Supply Chain & Merchandising

IKEA plans to open a store of truly epic proportions on a 22 acre site in Burbank, Calif., that will require the home furnishing retailer first demolish 19 existing structures.

Off-price retailer Ross Stores feels so good about its sales performance and outlook that it has approved a 2-for-1 stock split scheduled for June.

The company said the split will be paid in the form of a 100% stock dividend to stockholders of record as of April 22. 

Ross Stores had fiscal 2014 revenue of $11 billion. 

Canton, Mass. - Jack Clare, 44, has been promoted to the newly created position of chief information and strategy officer (CISO) of Dunkin’ Brands. Clare, who has served as the company's CIO for the past three years, will be a member of the Dunkin' Brands leadership team and will continue to report to Paul Carbone, CFO.

Clare will continue to oversee Dunkin' Brands' global information technology resources, and additionally, will now focus on developing the strategies that will drive the company's future success.

Fresh & Easy plans to close 55 stores, which would leave the chain with about 110 locations, the Orange Country Register<span style="color: rgb(54, 54, 54); font-

The end of a retail icon is always big news in commercial real estate, and it’s particularly relevant when the brand in question is closing more than 4,000 stores around the country.

Minneapolis – Christopher & Banks Corp. on Tuesday swung to a profit of $32.2 million for the fourth quarter, after reporting a loss in the same period a year earlier.

Net sales totaled $98.0 million, as compared to $104.9 million for the year-ago period. During the quarter, the company operated an average of 7.0% fewer stores than during the comparable period last year, reflecting its store conversion program.

The retailer posted revenue of $98 million in the period.

Clean, quiet and efficient are the benefits 99 Cents Only expects to derive from a switch to natural gas fueled vehicles at its main distribution center in California.

The extreme value retailer said it opened a fully operational compressed natural gas (CNG) filling station on site at the company's main distribution center in the Los Angeles suburb of City of Commerce. The move is the final step in the company's plan to adopt a green approach to a private fleet operation that serves 383 stores in California, Arizona, Nevada and Texas.

The e-commerce world in which Deliv CEO Daphne Carmeli lives is one where the fastest delivery method is also the least expensive. How can that be?