Supply Chain & Merchandising

Private equity firm Sycamore Partners is adding a department store to its growing portfolio, which includes such brands as Aeropostale, Jones New York and Nine West.

Along with increased sales and profits, the holidays also bring retailers increased strain on their networks. Fortunately, there are a number of steps retailers can take to keep their networks secure, scaled and operational throughout the busy holiday season. Jay Yanko, retail global practice leader for Verizon Enterprise Solutions Group, has advice to keep the holidays networked and bright.

When it comes to security, Yanko said the same rules that apply the rest of the year apply during the holidays.

“The majority of holiday security issues are basic,” said Yanko.

New York - Nine West Holdings Inc. is taking ownership of its Canadian brand assets, including 45 store leases.

The company has acquired the business operations of Sherson Group Inc., which previously held the exclusive rights to the Nine West, Anne Klein and Easy Spirit brands in Canada.

Nine West intends to continue providing these brands to customers across Canada at Nine West mall-based locations and Shoe Studio outlet stores, as well as at department stores.

Interior build-outs in the retail sector can be some of the most expensive construction projects, with cost per unit area far exceeding that of an exterior build. They are also often more logistically complex. For example, coordination of all the different trades and the delivery of materials, fixtures, and products is key to ensuring quality, containing costs, and avoiding delays.

Atlanta -- The Home Depot announced it has completed its $1.625 billion acquisition of Interline Brands.

The home improvement giant has previously announced agreement to acquire Interline, a national distributor and direct marketer of broad-line maintenance, repair and operations products, on July 22, 2015.

Between buyer’s remorse, relaxed return policies and the substantial increase in online purchases (which come with an average return rate of 12%-15%), 3.5 billion items are returned to retailers each year. This adds up to around $260 billion of merchandise.

For consumers, “holiday planning” means creating shopping lists and perhaps deciding whether to invite your annoying uncle to the family festivities. For retailers, holiday planning means organizing and optimizing the entire enterprise to adequately handle a sustained period of increased consumer demand.

Sears Holdings Co. has made an interesting choice to lead its hardlines division.

The company announced that Lynn Pendergrass has joined the company in the new role of president, hardlines. In this position, she will be responsible for working across the Kenmore, Craftsman & DieHard business unit and its hardlines partners — including Home Appliances, Lawn & Garden, Tools, and Sears Auto Centers — to develop compelling offers and build relationships with members who shop the hardline categories.