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Supply Chain & Merchandising

  • Dunkin’ Brands reports strong Q4, fiscal year 2013 results

    Canton, Mass. – Dunkin’ Brands Group Inc., parent company of Dunkin’ Donuts and Baskin Robbins, reported an impressive set of year-over-year financial results for the fourth quarter and fiscal year 2013. During the quarter, net income grew 23% to $42.1 million from $34.2 million, and revenue increased 13% from $161.7 million to $183.2 million.

    U.S. same-store sales for the quarter increased 3.5% at Dunkin’ Donuts and 2.2% at Baskin Robbins.

  • RMC logged $79.5 million in transactions during 2013

    Tampa, Fla. — RMC Real Estate Services recorded a transaction volume of $79.5 million in 2013, encompassing 1.4 million sq. ft. within its RMC Property Group and RMC Ross Realty divisions. Leasing activity included 279 transactions, encompassing 905,000 sq. ft., valued at a total of $49.1 million. Investment activity closed 20 deals for $30.4 million, spanning 532,000 sq. ft.

  • Nordstrom Rack enters Delaware

    Seattle-based Nordstrom plans to open a Nordstrom Rack at Christiana Fashion Center in Newark, Del. The approximately 35,000-sq.-ft. store, which is scheduled to open in fall 2015, is the company’s first Rack location in the state.

    The single-level, newly built Nordstrom Rack is located at the intersection of Interstate 95 and Route 1, adjacent to Christiana Mall and will be surrounded by a strong tenant mix.

  • Men's Wearhouse expands digital footprint

    Men's Wearhouse has introduced international shipping to online customers in more than 100 countries. The company is promising affordable shipping rates and order totals guaranteed at the time of purchase to the international community.

  • Walgreens January sales grow 3.7%

    Deerfield Park, Ill. - Walgreens had January 2014 sales of $6.39 billion, an increase of 3.7% from $6.17 billion for the same month in fiscal 2013. Same-store sales grew 2.9%.

    Calendar day shifts negatively impacted total comparable sales by 0.3 percentage point, while generic drug introductions in the last 12 months negatively impacted total comparable sales by 0.9 percentage point. Walgreens opened 12 stores during January, including three relocations, and closed three.

     

  • Nordstrom to close two stores

    Seattle -- Nordstrom announced plans to close it's store in Lloyd Center Mall, Portland, Ore., and its store in Vancouver Mall, Vancouver, Wash. Both locations will close in January 2015.

    "This was a tough decision to make because we've been doing business in Lloyd Center and Vancouver Mall for a long time and we care about the community, our customers and our employyees here," said Ed Nordstrom, president of stores.

  • Target heads to Maui, Hawaii

    Target plans to open a new store in the city of Kahulu — its first on the island of Maui in Hawaii — in March 2015. The store will be located on Hookele Street as part of the Pu‘unēnē Shopping Center.

    The 140,000-sq.-ft. store will feature Target’s everyday essentials and exclusive brands along with a selection of fresh produce, fresh packaged meat and pre-packaged baked goods, as well as a Starbucks and a Target Pharmacy.

  • Zappos.com’s Arun Rajan heads to One Kings Lane

    San Francisco-based One Kings Lane, an online destination for the home, has appointed Arun Rajan as chief technology officer.

    In his new role, Rajan will lead end-to-end technology delivery, data infrastructure and site operations to support the growth and evolution of One Kings Lane.

    Rajan joins alongside chief product officer David Yu, who joined One Kings Lane in mid-2013.

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