Supply Chain & Merchandising

Sandpoint, Idaho -- Private equity firm Golden Gate Capital has provided Coldwater Creek with a five-year, $65 million senior secured term loan. The retailer also announced the completion of an amendment to its $70 million revolving credit facility with Wells Fargo Capital Finance, which matures on May 16, 2016.

Regional sporting goods chain Hibbett Sports plans to begin construction this fall on a new distribution facility that will support more than 2,000 stores.

To help manage its rapidly growing e-commerce business, Walmart’s Asda division in the United Kingdom has selected multiple components of Manhattan Associates supply chain solutions portfolio known as SCOPE.

Asda Direct, the retailer’s general merchandise ecommerce operation, will deploy the supply chain solutions within several distribution centers across the United Kingdom and leverage the Manhattan Associates Supply Chain Process Platform.

By Renato Scaff, [email protected] and Mark Allen, [email protected]

While the proliferation of new products, personalized services, and digital channels are giving consumers more shopping options than ever, they also are making it tough for traditional retailers and consumer goods manufacturers to capitalize on the demand being created. Succeeding in this environment will require a new level of seamless retail-supplier collaboration.

CAMDEN, N.J. — Campbell Soup Company has agreed to buy Bolthouse Farms from a fund managed by Madison Dearborn Partners, LLC, a private equity firm, for $1.55 billion in cash. Founded in 1915, Bolthouse is a vertically integrated food and beverage company focused on developing, manufacturing and marketing proprietary, high value-added natural, healthy products.

Birmingham, Ala. -- Hibbett Sports announced plans to build a wholesaling and logistics facility in Alabaster, Ala.

Construction on the new 360,000-sq.-ft. center is expected to commence in fall 2012 with the facility expected to be fully operational by fall 2014. When completed, it will replace the existing 180,000-sq.-ft. facility that the company currently leases in Birmingham.
 

According to the Employment Situation report from the Bureau of Labor Statistics, the national unemployment rate held at 8.2%. Nonfarm payroll employment continued to edge up in June, with 80,000 jobs added.

Professional and business services added 47,000 jobs in June, while health care added 13,000 jobs and wholesale trade added 9,000 in June.

New York -- Myers Group plans to install the QThru mobile platform, which enables shoppers to scan items with a smartphone as they shop, in its supermarkets. The company has been testing the system for six months at its IGA Ridge Supermarket in Snoqualmie, Wash.