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Supply Chain & Merchandising

  • The Amazing Body Store launches e-commerce/advisory site

    Denver - The Amazing Body Store is launching an e-commerce site that includes the free services of trained wellness advisors who work directly with customers to determine the right supplements to accomplish their individual fitness goals. Advisors are specially trained to help customers develop a customized fitness routine, lose weight or gain muscle mass.

    The Amazing Body Store backs all of their products up with a 100-day/100% satisfaction guarantee and offers free domestic shipping on all orders.  

     

  • Walgreens same-store sales rise 5.2% in July

    Deerfield, Ill. – Same-store sales at Walgreen Co. rose 5.2% in July. Walgreens had July sales of $6.39 billion, an increase of 6.1% from $6.02 billion for the same month in fiscal 2013.

    Total front-end sales increased 1.4% in July compared with the same month in fiscal 2013, while same-store front-end sales increased 1.1%. Same-store customer traffic decreased 2.6% while basket size increased 3.7%.

     

  • Office Depot raises outlook on cost-savings from 400 planned store closings

    Boca Raton, Fla. – Office Depot has raised its full-year adjusted operating income forecast as cost savings from the closure of some U.S. stores related to its acquisition of OfficeMax are expected to be higher than previously anticipated. As previously announced, Office Depot plans to close at least 400 stores by the end of 2016, with about 165 closures in 2014.

  • Target issues preliminary Q2 update

    Just a few days after naming a new CEO, Target issued a preliminary update on its second-quarter expenses related, in part, to the December 2013 data breach.  

  • Despite Q3 declines, Scotts gathers momentum

    Scotts Miracle-Gro reported declines in sales and income for the third quarter of 2014, but pointed to momentum that may place the company at the top end of its guidance for the year.

  • Overstock.com offers free shipment of used goods to charity

    Salt Lake City - Overstock.com Inc. is launching a partnership with Give Back Box, a non-profit organization dedicated to facilitate charitable donations. Through the partnership, Overstock.com gives customers the ability to re-use the box in which their order arrived, along with Give Back Box's free shipping label, to ship used household items directly to non-profit organizations across the U.S.

  • Data breach to cost Target $138 million in Q2, hits earnings

    Minneapolis – Target Corp. is reducing its earnings guidance for the second quarter of fiscal 2014 due to the expected $138 million financial impact of its December 2013 data breach, partially offset by $38 million in insurance. Target now expects EPS for the quarter within a range around $0.78, compared with prior guidance of $0.85 to $1 per share.

  • Acquisition costs hit Vitamin Shoppe profit; 60 new stores planned

    North Bergen, N.J. – Vitamin Shoppe Inc. reported net income of $16.9 million in the second quarter of fiscal 2014, down 8% from $18.3 million in the same quarter a year earlier. Expenses related to Vitamin Shoppe’s March 2013 purchase of Super Supplements chain helped reduce the retailer’s net income.

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