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Supply Chain & Merchandising

  • New flower bears name of Roundy's exec

    Roundy’s Supermarkets executive Kathy Hession has received an unconventional accolade for her long-running contributions to the floral industry.

  • Survey: Private Label Groceries Growing in Popularity

    BOULDER, Colo. — More shoppers are purchasing private label (store brand) products in 2014 compared to the prior year. According to a recent study of more than 6,200 consumers by Market Force Information, 98% of shoppers purchase private label food items or cleaning products at least some of the time, on the rise from 96% in 2013. 

  • Sycamore Partners seeks to acquire Express

    Columbus, Ohio — Express Inc. confirmed that it has received a letter from Sycamore Partners, which owns approximately 9.9% of Express' outstanding shares, indicating that the private equity firm is interested in acquiring the company. In response, Express adopted a one-year “poison pill” shareholder rights plan that would double its shares of common stock in the event any stockholder acquires 10% or more of the company.

  • Target shareholders show displeasure with board

    All 10 members of Target’s board of directors were re-elected at the retailer’s annual meeting on June 11, but there was strong opposition to several members and a proposal requiring an independent chairman nearly passed.

  • eBay Enterprise has good news for Paula’s Choice, Walgreens customers

    Walgreens and Paula’s Choice online customers will be getting their orders faster now that they have eBay Enterprise and its regional fulfillment centers at their disposal.

    ebay Enterprise said that Walgreens had renewed its agreement that will utilize the Reno, Nevada, fulfillment center to better reach its West Coast customers.

  • Survey: Online grocery shoppers make fewer impulse buys

    London, U.K. — Online grocery shoppers tend to buy fewer impulse purchases online than in store, resulting in smaller basket sizes. A recent survey of 1,154 online grocery shoppers from EDigitalResearch found that 29% of respondents feel that they make far fewer impulse purchases online than in store. 

  • Tax benefit boosts 99 Cents Only profit in Q1

    City of Commerce, Calif. — 99 Cents Only Stores LLC reported net income of $9.57 million in the first quarter of fiscal 2015, up from $897,000 in the same quarter a year earlier. 

    Net sales rose $477.9 million, up 7% from $445.2 million in the first quarter of fiscal 2014. 

  • The hottest company in home furnishings

    With an 18% same store sales increase and a 217% profit improvement in the first quarter no wonder Restoration Hardware is looking to add 31 new stores to its 69 current locations.

    The company is on track to open stores in Los Angeles and Atlanta later this year and is adding two floors to its top-performing store in New York. In addition, Restoration Hardware chairman and CEO Gary Friedman said the company has signed leases for six of its stores called “next-generation full line design galleries,” and is in negotiations for 25 additional locations.

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