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Supply Chain & Merchandising

  • Uniqlo to make Southern California debut

    Costa Mesa, Calif. — Uniqlo is expanding into Southern California. The Japanese apparel retailer will open its first stores in the region this fall, at the Beverly Center in Los Angeles and South Coast Plaza in Costa Mesa.

    Uniqlo announced announced it will an additional location in Northern California, at the Sunvalley Shopping Center in Concord. Also in the works: a store at Stamford Town Center, Stamford, Conn.
     
    The retailer, owned by Japanese holding company Fast Retailing Co., currently has 17 stores in the United States.

  • Bauer hits homerun with Easton acquisition

    Sporting equipment and apparel manufacturer Bauer Performance Sports expanded its product offering in the baseball and softball world with the acquisition of those businesses from Easton-Bell Sports.

    Bauer agreed to pay Easton-Bell Sports $330 million for Easton’s baseball and softball business in a deal that adds the well known Easton brand to Bauer’s existing stable of brands such as Bauer, Mission, Maverik, Cascade, Inaria and Combat.

  • Sobey’s to sell 30 Canadian stores for $391 million

    Stellarton, Canada — Sobey’s Inc. has entered binding purchase and sale agreements with Overwaitea Food Group and Federated Co-operatives Limited that will see Sobeys sell 22 of the 23 stores it is required to divest as part of its consent agreement with the Competition Bureau related to its purchase of Canada Safeway.

     In addition, Sobeys has signed a binding letter of intent with Federated for the sale of its Price Chopper location in Winnipeg, which the company is also required to divest as part of its October consent agreement.

  • Davaco Canada relocates office

    Dallas — Davaco, a provider of high-volume programs and implementation services for global brands, announced that the company’s Canadian offices have relocated to a new space in Woodbridge, Ontario.

    Effective immediately, Davaco Canada will operate its divisional office at 100 Marycroft Avenue, Unit # 4, Woodbridge, Ontario, L4L 5Y5.

    According to founder/CEO Rick Davis, DAVACO’s new office space provides enhancements that further support its clients’ brand initiatives in Canada.

  • Coty focuses on top-line growth following second quarter results

    Coty faced a challenging second quarter as revenues declined, partially due to U.S. market softness in the mass fragrance and nail categories. Despite the challenges, company executives expressed optimism during Friday morning’s conference call, and look to return to top-line growth in the second half.

  • Jos. A. Bank to acquire Eddie Bauer for $850 million

    Hampstead, Md. — Jos. A. Bank Clothiers Inc. is buying the parent company of Eddie Bauer in a cash-and-stock deal valued at $825 million. The deal is the latest chapter in Jos A. Bank’s ongoing takeover battle with Men’s Wearhouse. Last fall, Jos. B. Bank tried and failed to buy rival Men’s Wearhouse for $2.3 billion. Men’s Wearhouse then began pursuing Jos. A. Bank.

  • GNC focuses on expansion following Q4 results

    Despite a challenging retail environment, GNC performed well during the fourth quarter and fiscal year 2013, generating what chairman, president and CEO Joe Fortunato described as solid top and bottom line growth.

    For the quarter, net income slightly rose to $47.7 million from $47.4 million in the same period the prior year.

  • GNC has strong Q4; will enter Russia

    Pittsburgh — GNC Holdings Inc. reported positive financial performance during the fourth quarter and fiscal year 2013. For the quarter, net income slightly rose to $47.7 million from $47.4 million in the same period the prior year.

    In addition, the chain reported consolidated revenue of $613.7 million for the quarter, an increase of 8.6% from $565 million from the year-ago period. Same-store sales increased 5% in domestic corporate stores and 3.3% in domestic franchise stores.

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