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Supply Chain & Merchandising

  • K-VA-T stays in the money

    Arlington, Va. – Regional southeastern grocery retailer K-VA-T Food Stores is staying in the money, and doing it remotely.

    The operator of the Food City and Super Dollar banners has implemented vbInSight by Balance Innovations as its corporate reporting solution.

    vbInSight is a Web-based corporate reporting application that provides K-VA-T with immediate access, via alerts, to individual and aggregate bookkeeper and cashier data.

  • Fresh Market looks to roar with ex-Food Lion exec

    After a monthslong search for a new president and chief executive, the Fresh Market Inc. has turned to a retail veteran to provide leadership at a time when the company's growth has been stagnant. 

    The Fresh Market announced that its board of directors has named veteran food retail executive Richard Anicetti as the company’s president and CEO, effective immediately. Anicetti has also been elected to the company’s board of directors.

  • IHL: One vendor dominates hardgoods POS market

    Franklin, Tenn. – Unlike the softgoods retail POS market where there are two leading vendors, one vendor clearly dominates the POS market for hardgoods retailers.

    According to the new “POS Software of Hardgoods” study from IHL Group, Oracle is the clear market leader in the hardgoods market, with 39 of the top 200 accounts.  

  • HEB joins Instacart bandwagon

    Regional supermarket operation H-E-B wants to make its customers lives’ better and believes its new relationship with Instacart accomplishes that objective.

    H-E-B is the latest retailer to reach an agreement with grocery delivery service provider Instacart to offer home delivery in the Austin and Houston markets.

  • Shoe Carnival celebrates profit hike in Q2, plans new stores

    Evansville, Ind. -- Shoe Carnival Inc. kicked up its heels about its profit in the second quarter, but missed on sales.

    Aided by higher merchandise margins and lower advertising expenses, Shoe Carnival reported net earnings of $4.8 million, up 84% from $2.6 million a year earlier. Its results easily beat estimates.

    Net sales rose 2% $227.8 million, less than expected, from $222.1 million. Same-store sales rose 0.5%.

    Shoe Carnival plans to open 21 new stores and close 15 stores by the end of fiscal 2015.

  • H-E-B is Instacart’s newest partner

    San Francisco -- Regional supermarket operator H-E-B has joined the ranks of retailers offering home delivery service.  

    The chain is the latest retailer to reach an agreement with grocery delivery service provider Instacart. Under the deal, Instagram will offer home delivery to H-E-B customers in the Austin and Houston markets.

  • Report: Forever 21 seeks smaller stores, loan

    Los Angeles – Forever 21, known for operating some truly large stores, is reportedly rethinking that strategy.

    According to the Wall Street Journal, the specialty fast-fashion retailer is also in talks to obtain a $150 million load.

  • Kroger Co. names a new key executive

    Kroger already has a good relationship with shoppers, but the retailer is looking to elevate its brand even further by making a key hire in reputation management.

    The Kroger Co. announced it has named Jessica C. Adelman to serve as Kroger's group vice president of corporate affairs, effective Nov. 1. 

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