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Supply Chain & Merchandising

  • Safeway to dispose of Dominick’s stores and exit Chicago market

    Pleasanton, Calif. -- Safeway Inc. announced it plans to get rid of its 72 Dominick's stores in the Chicago area, exiting the market in early 2014.

    Safeway’s decision comes after Dominick's had a net loss of $8.4 million for the third quarter, ended Sept. 7, compared with a loss of $6.2 million in the year-ago period, and a net loss of $21.5 million for the year to date, compared with $16.8 million for the year- ago period.

  • Del Monte Foods streamlines so it can focus on pet products

    Del Monte Foods has announced plans to sell its consumer products business to Del Monte Pacific Limited for $1.675 billion so the company can focus on the pet products market.

  • Fire hits Bangladesh garment factory

    Dhaka, Bangladesh – Another deadly fire has reportedly hit a garment factory in Bangladesh. According to Bloomberg, an Oct. 8 blaze at a garment factory near the Bangladesh capital city of Dhaka killed 10 workers and injured more than 50.

  • Safeway net income plunges in Q3

    Pleasanton, Calif. – Safeway Inc. saw its net income plunge 58% from $157 million to $65.8 million during the third quarter of fiscal 2013, amid a software impairment charge, higher theft and lower property gains. Results, however, beat expectations however.

    Sales grew 1.1% from $8.52 billion to $8.62 billion, driven by a 1.9% improvement in same-store sales.

  • Major mixed-use project for Conway, Ark.

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  • Digital fulfillment firm adds to DC network

    E-commerce facilitator Newgistics has opened three new distribution facilities in Kentucky, California and Illinois encompassing more than 600,000 square feet.

  • Halston dives into e-commerce waters

    The Halston brand is going digital with the launch of its flagship e-commerce site in more than 80 countries today, including the U.S. and Canada. The vertical e-commerce site will feature Halston Heritage apparel and accessories.

    The brand is also expanding its physical presence, with plans to expand to more than 20 locations by yearend.

  • La-Z-Boy to buy two franchise La-Z-Boy Furniture Galleries in Ohio

    Monroe, Mich. – La-Z-Boy Inc. intends to acquire two La-Z-Boy Furniture Galleries stores located in the Youngstown, Ohio, market, with combined revenue of approximately $6.5 million. The stores are located in Boardman and Howland, Ohio, and are owned and operated by independent dealers who are retiring.  

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