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Supply Chain & Merchandising

  • Games grow, but boys biz tumbles at Hasbro

    PAWTUCKET, R.I. — Strength in the games category enabled Hasbro to increase first quarter revenues by 2% to $664 million compared to $649 million for the same period last year. 

    First quarter revenues were negatively affected by $3 million due to the impact of foreign exchange and one less week in the reporting period. The first quarter 2013 was a 13-week period compared to the first quarter 2012, which was a 14-week period.

  • Body Central Corp. selects Jesta I.S. omni-channel solution

    Montreal -- Jesta I.S. said Monday that Body Central Corp. has selected Jesta I.S.’ Vision Suite to support its strategy of moving to a complete omni-channel environment.

    Body Central will utilize the Vision Suite to power its enterprise with one unified solution, streamlining retail operation processes and providing Body Central with breakdowns on products and simplified strategies via refined business intelligence data.

  • J.C. Penney selling Martha Stewart-designed goods while court battle rages

    New York -- A Monday report by Reuters said that J.C. Penney has begun selling the Martha Stewart “JCP Everyday” lines of home goods, without waiting for a decision from the New York court.

    According to Reuters, Penney general merchandise manager Paul Rutenis testified in New York State Supreme Court on Monday that "as of today, those products are on the floor and online."

  • Walmart to help customers jumpstart weight loss

    FORT WASHINGTON, Pa. — Walmart will exclusively offer the 5-Day Nutrisystem Jumpstart Your Weight Loss Kit at nearly 2,000 stores.

    The new 5-Day Nutrisystem Jumpstart Your Weight Loss Kit, including 15 entrees plus desserts, a free meal planner and program guide with access to free weight loss counseling, can be purchased in-store for $44.98. There is also a 5-Day Nutrisystem kit designed for people losing weight to help manage their diabetes available in the pharmacy section of select stores.

  • Canada’s Holt Renfrew expanding and remodeling chain

    Toronto -- Holt Renfrew will open a flagship store in spring 2016 at Square One Shopping Centre in Mississauga. The store, planned at approximately 120,000 sq.-ft., is part of the company's aggressive growth plan, which will result in a 40% expansion of the total square footage of Holt Renfrew's network.

    In addition to the new Square One site, a number of Holt Renfrew stores will be renovated and expanded, with some completely rebuilt.

  • Walmart Asia environmental program saves 20% in energy costs

    Hong Kong -- The Asia arm of Wal-Mart Stores Inc. said Monday it has achieved energy savings of 20% across 210 supplier factories in China.

    According to Walmart Asia president and CEO Scott Price, the factories have “cut their energy consumption by a minimum of 20% as of December 2012, saving approximately 2.168 billion kWh, a number equivalent to powering 1.46 million homes for an entire year."

  • Leslie's Swimming Pool opens 8 stores this week, 48 in spring

    Phoenix -- Leslie’s Poolmart said Monday it will grand-open eight Leslie’s Swimming Pool stores on April 26-28, part of the company’s pre-stated goal to open 48 new stores in spring 2013.

    New stores will open in Bristol, Conn.; South Elgin, Ill.; Kansas City, Mo.; Medford, N.J.; Depew, N.Y.; Huber Heights and Canton, Ohio; and Doylestown, Pa.

    With the 48 new stores and its recent acquisition of 24 Warehouse Pool Supply stores in the Houston area, Leslie's will bring its total store count to more than 800 stores nationwide.

  • Restoration Hardware swings to loss in Q4, but edges forecasts

    Corte Madera, Calif. -- Restoration Hardware Holdings Inc. reported Friday a loss of $28.4 million for the quarter ended Feb. 2, compared with a profit of $24 million in the year-ago period. Results, impacted by costs associated with the company’s November 2012 IPO, edged analysts’ expectations.

    Revenue surged 30% to $398.1 million from $305.2 million last year, beating Wall Street’s forecast of $390.5 million. Same-store sales advanced a hefty 26%.

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