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Supply Chain & Merchandising

  • Amazon makes a delivery deal with UK grocer

    Amazon is about to launch its biggest venture into food outside of the United States.
     
    The online giant will deliver groceries to Amazon Prime Now and Amazon Pantry customers in the United Kingdom under a new wholesale supply deal it has struck with Morrisons, the U.K.’s fourth-largest supermarket chain.

    Under the arrangement, Morrisons will supply fresh, frozen and non-perishable goods to Amazon customers, starting later this year.

  • Lumber Liquidator woes continue in Q4

    Things were worse than expected for Lumber Liquidators in the fourth quarter, which experienced decreased customer activity that was likely due to cancer-related concerns over its laminate flooring.

    Net sales for the quarter ended Dec. 31, 2015 were down 13.7% year-over-year to $234.8 million, including a comparable store net sales decline of 17.2% that was based on a 15.6% decrease in customer count and a 1.6% decrease in the average sale.

  • Up Close: Shoppers review Amazon Books

    Modern. Innovative. Interactive. Organized.

    Those were among the words used most often by mystery shoppers to describe Amazon’s first ever retail storefront, Amazon Books. The report comes amid ongoing rumors that the Internet giant is planning to roll out additional stores.

  • Lumber Liquidators taps Lowe’s veteran as COO

    Lumber Liquidators on Monday announced the appointment of Dennis Knowles as COO, effective March 1, 2016.

    Knowles has served in store operations leadership roles at Lowe's Companies since 2001, most recently as chief store operations officer, and prior to that as senior VP of store operations support and specialty sales and its senior VP of store operations for Lowe's West and South Central Divisions, respectively.

  • A sparkly fourth quarter for Signet Jewelers

    Signet Jewelers attracted large numbers of Christmas shoppers over the fourth quarter as the parent company of Zales, Kay and Jared posted a jump in same-store sales.

    The world's largest retailer of diamond jewelry reported that for the period ended Jan. 30, same-store sales increased 4.9%. Diluted earnings per share grew over 20%. Adjusted EPS increased over 18% and ahead of the guided range.

  • Target looks to Amazon for new logistics chief

    Target Corp. is hiring Arthur Valdez, a 16-year veteran of Amazon.com, as executive VP, chief supply chain and logistics officer.

    Valdez will lead Target’s supply chain transformation including planning, distribution and transportation. He will report to Target’s executive VP and COO John Mulligan.

  • Kidpik gives girls fashion power

    Young girls are notoriously picky about what they wear, and now someone is doing something about it.

    Kidpik, a new online shopping service aimed at girls age 3-12 (and their parents), offers curated, personalized fashion collections. Girls initially fill out an interactive quiz about their apparel preferences, and based on the results are assigned a look such as Girly Girl, Modest or Classic Chic.

  • Shoppers Drug Mart posts Q4 same-store sales lift of 5%

    Loblaw on Thursday posted $33.6 billion in revenue for its year ended Jan. 2, a 6.5% lift with one week less of sales - Loblaw's fiscal 2015 represents 52 weeks while fiscal 2014 represents 53 weeks.

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