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Supply Chain & Merchandising

  • GNC to establish branded presence on Sam's Club shelves

    PITTSBURGH — GNC recently extended its relationship with Sam's Club, the company announced in conjunction with its second-quarter results.

    Beginning in third quarter 2012, GNC's presence in all Sam's Club locations will incorporate established shelf space with branded signage, adding to the existing rotational assortment program.

  • Costco financial incentives approved by New Orleans City Council

    New Orleans -- New Orleans has rolled out the red carpet in order to assure the first Costco location in the state.

    The city council on Thursday unanimously approved nearly $6 million in financial incentives for a planned Costco in the New Orleans suburb of Carrollton.  
     
    The $45 million, 148,000-sq.-ft. Costco marks the warehouse club operator’s state debut, to reportedly be followed by a second in the capital city of Baton Rouge.

    The New Orleans store is slated to open late summer 2013.
     

  • Sales grow, but profits plunge at Amazon

    Profits at Amazon.com declined 96% to $7 million, or a penny a share, even though sales advanced 29% to $12.8 billion.

    The ongoing build out of Amazon.com’s supply chain infrastructure hurt the company’s overall profitability, but positioned the company to deliver an even better shopper experience in the future. Amazon.com expects to open approximately 18 new warehouses this year.

  • Neighborhood Market at center of Bella Vista battle

    Walmart is used to encountering opposition to its new stores, just not in its own backyard.

    However, that is what’s been happening in the sprawling master planned community of Bella Vista, Ark., where residents, some of them anyway, are up in arms over a planned Walmart Neighborhood Market. They say the location of the proposed stores is a poor choice and the 24-hour store with four gas pumps will bring additional traffic to an already busy road.

  • Capel to succeed Sinisgalli as CEO at Manhattan Associates

    Manhattan Associates announced a CEO succession plan in conjunction with strong second quarter results that saw the provider of supply chain optimization services increase its full year profit forecast.

  • Fresh & Easy makes corporate staffing cuts

    El Segundo, Calif. -- A Thursday report by Supermarket News said that Fresh & Easy Neighborhood Market has eliminated as many as 40 positions at its corporate offices.

    While the number of layoffs has not been confirmed, sources say it nears 40 jobs, mostly in real estate and store-opening support.
     

  • Mega Brands sales up 13% in Q2

    MONTREAL — Toy manufacturer Mega Brands reported that net sales in the second quarter increased 13% to $94.5 million compared with $83.9 million in the corresponding 2011 period.

    Toy sales increased 14% compared to the second quarter of 2011, driven by higher product shipments in the preschool and boys construction categories. Toy sales have increased year-over-year in ten of the last 11 quarters.

    Sales of stationery and ctivities products were up 10%, the fifth consecutive quarter of year-over-year growth in this segment.

  • Cabela's delivers strong revenue growth in Q2

    SIDNEY, Neb. — Revenues rose 11.6% to $627.3 million at Cabela's during its second quarter, consisting of a 16.9% increase in store revenue, a 0.7% decrease in direct revenue and a 12.8% increase in financial services revenue. Same-store sales rose 4.7%.

    Net income for the quarterr increased to $33.9 million compared with $21.7 million and earnings per diluted share were 47 cents compared with 31 cents, each compared with the year ago quarter.

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