Supply Chain & Merchandising

By Girish Pai, AVP, Group Manager, Retail, CPG and Logistics for Infosys


Ali Baba is a literary character from the Arabian Nights stories known for his ability to get virtually anything he wants by shouting “Open Sesame!”

Many Americans take the safety of their food supply for granted, but that isn’t the case in China, a nation characterized by open air wet markets and a regulatory environment in which it can appear foreign companies are held to a higher standard.

By Tom Bianculli, Senior Director of Emerging Business, Motorola Solutions

The Internet of Things opens the door to new technologies that will have a significant impact on brick-and-mortar stores. Everything and everyone in the store will be connected in real time and retailers will become as connected as their online counterparts. This will create a personalized environment not only for store associates and managers, but also for shoppers.

New York -- Michaels Cos. seeking as much as $528 million in its U.S. initial public offering, Bloomberg reported. The arts and crafts retailer is offering 27.8 million shares at $17 to $19 each, according to a regulatory filing Tuesday.
 
The IPO is being managed by JPMorgan Chase & Co. and Goldman Sachs Group Inc.

Michaels was taken private in 2006 by Bain Capital and Blackstone Group in a $6 billion leveraged buyout. Each firm will own 40% of the company after the offering, the report said.

Walmart added to its collection of Silicon Valley acquisitions with the purchase of mobile fashion app Stylr.

Sydney, Australia -- Wipro Ltd. announced that it has won a “transformational IT applications and infrastructure engagement” from 7-Eleven in Australia.

Late last week, Retailing Today reported the GNC CFO Mike Nuzzo had resigned his position to accept a role at a private equity-funded consumer products company. Today, 4moms, a special-purpose robotics company that makes high tech baby gear, confirmed that it has appointed Nuzzo as chief administrative officer and EVP of business development.

Montreal – Raymark is releasing a new mobile retail store operations solution called Mosaic Inventory Management. The new solution complements the suite of Raymark Mosaic retail enterprise applications with tools for end-to-end management and optimization of inventory from a handheld device, including support for iPhone and iPod Touch.