The 1,182-door chain Journeys benefitted from balanced sales contributions from its fashion athletic and casual brands in the period ended Nov. 2. Comparable store sales rose 4 percent, helped by positive store and e-commerce sales, as total Journeys Group quarterly sales rose 2.7 percent to more than $354.9 million and segment operating income jumped 17 percent to more than $28.9 million. The quarterly results were also driven by more full-price selling and an extended sandal selling season, pushing gross margins up 50 basis points.
Genesco senior management confirmed the opening of 15 Journeys and Journeys Kidz doors this fiscal year as well as 40 closures if new rent deals can’t be secured for the locations. Management also confirmed that the Journeys banner benefitted in Q3 from a decision to accelerate cross-docking that helped inventory go from warehouse to stores much more quickly. During the period, the chain shipped more than 60 percent of web orders from its distribution centers, allowing in-store personnel more time to focus on customer service matters and less on packing up online orders for shipping.
In a separate development, 250 Genesco employees recently volunteered to help outfit 400 Nashville, TN elementary students with new shoes as part of the company’s annual “Cold Feet, Warm Shoes” community outreach event.