Bombay Sales Decline Delays Store Openings

Share this article:
The Bombay Company Inc. will delay new store openings as a result of poor sales during the first half of the year.


The Fort Worth, TX, company said Aug. 18 that revenue for the second quarter ended July 31 declined 6 percent to $122.5 million. Same-store sales decreased 18 percent.


In the first half of the year, revenue declined 1 percent to $246.1 million while same-store sales dropped 13 percent compared with the year-ago period.


"In light of results of the first half, we have decided to delay the opening of up to 10 stores for 2004," said James D. Carreker, chairman/CEO of Bombay.


Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

Wine.com Uncorks New Digital Marketing Opportunities

Wine.com Uncorks New Digital Marketing Opportunities

The online wine retailer's strategy incorporates different flavors and depths.

93% of Companies Are Ineffective at Cross-Channel Marketing

93% of Companies Are Ineffective at Cross-Channel Marketing ...

Companies point to a lack of resources as the most common reason for lackluster marketing integration, a study says.

Metal Mulisha Races Towards Customization

Metal Mulisha Races Towards Customization

The motocross apparel company boosts mobile and Web conversions through product recommendations and personalized search.