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Supply Chain & Merchandising

  • Jeff Bezos: Amazon planning more stores—at some point

    Speaking at his company’s annual shareholders meeting, Amazon CEO Jeff Bezos said the online giant will open more stores—but he didn’t specify when, according to the Seattle Times.

  • Ace Hardware plays mixed fiscal hand in Q1

    Ace Hardware took home "record" first quarter revenues of $1.2 billion in the first quarter, an increase of 4.3% over last year. The message was a little more muddled for earnings. Though its first quarter net income of $26.1 million was down 12.7% year-over-year, that figure was still 12.0% ahead of plan. It was also a planned reduction owing to the timing of promotions.

  • Independent grocer focuses on POS for improved store service

    Tops Friendly Markets, a Williamsville, New York-based supermarket chain with more than 170 stores in New York, Pennsylvania and Vermont, is making sure the last step in the path to purchase goes smoothly.

    Tops is leveraging the Toshiba SurePOS ACE POS application to provide store shoppers with a convenient and integrated customer experience. During a nine-month chainwide rollout, the retailer replaced 20-plus-year-old POS terminals with the new Toshiba solution.

  • Smart & Final gets ‘Extra!’ dose of growth

    The demise of regional grocer Haggen has been a boon to Smart & Final which grew its store count by more than 10% after acquiring former Haggen locations.

    Last December, Smart & Final acquired 33 Haggen lease locations and the company recently announced that it had opened all those locations under its Smart & Final Extra! banner.

  • C-Suite: Steve Tanger on the outlook for outlet centers

    Tanger Factory Outlet Centers operates, owns or has an ownership interest in 42 shopping centers nationwide that encompass 14.3 million square feet. The company’s centers are home to more than 3,000 stores operated by 470 different retailers, which affords Tanger President and CEO Steve Tanger a unique vantage point on the retail industry. He spoke recently with Chain Store Age about the outlet shopping industry his father pioneered 35 years ago.

  • McKesson, Walmart team on generics sourcing, extend distribution agreement

    McKesson and Walmart on Monday announced a new generics sourcing agreement Monday alongside and extended distribution contract between the two companies. In a move aimed at improving value and scale for both parties, the agreement will see Walmart and McKesson jointly sourcing generics for their U.S. operations. 

  • Gordmans grabs Bon Ton ops exec

    Veteran Bon-Ton Stores executive Michael Ricart has joined value-priced department store chain Gordman’s Stores as senior vice president of stores.

  • Petco pounces on omnichannel with POS solution

    A major omnichannel advancement is coming soon to Petco’s more than 1,400 stores as the retailer works with Toshiba Global Commerce Solutions on a wide ranging initiative to integrate physical and digital operations.

    Petco selected Toshiba’s omnichannel solution branded as TCxGravity to create a seamless commerce offering and improve the overall shopper experience, according to the companies.

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