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Supply Chain & Merchandising

  • Men's Wearhouse's Q1 benefits from earlier Easter

    FREMONT — Net sales at Men's Wearhouse's flagship brand stores got off to a slow start, but clothing and tuxedo revenues picked up, allowing the company to see total net sales of $617 million for the first quarter ended May 4, an increase of 5% from $587 million for the quarter last year.  

  • Walmart Canada faces emboldened competitor

    The Sobey’s chain of food stores, whose parent company counts former Walmart Canada head Dave Ferguson among its board members, has added new square footage to its retail portfolio with the acquisitions of Safeway’s Canadian stores.

    The $5.8 billion deal, announced late Wednesday will added Safeway’s 223 stores and 12 manufacturing facilities to Sobey’s existing operation which includes about 1,500 stores under banners such as Sobeys, IGA extra, Thrifty Foods, IGA, Foodland and FreshCo.

  • The Container Store upgrades mobile site

    The Container Store has turned to Usablenet, a mobile and multichannel technology provider, to upgrade its mobile Web site so the retailer can provide its customers with a seamless mobile shopping experience.

  • Report: Lululemon chair sold stock prior to CEO exit

    Lululemon's chairman, Dennis "Chip" Wilson, sold stock worth $50 million just days before shares slumped following CEO Christine Day's resignation, according to a Reuters report.

    Reuters goes on to cite a Wall Street Journal report — which in turn cites InsiderScore.com, a site which tracks insider trading and institutional ownership — that Wilson set up plans to sell stock back in December. Wilson founded the company in 1998 and remains its largest voting shareholder.

  • Target’s first round of stores in Canada receives LEED certification

    MISSISSAUGA, Ont. -- Target announced that its first 24 store locations in Ontario (Canada) have been awarded LEED (Leadership in Energy & Environmental Design) certification. As previously announced, the discounter is seeking LEED certification for all 124 stores scheduled to open in Canada this year.

  • Former Smucker sales exec new VP of global sales for OurPets

    FAIRPORT HARBOR, Ohio — OurPets Company, a proprietary pet supply company, has promoted Tim Viancourt to the position of VP of global sales.

  • Meijer to open two Indiana supercenters

    Grand Rapids, Mich. -- Meijer will open two 190,000-sq.-ft. supercenters in the northern Indiana towns of Portage and Warsaw on June 13. Meijer operates more than 200 stores in the Midwest and will have 32 stores in Indiana. Meijer expects the stores to create more than 500 new jobs.

  • Shopko brings big city deals to rural areas with hometown format

    GREEN BAY, Wis. — Shopko plans to open five new Shopko Hometown stores in Afton, Wyo., St. Peter, Minn., and Winneconne, Ellsworth and Tomahawk, Wis., in late fall.

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