Supply Chain & Merchandising

Wallingford, Conn. -- Edible Arrangements announced the acquisition of the FruitFlowers brand, including two company stores, all e-commerce operations and a portfolio of trademarks that includes Incredibly Edible Delites, FruitFlowers  and Fruitflowers.com.

If you’ve ever wished you could have bacon on the go, then the Oscar Mayer Institute for the Advancement of Bacon (OMIFAB) has some good news for you.

Oscar Mayer has unveiled Bacon Jerky, available in two flavors — Bourbon Barbecue and Teriyaki Ginger — and packaged in an on-the-go bacon jerky pouch.

Deerfield, Ill. — Walgreens on Monday named Timothy McLevish as Walgreens executive VP and CFO, effective immediately. He will lead all of Walgreens' finance functions as the company prepares to move forward with the proposed second step of its strategic partnership with Alliance Boots.
 

Frankfurt, Germany – Germany-based airport management services provide the Fraport Group has expanded its international portfolio in the global airport market by acquiring 100% of U.S.-based AMU Holdings Inc., which owns Airmall USA Holdings Inc. Airmall markets space at the aviation hubs of Baltimore, Boston, Cleveland and Pittsburgh.

Target Corp. is running a Q&A with its new chairman and CEO, Brian Cornell, on its in-house, behind-the-scenes blog, A Bullseye View. The interview was conducted by the Bullseye View team.

You are the first CEO who has been hired from outside of Target. What are the benefits of coming in from the outside? What will be some of the challenges?

Sunbury, Pa. – Net income at Weis Markets Inc. plummeted close to 47% during the second quarter of fiscal 2014, compared to the prior year period. Weis reported net income of $12.8 million, compared to $21.18 million a year earlier.

Weis cited company reinvestment and price discounting as driving the net income decline. Second quarter sales increased 4.5% to $691.9 million, from $662.1 million and same-store sales increased 2.9%.

Publix Super Markets and Weis Markets reported respectable second quarter sales growth, but profits were harder to come by.

Publix, the nation’s fifth largest supermarket chain, said sales for its second quarter increased 6.6% to $7.5 billion, with 1.3% of the gain related to the timing of Easter. Same store sales increased 6.3%. Despite the top line improvement, Publix said profits increased slightly less than 1% to $404.1 million from $400.9 million while earnings per share increased by a penny to 52 cents.

New York -- Aeropostale, Inc. will roll out its P.S. from Aeropostale brand in Mexico through a licensing partnership with Distribuidora Liverpool, S.A. de C.V.  

P.S. from Aeropostale's expansion plans in Mexico include the opening of branded in-store shops in Liverpool department stores, as well as standalone stores, across Mexico beginning in summer 2014. The first store opened in July at Sante Fe Mall in Mexico City.