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Supply Chain & Merchandising

  • Zale narrows Q1 loss; sales up

    Irving, Texas -- Zale Corp. narrowed its first-quarter loss slightly and reported its 12th consecutive quarterly sales increase.

    Zale reported a net loss of $27. 3 million in the quarter ended Oct. 31, compared to $28.3 million, a year ago. The prior year included a gain of $1.9 million from a settlement.

    First-quarter sales increased 1.4% to $363 million, in line with expectations.

    Same-store sales rose 4.4%. Zales Jewelers and Zales Outlet stores posted a same-store sales increase of 7.5%.

  • Meijer gears up for Cyber Week

    Meijer is extending Cyber Monday into a weeklong sales event on Meijer.com, offering customers deep discounts and free shipping on orders of more than $75. The Midwestern retailer will offer Cyber Week savings from Sunday through Dec. 7.

  • Lowe’s introduces mobile product finder

    Mooresville, N.C. -- Lowe's has integrated Point Inside's StoreMode mobile shopper engagement platform into the free Lowe's mobile app to improve the in-store customer experience. Shoppers at all Lowe's locations can use the Product Locator capability to search for products and instantly see the items' locations on a detailed store map using Lowe's iOS and Android mobile apps or Lowe's mobile-optimized website.

  • Canadian retailer Jean Coutu Group debuts online shopping via window displays

    Longueuil, Quebec -- Canadian drug store operator The Jean Coutu Group is looking to boost holiday sales and make shopping more convenient this holiday season with the launch of an “e-store” window inside the Longueuil Metro Station.

    Located in the A Wing of the Longueuil Metro Station, a key public transit hub, the e-store window allows consumers to make holiday purchases online on the spot using their smartphones. Purchased items can be delivered to the address of their choosing before Dec. 24.

  • Farmers market, salon to Deerfield, Ill., center

    Deerfield, Ill. — Fresh Thyme Farmers Market and Studio A Salon have taken space at Cadwell’s Corners in Deerfield, Ill., a northern suburb of Chicago. Mid-America Asset Management Inc. represented the shopping center in the transaction.

  • Sears Canada streamlines business

    Sears Canada is undergoing a six-month reorganization that will result in 712 job cuts, including 79 staffers who have already been terminated at its head office.

    According to Sears, the head office staff reduction aligns its support structure with the size and volume of the organization and also takes advantage of internal processes that have been recently implemented to improve efficiency.

  • Fitch Ratings expects modest improvements in retail sales growth in 2014

    New York -- Fitch Ratings expects total U.S. retail sales growth in the 4% range in 2014, a modest increase over expected 2013 figures that reflects slight improvement in both the employment rate and real wages.

    Fitch expects 2013 holiday sales to grow in the 3%-4% range, in line with The National Retail Federation forecasts that November and December sales will increase 3.9% year over year to $602 billion.

  • Sears Canada plans 712 job cuts, including head office

    Toronto – Sears Canada is undergoing a six-month reorganization that will result in 712 job cuts, including 79 staffers that have already been terminated at its head office. According to Sears, the head office staff reduction aligns its support structure with the size and volume of the organization and also takes advantage of internal processes that have been recently implemented to improve efficiency.

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