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Supply Chain & Merchandising

  • Retail sales show strength in April, led by Gap, L. Brands and Costco

    New York -- Many retailers reported better than expected sales in April, helped by warmer weather and a later-than-usual Easter. Gap Inc., L Brands, Costco Wholesale Club, The Buckle, Stein Mart and Zumiez all came in ahead of analysts estimates.

    At Gap Inc., same-store rose a better-than-expected 9% in April. By banner, sales were up 3% at Gap stores, 7% at Banana Republic and 18% at Old Navy. Analysts had expected Gap’s total same-store sales to inch up 0.1%.

  • Survey: Retailers deploying workforce inspection apps

    Reston, Va. - Among retailers and distribution firms that have deployed mobile apps to their workforces, 46% are using mobile apps for inspections, followed by 35% for checklists and 31% for surveys. According to a new survey of more than 1,100 business and IT decision makers conducted by mobile business app provider Canvas, 63% of all businesses surveyed see value in integrating core business applications, such as Dropbox, Square, Salesforce, Evernote and Quickbooks, with mobile devices and tools.

  • Sprouts Farmers Market profits in first quarter

    Sprouts Farmers Market’s president and CEO Doug Sanders credited the company’s focus on offering healthy food at affordable prices for 28 consecutive quarters of positive same-store sales growth as well as record first quarter results that outperformed its targets.

  • Staples Europe adds merchandising exec

    Amsterdam, Netherlands - Thomas Nowak, senior VP merchandising for European e-commerce site Bol.com, will join the Staples team as senior VP of merchandising, Staples Europe, effective Aug. 1. Nowak will report to president of Staples Europe John Wilson, and will be a member of the European leadership team.

  • Amazon expands Sunday delivery

    Amazon customers in 15 additional cities are now eligible for Sunday delivery, according to the online retail giant.

    In addition to the Los Angeles and New York metro areas where Sunday delivery launched late last year, Amazon customers in the following locations are now receiving deliveries on Sunday:

  • Wendy’s net income soars in Q1; to open 60 stores

    Dublin, Ohio – The Wendy’s Co. reported soaring net income in the first quarter of fiscal 2014 on lower costs and a sharp decline in interest expenses. The company also said it plans to open 60 new corporate and franchised stores, as well as remodel up to 400 corporate and franchised stores.

    Wendy’s net income skyrocketed from $2.1 million to $46.2 million, aided by a $15 million year-over-year reduction in interest expense as a result of the company's 2013 debt restructuring.

  • Amazon expands Sunday delivery to 15 more markets

    New York -- Amazon has expanded its Sunday delivery service to 15 additional cities. The service launched last year in the Los Angeles and New York metro areas.

  • Cato updates Q1 estimate following April sales surge

    Although specialty retailer Cato had a rough March thanks to the shift of Easter from late March last year to mid-April this year, April was a whole other story.

    The company reported sales of $93.5 million for the four weeks ended May 3, a 21% jump from sales of $77 million for the four weeks ended May 4, 2013. Same-store sales increased 18% for the month.

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