September 06, 2024 Genesco Improves Sequentially with Signs of Life at Journeys
Sequential improvements from mall retailer Journeys were a bright spot in GCO’s second quarter, where the net loss narrowed to $9,992,000 from a loss of $31,665,000 on revenues that inched higher to $525,188,000 from $523,027,000. Zumiez Q2 Results Improve as N.A. Comps Rise High-Single Digits
The global retail group, which operates under the Zumiez, Blue Tomato, and Fast Times banners, narrowed its Q2 net loss to $847,000, 90% better than the year-ago loss of $8,509,000. Lids Emerges as Bidder for M-Den
Bankrupt University of Michigan athletics’ official merchandise retailer Heritage Collegiate Apparel, Inc., doing business as The M-Den, named Lids Holdings as stalking horse bidder, agreeing to pay around $4.3 million for the bankrupt retailer’s assets. NICS Checks Up Again in August
NSSF-adjusted NICS FBI background checks increased 8.3% last month to 1,210,995 from 1,117,821, improving for the second consecutive month. Etcetera: Under Armour, 5.11 Tactical, Hanesbrands, Cotopaxi, TriStar Arms
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