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Supply Chain & Merchandising

  • Timberland taps new brand president

    Timberland has elevated Stewart Whitney to brand president, effective Oct. 5. Whitney, who has led Timberland’s growth in the Asia Pacific region since 2008, will report to Patrik Frisk, who has held the position since the brand’s 2011 acquisition by VF Corporation and was promoted to coalition president, Outdoor Americas for VF, in April.

  • EBay still plans Russian expansion

    San Jose, Calif. – EBay Inc. is still planning to expand its operations in Russia despite U.S. sanctions against the country’s government. In public comments made in Moscow, EBay VP Wendy Jones said Russia is EBay’s top priority for expansion of its EBay Marketplaces division, and that eBay Marketplaces should go live in Russia in September.

    Jones also said EBay doubled its Russian buyer base in 2013 and sold $425 million worth of goods there in 2012. Currently, Russian consumers make 90,000 EBay transactions per day.

  • NRF bets on back half sales acceleration

    The National Retail Federation has joined the growing chorus of voices expecting a surge in consumer spending during the next five months to compensate for a weak start to the year.

  • Saks, Party City adopt Scandit barcode scanning solution

    New York – Saks Fifth Avenue and Party City are both utilizing the Scandit software-based barcode scanning and data capture platform for smartphones, tablets and wearable computing devices. Using Scandit’s Barcode Scanner SDK, the retailers are able to offer a variety of consumer- and employee-facing applications, including mobile shopping, clienteling, mobile point-of-sale, asset tracking and product information gathering.  

  • Tractor Supply plows ahead, comps advance

    Sales at Tractor Supply’s 1,331 stores topped $1.5 billion during the first quarter but decelerating comp store growth and cool spring weather weighed on profit growth.

    Sales at the nation’s largest rural lifestyle retailer increased 8.8% to $1.58 billion from $1.46 billion while same store sales advanced 1.9% on top of a prior year gain of 7.2%. Profits during the company’s second quarter ended June 28 increased 8% to $133.4 million, or 95 cents a share, compared to $123.6 million, or 87 cents a share.

  • Sealed Air relocates HQ to N.C. from N.J.

    Charlotte, N.C. will be home to the new global headquarters of Sealed Air Corp., as the global packaging company opens a state-of-the art, environmentally-sustainable campus to house its research and development facilities and corporate offices.

    The $7.7 billion company said over the course of the next three years it will relocated roughly 1,300 jobs to North Carolina from its existing headquarters in Elmwood Park, N.J., and other facilities nationwide. Sealed Air employs roughly 25,000 people and is known for brands such as Cryovac, Bubble Wrap and Diversey.

  • Starbucks opens three stores in Hanoi

    Seattle – Starbucks is opening three new stores in Hanoi, Vietnam. The stores will add to Starbucks’ established Vietnam presence of eight stores in Ho Chi Minh City.

    Starbucks opened the first of the three stores on July 23. All three will be located near shopping malls or office buildings. Starbucks is not publicly saying how many stores in Vietnam it ultimately plans to open. The company first entered the Vietnamese market in 2013.

     

  • Crocs restructures following disappointing Q2

    Footwear maker Crocs is undergoing a major restructuring that includes closing stores and job cutbacks.

    The plan comes on the heels of the company's disappointing second-quarter earnings results. Earlier this month, Crocs reported that second-quarter profit fell 44% to $19.7 million.

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