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Supply Chain & Merchandising

  • Same day delivery could be WMT's secret weapon

    With 4,000 U.S. stores serving as product depots, same day delivery holds great potential for a retailer with an unrivaled retail footprint, assuming a strategy can be developed to profitably unlock the opportunity.

    Walmart has experimented with same day delivery on the west coast where order are fulfilled from stores and a broader rollout of the service would seem inevitable at some point in the future given online shoppers desire for immediate gratification.

  • Marks & Spencer to unveil green lease policy for stores

    New York -- Marks & Spencer, one of the leading retailers in the United Kingdom, is set to unveil a new property lease policy under which all new M&S stores will have ‘green’ clauses as standard enabling landlords and tenants to better manage a building's environmental performance.

  • Energizer brightens lighting category with new products

    NEW YORK — Energizer is set to launch a new portfolio of lighting products this spring, the New York Times "Gadgetwise" blog reported today. The new line is expected to hit Target shelves in late March, followed by other mass merchandisers later on.

  • Chico’s Q4 up 26%; to open Boston Proper stores

    Fort Meyers, Fla. -- Chico's FAS’ fiscal fourth quarter net income rose 26%, helped by new store openings and the same of more items at full price. The quarter also had an extra week of sales.

    Chico’s earned $31.5 million for the 14 weeks ended Feb. 2, compared with $25.1 million in the 13-week period a year earlier.

    Revenue rose 15% to $651.9 million, from $569.2 million. Wall Street analysts had expected higher revenue of $666.1 million.

    Same-store sales rose 3.7%.  

  • Schlotzsky's in deal for 170 new restaurants in California

    Austin, Texas -- Schlotzsky's has signed the brand's largest franchise agreement in more than 40 years, entering into a partnership that calls for more than 170 Schlotzsky's locations throughout California. The company, which currently has more than 350 locations worldwide, plans to have upwards of 700 locations by 2016.
       
    Each of the new restaurants will feature a new, contemporary design and an upgraded service model in which crew members hand-deliver food to the tables.

  • Target goes big in Canada

    MINNEAPOLIS — Target is planning a rollout in Canada that will be bigger than any single year's worth of its store openings in the United States ever, executives of the company said Wednesday morning in a call with Wall Street analysts to discuss the mass merchandise retailer's fourth-quarter and full-year 2012 results.

  • Kohl's profit slips in Q4

    MENOMONEE FALLS, Wis. — Kohl’s Corporation reported fourth quarter diluted earnings per share of $1.66 compared with $1.81 for the fourth quarter of 2011. Net income for the fourth quarter was $378 million compared with $455 million a year ago. For the year, net income was $1 billion ($4.17 per diluted share) compared with $1.2 billion ($4.30 per diluted share) for fiscal 2011.

    Total sales for the quarter were $6.3 billion, an increase of 5.4% over sales of $6 billion for the same period last year. Same-store sales for the quarter were up 1.9%.

  • Stanley completes Infastech acquisition

    Stanley Black & Decker said it completed its acquisition of Infastech, a global manufacturer and distributor of specialty engineered fastening technologies.

    Stanley paid $850 million in cash for the Hong Kong-based company. The transaction was originally announced on July 2, 2012. 

    Infastech’s annual revenues are about $580 million. 

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