Supply Chain & Merchandising

Rite Aid on Thursday reported $7.7 billion in revenue for its fiscal second quarter ended Aug. 29, representing an increase of 17.5%. Retail pharmacy segment revenues were $6.6 billion and increased 1.9%, primarily as a result of an increase in same-store sales. And pharmacy services segment revenues were $1.1 billion from the date of the acquisition of EnvisionRx — June 24 — through the end of the quarter. 

Home furnishings retailer Havertys reported that Gary Niedermeyer, assistant VP, supply chain, will retire at the end of 2015. He will be succeeded by Abir Thakurta, who will report to Richard D. Gallagher, executive VP, merchandising.

Abir Thakurta joins Havertys with considerable experience in cross-industry supply chain strategy and operational design. He was most recently with GT Nexus as a director in their supply chain consulting practice where he implemented performance improvement programs with retailers worldwide.

Shortly after expanding its e-commerce partnership with Facebook, the cloud-based multichannel Shopify platform is teaming up with another online giant. Shopify has been selected as the preferred migration provider for Amazon Webstore, making it easier for online businesses to sell on both Amazon and other channels using Shopify.

Star Wars merchandise is shaking up the busy fall retail season, according to a new report.

According to new research from 360pi, between Sept. 4 and 10, Star Wars-themed toys comprised nearly two in 10 of the daily top 100 best selling toys on Amazon, dethroning bestsellers Cards Against Humanity, Crayola and Exploding Kittens, and replacing traditional Lego items with Star Wars-themed versions.

Vancouver-based specialty online footwear retailer Shoes.com is sprinting toward new levels of fast delivery.

Shoes.com is offering home and office delivery in two hours or less on select items on its Canadian website.

The service costs $19.95 per order and launches Thursday, Sept. 17 in Vancouver and Toronto and surrounding municipalities, with plans to expand to Calgary, Edmonton, Montreal and Ottawa by the end of 2015.

Shoes.com will use a network of local fulfillment centers that have access to the retailer’s technology, operations and marketing.

Target Corp. has operated an innovation lab in San Francisco since 2013, but now the retailer is eyeing a more accelerated and outward-focused approach to innovation.

Champs Sports is joining the rapidly expanding ranks of retailers with a consumer-facing mobile app. The Champs Sports app allows customers to find upcoming sneaker launches, launch dates, and locations in which the hottest sneakers can be purchased, as well as browse and buy items from the online Champs store.

A complete release calendar allows customers to keep up with future shoe launches and be the first to know about hot, new releases. Users can also select a specific sneaker release and seamlessly add it to their iCalendar or Google Calendar.

The overwhelming majority of merchants are not ready for the shift to EMV. 

Only 27% of U.S. merchants will be EMV-ready by the October 1st liability shift, down from the 34% estimated in March, according to a survy by The Strawhecker Group (TSG).

By December 2015, 44% of U.S. merchants are expected to adopt EMV, however EMV-readiness will not reach a threshold of least 90% until 2017— more than 15 months after the shift.