Rebel Improves, SRG’s Outdoor Banners are Mixed
Rebel Sport’s same-store sales grew 4% for the first half ending Dec. 27, while SRG’s outdoor banners BCF and Macpac were mixed, comping down 2% and up 8%, respectively. Despite posting record first-half sales, heavy discounting impacted company-wide gross margin, particularly at Rebel. A strong Holiday period sent year-to-date sales at Rebel up 5% to A$741 million ($484.3 mm), though the aforementioned promotional activity weighed down gross margins, and higher costs associated with store ... Log in to view full article.