Supply Chain & Merchandising

SALT LAKE CITY — Overstock.com is extending its limited-time book sale promotion, pricing books at least 10% below Amazon's prices. The online retailer will keep prices at that level one more week.

"This promotion is so successful we've chosen to extend it," said CEO Patrick M. Byrne. "We are already, on average, 9% cheaper than Amazon on other products we carry, so this just seems like the natural next step. It's a great time to be shopping for a book."

CARLISLE, Pa. — Ahold USA has appointed Nick Bertram as its senior VP store strategy and execution, the supermarket operator said Thursday.

Bertram previoulsy worked for Jewel-Osco, where he oversaw operations across Illinois, Indiana and Iowa. He was also senior VP of Supervalu and worked in executive positions at Walmart in Kentucky, Indiana, Ohio and Pennsylvania. His new position at Ahold USA will be based out of the company's Carlisle, Pa., headquarters.

Plymouth Meeting, Pa. — Smashburger plans to open a 2,700-sq.-ft. eatery at Plymouth Meeting Mall this fall. As of now, Smashburger has 187 corporate and franchised restaurants across the country.

Anchored by Macy’s, Boscov’s and Whole Foods Market and Café, the mall features more than 100 specialty retailers and a long list of destination restaurants like Benihana, Bertucci’s, California Pizza Kitchen, Chipotle Mexican Grill and others.

CINCINNATI, Ohio — Henkel Consumer Goods Inc., a provider of leading consumer brands such as Dial, Purex, Soft Scrub and Right Guard, plans to leverage Datalliance VMI’s platform for its expanding consumer goods Vendor Managed Inventory program.

New York -- American Apparel has purchased the independent New York specialty retailer and wholesaler, Oak, according to Women’s Wear Daily.  

Oak has two stores (one in Brooklyn, and the other in Manhattan) an e-commerce site and a wholesale business. The brand has a cool, hip vibe, and features contemporary fashions at upmarket prices. It will operate as a separate division within American Apparel, and its founders will remain on board, the report said.

LAKELAND, Fla. — Publix has raised its private stock from $26.90 per share to $27.55 per share following a 5% sales increase for the first half of 2013 to $14.5 billion, compared to the first half of 2013. Comparable-store sales for the first half of 2013 increased 3%.

CHICAGO, Ill. — Echo Global Logistics, a leading provider of technology-enabled transportation and supply chain management services, has promoted Nick Hannigan to the role of VP, corporate development. 

In his new role, Hannigan will work closely with the executive team to develop and execute strategic acquisitions and partnerships as Echo continues to execute its growth strategy. During his six-year tenure with the company, he has held a variety of operating and management positions. 

New York -- HH Gregg saw a significant improvement in its financial results for the three-month period ended June 30. Despite a net loss of $1.3 million, or $0.04 per diluted share, the specialty retailer narrowed the gap from a net loss of $5.7 million, or $0.16 per diluted share, for the comparable prior-year period.

The decrease in net loss for the three month period ended June 30, 2013 was due, in part, to a comparable-store sales increase of 0.8%, offset by a decrease in gross profit as a percentage of net sales.