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Supply Chain & Merchandising

  • Comps and debt grow at Container Store

    The Container Store posted a better than expected profit performance during its first quarter as a public company but offered a full year outlook analysts found underwhelming.

  • Report: Apple opens store on Chinese online marketplace

    Cupertino, Calif. – Apple Inc. has reportedly opened a digital store on the Chinese online marketplace Tmall. According to the Wall Street Journal, the design of the Tmall digital store is similar to the design of Apple’s own Chinese e-commerce site.

  • Tyco Retail Solutions enters patent agreement with Round Rock Research

    Nehausen, Switzerland -- Tyco Retail Solutions, a provider of retail performance and security solutions, has entered into a patent license agreement with Round Rock Research, LLC regarding RFID solutions. The agreement resolves the involvement of some Tyco retail clients in a patent infringement suit Round Rock filed in January 2012.

  • Loehmann’s commences going-out-of-business sale Jan. 9

    New York -- After almost 93 years, off-price specialty retailer Loehmann's is going out of business.

    On Jan. 7, the U.S. Bankruptcy Court in Manhattan approved an order authorizing a joint venture formed by SB Capital Group, LLC, Tiger Capital Group, LLC, and A & G Realty Partners, to conduct "Going Out of Business" sales in each of Loehmann's 39 locations in 11 states and the District of Columbia.  

  • A holiday headache for Bed Bath & Beyond

    Soft sales at leading home goods retailer Bed Bath & Beyond led to a puny comp increase of 1.3%, lower than expected third quarter profits and a downward revision to fourth quarter expectations.

  • Symphony EYC introduces category management platform

    Palo Alto, Calif. – Symphony EYC is introducing Symphony EYC Insights 2 Execution, a new cloud-based category collaboration platform that enables retailers and CPG manufacturers to adopt best practices in category management. The platform’s initial release, iAssort, provides users with browser-based access to their information to build strategic localized assortments that are space-aware.

  • Havertys reports higher sales for Q4

    Atlanta – Havertys reported partial financial results for the fourth quarter and fiscal year 2013, with sales for the fourth quarter increasing 7.6% to $196.2 million, compared with $182.3 million for the fourth quarter of 2012. On a same-store basis, sales for the quarter increased 9.5%.

    Sales for the 12 months of 2013 totaled $746.1 million, compared with $670.1 million in 2012, representing an increase of 11.3%. On a same-store basis, sales increased 11% for the 12 months.

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