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Supply Chain & Merchandising

  • Bi-Lo Holdings, Delhaize Group deal moves forward

    New York -- Bi-Lo Holdings and Delhaize Group have received approval from the Federal Trade Commission to proceed with the transaction in which Bi-Lo Holdings will acquire substantially all of the stores in Delhaize’s Sweetbay, Harveys and Reid’s supermarket chains. As part of the deal, Bi-Lo agreed to divest 12 Delhaize America stores in Florida, Georgia, and South Carolina, and Delhaize Group agreed to retain two stores that were initially part of the deal.

  • EveryWare Global appoints interim CEO

    EveryWare Global’s board of directors has named Sam Solomon as interim CEO. Solomon is succeeding John Sheppard, who left the company this week.

  • Starbucks continues Evolution Fresh expansion

    Seattle – Starbucks is expanding its Evolution Fresh cold-pressed juice to more than 360 corporate stores in the Chicago and greater Midwest areas. This brings the total number of Starbucks locations and grocery stores offering Evolution Fresh products to more than 9,000 across the U.S.

  • Stein Mart to open 10 new stores

    Jacksonville, Fla. -- Stein Mart plans to open 10 new stores this year as part of the company's largest store expansion since 2007.

    The expansions begin with new locations in the Miami, Washington, D.C., and Las Vegas areas set to open this spring. This year's new store openings will bring the company's total nationwide store count to more than 270.

    The announcement of this expansion follows the company's fiscal 2013 same-store sales growth of 3.7%.

  • Twin Peaks in Longmont, Colo., closer to redevelopment

    Longmont, Colo. — NewMark Merrill Mountain States has taken possession of the Dillard’s building at the former Twin Peaks Mall, a key step in the redevelopment of the center as the Village at the Peaks shopping center.

    Demolition of the old Twin Peaks Mall is set to begin early in the summer of 2014, paving the way for the new shopping destination, Village at the Peaks, to open in 2015.

  • Office Depot focuses on global growth following Q4

    Since Office Depot completed its merger transaction with OfficeMax Nov. 5, 2013, the company has been aggressively executing its integration plan. The company’s fourth quarter results for the period ended Dec. 28, 2013 include OfficeMax’s operations, which generated $939 million of sales.

  • Ashley Furniture opens 500th store; 50 more due in 2014

    Arcadia, Wis. -- Ashley Furniture HomeStore, the largest furniture retailer in the U.S., celebrated the opening of its 500th store in Longview, Texas, on Feb. 21. It is the chain’s 48th store in the Lone Star state.

    The company, whose sales exceeded $3 billion in 2013, has 50 additional HomeStore openings on tap in 2014.

  • Winter weather affects Macy’s fourth-quarter results

    Despite an 11% profit increase in the fourth quarter, sales at Macy’s missed forecasts as ongoing winter storms hurt the retailer’s results in January.

    Macy’s reported net income of $811 million during the fourth quarter, up 5% from $730 million in the same period a year earlier. Sales dropped 1.6% to $9.2 billion from $9.35 billion. Analysts had expected a more modest decline to about $9.28 billion. Same-store sales grew 1.4% for the quarter, less than the 2.5% projected by Wall Street.

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