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Supply Chain & Merchandising

  • Dillard’s net income falls in Q4

    Little Rock, Ark. – Dillard’s Inc. reported declining net income for the fourth quarter and fiscal year 2014. Compared to the same period a year earlier, Dillard’s reported a 26% decline in net income to $119.1 million from $161.4 million.

    Net sales in the fourth quarter declined 3% to $2.03 billion from $2.1 billion, and same-store sales grew 2%. During the fiscal year, net income dropped about 4% to $323.7 million from $336 million, and net sales slightly declined to $6.53 billion from $6.59 billion. Same-store sales rose 1%.

  • ECommera completes $41 million funding round

    London  -- ECommera, a provider of Big Data and omni-channel commerce solutions for retailers, has completed a $41 million Series C funding round. Dawn Capital led the round together with investors West Coast Capital, Frog Capital, EPlanet Capital, WPP and new partner Wti.

  • Tuesday Morning bolsters senior management team

    Tuesday Morning, a leading closeout retailer with 819 stores across the United States, has appointed Douglas B. Sullivan as SVP for real estate and Michael J. Jones as SVP and chief information officer.

    Most recently, Sullivan served as EVP for development at Michaels, where he led the company's real estate strategy development and rollout.  

  • Dick’s Sporting Goods to open in Panama City, Fla.

    Pittsburgh – Dick’s Sporting Goods opens a new store in Panama City Beach, Fla., on March 7. The store will be located at Pier Park North and will be the retailer's 25th store in the state of Florida and its 559th nationwide.

  • Ross Dress for Less expanding in Florida, with four new stores

    Dublin, Calif. -- Ross Dress for Less will open four new locations in Florida on March 8, adding to its existing store base of more than 130 locations in the Sunshine State. New locations include the Coral Ridge Mall in Fort Lauderdale, Seabridge Square in St. Augustine, Lake Mary Centre in Lake Mary, and Southchase Village in Orlando.  

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

     

  • Heavy markdowns hurt Dillard’s in Q4

    Dillard’s CEO William T. Dillard II voiced disappointment in the retailer’s gross margin performance despite what he called a profitable fourth quarter. Although comparable sales grew 2%, the retailer said lower-than-anticipated sales necessitated heavy markdowns.

  • Big Lots hosts career fairs in Northern California

    Columbus, Ohio – Big Lots Inc. is hosting three career fairs in the San Francisco Bay and San Jose areas the first week of March. The retailer has opportunities for experienced store management, entry-level management, store associates, and stockers.

    "We're looking for people committed to delivering terrific service in a fast-paced retail environment," said regional HR manager Bill Armstrong. "This is a great opportunity to meet and interact with a prospective employer and make a real impact."

  • Jack Link’s grows its meat snack footprint

    Jack Link’s plans to purchase Unilever’s meat snacks business, primarily sold under the BiFi brand (Germany, Benelux, Austria and Switzerland) and the Peperami brand (UK and Ireland). The sale is expected to close by the end of March.

    Terms of the deal were not disclosed. The transaction, subject to customary closing conditions, also includes the manufacturing facility in Ansbach, Germany.

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