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Supply Chain & Merchandising

  • ShopperTrak: August 2012

    Back-to-school shopping, the second-largest shopping season in the United States, helped make this August a strong month for retailers. Shoppers took advantage of back-to-school promotions to outfit students for the new school year. ShopperTrak, the world’s largest counter and analyzer of retail foot traffic, found that August’s retail foot traffic increased 6.3% compared with the previous month and increased 12.3% compared with the same month last year. 
       

  • Supervalu to close 60 underperforming stores

    Minneapolis -- Supervalu announced Wednesday it will close about 60 underperforming or nonstrategic stores in fiscal 2012. The closings include 22 Save-A-Lot locations, 27 Albertsons stores, four Acme stores and one previously announced Jewel-Osco.

    The majority of the stores are expected to close before Dec. 1, which marks the end of the company’s fiscal 2013 third quarter.

  • GMA names VP industry affairs

    WASHINGTON — The Grocery Manufacturers Association has named Elise Fennig as VP industry affairs.

  • Kronos: More people applying for jobs, getting hired in the retail industry

    Chelmsford, Mass. -- A report released Thursday by workforce management solution-provider Kronos Inc. found that retail experienced gains in job applications and hiring during the month of August.

  • More competition coming from Dollar General

    If it seems like Dollar General stores are everywhere it’s because they are. And more keep coming presenting price sensitive shoppers with a viable alternative to Walmart.

  • Supervalu to shutter 60 stores

    MINNEAPOLIS — Supervalu is closing approximately 60 stores as the company moves forward with its turnaround plans. The company will shutter 38 stores in its retail food reporting segment and 22 Save-A-Lot locations. The majority of the stores are expected to close before Dec. 1, the end of the company’s fiscal 2013 third quarter.

  • Kroger details progress on energy conservation and waste reduction

    Cincinnati -- The Kroger Co. has saved more than 2.34 billion kilowatt hours of electricity, which equals 1.47 million metric tons of greenhouse gas emissions, in 2011, according to the chain’s sixth annual Sustainability Report.

  • Sears narrows loss in Q2; Lampert stock buy sends shares upward

    Hoffman Estates, Ill. -- Sears Holdings Corp. reported Thursday a loss of $132 million for the second quarter, tightened from a loss of $146 million in the year-ago period. Sales dropped 6.6% to $9.47 billion and same-store sales declined as well, by 2.9% at U.S. Sears stores and by 4.7% at its Kmart units.

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