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Trading Partners

  • McKesson, Walmart team on generics sourcing, extend distribution agreement

    McKesson and Walmart on Monday announced a new generics sourcing agreement Monday alongside and extended distribution contract between the two companies. In a move aimed at improving value and scale for both parties, the agreement will see Walmart and McKesson jointly sourcing generics for their U.S. operations. 

  • Lowe’s takeover of Canadian home improvement chain gets regulatory OK

    Lowe’s takeover of Canadian home improvement chain gets regulatory OK With regulatory hurdles out of the way, Lowe's Cos. is one step closer to completing its acquisition of Canadian home improvement retailer Rona Inc. Lowe's has officially been granted approval under the Investment Canada Act and clearance from the Competition Bureau. Rone operates nearly 500 stores in Canada.

  • How to Increase Compliance with Shipment Consolidation

    It’s a sobering statistic: North American retailers lose $158.5 billion annually to supplier issues. Out of stocks cause 4.1 percent in lost revenue, according to retailwire.com; just as troubling, overstocks result in 3.2 percent in lost revenue for the average retailer. Retailers continue to refine their compliance programs to strike the right balance of inventory and meeting higher consumer service standards.

  • Staples and Office Depot call off merger in wake of ruling

    The nation’s two largest office-supply chains have pulled the plug on their $6.3 billion merger.

  • Report sees return to “less exuberant” retail M&A market

    The mergers and acquisitions market in consumer-retail overall will be active in 2016, but will also return to a more rational market with better balance between buyers and sellers and more reasonable deal values for higher-risk acquisitions.

  • Canadian retailers respond to Fort McMurray wildfires with donations

    Both Walmart Canada and Loblaw companies sent financial aid to support the relief efforts in the Fort McMurray community. According to reports published Friday morning, fires in the province of Alberta have to date forced the evacution of 88,000 residents and destroyed more than 1,600 structures.

  • Aeropostale files Chapter 11; store closings include exit from Canada

    In a move rumored for weeks, Aéropostale on Wednesday filed for Chapter 11 bankruptcy protection.

    The struggling teen apparel retailer said it would close 113 stores in the United States and all 41 of its stores in Canada. Store closing sales in the United States will begin this weekend (May 7-8), and in Canada during the week of May 9.

  • Report: Target to institute new rules, penalties for vendors

    Target Corp. is getting tough with vendors as it works to improve its supply chain.

    The retailer plans to tighten deadlines for deliveries to its warehouses, hike fines for late deliveries, and could institute penalties of up to $10,000 for inaccuracies in product information, according to a report by Reuters.

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