Skip to main content

Supply Chain & Merchandising

  • Why the ‘Democratization of Retail’ Doesn’t Apply Only to Consumers

    This is the age of the empowered consumer. Energized by the rapidly accelerating global growth of mobile devices, shoppers now have immediate access to data on products, prices and competitive services. In addition to shifting the balance of power away from retailers and manufacturers, the spread of information and the growth of technologically sophisticated pure-play retailers have contributed to rapidly rising expectations about just how personalized and participatory the shopping experience can be.

  • Costco comps surge 8% in U.S.

    Costco showed again in December why it’s the cream of the crop among warehouse club stores.

    The Wash.-based retailer reported an increase of 8% in same store sales in the United States, excluding gasoline sales and foreign exchange. Same-store sales at international stores rose by 1%.

    Net sales for the retailer rose 5% to $12.12 billion in December from $11.53 billion a year earlier.

  • Five Below names merchandising head

    Philadelphia -- Teen value retailer Five Below has named Michael Romanko as its executive VP of merchandising, charged with overseeing merchandising strategy and operations. Romanko, who officially assumes the role on Jan. 19, will report to president Joel Anderson.

  • Retail Link insights from Walmart’s top techie

    Hers may not be a household name among Walmart suppliers, but few of the retailer’s executives have as much of an impact on the daily lives of trading partners as Suja Chandrasekaran.

    As Senior Vice President and Chief Technology Officer at Walmart, Chandrasekaran leads the technology and data transformation underway at Walmart that is referred to as Retail Link 2.0. The information sharing system known as Retail Link was pioneered by Walmart more than two decades ago and today is used extensively by suppliers for all manner of supply chain applications.

  • Holiday sales results mixed; teen retailers got a boost

    New York -- Teen retailers had a “less dreadful” holiday selling season than was anticipated. That’s how analysts are tempering the news that banners such as American Eagle Outfitters, Aeropostale and Urban Outfitters posted stronger-than-expected holiday results, released by most on Thursday.

    In fact, say industry watchers, the strong sales figures look pretty shiny because they are exaggerated by pre-season low expectations, which were dragged down by fears of aggressive discounting and waning mall traffic.

  • Stage Stores guidance upstaged by holiday sales

    Stage Stores is reporting a strong holiday sales season despite predictions from the company’s CEO that December would be very challenging for apparel retailers.

    The parent company of Beall’s, Goody’s and other stores reported an increase in same store sales of 6.5% for the nine week period ending Jan. 3.

  • Euclid: December in-store sales mostly increase year-over-year

    San Francisco – In-store sales mostly showed small improvements in December 2014 compared to the prior year. According to the latest U.S. Retail Benchmarks report from in-store analytics provider Euclid, there was 0.6% year-over-year growth in general merchandise, apparel, furniture and other retail sales and a 1.2% increase in clothing and apparel sales, but a 1.5% decline in general merchandise sales.

    Here are some of Euclid’s other top findings in its December report around shopper behavior metrics:

  • Gamers help lift Conn's in December

    An improvement in delinquency rates helped Conn’s in December, as the company reported an 11.5% increase in total net sales.

    Conn’s total sales, which the company reported at $132.4 million, were impacted approximately 7% by tighter consumer finance underwriting, the company said, which was implemented in response to rising credit delinquencies and defaults. The action improved 60-plus-day delinquency rates in December by 30 basis points over November, the company reported. The company also said same store sales edged up only 0.5% due to plummeting tablet demand.

X
This ad will auto-close in 10 seconds