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Supply Chain & Merchandising

  • J. Crew swings to loss

    New York — It was tough sledding for J. Crew Group in the second quarter as its namesake brand continued to decline.   The retailer swung to a net loss of $13.6 million for the quarter, ended Aug. 1,  compared with earnings of $10.8 million in the year-ago period.    Revenue fell 5% to $593.6 million.  
  • Candy, tobacco help lift Dollar General's sales

    Dollar General grew customer traffic and average ticket for the 30th consecutive quarter even as the company refocuses on efforts to strengthen topline growth.
  • The cost-cutting continues at Chico's

    While sales at Chico’s appear to be improving, the specialty retailer's turnaround plan also includes selling off one of its divisions.

  • Walmart to stop selling assault rifles

    New York -- Walmart plans to stop selling AR-15 assault rifles and other modern sporting rifles, a move the company says is motivated not by politics but by falling consumer demand.

  • Kate Upton ads a boon for Express?

    Express Inc. says improved marketing and merchandising measures led to strong profit and revenue performance in the second quarter.

    Net income totaled $21 million, compared to $6.9 million, boosted by gross profit resulting from cost of sales growth that was significantly behind the rate of net sales growth.

    Net sales increased 11% to $535.58 million from $481.42 million. Same-store sales rose 7% and e-commerce sales grew 21%.

  • Chico’s Q2 tops forecast; to sell one of its divisions

    Fort Myers, Fla. – Chico’s FAS Inc. on Wednesday released better-than-expected second quarter sales and earnings and also announced it was selling off its Boston Proper specialty women’s apparel business.

    Earlier this year, the retailer launched a turnaround plan that includes closing some 120 stores through February 2017, cutting jobs and reducing spending.

  • Bon-Ton increases e-commerce support

    Milwaukee - The Bon-Ton Stores Inc. is increasing its support of e-commerce with a new 743,000-sq.-ft. direct-to-consumer fulfillment center.

    The facility, which began transitioning fulfillment operations in June, supports the company’s expanding e-commerce business and omnichannel growth plans.

  • Walgreens manages energy expenses

    Deerfield, Ill. - Walgreens is taking a smart approach to energy expense management.

    The retailer expanded its use of EnerNOC's energy intelligence software to manage its utility bills at more than 8,300 sites across the U.S.

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