Supply Chain & Merchandising

Sears Canada is looking to reinvent itself.    The long-struggling department store retailer said it expects to close 59 of its 225 stores and cut 2,900 of its approximately 17,000 workers as part of its restructuring. Sears Canada filed for protection from its creditors under Canada's Companies' Creditors Arrangement Act, the equivalent of Chapter 11 bankruptcy, on Thursday.    

Wisconsin has become the third state to legalize the use of the automated robots. Virginia and Idaho passed passed similar legislation earlier this year.    The Wisconsin law places an 80-pound weight limit on the robots, and doesn’t permit the machines to travel faster than 10 miles per hour. The robots are also required to have a person in the loop to take over control in case something goes awry, according to ReCode.  

Drone deliveries by Amazon could one day originate from an unusual-looking starting point.   

The Finish Line met earnings estimates for its first quarter amid sales that were less than expected.    The retailer reported net income of $8.1 million. Adjusted earnings per share came in at $0.23, in  line with analysts' expectations.    Consolidated net sales inched down 0.1% to $429.8 million in the quarter ended May 27. Same-store sales decreased 1.1%. Same-store sales at Finish Line in-store shops at Macy’s 13.6%.  

Bed, Bath & Beyond, which missed sales and earnings expectations for its first quarter, is focusing online for growth.   Citing strong digital growth, CEO Steven Temares said on the chain's quarterly earnings call that he expects store closings to increase as leases expire and as the way customers shop continue to evolve.  

In an era when shoppers want a seamless shopping experience, Walgreens is pulling out the stops to deliver on their expectation.  

Retailers can gain huge competitive advantages in an increasingly digital marketplace by leveraging consumer insights.   That's according to “The JDA Voice of the Category Manager.” The report, from JDA Software Group, tapped nearly 100 professionals responsible for category management and merchandising activity in North America.  

While the pace of decline at B&N has eased, the company remains firmly in decline with sales down across the board. The saving grace is that a firm grip on costs, which were slashed by $137 million over the year, allowed the group to reduce losses for the quarter, and to post a $22 million net profit for the full fiscal.