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Supply Chain & Merchandising

  • 99 Cents Only goes from loss to gain in Q1 ‘14

    City of Commerce, Calif. -- 99 Cents Only Stores had a positive first quarter of fiscal 2014, swinging from a net loss to net income and also reporting gains in net and same-store sales. The retailer reported net income of $3.16 million, compared to a net loss of about $4.9 million a year earlier.

  • Reports: Amazon may expand grocery service to New York

    SEATTLE -- Amazon's grocery service might be making its way to New York next year, according to published reports.

    Citing analysis from SunTrust analyst Robert Peck, EcommerceBytes.com reported that the Seattle-based online retailer may start offering Amazon Fresh in New York in 2014, based on his finding that the company had expanded into a New Jersey warehouse previously used by C&S Wholesale Grocers.

  • 13 not so lucky for Fairway Group Holdings

    NEW YORK — In its first quarter as a public company, Fairway Group Holdings Corp., the parent company of Fairway Market, reported tepid financial results for its fiscal 2014 first quarter ended June 30.

  • Meijer plans 9K new hires

    Grand Rapids, Mich. -- Meijer is preparing to hire thousands of new team members for its stores in response to company growth and in preparation for the fall and holiday selling seasons. While staffing needs vary from store to store, all Meijer stores have positions available. Broken down by state, Meijer plans 4,400 new hires in Michigan, 1,800 in Indiana, 1,600 in Ohio, 900 in Illinois and 500 in Kentucky.

  • Gap reports higher sales for Q2, July

    San Francisco -- Gap Inc. reported net sales of $3.87 billion for the second quarter of 2013, up 8% from $3.58 billion for the second quarter last year. Net sales for July of this year totaled $1.12 billion, close to 6% higher than $1.06 billion in July of the previous year.

  • 99 Cents Only set for growth amid Q1 2014 results

    CITY OF COMMERCE, Calif. — 99 Cents Only expects to increase its store count by approximately 10% exclusively in existing markets in fiscal 2014, following the company's first quarter results for the period ended June 29.

  • TreeHouse Foods expands brands portfolio

    OAKBROOK, Ill. — TreeHouse Foods has entered into an agreement with TorQuest Partners and other shareholders to acquire Associated Brands GP Corporation, a leading private label manufacturer of powdered drinks, specialty teas and sweeteners. 

  • Roundy’s reports rough Q2 results

    Milwaukee -- Roundy’s reported generally disappointing financial results for the second quarter of fiscal 2013. Net income plummeted 40% from $18.9 million in the second quarter of the previous year to $13.5 million, while net sales for the second quarter of 2013 were $980.3 million, a decrease of $16.5 million, or 1.7%, from $996.8 million for the second quarter of 2012.

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