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Supply Chain & Merchandising

  • Sprouts Farmers Market comes to Houston area

    Houston — Sprouts Farmers Market, an independent natural foods grocery store chain, opened its first Houston-area store today.

    The 25,300-sq.-ft. store opened at the southwest corner of Cinco Ranch Boulevard and Peek Road in Katy, Texas. The store will sell farm-fresh produce and thousands of natural, organic and mainstream food items at an affordable price point.

  • Great American Cookies to expand in Puerto Rico

    Atlanta -- Global Franchise Group said Wednesday it is expanding its Puerto Rican presence via a multi-unit operator.

    A.M.A. Pretzels International opened two Great American Cookies stores in Puerto Rico -- in Plaza Carolina in Carolina, and Plaza Rio Hondo in Bayamon.

    "Global Franchise Group is thrilled to have such outstanding multi-unit franchisees expand the Great American Cookies brand in Puerto Rico," said Global Franchise Group chief development officer John Barber.

     

  • Five Below sales and profits rise in Q4; 60 stores on tap for 2013

    New York -- Five Below reported Wednesday that net income for the quarter ended Feb. 2 rose to $19.2 million, compared with $12.4 million in the year-ago period.

    Revenue surged 38% to $173.6 million from $125.8 million in the fourth quarter of fiscal 2011. Same-store sales rose 4.4%.

    For the full year, profit rose to $20 million from $16.1 million and revenue increased 41% to $418.8 million. The company said it expects to open 60 stores this year, including new markets in Texas, as well as adding units in existing markets.
     

  • Five Below sales and profits rise in Q4

    New York -- Five Below reported Wednesday that net income for the quarter ended Feb. 2 rose to $19.2 million, compared with $12.4 million in the year-ago period.

    Revenue surged 38% to $173.6 million from $125.8 million in the fourth quarter of fiscal 2011. Same-store sales rose 4.4%.

    For the full year, profit rose to $20 million from $16.1 million and revenue increased 41% to $418.8 million. The company said it expects to open 60 stores this year, including new markets in Texas, as well as adding units in existing markets.

  • NYT Editorial: Congress signals readiness to require sales tax for online retailers

    NEW YORK — The New York Times Editorial Board in an editorial published Tuesday, signaled Congress may be ready to take up the Marketplace Fairness Act of 2013, a bill allowing states to require online retailers to collect sales taxes.

  • Academy Service Group sells Academy Fire Protection

    Hackensack, N.J. -- Academy Service Group, nationwide provider of facility maintenance services, announced Wednesday that it has sold Academy Fire Protection to a California-based private equity firm.  

  • Books-A-Million sales slip in Q4

    Birmingham, Ala. -- Books-A-Million reported Wednesday a profit of $8.1 million for the fourth quarter, up slightly from $7.6 million a year earlier.

    Sales dipped 0.8% to $165.6 million, and same-store sales dropped 6.1%.

    For the full year, the retailer swung from a loss of $4 million to a profit of $2.5 million. Revenue rose 7.5% to $503.8 million.

  • Herdez expands cooking sauces line, eyes wider distribution to Walmart

    LOS ANGELES — Herdez, maker of Mexican food products and brand of MegaMex Foods announced today it expects expanded distribution to Walmart stores by June, and filling those shelves will be four new Mexican Cooking Sauces currently lining the sauce aisle at Los Angeles-area Albertsons stores.

    The four new sauces include:

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