Supply Chain & Merchandising

Costco shareholders are a happy lot these days between the company’s surging share price, huge special dividends and now another substantial increase in the company’s regular quarterly payout.

Late Friday, with shareholders already sitting on a 30% increase in the stock price during the past year, the company gave them another reason to smile by hiking its dividend 12.3% to 40 cents a share, or $1.60 on an annual basis, from the current quarterly dividend of 35.5 cents, or $1.42.

With more than 1,000 stores in the Southeast, Publix Super Markets celebrated Earth Day with a $160,000 effort to make shrimp aquaculture more sustainable.

The grocery chain says it is focused on improving the conditions associated with shrimp aquaculture. The donation to the Sustainable Fisheries Partnership will fund research to improve fisheries and help shrimp aquaculture in southeast Asia become more sustainable.

Montreal – Canadian grocery retailer Metro Inc. is interested in purchasing some of the 133 Canadian stores Target Corp. finished closing earlier this month. In an April 22 conference call with investors, Metro said the possibility exists that it will try to purchase certain former Target stores.

"There are a few of those stores that could be of interest to us down the road if they become available," Eric La Fleche, CEO of Metro, said during the call.

King of Prussia, Pa. - Retailers anticipate accelerated growth for 2015. According to a study from eBay Enterprise, an eBay Inc. company, 72% of more than 1,000 online retailers surveyed anticipate online revenue to increase by 17% in 2015.

Confidence in commerce infrastructure is also high, with 95% of respondents stating they are very or somewhat confident their e-commerce experience meets consumers’ needs and expectations.

Staples is looking to Martha Stewart once again to re-invigorate its home office product assortment.

The retailer and Martha Stewart Living Omnimedia have announced a new, multi-year strategic direct retail collaboration for the manufacture and distribution of a brand new line of Martha Stewart Home Office products.

King of Prussia, Pa. - eBay Enterprise, an eBay Inc. company, is releasing Magento Enterprise Edition 1.14.2. Magento’s new solutions include new automated product category sorting capabilities, integration of Google Tag Manager, and access to new automated functional tests.

In addition, the Magento Mobile Software Development Kit (SDK) enables retailers to create custom iOS applications, as well as provides a sample app that merchants can customize to accelerate their development.

The IRI Summit 2015 conference this week in Austin is helping senior manufacturers and retailers find growth in CPG manufacturing, retail and health care.

The program highlights strategies for finding growth opportunities with shoppers via cutting-edge content and analytics, technologies and retail best practices.

Boston -- Springboard Retail, a cloud POS and retail management platform, announced that casual chic lifestyle brand XCVI chose Springboard Retail to accelerate sales, profits and customer engagement as they continue to expand stores throughout the Western U.S.