Supply Chain & Merchandising

New York -- Walmart on Tuesday updated its plans for its Canadian division, saying that it plans to complete at least 37 supercenter projects in the country during the company’s next fiscal year (February 1, 2013 to January 31, 2014). The announcement comes a couple of months before Target Corp.’s spring launch of its stores in Canada. 

DALLAS —Tuesday Morning reported that for the second quarter, the company's net sales increased 4.5% to $285.3 million, from $273.1 million in the second quarter of fiscal 2012.

The company reportd that its net loss for the quarter was $21.5 million, or 51 cents per share.  The company reported net income of $15.9 million or 37 cents per share in the second quarter of fiscal 2012. 

Norwalk, Conn. -- BJ’s Wholesale Club has reached a multi-year agreement with LogicSource Inc. to provide enhanced print procurement and management services that will deliver significant cost savings to BJ’s. Terms were not disclosed.

LogicSource will provide onsite co-sourcing for all of BJ’s print procurement needs by collaborating with BJ’s to identify new potential supply chain partners and procurement efficiencies.

NORWALK, Conn. — BJ’s Wholesale Club has reached a multi-year agreement with LogicSource Inc. to provide enhanced print procurement and management services that will deliver significant cost savings to BJ’s. Terms were not disclosed.

LogicSource will provide onsite co-sourcing for all of BJ’s print procurement needs by collaborating with BJ’s to identify new potential supply chain partners and procurement efficiencies.

TRACY, Calif.   — Amazon will open a new fulfillment center in Tracy, Calif., creating hundreds of jobs in the process, the company announced.
 

New York -- Consumer products executives expect their highest growth to come from the warehouse club channel compared with any other retail sales channel over the next three years, including mass merchandise, grocery, and e-commerce, according to new research from Deloitte.

Walmart’s store count in Canada will increase by nine units during the coming fiscal year following an exceptional rate of growth in 2012.

Dallas – Blockbuster will shutter about 300 of its stores in the United States in the coming weeks. The closures will result in the loss of about 3,000 jobs and leave the chain with some 500 U.S. locations, according to a spokesman for Blockbuster parent company Dish Network Corp.

The closures will affect underperforming stores or those nearing the end of their lease. Specific locations have not yet been announced.