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Supply Chain & Merchandising

  • Unilever uses Terra Technology for optimization in Europe

    NORWALK, Conn. — Consumer goods manufacturer Unilever has implemented Terra Technology’s Demand Sensing and Multi-Enterprise Inventory Optimization solutions across Europe. These implementations are improving forecast accuracy and helping to create a more agile and efficient supply chain, contributing to significantly lower inventory and improved on-shelf availability.

  • Best Buy to make holiday price-matching permanent year round

    New York -- Best Buy Co. is making its holiday price-matching guarantee a year-round program. Taking aim against the increasingly popular practice of “showrooming,” the consumer electronics chain will match online prices starting March 3.

    Best Buy’s permanent price match has been expanded to cover almost all categories of merchandise. It does not cover phones purchased under contract.

    Best Buy will also decrease its merchandise return policy from 30 days to 15 days

     

  • GNC reports strong Q4; to open 180 stores in U.S. in 2013

    Pittsburgh -- GNC Holdings is bullish on expansion. Reporting impressive results for the fourth quarter, the retailer plans to open approximately 150 net new U.S. stores in 2013, along with 30 net new domestic franchise locations, and 175-200 net new international franchise locations. It also will open 30 net new GNC-Rite Aid store-within-a-store locations.

  • Stater Bros. names senior operations executive

    San Bernardino, Calif. -- Stater Bros. announced Monday that it has promoted Dan Meyer to EVP retail operations, charging him with oversight of retail operations for all 167 Stater Bros. supermarkets and the corporate training center.

    A 42-year veteran of the company, Meyer most recently served as SVP retail operations.

     

  • Jo-Ann marketing head to assume merchandising responsibilities

    HUDSON, Ohio — Jo-Ann Fabric and Craft Stores has named Riddianne Kline SVP chief marketing and merchandising officer.

    In addition to retaining her current responsibilities overseeing both marketing and advertising for Jo-Ann, Kline will assume responsibility for the merchandising, product development and inventory management groups.

  • Stater Bros. promotes long-time exec to head of retail ops

    SAN BERNARDINO, Calif. — Stater Bros. has promoted Dan Meyer to the position of EVP retail operations. In this position, Meyer will be responsible for the retail operations of all 167 Stater Bros. Supermarkets as well as overseeing the day-to-day operations of the Corporate Training Center.  

  • The Vitamin Shoppe closes on acquisition of Super Supplements

    North Bergen, N.J. -- The Vitamin Shoppe announced that it has closed on the previously announced purchase of Super Supplements, a specialty retailer of vitamins, minerals and supplements for approximately $50 million. The acquisition was funded with available cash. 

    The transaction was structured as a purchase of Super Supplements' assets by a wholly-owned subsidiary of the Vitamin Shoppe. Super Supplements is headquartered in Seattle, Washington and operates 31 stores in the Pacific Northwest.
     

  • Report: Office Depot in talks to sell off rest of Mexican unit

    New York -- A Friday report by Bloomberg said that Office Depot is considering selling the remaining 50% of its Mexican unit to Grupo Gigante SAB, which currently owns the other half.

    Citing unnamed sources, Bloomberg reported that Grupo Gigante is in talks with local banks to fund the acquisition of Office Depot de Mexico.
     

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