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Supply Chain & Merchandising

  • Advance Auto sales, EPS down on weak consumer demand

    ROANOKE, Va. — Advance Auto Parts reported an 8.2% decrease in its second quarter earnings per diluted share to $1.34 from $1.46 for the same period last year.

  • Newgistics buys fufillment provider

    AUSTIN, Texas — Newgistics, a provider of small parcel delivery, returns management and freight shipping services, has acquired AtLast Fulfillment, a Colorado-based provider of fulfillment and warehousing solutions.

  • Kohl’s Q2 profit beats expectations on cost controls; sales disappoint

    Menomonee Falls, Wis. -- Kohl’s Corp. reported a better-than-expected second-quarter profit amid efforts to control costs. Sales, however, disappointed.

    The retailer posted a second-quarter profit of $240 million, down from $299 million in the year-ago period.

    Net sales were $4.2 billion, down 1.0% from last year. Same-store sales decreased 2.7% for the quarter.

  • TAGSYS RFID expands U.S. leadership

    KING OF PRUSSIA, Pa. — TAGSYS RFID, a provider of item-level inventory management systems that streamline the supply chain, has expanded its U.S.-based organization in response to accelerating demand for smart inventory and loss management systems within the retail and luxury sectors.

    Tony Dublino has been named director of U.S. Sales for retail and apparel and Chad Tripp is the new director of field applications engineering for TAGSYS in the United States.

  • Dillard's delivers 97% EPS growth

    LITTLE ROCK, Ark. — Dillard's posted an impressive 97% increase in earnings per share for its second quarter ended July 28. Net income for the quarter was $31 million, or 63 cents per diluted share, compared with net income of $17.6 million, or 32 cents per diluted share, for the same period last year.

    Net sales for the quarter were $1.5 billion compared with net sales for the prior year period of $1.442 billion. Sales in comparable stores increased 3%.

  • Save-A-Lot to open two stores in August

    St. Louis -- Discount grocer Save-A-Lot announced the openings of two grocery stores, one in Orange Park, Fla., and the other in Waveland, Miss.

    The Orange Park store opened on Aug. 2, and the Waveland store opened Aug. 5.

    Save-A-Lot Food Stores is a subsidiary of Supervalu Inc.

  • Stater Bros. reports Q3 sales rise

    SAN BERNARDINO, Calif. — Third-quarter sales for Stater Bros. rose more than $10 million during the period ended June 24, the retailer said Tuesday.

    Third-quarter sales increased 1.14% to $949.8 million, compared with $939 million in third quarter 2011. Same-store sales also rose 1.14% during the third quarter. For the 39-week period ended June 24, sales rose 3.51% to $2.8 billion, compared with $96.7 million in the year-ago period. Same-stores sales for the 39-week period also rose 3.51%.

  • Kmart adjusts back-to-school offerings to reflect changing trends

    Hoffman Estates, Ill. -- Kmart is responding to changing trends affecting the "back-to-school" experience with a number initiatives designed to meet the needs of its consumers.

    According to Kmart, more public schools are requiring uniforms and others are now adopting a year-round school calendar. In response, Kmart has adjusted its approach to back-to-school by increasing the number of stores that sell uniforms and aligning its back-to-school sales periods by region to match that of the local school districts.

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