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  • GNC reports strong Q4; to open 180 stores in U.S. in 2013

    Pittsburgh -- GNC Holdings is bullish on expansion. Reporting impressive results for the fourth quarter, the retailer plans to open approximately 150 net new U.S. stores in 2013, along with 30 net new domestic franchise locations, and 175-200 net new international franchise locations. It also will open 30 net new GNC-Rite Aid store-within-a-store locations.

  • OfficeMax, Office Depot reportedly discussing merger

    New York -- Office Depot and OfficeMax are in talks to merge, according to reports by the Wall Street Journal and Bloomberg.

    The retailers are discussing as potential stock swap that would result in a single company with nearly $18 billion in revenue, reports said. The combined company would be better positioned to take on Staples, Walmart and other competitors.

  • Supply chain event has omni-channel emphasis

    Thought leaders from the supply chain world are scheduled to participate in a forward-looking event scheduled for April 11 in Northwest Arkansas.

    The event is organized by the Supply Chain Management Research Center at the University of Arkansas and this year’s theme is, "Supply chains 2020: collaborating to win in an omni-channel world."

  • The Vitamin Shoppe closes on acquisition of Super Supplements

    North Bergen, N.J. -- The Vitamin Shoppe announced that it has closed on the previously announced purchase of Super Supplements, a specialty retailer of vitamins, minerals and supplements for approximately $50 million. The acquisition was funded with available cash. 

    The transaction was structured as a purchase of Super Supplements' assets by a wholly-owned subsidiary of the Vitamin Shoppe. Super Supplements is headquartered in Seattle, Washington and operates 31 stores in the Pacific Northwest.
     

  • Ascena Retail Group names sourcing head

    SUFFERN, N.Y. — Ascena Retail Group, a leading specialty retailer offering clothing, shoes, and accessories for missy and plus-size women and tween girls, under the Justice, Lane Bryant, maurices, dressbarn and Catherines brands, has named Ronnie Robinson to the position of president Ascena Global Sourcing (AGS).

  • Ralph Lauren's Denim & Supply format to make U.S. debut in New York City

    New York -- Ralph Lauren Corp. will debut its Denim & Supply retail banner in the United States, opening a store in New York City this spring, according to WWD.com. It will be the first freestanding U.S. location for the brand, which features affordable price points.  

  • Tiffany lawsuit shines light on Costco diamonds

    NEW YORK — Jewelry maker Tiffany & Co. is suing Costco Wholesale, alleging that the club retailer falsely marketed diamond engagement rings as coming from the New York-based jeweler, according to published reports.

    News media reported that Tiffany filed suit against Issaquah, Wash.-based Costco in the Federal District Court in Manhattan.

  • Report: Office Depot in talks to sell off rest of Mexican unit

    New York -- A Friday report by Bloomberg said that Office Depot is considering selling the remaining 50% of its Mexican unit to Grupo Gigante SAB, which currently owns the other half.

    Citing unnamed sources, Bloomberg reported that Grupo Gigante is in talks with local banks to fund the acquisition of Office Depot de Mexico.
     

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