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Supply Chain & Merchandising

  • Michael Kors to add 50 stores in North America

    New York -- Michael Kors Holdings Ltd. is on a roll. The white-hot luxury fashion and accessories company plans to open up to 50 stores in North America in its current fiscal year, plus additional units in Europe and the Far East. Michael Kors currently has 44 stores in Europe, with another 40 planned for its new fiscal year. 

  • Cold weather chills Genesco’s Q1 sales, earnings

    NASHVILLE, Tenn. — Genesco, a specialty footwear and apparel retailer operating numerous brick-and-mortar and online retail brands including Journeys and Lids.com, reported declines in earnings and net sales for the first quarter of fiscal 2014.

    The company’s earnings declined 11% to $18.5 million from $20.8.

    Net sales decreased 1.5% to $591 million from $600 million. Same-store sales fell 4%. Earnings remained slightly ahead of the company’s expectations.

  • Former Land O' Lakes exec new Safeway CIO

    PLEASANTON, Calif. — Safeway has appointed Land O' Lakes executive Barry Libenson as the company’s SVP and CIO. He succeeds David Ching, who retired earlier this year after 19 years with the company. 

    As CIO, Libenson will oversee Safeway's extensive information technology business functions, reporting directly to Safeway EVP Larree Renda. 

  • Genesco earnings, sales drop

    NASHVILLE, Tenn. — Genesco, a specialty footwear and apparel retailer operating numerous brick-and-mortar and online retail brands including Journeys and Lids.com, reported declines in earnings and net sales for the first quarter of fiscal 2014.

    The company’s earnings declined 11% to $18.5 million from $20.8.

    Net sales decreased 1.5% to $591 million from $600 million. Same-store sales fell 4%. Earnings remained slightly ahead of the company’s expectations.

  • McCormick expands brand portfolio

    SPARKS, Md. — McCormick & Company, a global manufacturer, marketer and distributor of spices, seasoning mixes and condiments, has acquired Wuhan Asia-Pacific Condiments Co. WAPC manufactures and markets the DaQiao and ChuShiLe brand of bouillon products, which have a leading position in the central region of China. 

  • Safeway names Libenson CIO

    PLEASANTON, Calif. — Safeway has appointed Barry Libenson as senior VP and CIO, effective July 1, 2013. Libenson replaces former Safeway CIO David Ching, who retired earlier this year. He will oversee IT business functions and report to executive VP Larree Renda.

    Libenson previously served as senior VP and CIO at Land O’Lakes Inc. since 2010. Other positions he has held include VP of business at Ingersoll-Rand and executive VP at Surety.com.

  • Bridgestone Retail continues to expand

    BLOOMINGDALE, Ill. -- Bridgestone Retail Operations (BSRO) continues to grow its network of tire and automotive service centers across the United States, with a projected total of 45 new retail locations this year. The company currently owns and operates a total of 2,222 stores.

  • KTGY designs $43 million apartment/retail community

    Irvine, Calif. -- KTGY Group announced that Hutton Cos. has launched construction on La Verne Village, a 172-unit mixed-use residential and retail community in La Verne, Calif., located in the San Gabriel Valley, east of Los Angeles.

    Situated on the site of a former automobile dealership on 7.69 acres, the La Verne Village luxury apartment homes are integrated within the village-center court, complete with more than 15,000 sq. ft. of integrated retail shopping and dining.

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