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Supply Chain & Merchandising

  • Home Depot closes acquisition of Blinds.com

    The Home Depot has acquired Blinds.com, the Houston-based online window coverings retailer.

    In explaining the appeal of the partnership, Home Depot cited Blinds.com's integrated user experience, on-demand staff and knowledge base.

  • The Home Depot acquires Blinds.com

    Atlanta – The Home Depot has acquired Houston-based window coverings retailer Blinds.com. As The Home Depot continues to implement its interconnected retail strategy, the company will work with Blinds.com to expand its technology into Homedepot.com and the company's stores with the goal of improving the entire end-to-end buying process for window coverings.

    The Blinds.com management team and staff will remain intact at its headquarters in Houston. The acquisition closed Jan. 23 and terms of the deal were not disclosed.

  • Sold: Fishers Crossing in Fishers, Ind., for $4.1 million

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  • Giant Eagle to take new concepts to Indianapolis

    Giant Eagle is making a push into Indiana with a Market District concept and GetGo, a convenience store, planned just outside of Indianapolis, according to published reports.

    According to reports, it will be the first Giant Eagle store in the state, and additional stores in the metro area might follow.

    “We are thrilled to bring our Market District and GetGo concepts to Carmel and greater Indianapolis,” Giant Eagle CEO Laura Karet said in a statement. “We are also actively evaluating opportunities for additional locations.”

  • P&G on track in second quarter

    Procter & Gamble said second-quarter results were in line with company expectations, and projected solid growth for the second half of the fiscal year.

    Second-quarter net totaled $22.3 billion, unchanged from the year-ago period. Organic sales grew 3%.

    Diluted net earnings per share were $1.18, a decrease of 15% versus a base period that included a 21 cents per share holding gain resulting from P&G’s purchase of the balance of its baby care and feminine care joint venture in Iberia.

  • Starbucks Q1 profit jumps 25%; sales miss

    Seattle – Starbucks Corporation’s profit in the first quarter rose 25% to $540.7 million from $432 million in the year-ago period, better than analysts expected.

    Revenue for the quarter ended Dec. 29, 2013 rose 12% to $4.24 billion from $3.79 billion. Same-store sales rose 5%, beneath Wall Street expectations of 5.9%.

    Same-store sales in the Americas region also rose 5%, while analysts had expected a 6.4% increase.

  • EDENS signs four at Park Road in Charlotte, N.C.

    Columbia, S.C. — EDENS has announced that four new local retailers and restaurants will open at Park Road Shopping Center in Charlotte, N.C., in the coming months.

    The newly announced additions include:

    • Cantina 1511, a Mexican eatery, plans to open toward the end of this summer.

    • Va Da Vie is a local gelato store scheduled to open in February.

    • LALA Girl, a locally owned beauty service makeup bar, plans to open this spring.

  • Former Williams-Sonoma exec to head global retail at Levi’s

    New York -- Levi Strauss & Co. has named Craig Nomura as president of global retail, effective Feb. 3, 2014. He joins Levi’s from Williams-Sonoma Inc., where he was most recently senior VP of global development.

    Nomura, who also held leadership positions at Gap Inc., The Gymboree Corp., Guess?, Inc., and Foot Locker, succeeds Joelle Maher, who left Levi’s in June 2013 to join Gymboree as COO.

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