Supply Chain & Merchandising

Longtime RadioShack adviser Holly F. Etlin has been tapped once more as interim CFO, replacing John Feray. Citing personal reasons, Feray resigned Sept. 12, just a day after the company posted its 10th straight quarterly loss.

Etlin, a managing director of AlixPartners, has already served as RadioShack's interim CFO, from July 2013 to Feb. 2014.

RadioShack warned in a regulatory filing it may seek bankruptcy protection, with a possible sale or third-party investment as other potential avenues to remedy its ongoing financial woes.

Hudson's Bay Company is reaping the rewards of its acquisition last year of Saks. The company’s retail sales soared 86.6% to $1.8 billion, from $948 million in the prior year.

Consolidated same-store sales increased by 1.9% on a local currency basis, with increases of 1.1% at HBC’s department store group (DSG), 2.2% at Saks Fifth Avenue and 14.9% at Off 5th. Digital commerce sales totaled $162 million, including $116 million from Saks and growth of 82.2% at DSG.

Bolingbrook, Ill. – Ulta Beauty on Friday posted second-quarter net income that jumped 35%, easily beating Wall Street's expectations. The company also raised its full-year outlook, and announced a five-year strategic plan that includes opening some 100 stores annually.

Ulta’s net income for the quarter ended Aug. 2 increased to $60.8 million, from $44.9 million a year earlier. Net sales increased 22.2% to $734.2 million from $601 million last year, also topping expectations.

IBM and Apple announced a strategic partnership earlier this year that promises to transform enterprise mobility through a new class of business apps. The companies plan to leverage their respective strengths in technology, business intelligence and user experience to create solutions that address some of the retail industry’s most pressing challenges. To better understand what that means, Retailing Today spoke with Jill Puleri, VP and global retail industry leader for IBM Global Business Services.

Canton, Mass. – Dunkin’ Donuts is continuing its development across India with its master franchisee, Jubilant FoodWorks, where it's on track to meet its previously announced development target of 500 Dunkin' Donuts restaurants in the long-term. Since signing its master franchise agreement with Jubilant FoodWorks in 2011, 36 Dunkin' Donuts restaurants have been opened in 12 cities across India, including its newest location, which opened Sept. 11 in the South Indian city of Bangalore.  

Foot Locker has enlisted crowdsourced delivery service Deliv so it can offer online customers same-day delivery.

Deliv's Application Programming Interface (API) connects directly to Footlocker’s website, allowing shoppers to select same-day or next day delivery for $5.

New York – Foot Locker Inc. is partnering with crowdsourced delivery service Deliv to offer shoppers on its Footlocker.com website the option to have their purchases delivered same-day. Leveraging Deliv's Application Programming Interface (API), which connects directly into the Footlocker.com website, shoppers can now select same-day or next day delivery for $5.

Ulta Beauty reported a 22.2% boost in second-quarter new sales and drove its best comps since the secondquarter 2012 thanks in large part to successful new products and brands as well as growth in e-commerce. Meanwhile, the beauty retailer continues to forge ahead on its new strategic plan.