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Supply Chain & Merchandising

  • Survey: CEOs maintain traditional supply chain focus

    Scottsdale, Ariz. – Although 50% of CEOs say that their supply chain can be a strategic differentiator in the new omni-channel customer paradigm, 83% of worldwide CEOs believe that their retail supply chains are currently “not optimal” for today’s changing retail environment.

  • J.C. Penney announces closing of new $2.35 billion credit facility

    Plano, Texas -- J. C. Penney Company announced today that it has closed its new $2.35 billion asset-based senior secured credit facility, comprised of a $1.850 billion revolving line of credit and a $500 million term loan.

  • Delhaize nabs ex-Supervalu exec for CEO role

    Kevin Holt was named CEO of Delhaize America to oversee U.S. operations that account for 60% of Belgium-based retailer’s annual sales of $28 billion.

  • Sam’s Club opens new Kansas City store June 26

    Bentonville Ark. - Sam’s Club will open a new Kansas City, Missouri store on June 26. Measuring approximately 136,000-sq.-ft., the new store will feature a variety of members-only amenities, including a fresh bakery, a tire and battery center, a café and a fuel station.

    To staff the new Kansas City store, Sam’s Club has hired more than 180 new associates.
     

  • Small formats in future for Walmart Canada

    Former Delhaize CEO Dirk Van den Berghe was named president and CEO of Walmart Canada as the retailer eyes long-term growth opportunities including the development of small stores.

  • Toys 'R' Us turnaround continue with new CFO

    Former AutoNation CFO Michael Short will become the new CFO at Toy’s “R” Us on June 23 to replace Clay Creasey who left the retailer after eight years.

  • Icahn demands Family Dollar sale

    Matthews, N.C. – Billionaire activist investor Carl Icahn, who recently engaged in a high-profile effort to force EBay to separate its PayPal business, is now demanding that Family Dollar sell itself. Icahn, who recently disclosed he has a 9.4% stake in the discount retailer, sent an open letter to Family Dollar chairman Howard Levine saying that it is imperative the company be put up for sale immediately.

  • dd’s Discounts to open first New Jersey store

    Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, will open its first store in New Jersey, in the town of Ewing, on June 28.

    Including this new location, dd’s Discounts will operate approximately 140 locations in 11 states. The company is on schedule to complete its expansion plan to open approximately 20 locations in 2014.

    Together, Ross Dress for Less and dd’s Discounts currently operate over 1,300 off-price apparel and home fashion stores in 33 states, the District of Columbia and Guam.

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