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Supply Chain & Merchandising

  • Hiring survey indicates best holiday job market in five years

    Richmond, Va. -- An annual seasonal hiring survey released Thursday by Snagajob indicates that more holiday jobs will be available this year than have been expected in any previous season in the study’s five-year history.  


    The survey of more than 1,000 hourly hiring managers with responsibility for seasonal hiring, conducted by IPSOS Public Affairs for Snagajob, included the following highlights:

  • Bed Bath & Beyond sales, earnings up in Q2

    UNION, N.J. — Bed Bath and Beyond's earnings per diluted share for its second quarter rose 5.4% from 98 cents ($224.3 million) from 93 cents ($229.4 million) last year.

    The company reported net sales of approximately $2.6 billion, an increase of approximately 12.1% from net sales of approximately $2.3 billion reported in the fiscal second quarter of 2011.  Comparable-store sales in the fiscal second quarter of 2012 increased by approximately 3.5%, compared with an increase of approximately 5.6% in last year's fiscal second quarter.  

  • Rite Aid narrows loss in Q2

    Camp Hill, Pa. -- Rite Aid Corp. reported Thursday a loss of $41.4 million in the second quarter, significantly narrowed from a $94.7 million loss in the year-ago period.

    Revenue slipped to $6.23 billion from $6.27 billion last year, missing Wall Street’s projected $6.25 billion in sales. Same-store sales were essentially flat for the quarter.

  • Town Shoes’ Sterling division goes live with Vision Suite

    New York -- Enterprise business solution-provider Jesta I.S. Inc. said Thursday that Sterling Shoes, a division of Toronto-based Town Shoes, has gone live with its Vision Store and Vision Merchandising software.
     
    Town Shoes completed the acquisition of 69 Sterling Shoes stores in April 2012 and immediately launched the selection process for POS and merchandising software solutions that could be implemented by Labor Day weekend.

  • The Pantry names SVP operations

    CARY, N.C. — The Pantry, an independently operated convenience store chain in the southeastern United States, announced that Joe Venezia is joining the executive leadership team as SVP operations.

    Venezia joins The Pantry from TitleMax. In his new role at The Pantry, he will lead the company’s store operations and be focused on driving sales, improving store productivity, and leading a great store operations team.

  • Study: Few sites for smaller big-box footprints in urban Chicago

    Chicago -- A real estate report released Wednesday by Mid-America Real Estate Corp.’s Urban Team found that much of Chicago lacks the type of product that today’s downsized big-box retailers are looking for.

  • Supervalu names former Best Buy exec to CIO post

    Minneapolis -- Supervalu on Thursday announced the appointment of Kathy Persian as senior VP and chief information officer of the company.  

    Persian joined Supervalu in 2010 as group VP retail and merchandising systems, and later moved to group VP corporate planning, analysis and business process.

    She replaces Wayne Shurts, who resigned to accept a position with another company.

    Prior to Supervalu, Persian served as senior VP international business process and operations for Best Buy Co.

     

  • Supervalu names CIO

    MINNEAPOLIS — Supervalu has named Kathy Persian as SVP and chief information officer. Persian joined the company in February 2010 in the role of group VP retail and merchandising systems, and later moved to group VP corporate planning, analysis and business process. Persian was named to the CIO post following the decision by Wayne Shurts to accept a position with another company. Shurts joined Supervalu in April 2010.

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