Baxter jumps to VF from Home Depot
TAMPA, Fla. Scott Baxter, former head of Home Depot’s home services division, has joined VF Imagewear as president of its activewear division, which markets branded apparel under agreements with licensors such as the National Football League, Major League Baseball, Harley-Davidson, the National Hockey League and the National Basketball Association.
Baxter most recently served as senior vp of Home Depot, in charge of the home services division. He also has served as evp of Edward Don & Company, a leading foodservice equipment and supply distributor based in Chicago, and president of LNC’s Restaurant Leadership Group. He also has held senior sales and business development positions with PepsiCo and Nestle.
Baxter will report to Ed Doran, president of VF’s Imagewear Coalition. “VF Imagewear has a robust activewear business that includes authentic, replica and fanwear licensed apparel brands and key relationships with leading licensees and retailers. Scott Baxter is uniquely qualified to lead the growth of this business, given his diverse combination of skills and experience in managing large, complex businesses and his successful track record in retail and sales management with several well-known consumer brand companies,” Doran said.
BJ’s reports October comps increase
NATICK, Mass. BJ’s Wholesale Club today reported that sales for October increased by 9.2% to $663.8 million from $607.9 million in October 2006. Comparable-club sales increased by 4.8% for the month, compared with a comparable-club sales decrease for October of 0.7%, including a negative impact from sales of gasoline of 2.5%.
For the third quarter ended Nov. 3, total sales increased by 8.1% to $2.12 billion, and comparable-club sales increased by 3.4%. For the third quarter ended Oct. 28, 2006, comparable-club sales increased by 0.1%.
According to BJ’s, October sales increased in all major regions with the highest increase in Metro New York and the lowest increase in the Southeast. Food sales increased by approximately 5% for the month of October and 6% for the third quarter. General merchandise sales were approximately flat in October and increased by approximately 2% for the third quarter.
For the month of October, BJ’s reported that categories with strong comparable-club sales increases included coffee, dairy, frozen, juices, meat, milk, office supplies, produce, soda and water and televisions. Weaker categories versus last year included apparel, automotive and tools, cigarettes, prerecorded video, residential furniture and tires.
Costco comps jump 9% in October
ISSAQUAH, Wash. Costco reported a big 9% jump in same-store sales in October.
Leading the way was a 17% increase in sales at its international stores with U.S. sales jumping 7%. The increase beat the 5.7% average predicted by analysts for the month.