Skip to main content

Supply Chain & Merchandising

  • Staples Q3 profit in line, sales top estimates; ups store closings

    Framingham, Mass. - Staples Inc. on Wednesday reported that its third quarter net income rose 60% to $216.8, in line with Wall Street expectations, amid signs that its reinvention strategy is starting to take hold.  

  • PetSmart still for sale, focused on profit improvement

    Amid an ongoing exploration of strategic alternatives, PetSmart said third quarter sales grew 2.6% thanks to the addition of 36 new stores as same store sales were flat.

  • Winn-Dixie customers in for sweet treat from Hershey’s

    Winn-Dixie is partnering with the Hershey Co. to outfit stores with a “Candy Experience” section: a new concept that has replaced the traditional candy aisle in a Winn-Dixie in Baton Rouge, La.  

    Tests show that the new candy section, best described as a “store within a store,” can lift confection category sales for retailers by strong double digits. The candy experience sits at the front of the store, a dramatically different location from an aisle where consumers must hunt around for the candy shelves.

  • Home improvement surging ahead of holidays

    Lowe’s said its third quarter same store sales spiked 5.1% a day after Home Depot reported an even stronger increase.

    Total company sales increased 5.6% to $13.7 billion driven by increased productivity of existing stores as evidenced by a 5.1% comp increase. Home Depot said its third quarter same store sales increased 5.8%. Lowe’s profits increased 17.3% to $585 million while earnings per share increased 25.5% to 59 cents and were aided by $900 million in share repurchase activity.

  • Cabela’s expanding retail footprint with two new stores

    SIDNEY, Nebraska — Cabela’s Inc. is expanding into new markets, with plans to open a store in Gainesville, Virginia, and Ottawa, Ontario, Canada.
     

  • Family Dollar delays vote on Dollar Tree deal; Dollar General still in the game

    Goodlettsville, Tenn. - Dollar General Corporation isn’t giving up. The deep discounter on Wednesday  affirmed its commitment to the acquisition of rival Family Dollar Stores. Dollar General’s comments followed the news that Family Dollar has delayed its shareholder vote on its $8.5 billion deal to be bought by Dollar Tree Inc. from Dec. 11 to Dec. 23.

  • Stage Stores rising on renewed optimism

    The resumption of top line growth at Stage Stores enabled the operator of 858 stores to reduce the size of its third quarter net loss, but CEO Michael Glazer is taking a cautious view of the holidays.

  • Target transformation a work in progress

    It took a heightened level of promotional activity to drive marginally better than expected third quarter same store sales growth at Target’s U.S. stores while losses in Canada were less severe than the prior year.

X
This ad will auto-close in 10 seconds