Supply Chain & Merchandising

It was steady as she goes at Procter & Gamble during the company’s first quarter as the nation’s largest consumer packaged goods company generated sales and profits that met expectations.
Sales increased 2% to $21.2 billion and net income increased 8% to slightly more than $3 billion, or $1.04 a share, from $2.8 billion, or 96 cents a share.

Woodland Hills, Calif. — GrowLife has announced the opening of its seventh store in Santa Rosa, Calif., on Oct. 25.

GrowLife Hydroponics operates in the legal cannabis industry with online and brick-and-mortar stores.

A compressed shopping season coupled with the continued growth of e-commerce has UPS forecasting that peak season daily package volumes will grow by 8%.

Petco has opened its first store in Mexico and announced plans for continued expansion in Mexico and Latin America through a previously announced joint venture with Grupo Gigante of Mexico. Together, the companies plan to open as many as 50 Petco stores in Mexico and Latin America by 2020.

New York -- Lane Bryant has announced the opening of three new stores and one relocation of an existing store.

The specialty apparel retailer plans to open a new store in the Miracle Mile Shopping Center in Monroeville, Pa., on Oct. 25, with the grand opening running through the weekend.

Lane Bryant also plans to open a new store at Rushmore Crossing in Rapid City, S.D. on Oct. 25, with the grand opening continuing through Sunday.

New product launches in key categories and strong marketing helped Newell Rubbermaid gain market share during the company’s third quarter.

The leading consumer goods company said sales for the period ended September 30, grew a modest 2.1% to $1.5 billion while net income, aided by the sale of the company’s hardware business, increased to $193.3 million, or 66 cents a share, from $108.3 million, or 37 cents a share.

Phoenix — The metropolitan Phoenix retail market ended the third quarter with a retail vacancy rate at 10.5%, down nearly a full point from 11.3% a year ago, according to CBRE’s Phoenix Retail MarketView report for the third quarter.

The market recorded positive absorption of 385,625 sq. ft. for the quarter and so far this year has absorbed 1.1 million sq. ft.

Sidney, Neb. – Cabela’s said that strong performance from its next-generation store format helped drive its third quarter net income up 16.6%, to $49.9 million compared to $42.8 million in the year ago quarter. The company also announced plans for three new stores.

Revenue grew about 15%, from $741.2 million to $850.8 million. Same-store sales grew 3.9%.