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Article Date: July 2016
Word Count: 1528

Total Retail Compensation Fell 2% in 2015


Following a year in which consumers continued to challenge retailers with new shopping habits, port disruptions, some funky weather and a weak Holiday shopping season, the mean compensation for sporting goods retail executives declined to $1,998,069 from $2,029,131 against the prior year. That more or less reflected the overall retail performance for the year, which saw profits essentially flat at $1,728.8 million on a 6% sales increase to $31,768.4 million. Shareholders didn’t make out nearly as well, as the average stock in the sector was down 10.3%, a result considerably boosted by Foot Locker’s 12% appreciation as 11 of the ... Log in to view full article.

 


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