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Supply Chain & Merchandising

  • Second quarter promising so far for Havertys

    The second quarter of fiscal 2016 is not yet over for home furnishings retailer Havertys, but shareholders may have reason to be optimistic.   Havertys reported that sales for the quarter to date are up approximately 3.6% from the same period last year and comparable store sales are up 3.2%. Total written sales for the quarter to date are up approximately 7%, and written comparable store sales rose 6.7%.   

  • Grocer to debut new store brand

    Brookshire Grocery Co. is expanding with a new neighborhood format.    The Tyler, Texas-based supermarket operator will open 26 locations this summer under its new Spring Market banner. The stores will be on the sites of former Walmart Express stores that Brookshire is in the process of acquiring. (The acquisition is scheduled to close in July.) The locations range from southern Louisiana to west Texas.  

  • The downside of returns — for store employees

    The liberal return policies of many big retailers are having a negative impact on the paychecks of store associates who receive commissions, according to a report by the New York Times.   

  • Target names freshman class for retail accelerator program

    And then there were 10 — technology start-ups that is. And the lineup ranges from one that develops apps for supply chain inspectors to one that creates wearable technology that helps users prevent sexual assaults. 

  • Westlake Ace Hardware adds new Kansas store

    Westlake Ace Hardware has entered into a lease agreement and will be opening a new store in Overland Park, Kansas.   Lenexa, Kansas-based Westlake will take possession of the 15,500-sq.-ft. store on July 29. The store is the current location of Dobbels True Value Hardware. It will officially reopen as a Westlake Ace in fall 2016. Dobbels is currently having a going-out-of-business sale.    

  • Office Depot in big hiring spree

    Office Depot isn’t about to let its rivals get the better of it during one of its busiest times of the year.   The office-supply retailer plans to hire a total of 8,000 seasonal and regular associates for the back-to-school season, up 33%, or 2,000 associates, over last year.  

  • Report: Walmart exploring new use for retail robotics

    Cars that drive themselves are yesterday’s news. The next big thing may be shopping carts that essentially do the same.   

  • Specialty retailer outsourcing real estate department

    Brookstone has retained New York-based RCS Real Estate Advisors to operate as the retailer’s outsourced real estate department.    Brookstone operates 218 stores across the United States and Puerto Rico in shopping malls, airports and other locations.   
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