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Supply Chain & Merchandising

  • Pitney Bowes wins big postal contract

    STAMFORD, Conn. — Pitney Bowes has landed a six-year contract with the U.S. Postal Service.

    In accordance with the contract, valued at up to $32 million for meters and meter supplies, Pitney Bowes will provide USPS with support and maintenance of its network of postal meters. USPS will be able to nationally standardize its meter needs using a single leading edge design. The contract also includes the provision of systems and support to meet the U.S. Joint Military Postal Command’s needs nationally and internationally.

  • CVS Caremark optimistic going into 2013

    Woonsocket, R.I. -- CVS Caremark executives expressed optimism going into 2013 and outlined its strategic growth framework during its annual Analyst Day held on Thursday in New York City.

  • More trip trouble courtesy of Dollar General

    Shoppers in many markets have to drive past one of Dollar General’s more than 10,000 stores before they get to their local Walmart, a situation that will intensify in 2013.

    Dollar General is opening stores so fast its store count sometimes changes multiple times throughout the day. It surpassed 10,000 units earlier this year and by the end of the company third quarter on November 2, it had opened 479 out of 625 stores planned for 2012. Next year, 635 new units are planned and by the end of next year the company’s store count will be in the vicinity of 11,000 stores.

  • Walmart considering acquiring stake in Turkish retailer

    New York -- A Thursday report by the Financial Times said that Wal-Mart Stores Inc. is in discussions with Turkish retailer Migros Ticaret AS to acquire an 80% stake in the company from London-based private equity group BC Partners.

    The Times said that Walmart held meetings with Migros managers in recent days in Turkey but it had not placed a bid for the Turkish retailer. Sources have not been identified and Wal-Mart so far has not commented.

  • ShopperTrak: Retail foot traffic for week ending Dec. 8 up 7.8%

    Chicago -- Shoppers continued their holiday quest during the week ending Dec. 8, according to ShopperTrak. Consumer activity drove a 7.8% increase in foot traffic and 6.5% increase in sales from the previous week.  

    Consumers, however, were not as active as they were at this time last year, and retail foot traffic decreased 0.7% and sales decreased 1.5% when compared to the same period in 2011.
        

  • Pier 1 powers ahead

    FORT WORTH, Texas — Pier 1 Imports expressed renewed confidence in its three-year growth plan following the release of third quarter results that same store sales advance 7.9%.

  • Hallmark extends its cyber reach

    IRVINE, Calif. — Greeting card manufacturer Hallmark has extended its contract with iPass, a high-speed wide area networking platform and Wi-Fi service provider.

    Hallmark has used iPass to provide managed network services to more than 2,100 corporate and independent retail locations for the last seven years. The new five-year contract will enhance Hallmark’s networking capabilities, allowing it to add new managed services that will allow the card manufacturer to further its expansion into the digital market.  

  • Bain Capital-owned sourcing solution firms taps new GM

    NORWALK, Conn. — LogicSource, a sourcing solutions firm owned by Bain Capital, has appointed Sam Vail to the newly created GM spot for its OneMarket technology division. Vail will be responsible for driving OneMarket’s “Concept-to-Customer” solutions strategy, product marketing and business development.

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