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Supply Chain & Merchandising

  • Inditex Group deploying Checkpoint’s RFID technology in distribution centers

    Thorofare, N.J. -- Checkpoint Systems has been selected by global retailing giant Inditex Group to implement radio frequency identification (RFID) technology into its distribution centers.

    Inditex’s RFID implementation project was recently unveiled by chairman and CEO Pablo Isla at the company’s annual general meeting.

  • Survey: Online retailers focus on customer-facing services for holiday

    King of Prussia, Pa. – Online retailers are prioritizing immediate investments in customer-facing tactics such as price, marketing and customer service over strategic infrastructure for the 2014 holiday season. According to the 2014 Holiday Retail Audit, a U.S. survey of more than 1,000 ecommerce and marketing professionals from retailers with revenues of $5 million to $250 million conducted by EBay Enterprise, retailers identified a renewed focus in marketing efforts.

  • Ascena Retail Q4 results miss

    Mahwah, N.J. -- Ascena Retail Group Inc. on Monday reported fourth-quarter net earnings of $15.7 million, compared with $29.8 million in the year-ago period. Its results missed Wall Street expectations.

    Revenues for the quarter were $1.18 billion, compared with $1.20 billion in the prior year. The company attributed the decrease challenging tween market conditions at Justice and inventory-related issues at Lane Bryant. Results were partially offset by positive comp growth at Maurices and Catherines and new store growth at Maurices.

  • Alibaba off to strong start; gains 38% on first day of trading

    New York – Chinese e-commerce giant Alibaba Group Holding Ltd. on Friday closed its first day of trading on the New York Stock Exchange with its shares up 38% from its I.P.O., closing at $93.89.

    The stock opened for trade on Friday at $92.70 shortly, a 36% jump above its initial public offering price of $68 a share. More than 100 million shares changed hands in composite trading in the first 10 minutes of trading.

  • Regional pet retailer fights big dogs

    Undeterred by pet specialty heavyweights PetSmart and Petco, Pet Supermarket just opened its 150th location and has plans for more.

    The forty year old Sunrise, Fla.-based company recently opened its 150th location in the central Florida town of Bartow and indicated it plans additional growth while stopping short of providing a specific expansion target. The company’s stores measure about 7,500-sq.-ft. and are currently concentrated in states such as Georgia, Alabama, North Carolina, South Carolina, Tennessee, Texas, Kentucky, California and Nevada.

  • Northwood Ravin announces new tenants

    Raleigh, N.C. -- Northwood Ravin has announced six new service retailers and restaurants for Bradford, the multi-use development in the northeast corner of Davis and High House Roads adjacent to the desirable Preston neighborhood of Cary, North Carolina.

  • Brown Shoe invests in Jack Erwin brand

    Brown Shoe Company has invested in Jack Erwin, a men’s brand that offers high-quality, handmade men’s shoes directly to consumers.

    “We looked at several companies and Jack Erwin really stood out to us as a great incubator brand with high growth potential and an interesting, new business model,” said Diane Sullivan, CEO, president and chairman of Brown Shoe Company. “Lane and Ariel, the founders, have an unwavering commitment to quality and detail and represent the next generation of business in our industry.”

  • dd's Discounts to open new Store in Clovis, California

    Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., will open a new store in the California Central Valley on Sept. 27. The store is located in the Shaw Village Shopping Center in Clovis.  

    Including this new location, dd’s Discounts will operate approximately 150 locations in 13 states and is on schedule to complete its expansion plan to open approximately 20 locations in 2014.

     

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