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Gottschalks Reports October and Third Quarter 2008 Sales

FRESNO, Calif., Nov. 6 /PRNewswire-FirstCall/ -- Gottschalks Inc. (NYSE: ) today announced that same store sales for the month of October decreased 13.4% from the prior year. Total sales for the four-week period decreased 13.4% to $36.1 million compared to $41.7 million in the same period of fiscal 2007. For the third fiscal quarter, which consisted of 13 weeks, same store sales decreased...

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US: Gottschalks faces NYSE trading suspension

Regional department store chain Gottschalks has been informed by the New York Stock Exchange (NYSE) that it plans to suspend trading of Gottschalks' stock prior to the market opening on 27 October 2008, saying the retailer's was not meeting one of its requirements.

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Gottschalks kicked off New York Stock Exchange

The New York Stock Exchange has informed Fresno-based Gottschalks Inc. that it will be delisted starting Monday because the company’s market capitalization value has fallen below $25 million. NYSE’s decision is essentially a determination that the company, which has two stores in Bakersfield, is too small to be traded on the prominent exchange.

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Gottschalks Opens New Store in Bend, Oregon

~ New Specialty Department Store Concept Featuring Major Fashion Brands ~ FRESNO, Calif., Oct. 23 /PRNewswire-FirstCall/ -- Gottschalks Inc. (NYSE: ) today announced the opening of its new 55,000 square foot store in Bend, Oregon. The store will feature many of the best quality fashion labels for women, juniors, men and kids to the Bend market area. The Gottschalks store is located...

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Gottschalks will appeal stock delisting by NYSE

Gottschalks Inc., a Fresno-based retail chain, said Tuesday it will appeal a decision by the New York Stock Exchange to suspend trading of its stock.

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Gottschalks Statement Regarding NYSE Listing Standards

FRESNO, Calif., Oct. 21 /PRNewswire-FirstCall/ -- Gottschalks Inc. (NYSE: ) today announced that the New York Stock Exchange ("NYSE") informed the Company that it is in non-compliance with Section 802.01B of the NYSE Listed Company Manual, because over a consecutive 30-day trading period, the Company's average global market capitalization was less than $25 million. As a result, the NYSE plans...

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Gottschalks Reports September 2008 Sales

FRESNO, Calif., Oct. 9 /PRNewswire-FirstCall/ -- Gottschalks Inc. (NYSE: ) today announced that same store sales for the month of September decreased 11.8% from the prior year. Total sales for the five-week period decreased 13.2% to $45.8 million compared to $52.8 million in the same period of fiscal 2007. On a year-to-date basis, which consisted of 35 weeks, same store sales decreased 9.3%...

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Bell ringers ready for holidays

... be in front of Wal-Mart again until after Thanksgiving, shoppers will see others at Dillard's, Gottschalks and Marshalls, Miller said.More volunteers will be in front of other stores starting Saturday.The Salvation Army will begin having bell ringers in front of Wal-Mart stores full-time starting the day after Thanksgiving in a few weeks. Burson, 47, said he planned on working more shifts...

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Organically Grown Launches Affordable Baby Apparel Line

In the spirit of helping to create a healthier, cleaner earth, Organically Grown, a Los Angeles based company, launches its Organically Grown Baby apparel line at select retailers including Macys , Gottschalks, Dillards and Buy Buy Baby. The infant product, sizes newborn to 9 months, is made from brushed jersey and terry velour organic cotton . The 3-piece sets consist of baby gowns, body suits,...

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A Dismal October for Comp Store Sales

As expected, October comparable-store sales were as scary as Halloween, with a number of retailers posting double-digit declines. Few were immune, and one specialty chain searching for better results has decided to sell a recent acquisition. Macy’s Inc., reporting for the first time in several months, said same-store sales fell by 5.3 percent; Dillards’ fell by 8 percent, and Gottschalks Inc....

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Planalytics U.S. WeatherCall Report: September's Storminess and Cooler Temperatures Boost Need-Based Consumer Purchases

... Dollar Stores (FDO) and Target (TGT). Among companies showing the largest negative indices were Gottschalks (GOT) and West Marine (WMAR). "Although shoppers are certainly pulling back in the face of a sputtering economy, they will make purchases when they need to," commented Scott Bernhardt, Planalytics' Chief Operating Officer. "In the current environment, weather matters more than ever....