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Supply Chain & Merchandising

  • Target changes store pickup game in N.Y.C. area

    Target customers at select stores in New York and New Jersey won’t have to get out of their cars anymore to pick up online orders.

  • A brighter future for J.C. Penney?

    Plano, Texas -- While it’s way too early to start popping the champagne, J.C. Penney Co. has to be pleased about its second quarter financial results, which topped analysts expectations and suggested that the company’s turnaround is in progress.

  • Nordstrom avoids the department store doldrums

    In a week in which many of the nation's major department stores reported disappointing financial results, Nordstrom showed once again how to drive sales growth.

    The Washington-based retailer reported that total sales rose 9.2% from the same quarter in 2014, while same store sales rose 4.9%. The company posted a profit of $211 million, or $1.09 a share, compared with $183 million, or 95 cents a share, a year earlier. Revenue, which includes revenue from its credit cards, rose 9% to $3.7 billion. 

  • The turnaround plan at Kohl's isn't working

    Kohl’s has joined other major retailers this week reporting disappointing earnings and anemic same store sales growth.

    The Wisconsin-based retailer posted a profit of $130 million in the second quarter ended Aug. 1, below the $232 million in the prior-year quarter. Earnings per share were 66 cents, compared with $1.13 in the second quarter of 2014. Same store sales grew a measly 0.1%. Overall revenue increased by just 0.6%, to $4.27 billion for the quarter.

  • New stores key to Stein Mart’s sales strategy

    Jacksonville, Fla. -- Off-price retailer Stein Mart continues to pursue the accelerated store growth strategy that it began in 2014.

    The off-price retailer announced it will open nine stores this fall, and at least 12 new locations in 2016.

    The news follows the company's recent release of first half 2015 total sales growth of 6.1% and comparable store-sales growth of 4.0%.

  • Dismal Q2 for Kohl’s

    New York -- It’s been a rough week for department stores.

    Kohl’s Corp. joined Macy’s and Dillard’s this week in reporting disappointing earnings and weak same-store sales growth.

    Kohl’s posted a profit of $130 million in the second quarter ended Aug. 1, down from $232 million in the prior-year quarter.

  • DSW to expand across America this fall

    DSW's aggressive store expansion plan is still on track, as the retailer looks to tap growth in existing as well as new markets.

    The footwear and accessories retailer says it is opening 22 stores this fall, including six locations in new markets.

    "Expanding our store base allows us to grow our footprint in areas we already call home, while also bringing DSW stores and the DSW brand to areas where our customers have been anticipating our arrival,” said Carrie McDermott, executive VP and COO of DSW, which operated 449 stores in 42 states.

  • DSW expanding store base

    Columbus, Ohio -- DSW continues its march across America.

    The footwear and accessories retailer is opening 22 stores this fill, including six locations in new markets.

    "Expanding our store base allows us to grow our footprint in areas we already call home, while also bringing DSW stores and the DSW brand to areas where our customers have been anticipating our arrival,” said Carrie McDermott, executive VP and COO of DSW, which operated 449 stores in 42 states.

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