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Supply Chain & Merchandising

  • Target ups minimum wage—with even bigger hike planned by 2020

    Target Corp. is raising the stakes in the battle for retail store talent — and giving its employees a holiday surprise in the process.   The discounter on Monday announced plans to raise its minimum hourly wage for all associates to $11 in October. It also pledged to increase the rate to $15 by the end of 2020. The retailer said the move will help it better recruit and retain top-quality staff and provide a better shopping experience for customers.  
  • Kroger creates new website to help identify local product vendors

    Kroger on Friday launched a new website to welcome local and emerging brands to partner with the company.  
  • Butler employs social media to tame Irma’s effects

    As Hurricane Irma moved northward up the Florida peninsula, Butler Enterprises was ready with a plan to use social media to keep beleaguered Gainesville residents supplied with necessities.  
  • The impact of Hurricanes Harvey and Irma on retail sales

    Hurricanes Harvey and Harvey had a similar impact on retail sales and the toll was significant on online spending as well as spending in physical stores.  
  • Amazon in big restaurant push

    Amazon is upping its restaurant delivery program in a move to add some of the nation's best-known chains to its menu.   Olo, a New York-based food delivery service, announced that it is integrating Amazon Restaurants’ delivery service into its ordering platform. The collaboration potentially gives the online giant access to 200 restaurant brands, including Chipotle, Denny’s, Five Guys Burgers & Fries and Jamba Juice, among others.    
  • Finish Line profit, sales down in Q2

    Finish Line missed analysts expectations for its second quarter amid continued heavy promotion in the athletic footwear market.    The retailer reported net income of $2.8 million, or 7 cents per share, for the quarter ended Aug. 26, down from $22.1 million, or 53 cents a share, a year ago.  
  • Teen apparel retailer emerges from Chapter 11

    Rue21 is looking towards the future.    The retailer announced Friday that it has completed its financial restructuring and has emerged from bankruptcy. The chain filed for Chapter 11 bankruptcy protection in May 2017, listing $307 million in pre-petition assets. It filed a month after it said it would close 400 stores.   "We are pleased to be moving forward with rue21's next chapter of growth as a highly performing and distinctive retailer," said Melanie Cox, CEO of rue21.
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