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Supply Chain & Merchandising

  • Dollar Tree merger good for sales, but related costs hammer earnings

    Chesapeake, Va. -- Dollar Tree swung to a loss in its second quarter on higher integration costs related to its acquisition of a formal rival. But its revenue skyrocketed as a result of the merger.

    On July 6, Dollar Tree completed its $9 billion acquisition of Family Dollar Inc.

  • First look: Macy's Backstage store in Queens

    Macy's is set to open its new format, Backstage, this week in Queens, and the retailer gave the Associated Press a sneak peak of the new effort and what's in store.

  • Fast-casual chain names DineEquity exec as CFO

    Jackson, Miss. -- The fast-growing Newk’s Eatery named Robert Nygren as CFO.

    Nygren comes to Newk’s with nearly two decades of financial management experience. He most recently served as VP of finance for DineEquity, the world’s largest full-service restaurant company, overseeing financial planning, analytics and strategy for Applebee’s and IHOP in conjunction with the brands’ operational and development objectives.

  • Survey: Back-to-school retailers should learn customer service

    Cincinnati – Retailers seeking to attract back-to-school shoppers should make sure they are well schooled in the ins and outs of providing good customer service.

    A new LoyaltyOne, Verde Group survey of 2,500 U.S. consumers shows that efficient service, more than price or product availability, drives store loyalty and repeat purchases for shoppers with kids younger than 18 at mass merchandise stores such as Walmart, Target and Staples.

  • BJ’s taps Hess Retail CEO as president, COO; successor to current CEO

    Westborough, Mass. – Has BJ’s Wholesale Club found its next CEO?

    The retailer named Christopher Baldwin, former CEO of Hess Retail, as president and COO, a position in which Baldwin is poised to succeed Laura Sen, current CEO of BJ’s.

    Baldwin will assume his new responsibilities at the chain on Sept. 8, where he will oversee merchandising, logistics, membership, marketing club operations.

  • Jet.com experience not yet first-class

    When online shopping club Jet.com launched in July, the retailer’s CEO said he aspired to have 15 million customers spending $20 billion by 2020.

    From the looks of the website, the prices and the shopping experience, Jet.com has a lot of work to do in order to get anywhere close to achieving that goal.

  • Simon mall to install automated retailing system

    Miami -- Shoppers at The Falls, in Miami, will be able to pick up personal care and over-the-counter items without ever entering a store.

  • Tech Bytes: Three Business Reasons to Track Ethical Sourcing

    Retailers invest in a variety of systems to track a wide range of supply chain and sourcing activities, but often overlook the need for technology to track ethical sourcing. Ethical sourcing refers to ensuring that products retailers sell do not involve exploitation or mistreatment of workers, unsafe facilities or production processes, stolen or counterfeit goods, or environmental hazards.

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