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Supply Chain & Merchandising

  • Insights: Supreme Court Win for Employers

    By Patrick Bannon, Rebecca DeGroff,  Noah Finkel, Richard Alfred (Seyfarth Shaw LLP)    The Supreme Court has unanimously that the Fair Labor Standards Act does not require employers to pay employees for time spent passing through post-shift security screening.  

  • Sherwin-Williams boosts '15 outlook

    On the heels of announcing a new partnership with Lowe's and HGTV, Sherwin-Williams Co. is predicting healthy sales growth for this year and next year. For the full year 2014, the company expects consolidated net sales to increase approximately 9% compared with full year 2013.

  • McKenna joins Foran to drive Walmart’s U.S. growth

    The globalization of Walmart’s domestic operations continued this week with the appointment of Judith McKenna to the role of chief operating office for Walmart U.S.

  • Report - Starboard Value increases stake in Staples

    New York – Activist investor fund Starboard Value has reportedly purchased a 6% stake in Staples Inc. and upped its ownership of Office Depot from 8.6% to 10%. According to the Wall Street Journal, Starboard Value may be positioning itself to pressure the two office supply retailers to merge.  

  • Jos. A. Bank weighs on Men's Warehouse profits

    The acquisition of Jos. A. Bank in June weighed heavily on Men’s Warehouse in the third quarter, as the company reported a profit decline of 82% due to expenses related to the integration of the rival clothier’s operations.

  • Cabela’s to build store in Farmington, Utah

    SIDNEY, Neb. - Cabela’s Inc. announced today plans to open a 72,000-sq.-ft. store in Farmington, Utah.  Construction is scheduled to begin in 2015, and Cabela’s anticipates a spring 2016.   The store will be located in the newly planned Park Lane Commons development adjacent to Station Park on the west side of Interstate   

  • Restoration Hardware beats Street with large Q3 profit

    Corte Madera, Calif. – Restoraton Hardware Holdings Inc. (RH) beat Wall Street forecasts with net income of $19.4 million in the third quarter of fiscal 2014, more than double net income of $9.5 million in the same period a year earlier.  

  • Casey’s beats Street with Q2 profit gain, plans 72-108 new stores

    Ankenny, Iowa – Casey’s General Stores Inc. beat Wall Street expectations with net income of $49.89 million in the second quarter of fiscal 2015, up 21% from $39.43 million the same period the prior year. Growth of cost of goods sold did not keep pace with growth of sales, aiding the retailer’s profit.  
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