StORES Magazine - August 2007 - (Page S15)

SIZZLING SEGMENT HOT1OO company-owned and operated Arby’s Sporting Goods/Recreation 17.90% 28.1% units in the United States and another MarineMax Dick’s Sporting Goods 18.6% 2,600 franchised locations. High-energy personnel umiez, the Everett, Wash.based seller of active sports apparel, footwear and accessories for board sports, motocross and bicycle motocross, has been around for nearly 30 years but didn’t make its initial public offering of stock until May 2005. The company added 75 stores through acquisition and new construction in 2006, and plans to add another 50 units this year. Sales (up 44 percent in the first quarter, accompanied by a 45.8 percent leap in Hibbett Sports Cabela’s Gander Mountain Sport Chalet 16.3% 14.7% 13.3% 13.1% Z 33 Hot 100 Retailers that reported net losses in FY 2006 COMPANY 2006 STORES 2005 STORES CHANGE NOT SO HOT UNITS “Negative” growth isn’t always as negative as it might seem. The two leaders in the grouping both shed a lot of stores between the ends of their 2005 and 2006 fiscal years, and both improved profitability in the process. Saks sold off department stores remaining from its Saks Inc. period to The Bon Ton Stores as part of a turnaround effort that has been so successful that Saks also landed on the list of retailers with the hottest earnings. Winn-Dixie’s store closings and sell-offs came during a period of bankruptcy proceedings that brought the Jacksonville, Fla.-based grocer back into the black. Landry’s Restaurants was among those Gulf Coastcentered multi-unit operators forced to deal with some Katrina-impacted locations that weren’t worth re-opening. The company also sold its Joe’s Crab Shack chain last November. RadioShack’s downsizing of store count came with a layoff of associates as former Kmart CEO Julian Day tries to resuscitate the beleaguered chain. Circuit City is another electronics retailer that has fallen on hard times, closing stores in an effort to stanch the flow of red ink. Federated Department Stores sold off a number of redundant locations after acquiring May Department Stores two years ago, including the entire Lord & Taylor group. For the past eight years, Rex stores has been active in several synthetic fuel investments while maintaining a chain of stores selling consumer electronics and appliances. Rex is currently moving into ethanol production, with commitments to a half-dozen different projects, and is shedding stores to free up locations. The effort is ongoing, with the company entering into sale/leaseback agreements with Coventry Real Estate Investments involving 94 current or former store locations. WWW.STORES.ORG Saks Winn-Dixie Landry’s Seafood RadioShack Federated Dept. Stores REX Stores Circuit City Jennifer Convertibles Buca Gottschalks 165 539 375 6,000 1,360 193 1,152 175 92 65 344 913 511 7,000 1,570 218 1,284 194 101 69 -52.0% -41.0 -26.6 -14.3 -13.4 -11.5 -10.3 -9.8 -8.9 -5.8 STORES AUGUST 2007 S15 http://WWW.STORES.ORG

Table of Contents Feed for the Digital Edition of StORES Magazine - August 2007

Contents Executive Editor's Page President's Page Upfront NRF News Retail People Concept2Watch Supermarkets Cover Story Online Marketing In-Store Marketing RFID Data Management Payment Systems Software Loss Prevention E-Commerce Risk Management Communications Loyalty Marketing Human Resources Mobile Commerce Loeb Retail Letter Arts Update Point of View Advertising Index Retail Industry Calendar

StORES Magazine - August 2007

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