Supply Chain & Merchandising

Hingham, Mass.-- Talbots Inc. will license APT’s software, including its Test & Learn and Market Basket Analyzer platforms, to test and analyze key business initiatives including promotions, merchandising, marketing and store operations. Talbots will use APT’s Test & Learn approach to identify which actions are most successful in improving performance and measure their impact on a test versus control basis.

Walmart’s Japanese subsidiary Seiyu plans to close 30 stores and remodel 50 others next year in an effort to strengthen its every day low price strategy.

New York -– Non-recurring items, including charges relating to stock issuance and tax valuation, helped swing Elizabeth Arden Inc. to a net loss of $25.5 million in the first quarter of fiscal 2015, compared to net income of $1.59 million in the same period a year earlier. Declining North American fragrance sales helped reduce net sales 21% to $270.38 million from $343.6 million.  

Seattle –- Starbucks Corp. topped off a generally successful fourth quarter of fiscal 2014 by swinging to net income of $587.9 million from net loss of $1.23 billion the fourth quarter of the prior fiscal year. The removal of a one-time arbitration charge of $2.8 billion helped bring Starbucks into the black.  

Minneapolis –- Hair salon chain Regis Corp. and specialty footwear retailer Red Wing Shoes both recently engaged Insight Inc. to refresh their store systems.

 

Regis rolled out the Insight Retail Ready program to refresh its network infrastructure, server, wireless and points of sale in more than 2,000 U.S., Canada, and Puerto Rico SmartStyle salons located in Wal-Mart stores. 

Seattle –- A switch from an income tax benefit to income tax expense helped drive a reduction in net income at online jewelry retailer Blue Nile Inc. during the third quarter of fiscal 2014. Blue Nile reported net income of $1.65 million, down 43% year-over-year from $2.9 million. Net sales increased 7% to $105.8 million compared to $98.9 million. The company remains optimistic for the remainder of the year.  

Menomonee Falls, Wis. -- Kohl’s Department Stores will open its doors at 6 p.m. on Thanksgiving Day and remain open through midnight Friday, Nov. 28. The retailer will also offer a variety of omnichannel holiday services, including a daily “Today’s Deals” section on Kohls.com.  

Bridgestone Americas announced that TJ Higgins has been named president of the consumer U.S. and Canada divisions for the company's tire operations, effective Nov. 3. Higgins succeeds Gordon Knapp, who became COO of Bridgestone Americas in March. 

Higgins brings more than 20 years of consumer products marketing and strategic business experience to Bridgestone. He most recently served as the North America regional president for Pfizer Consumer Healthcare and also held leadership roles at Merck and Vlasic throughout his career.