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Trading Partners

  • RILA adds two execs to leadership team

    The Retail Industry Leaders Association (RILA) has appointed Sue Pifer as VP of compliance and Tiffin Shewmake as the director of the Center for Retail Compliance (CRC).

    “The experience and skills that Sue and Tiffin possess make them uniquely suited for delivering exceptional value to our member companies on a broad range of compliance issues. We are excited to have them join the RILA team,” said RILA president Sandy Kennedy.

  • GE Capital extends financing program with MarineMax

    Chicago -- GE Capital, Commercial Distribution Finance (CDF) announced it has significantly expanded its inventory financing program with MarineMax, and extended its duration through 2017.

    The $235 million facility will allow the company to expand its stocking plans from leading manufacturers in the industry.

  • Pep Boys selects LogicSource for sourcing and procurement services

    Norwalk, Conn. -- LogicSource, a leading sourcing and procurement services firm, announced a multi-year partnership with Pep Boys. LogicSource will provide on-site resources and access to shared service subject matter experts, optimizing Pep Boys’ strategic sourcing and procurement processes and reducing Pep Boys’ costs and time to market.

    The process improvements and costs savings will support Pep Boys’ “Road Ahead” expansion strategy.

  • Family Dollar rejects Dollar General’s tender offer

    Matthews, N.C. -- The heated battle for Family Dollar Stores rages on, with Family Dollar on Wednesday rejecting a $9.1 billion takeover bid from rival Dollar General and reaffirming its support of its deal with Dollar Tree. Family Dollar also urged shareholders not to tender their shares to the competing chain.

  • Plug and Play Holds Quarterly Pitch Competition Event

    Plug and Play, a business accelerator that specializes in tech startups, is holding its quarterly pitch competition event on its campus in Sunnyvale, California, on Thursday, September 18, from 9:30 a.m. to 7 p.m. PDT. The Plug and Play Fall Expo 2014 will feature 40-plus startup pitches, panel discussions and corporate networking. Chain Store Age will be in attendance — watch for a recap in the next edition of Customer Disruption!

  • Glimcher Realty Trust to be acquired in $4.3 billion deal

    Columbus, Ohio -- Washington Prime Group announced Tuesday it will acquire shopping center REIT Glimcher Realty Trust in a deal worth $4.3 billion.

    Washington Prime Group, a Bethesda, Maryland-based REIT, and Glimcher will combine under a new name WP Glimcher, with headquarters remaining in the current Glimcher offices in Columbus, Ohio.

    The newly combined company will remain publicly traded.

  • Starbucks in agreement with ICA Sweden to open stores in Sweden

    New York -- ICA Sweden has signed a licensing agreement with Starbucks Coffee Company to open Starbucks retail stores in the grocery store channel in Sweden. The cafés will be operated by ICA according to the Starbucks licensing concept and under the Starbucks brand.

    Initially, the plan is to open three Starbucks retail stores during 2015. These will then be evaluated before a decision is made on the possible establishment of more cafés.

  • Dick’s losing top merchant and ops exec

    Top Dick’s Sporting Goods executives Joe Schmidt and John Duken have announced plans to leave the retailer before the end of the fiscal year.

    Schmidt has served as Dick’s president and COO since 2009. He joined the company in 1990 and has served in key leadership roles with the retailer during his 24 year tenure. Schmidt will remain with the company until the end of the fiscal year, but could leave sooner once a successor is named.

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