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Supply Chain & Merchandising

  • Food Lion remodels 45 stores; 150 more to be updated in 2015

    Salisbury, N.C. -- Food Lion has unveiled a new, easier shopping experience for customers in 45 remodeled stores in the greater Greenville, New Bern and Jacksonville, N.C., market.    "Our customers told us that they want a grocery experience where it's easy to shop, easy to save and easy to figure out what is for dinner tonight," said Meg Ham, president of Food Lion. "In these stores, we've worked to deliver just that.”

  • Macy’s Q3 tops Street but sales lag; cuts full-year outlook

  • Venture Commercial completes sale of two Burlington Coat Factory buildings

    Dallas -- X Team International announced that partner Venture Commercial Real Estate completed the sale of two properties in Richardson, Texas and Waco, Texas, representing more than 150,000 sq. ft. of retail space.   

  • Retail vacancy rate in central New Jersey at six-year low

    Old Bridge, N.J. -- An improved picture in both ‘big-box’ and smaller store spaces combined to push the retail vacancy rate along central New Jersey’s major shopping corridors to a six-year low of 7.6% from 9.8% in 2013, according to the latest study by R.J. Brunelli & Co. Looking back over the past 10 years, the 2014 figure compared with the high of 10.5% in 2011 and low of 3.4% in 2006.  

  • Five days of deals at Walmart

    Walmart continues to expand its view of Black Friday and is encouraging shoppers to do the same by rethinking the practice of waiting in line on Black Friday to secure limited quantities of merchandise.

  • Study: Amazon doubles overall e-commerce same-store sales in Oct.

    Morrisville, N.C. --  Amazon.com’s same-store increase rate dropped from September to October 2013, but still more than doubled the same-store sales growth rate of overall e-commerce. According to data from cloud-based e-commerce solutions provider ChannelAdvisor, Amazon's October same-store sales came in at 32.4%, a decrease compared to August's 37.9%.  

  • Macy’s views omnichannel as Q4 advantage

    Macy’s third quarter sales were lower than expected but the company still managed to grow profits by 30% and expressed optimism regarding the fourth quarter.

    The department store retailer said same store sales declined 0.7% while total sales    declined 1.3% to slightly less than $6.2 billion during the third quarter ended Nov. 1. Net income increased 22.5% to $217 million while earnings per share, aided by the repurchase of nine million shares, increased 30% to 61 cents a share.

  • Walmart stretching out Black Friday to five days

    Bentonville, Ark. -- Following the lead of some other retailers, Walmart is spreading out Black Friday beyond the day after Thanksgiving.

     

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