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Supply Chain & Merchandising

  • VF Corp. introduces 2021 growth plan

    VF Corp.'s new strategy is focused on maintaining the company's longevity — even in a rapidly changing marketplace.

  • Discount chain reported a Q4 profit — and plans for expansion

    Dollarama ended the year with a strong fourth quarter, an increase it credits to higher customer spending.   For the fourth quarter ended January 29, 2017, the Canadian discount retailer’s sales increased by 11.5% to $854.5 million. The chain’s gross margin was 41.4% of sales, compared to 40.8% of sales.  

  • Stage Stores to acquire bankrupt department store chain — but not all of it

    Gordmans is being rescued from liquidation — at least, part of it.    Stage Stores won a bid to acquire about half of Gordmans’ stores. The Omaha, Nebraska-based department store chain filed for Chapter 11 on March 13.    The retailer’s bid edged out Jeff Gordman, the former CEO of Gordmans, who also made a play to revive the bankrupt 106-store department store chain.   

  • Lululemon stretches profits in Q4, but hedges 2017 outlook

    A stronger focus on product innovation and digital initiatives contributed to gains during Lululemon’s fourth quarter, but a slow start to the year impacted the company’s expectations for Q1 2017.  

  • J.Jill ends Q4 with a profit, building momentum for 2017

    Ending its fiscal year with a strong fourth quarter has helped J.Jill hit year-over-year earnings growth for 20 consecutive quarters.   For the quarter ended January 28, 2017, the retailer’s total net sales increased by 14.8% to $166.9 million, up from $145.4 million in the fourth quarter of fiscal 2015. Gross profit increased to $105.5 million, up from $91.4 million in the same period last year. As a percentage of total net sales, gross profit was 63.2% compared to 62.9% in the fourth quarter of fiscal 2015.  

  • Gas and convenience store chain’s senior VP steps down

    Murphy USA is losing its senior VP, retail operations.   Marn Cheng will resign from his position on April 30. During his 17-year tenure, Cheng has held various leadership roles within the operations team, including retail operations, fuel supply, ethanol production, customer and store support.   He is resigning for personal reasons, and plans to spend more time with family in both Malaysia and the United States, according to Murphy USA.  

  • Reimagining Retail: Nordstrom

    On a recent trip to Seattle, my luggage was lost and I found myself without anything to wear except for the clothes on my back. I urgently needed a suit for a business meeting and decided Nordstrom was the best place to start given I was in the retailer’s hometown.   

  • Amazon continues expanding distribution network

    The online giant is bolstering its fleet of warehouses in the Lone Star State.   Amazon’s newest fulfillment center will be in Katy, Texas — its 10th in the state. The 1 million sq ft. facility will employ 1,000 associates who will pick, pack and ship larger-sized customer items, such as music equipment, sports gear and electronics.  
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