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Supply Chain & Merchandising

  • IBM, Apple introduce MobileFirst retail apps

    Armonk, N.Y. – IBM and Apple are releasing the first wave of their previously announced IBM MobileFirst for iOS solutions in a new class of made-for-business apps and supporting cloud services.   IBM MobileFirst for iOS solutions are now available to enterprise customers in retail, among other industries.
  • Natural Grocers to open 18 new stores, acquires Nature’s Pantry

    Independence, Mo. – Natural Grocers by Vitamin Cottage, Inc. plans to open 18 new stores in fiscal 2015. As part of the plan, Natural Grocers has closed its previously announced agreement to acquire natural foods retailer Nature’s Pantry Inc. in Independence, Missouri.   The transaction closed on Dec. 7, and Natural Grocers began officially operating as a Natural Grocers store on Dec. 8. 
  • Lands' End sales drop as store base shrinks

    Lands' End sales fell in its October quarter as its store base dwindled, though an improved merchandise assortment and a more-targeted promotional strategy helped drive a 26% increase in profits.

    For the third quarter ended Oct. 31, Lands' End posted a profit of $18 million, or 56 cents a share, up from a profit of $14.3 million, or 45 cents a share, a year earlier. Revenue, meanwhile, fell 2.8% to $373.1 million as same-store sales fell 3.1%.

  • C-suite survey: Healthcare costs, maintaining margins top business concerns in retail

    New York - The cost of healthcare, the ability to maintain margins
 and the ability to continue to grow revenue are the top business challenges in the retail sector. That’s according to GE Capital’s new national survey of c-suite executives at middle-market companies (ranging from $10 million - <$1 billion in sales).  
  • Executive efforts acknowledged by Buckle

    A trio of top executives at The Buckle were elevated to new roles at the 463 store specialty retailer.

    Kelli Molczyk, with the retailer since 1999, was named Vice President of Women’s Merchandising after most recently serving as Divisional Merchandise Manager. Prior to that she held a variety of roles with the company in which she was instrumental in design and marketing efforts.

  • Online Shoppers To Brick-and-Mortar Stores: Time for a Facelift

    By Steve Jones   What’s going to keep people coming back to physical store locations, as comfort levels with e-commerce rise every year? Savvy retailers are fighting technology with technology, refreshing the look and feel of their stores by integrating more gadgets, and using data in a more integrated way to inform strategy.  In-store tech helps retailers beat e-tailers at their own game  
  • Francesca’s Q3 net income falls 19% amid higher costs; lowers outlook

    Houston –  Francesca’s Holding Corp. reported that its net income dropped 19% to $7.3 million in the third quarter of fiscal 2014 from $8.7 million the same period the prior year. Increases in cost of goods sold and selling, general and administrative (SG&A) expenses drove the decline in profit.  The specialty retailer also lowered its earnings outlook for the year.   Francesca’s plans to open one new store in the fourth quarter, bringing total new stores opened in the fiscal year to 88.
  • Hancock Fabrics taps EarthLink for comprehensive IT network solutions

    ATLANTA - EarthLink Holdings Corp., a managed network and cloud solutions provider, announced that Mississippi-based Hancock Fabrics recently selected EarthLink to simplify infrastructure operations via a comprehensive, secure managed network solution.    Once implemented throughout all locations, Hancock Fabrics will rely on its private EarthLink MPLS network to run in-store applications including point-of-sale, inventory management and employee communications and training.  
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