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Supply Chain & Merchandising

  • Kantar Retail: Lidl to generate nearly $700 million in sales by the end of 2018

    Lidl makes its long-awaited U.S. debut on June 15, opening the first three of 20 stores it plans to open this summer across Virginia, North Carolina and South Carolina. Mike Paglia, retail director of Kantan Retail, offers the following insights on the grocer's prospects in the United States:   
  • Aldi accelerates store expansion as supermarket wars heat up

    A German discount grocer has set its sights on becoming the third-largest American food retailer by store count, behind Walmart and Kroger.   
  • Children's clothing retailer files for bankruptcy; store closings loom

    Gymboree has filed for Chapter 11 bankruptcy protection.    The retailer announced the filing, which had been expected, on Monday morning. The chain said it has partnered with AlixPartners to assist with turnaround efforts.   
  • Update on Walgreens-Rite Aid merger

    There's been another development in the planned Walgreens Boot Alliance and Rite Aid merger.  
  • Online jeweler snags former Target exec as CEO

    Blue Nile has a new chief executive.   Jason Goldberger was named the online retailer’s new president and CEO. He will replace Harvey Kanter, who will remain on the company’s board as chairman.  
  • Robots, humans to staff online giant's new fulfillment center

    Amazon’s newest distribution center will use robotics to streamline operations.   The online giant plans to open its second Colorado fulfillment center in Thornton. This will be the first Amazon Robotics facility in the Centennial State.   
  • Canadian REIT buys five grocery-anchored centers

    The Toronto-based Slate Retail REIT announced it has entered into an agreement to acquire five grocery-anchored centers in Florida and Pennsylvania for a total of $105 million.   “This five-asset portfolio meets all of our acquisition criteria -- attractive returns, markets we like that add scale, pricing well below replacement cost, strong anchors, and in-place rents that are below market,” said Slate CEO Greg Stevenson.  
  • French retail giant names new CEO

    One of the world's largest retailers has appointed a new chief executive as its looks to catch up with the online revolution and shore up its home performance.   Carrefour has named Alexandre Bompard, 44, as its new chairman and CEO, effective July 18, ending an eight-month search. He succeeds Georges Plassat, who has served in the top position at the hypermarket retailer, which operates more than 11,900 stores in over 30 countries, since 2012.   
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