly remerchandised stores that feature clearer sight-lines, more customer-friendly organization and an expanded product assortment within the kitchen category,...
Home decor pioneers take aim at Chicagoland's well-to-do.(Sears, Home Depot)(Brief Article)
July 23, 2001... CHICAGO -- Chicago's upper-echelon residents now have new alternatives to the Merchandise Mart for their decorating needs, with both Sears and Home Depot expanding their upscale home-remodeling concept stores into the area.
In June,...
News of Webvan's final delivery bodes ill for ailing e-grocers.(online grocery market overview and timeline)
July 23, 2001... NATIONWIDE DSN REPORT -- Convincing, a large base of consumers to shop for groceries on the Internet may have been an idea ahead of its time. The news of the demise of Webvan, one of the last remaining on-line grocery pure-players, speaks to...
Ultimate Electronics ramps up short-term expansion plan.(Brief Article)
July 23, 2001... DENVER - Never mind the troubling economy. Ultimate Electronics is going full steam ahead with its expansion efforts, as the 37-unit specialty chain has announced efforts to open as many as 13 stores in the Dallas market in the next two...
Tweeter foresees 151 by yearend.(Tweeter Home Entertainment store plans)(Brief Article)
July 23, 2001... Company identifies desire to go national one day
SAN DIEGO -- Tweeter Home Entertainment used the opening of its first new store in San Diego to announce plans for future expansion on the West Coast and across the nation with a long-term...
Pier 1 store schedule defies downward trend.(Brief Article)
July 23, 2001... FT. WORTH, TEXAS -- The economic slowdown hasn't caused any jitters for Pier 1 Imports, which is forging ahead with an aggressive store opening program, a new marketing campaign and a second concept in the wake of its most profitable year in...
Big Lots launches ad campaign touting market leader status.(Brief Article)
July 23, 2001... COLUMBUS, OHIO -- As Big Lots, formerly known as Consolidated Stores, readies itself to assume a leadership position in the closeout industry, the company has launched a $27 million national television campaign to reinforce its message with...
Ames to benefit from Kimco credit.(Ames Department Stores, Kimco Realty Corp.)(Brief Article)
July 23, 2001... ROCKY HILL, CONN. -- In a move that is being characterized as unconventional for the mass retailing industry, Ames Department Stores has arranged a $75 million credit line with Kimco Realty Corp. in an effort to maximize its selling...
Canadian Tire rethinks strategy.(Brief Article)
July 23, 2001... Two-year slump results in need for new ideas
TORONTO -- Canadian Tire is an anomoly among retail giants. With a merchandise mix that ranges from its namesake automotives department to a wide variety of sporting goods, lawn and garden,...
Sears removes makeup category.(Brief Article)
July 23, 2001... HOFFMAN ESTATES, ILL. -- Broader merchandising changes are being set in motion at Sears following the company's decision to exit the skin care and cosmetics business. Sears also said it would terminate a deal with Avon to offer its new...
The Sports Authority's outlook improves.(credit rating improvement)(Brief Article)
July 23, 2001... FORT LAUDERDALE, FLA. -- The creditworthiness of The Sports Authority is improving, according to Moody's Investors Service. The rating agency recently elevated its outlook on the company's debt to stable from negative. Credit ratings on the...
Wal-Mart tracks competitors' ad behavior.(contracts Market ADvantage)(Brief Article)
July 23, 2001... BENTONVILLE, ARK. -- Wal-Mart has signed a two-year contract with research firm Market ADvantage that will enable the retailer to monitor the print advertising behavior of its U.S. and Canadian competitors. Market ADvantage tracks the print...
Factory 2-U backs off expansion.(Brief Article)
July 23, 2001... SAN DIEGO -- Factory 2-U Stores is the most recent addition to this year's expanding list of retailers to report weak financial results and suggest analysts lower their estimates for future profitability Chairman and ceo Mike Searles said the...
Massive mall expansion underway.(for Taubman Centers)(Brief Article)
July 23, 2001... BLOOMFIELD HILLS, MICH. -- Three shopping malls totaling 4 million sq. ft. are scheduled to open in the next few months as mall developer Taubman Centers continues its rapid expansion. Taubman opened the 1.4 million-sq.-ft. Dolphin Mall in...
AutoZone accelerates marketing efforts.(Brief Article)
July 23, 2001... MEMPHIS, TENN. -- Lisa Kranc was named to the newly created position of senior vp of marketing at AutoZone, reporting to company chairman, ceo and president Steve Odland. Kranc began her marketing career at Clorox and also held marketing...
Retail Systems 2001 stresses customer analytics programs.
July 23, 2001... CHICAGO -- "Customer-centric" seems to be on the lips of everyone in the retail business these days, and it was all about the customer at last month's Retail Systems 2001 IT show. But as customer-relationship management gurus say, not all...
Webvan shuts down operations.(Brief Article)
July 23, 2001... FOSTER CITY, CALIF. -- Webvan Group has ceased operations and filed for protection under Chapter 11 of the U.S. Bankruptcy Code. The company has no plans to resume operations, and it will pursue an orderly wind down of its operations and sale...
Office Depot buys 4Sure.com.(Brief Article)
July 23, 2001... DELRAY BEACH, FLA. -- Office Depot is acquiring privately-held 4Sure.com and the businesses of its two Web-based retail outlets, Computers4Sure.com and Solutions4Sure.com. The new subsidiary of Office Depot operates two Web sites from its...
RadioShack buys back Microsoft stake.(in RadioShack.com LLC)(Brief Article)
July 23, 2001... FORT WORTH, TEXAS, AND REDMOND, WASH. -- RadioShack will purchase Microsoft Corp.'s 25% preferred minority interest in RadioShack.com LLC for $88 million. The company now owns 100% of RadioShack.com. Microsoft invested in RadioShack's on-line...
Albertson's.com expands in Seattle.(Brief Article)
July 23, 2001... BOISE, IDAHO -- Albertsons.com is expanding its Seattle-area presence with the addition of two fulfillment stores to its "store-pick" method of filling on-line grocery orders via existing stores. The new fulfillment stores are located in...
EBay signs agreement with Ashford.com.(Brief Article)
July 23, 2001... SAN JOSE, CALIF. -- EBay has signed a marketing agreement with Ashford.com to sell select luxury goods such as watches, jewelry and other items from the Ashford Outlet on eBay Under terms of the agreement, eBay will promote the Ashford Outlet...
Sam's enchances Web site.(Sam's Club)(Brief Article)
July 23, 2001... BENTONVILLE, ARK. -- Sam's Club is brightening the look and feel of its Web site with a faster navigation and checkout system, a bolder design and added personalization for members. Samsclub.com Version 2 also offers members more information...
BestBuy.com launches affiliate program.(Brief Article)
July 23, 2001... MINNEAPOLIS - BestBuy.com announced the launch of the BestBuy.com Affiliate Program, which offers members an opportunity to associate their Web site with the nation's No 1 specialty retailer of consumer electronics, personal computers and...
E-tailers still grappling with cost-of-shipping issue.(free shipping promotions attract customers, but costly)(Brief Article)
July 23, 2001... NATIONWIDE DSN REPORT -- Amazon and Barnesandnoble.com's recent duel over free shipping may have seemed like a typical dogfight between the two long-standing rivals, but these savvy e-tailers were using the summer experiments as a means to...
Global Sports signs on three, strengthens winning roster.(Brief Article)(Statistical Data Included)
July 23, 2001... KING OF PRUSSIA, PA. -- The recent addition of names such as Olympia Sports, Gart Sports and Dick's Sporting Goods to the client roster of Global Sports has this developer and operater of e-commerce sporting goods sites on track to achieve...
INSIDER TRADES.(multiple securities transactions by company officials)(Brief Article)(Statistical Data Included)
July 23, 2001... NATIONWIDE DSN REPORT -- The following are major insider trades as reported to the SEC.
STOCKS BOUGHT
Phar-Mor: Avatex Corp., director, bought 37,000 shares on June 11 at $0.98, now owns 5,917,935 shares.
STOCKS SOLD
BJ's...
RETAIL IPO SCOREBOARD.(initial public offerings)(Brief Article)(Illustration)(Statistical Data Included)
July 23, 2001...
RETAIL IPO SCOREBOARD
Exchange/Company Gross Shares % Chg.
proceeds sold since
(in $mil.) (in mil.) offering
Initial Public Offerings...
MAJOR INDICES.(securities exchanges data, United States, period ending July 6, 2001)(Brief Article)(Statistical Data Included)
July 23, 2001...
MAJOR INDICES
Close Close Net Percent
6/22/01 7/6/01 Change Change
DSN Retailing Today 4723.31 4564.15 (159.16) (3.37%)
Dow Jones Ind. Avg. 10604.59 10252.68...
TOP GAINERS.(two week period ending July 6, 2001)(Brief Article)(Illustration)(Statistical Data Included)
July 23, 2001...
TOP GAINERS
For 2 weeks ended 7/6/01
Today's Man 81.82%
Lechters 38.46
Amazon.com 23.15
99 Cents Only 20.79
Dollar Tree Stores 20.69
TOP LOSERS
For 2 weeks...
EARNINGS DIGEST.(retail industry, year 2001 profits)(Brief Article)(Illustration)(Statistical Data Included)
July 23, 2001...
EARNINGS DIGEST
'01 '00 % Chg
Family Dollar 3Q 6/2/01
Total Sales 887.0 770.8 15.0
Net Income 53.5 50.1 6.8
Rag Shops 3Q 6/2/01
Sales ...
AutoZone's.(authorizes common stock repurchasing)(Brief Article)
July 23, 2001... AutoZone's board of directors authorized the repurchase of an additional $100 million of the company's common stock. It has nearly completed the repurchase of its previous authorization of $1.35 billion and intends to adopt a plan allowing it...
Pep Boys.(gets $90 million in loans from GMAC Business Credit Equipment Finance Division)(Brief Article)
July 23, 2001... Pep Boys announced that it received $90 million from GMAC Business Credit Equipment Finance Division structured as two $45 million term loans-- one to be repaid over two years and the other repaid over five years. The company plans to use the...
DSN RETAILING TODAY STOCK ANALYSIS.(retail industry stock prices, includes July 6, 2001)(Brief Article)(Illustration)(Statistical Data Included)
July 23, 2001...
DSN RETAILING TODAY STOCK ANALYSIS
CLOSING CLOSING NET PERCENT
PRICE PRICE CHANGE CHANGE P/E
COMPANY 6/22/01 7/6/01 PERIOD PERIOD RATIO...
Zany Brainy rescue reveals ray of hope for small chains.(Brief Article)
July 23, 2001... The recent financial woes experienced by specialty retailer Zany Brainy is yet another example of just how difficult it is for a small- to medium-sized retail chain, or any company for that matter, to survive in today's cutthroat and volatile...
The Eiffel Tower's OK, but France's real attraction is retail.(overview of major French retailers)(Brief Article)
July 23, 2001... Spend some time in France, like I had the good fortune of doing earlier this month, and it's not just the aromatic cheese and sexy miniskirts that will leave a lasting impression.
Over the last 10 years or so, this Western European...
Fertile Ground in Garden Gloves.(Statistical Data Included)
July 23, 2001... NEW TASK-SPECIFIC styles, more targeted response to consumer feedback and increasingly aggressive in-store merchandising tactics are helping retailers reap enhanced garden glove sales. The category is experiencing low-double-digit sales gains...
Positive press on economics can make a difference.(good news for the US economy)(Brief Article)
July 23, 2001... Among the media, it must be an article of faith that bad news sells papers and pumps up the ratings of TV news programs. Otherwise, why would today's economic news be so overwhelmingly negative?
It doesn't have to be this way. If the...
The right marketing approach can turn shoppers into buyers.(consumer theories)(Brief Article)
July 23, 2001... The world is made up of three kinds of people--consumers, shoppers and buyers. While traditional marketing typically targets consumers and in-store promotions speak to buyers, I'd like to address a critical segment that is overlooked: the...
Retailer News.(Rite Aid lowers debt)(Brief Article)(Statistical Data Included)
July 23, 2001... Retailer News -- Rite Aid has completed its previously announced $3.0 billion refinancing, resulting in substantially reduced debt and the retirement of the majority of its debt due in 2002. As a result of the refinancing, the company now has...
Phar-Mor Inc.(opens on-line store)(Brief Article)
July 23, 2001... Phar-Mor Inc. has announced the opening of its new on-line store, PharMor WebRx.com, offering shoppers easy access to over 25,000 products. The store, powered by HealthCentral.com, a leading supplier of healthcare e-commerce, offers...
Vendor News.(Estee Lauder closes 86 Tommy Hilfiger stores in U.S.)(Brief Article)(Statistical Data Included)
July 23, 2001... Vendor News -- The Estee Lauder Cos. will close 86 of the 170 Tommy Hilfiger fragrance shops it operates in the United States, and retool its computer systems within its supply chain in an effort to drive growth and increase profits. These...
Procter & Gamble has granted a license to Goody Products Inc.(for hair accessories)(Brief Article)
July 23, 2001... Procter & Gamble has granted a license to Goody Products Inc. to manufacture and sell a new line of hair accessories under the Cover Girl brand name in North America. The new line represents the first-ever license of the United States'...
Cosmetics sales at mass painting positive picture.(Brief Article)(Statistical Data Included)
July 23, 2001... Overall, it's been a tumultuous year for the cosmetics category. Revlon has been battling a heap of debt for quite some time and is finally beginning to put its priorities in order. (Its new lip cream launch, Absolutely Fabulous, however,...
What's hot Breath Buiddies.(various new dental products)(Brief Article)(Product Announcement)
July 23, 2001... The oral care category has a big mouth these days.
While the whitening segment of the business continues to trend up with new launches like Crest Whitestrips, other segments of the business are beginning to pick up some momentum as well....
Fleming buys Furr's chain.(of supermarkets)(Brief Article)
July 23, 2001... DALLAS -- Fleming has acquired bankrupt Furr's Supermarkets, including 66 stores in New Mexico and Texas. The company plans to convert at least 10 of the stores to its price-impact retail format, while the remainder may be sold to supermarket...
Shaw's to rollout self-checkouts.(Shaw's Supermarkets)(Brief Article)
July 23, 2001... ATLANTA -- Shaw's Supermarkets of New England is the latest food retailer to rollout self-checkouts in its stores. The 185-store chain tested the program and has ordered 30 stations from NCR Corporation. By 2002, Shaw's plans to have three...
Watermelon juice debuts in West.
July 23, 2001... WOODLAND, CALIF. -- A product described as the first commercially prepared watermelon juice is being introduced to stores in California and Oregon. The Original Watermelon Juice, created by Watermelon Works, a sister company to watermelon...
Sara Lee to acquire Earthgrains.(Brief Article)
July 23, 2001... CHICAGO -- Sara Lee plans to purchase The Earthgrains Company in a deal that is valued at $2.8 billion and involves the assumption of debt. The addition of the Earthgrains business will more than quadruple annual bakery sales for Sara Lee,...
Big boxes discover perks of gourmet coffee sales.(Brief Article)(Statistical Data Included)
July 23, 2001... Consumer choice in the coffee aisle continues to expand as leading brands and retailers attempt to keep pace with the tastes of Americans who have awakened to the gourmet coffee experience.
Credit Starbucks and a host of coffeehouse...
The EDLP war has only just begun.(everyday low prices, Wal-Mart and Kmart)(Brief Article)(Statistical Data Included)
July 23, 2001... Kmart's new BlueLight Always pricing strategy on fast-turning food and other consumable goods triggered rumors that a margin-squeezing price war was about to begin among the Big Three.
But with prices still a few pennies above Wal-Mart on...
Kmart, Martha ring in contract extension.(Kmart Corp. and Martha Stewart contract)(Brief Article)
July 9, 2001... NEW YORK -- Kmart and Martha Stewart renewed their "vows" at a ceremony that included ringing the bell on the New York Stock Exchange on the heals of the discounter's debut of the latest MSE brand extension.
Called Keeping, the new line...
Retailers are ready for rebound.(second half of year predictions)(Brief Article)(Statistical Data Included)
July 9, 2001... Tax rebates could boost spending in second half
NATIONWIDE DSN REPORT -- The second half of the year is here already, and soon retailers will get a read on whether forecasts of a second half consumer spending rebound are for real.
...
Outlook bullish for e-commerce sales growth.(Brief Article)(Statistical Data Included)
July 9, 2001... NATIONWIDE DSN REPORT -- Tremors from the spring shakeout of 2000 cast a dark shadow over the Internet's short-lived golden age, but survivors emerged armed with renewed practicality rooted in old-fashioned business principles.
"The...
CompUSA launches Cozone concept to focus on digital products.(Comp USA Inc.)(Brief Article)
July 9, 2001... SAN DIEGO -- CompUSA recently unveiled Cozone, the latest tool in the company's strategy to reinvent itself as more than .a computer superstore during a time when PC sales are becoming synonymous with deteriorating profits and the once-hot...
Dollarland widens assortment in giftware and party goods.(Brief Article)
July 9, 2001... PHILADELPHIA - Extreme value retailer Dollarland hasn't been afraid of taking chances as the only company in its niche offering both a broad grocery assortment at the $1 price point and a private-label line of direct-import general...
Factory 2-U to open 60, despite energy crisis.(Brief Article)(Statistical Data Included)
July 9, 2001... SAN DIEGO - Factory 2-U plans to open about 60 new stores this year despite a troubled economy in its home state of California, president and ceo Michael Searles told a small group of investors at the chain's recent annual meeting.
...
Home Depot to test smaller format in 2002.(smaller stores in urban areas)(Brief Article)
July 9, 2001... ATLANTA - The Home Depot will test a smaller version of its signature home improvement warehouse next year in densely populated urban areas as a complement to its larger home centers.
Two test stores, in Brooklyn, N.Y., and Chicago, will...
Sporting Goods chains tackle growth issues.(Sports Authority)(Brief Article)
July 9, 2001... The Sports Authority invests in remodeling
FORT LAUDERDALE, FLA. -- If The Sports Authority can improve its execution and consumer spending rebounds, it is looking at accelerating a store remodel program and opening five new units next...
Sporting Goods chains tackle growth issues.(Gaylan's Trading Company's initial public offering)(Brief Article)(Statistical Data Included)
July 9, 2001... Galyan's secures funding for aggressive expansion
PLAINFIELD, IND. -- The upscale version of sporting goods retailing offered by Galyan's Trading Company will be coming to more markets as a result of the company's recent initial public...
Sporting Goods chains tackle growth issues.(G.I. Joe's)(Brief Article)
July 9, 2001... G.I. Joe's flexes muscle on the Western front
SHERWOOD, ORE. -- G.I. Joe's isn't well-known outside a handful of Northwestern markets, but an aggressive management team armed with a unique format hopes to soon familiarize more customers...
Bed Bath & Beyond plans 80 stores, 2.4 million sq. ft.(Brief Article)(Statistical Data Included)
July 9, 2001... MORRISTOWN, N.J. -- Flexibility and consumer confidence have been the main factors behind Bed Bath and Beyond's continued store growth, and these factors will continue to carry it forward, said executives at the company's annual meeting in...
Ames weathers storm, looks to rebound in 4Q.(financial analysis by Joe Ettore)(Brief Article)(Statistical Data Included)
July 9, 2001... ROCKY HILL, CONN. -- The sluggish economic environment and frequently unseasonable weather that continued to plague Ames through May will "magnify" the importance of the critical fourth quarter, chairman and ceo Joe Ettore told DSN Retailing...
Kroger to buy Harris Teeter stores.(Brief Article)
July 9, 2001... CINCINNATI -- The Kroger Go. has agreed to purchase 15 Harris Teeter supermarkets located primarily in Atlanta. Both companies expect to complete the transaction within 30 days. Fourteen of the Harris Teeter stores, including one currently...
Weiner's to wind down operations.(Weiner's Stores Inc.)(Brief Article)
July 9, 2001... HOUSTON -- After an attempt to salvage its fortunes through a remerchanding program and name change, Weiner's Stores Inc. has announced that it is liquidating. Raymond Miller, chairman and ceo, stated that despite good performance during fall...
Sears re-enters bedroom market.(Brief Article)
July 9, 2001... HOFFMAN ESTATES, ILL. -- Sears customers can now purchase a complete bed set, including mattress, foundation, headboard and frame, at over 325 Sears stores. By yearend, the merchandise will be in more than 400 Sears stores nationwide. Sears'...
Wal-Mart names new executive.(Thomas Hyde)(Brief Article)
July 9, 2001... BENTONVILLE, ARK. -- Wal-Mart Stores Inc. named Thomas Hyde executive vp and senior general counsel. Hyde was most recently senior vp and general counsel of Raytheon Company He will be responsible for overseeing the legal activities and...
AutoZone reviews store initiatives.(Brief Article)(Statistical Data Included)
July 9, 2001... MEMPHIS, TENN. -- AutoZone has announced initiatives to further the creation of shareholder value and improve return on capital. The initiatives resulted from AutoZone's previously announced effort to review all of its underperforming assets....
Burlington Coat purchases 11 locations.(in New Jersey)(Brief Article)
July 9, 2001... BURLINGTON, N.J. -- Burlington Goat Factory Warehouse Corp. has acquired 11 locations, including 10 former Montgomery Ward units. The company also is taking posession of a former Bradlees location in New Jersey.
Clarification.
July 9, 2001... In the Video & DVD section of the June 4 edition of DSN Retailing Today, sales research firm Sports Trends Info. was included in a list of companies that will stop receiving sales information from Wal-Mart in July. In actuality, Sports Trends...
International characters stir interest at Licensing Show.
July 9, 2001... NEW YORK -- While Licensing Show 2001 International lacked the hysteria spawned by last year's big-to-dos, Harry Potter and Lord of the Rings, several international properties such as Butt-Ugly Martians and Yu-Gi-Oh! dominated talk at the...
Popularized entertainment icons continue to dominate licensing.(video games industry)(Brief Article)(Statistical Data Included)
July 9, 2001... NEW YORK -- Entertainment icons from film, television and video games are still the driving force in a licensing industry that generated more than $5.8 billion in revenue in 2000.
This was the message delivered by Licensing Industry...
Target exec says multichannel strategy can triple revenue.
July 9, 2001... CHICAGO -- The dot.com bust may have proved the Internet wasn't the be-all and end-all, but multichannel retailers who use it effectively as one of several customer portals can double or triple their revenues, featured speakers told attendees...
Best Buy shareholders mourn loss of beloved 'First Lady'.(Sandra Schulze)(Brief Article)(Statistical Data Included)(Obituary)
July 9, 2001... MINNEAPOLIS -- Best Buy's annual shareholders meeting took on a somber tone when what should have been a positive, forward-looking event was overshadowed by news that the wife of founder, chairman and ceo Richard Schulze had died several days...
It's a new 'City' for Circuit City.(Brief Article)(Statistical Data Included)
July 9, 2001... RICHMOND, VA. -- "Fiscal year 2001 was a busy year for all of us," Circuit City president and ceo Alan McCollough told attendees at the company's annual shareholders meeting. "The transformation we're going through [is] in order to make our...
Good Guys hits bump in its turnaround road.(Brief Article)(Statistical Data Included)
July 9, 2001... ALAMEDA, CALIF. -- The slump in consumer electronics sales hit home for The Good Guys last month when the chain posted a $10.1 million loss for its first quarter and an 8% decline in same store sales.
The 79-store chain based in Alameda,...
INSIDER TRADES.(Brief Article)
July 9, 2001... NATIONWIDE DSN REPORT -- The following are major insider trades as reported to the SEC.
STOCKS BOUGHT
Lowe's: Thomas O'Malley, director, bought 5,000 shares on May 3.0 at $69.00, now owns 10,000 shares.
One Price Clothing: James...
RETAIL IPO SCOREBOARD.(Brief Article)
July 9, 2001...
RETAIL IPO SCOREBOARD
Exchange/Company Gross Shares % Chg.
proceeds sold since
(in $mil.) (in mil.) offering
Initial Public Offerings...
MAJOR INDICES.(Brief Article)(Statistical Data Included)
July 9, 2001...
MAJOR INDICES
Close Close Net Percent
10/20/00 11/3/00 Change Change
DSN Retailing Today 4125.40 4360.80 235.40 5.71%
Dow Jones Ind. Avg. 10226.59 10817.95 591.36 ...
DSN RETAILING TODAY STOCK ANALYSIS.(Statistical Data Included)
July 9, 2001...
DSN RETAILING TODAY STOCK ANALYSIS
CLOSING CLOSING NET PERCENT
PRICE PRICE CHANGE CHANGE
COMPANY 10/20/00 11/3/00 PERIOD PERIOD
Amazon.com...
Gap Inc.(Brief Article)(Statistical Data Included)
July 9, 2001... Gap Inc. will leave no holes in streamlining its headquarters staff. The company is reviewing about 10,000 positions internationally, planning to reduce them by 5% to 7% from year-end fiscal 2000. This cutback is seen by analysts as a way to...
Post-antebellum-era Duck Head Apparel Co.(Tropical Sportswear International to acquire 100% of common stock)(Brief Article)
July 9, 2001... Post-antebellum-era Duck Head Apparel Co. is migrating to Tropical Sportswear Int'l Corp., which will acquire 100% of Duck Head common stock to the tune of $21 million, subject to shareholder approval. Tropical Sportswear, which produces...
Six Keds Stores will open this year.(Brief Article)
July 9, 2001... Six Keds Stores will open this year, in stride with the trend toward big-picture retail branding. This marketing effort is part and parcel of the company's lifestyle brand strategy. Stores will average 1,200 sq. ft., with the first two stores...
Unconventional wisdom: mass retailing is still growing.(Brief Article)
July 9, 2001... Despite all the banter about how bad a year it was for mass retailing, total industrywide performance was actually solid with sales growing by $46 billion, a 9.7% increase over 1999, according to DSN Retailing Today's exclusive Annual...