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Supply Chain & Merchandising

  • Family Dollar keeps delivering value for shareholders and consumers

    MATTHEWS, N.C. — Dollar stores continue to thrive in this consumer-conscious economy, and Family Dollar is no exception.

    The dollar store chain reported a total sales increase of 9.6% to $2.36 billion for the third quarter, compared with $2.15 billion for the same period last year. Same-store sales rose 5%, helped by increased customer traffic and strong performances in the seasonal, electronics and consumables categories.

  • Lowe's teams with Microsoft to improve customer service

    Redmond, Wash. -- Microsoft said Wednesday that Lowe's Home Improvement is engaging its services to help improve customer service. The retailer will implement Microsoft Office 365 across more than 1,745 stores, 200,000 employees and its corporate offices in the United States, Canada and Mexico.

    Office 365 will help Lowe’s improve customer service by providing collaboration tools to increase communication among its stores and employees.

  • RedPrairie releases technology suite for improving sales, customer loyalty

    ATLANTA — RedPrairie, a global supply chain and retail technology provider, has released its RedPrairie Commerce Suite 2012.1, a scalable suite of solutions that help retailers generate sales and customer loyalty by creating seamless and dynamic all-channel shopping experiences, with a 360-degree view of orders, merchandise and customer behavior, and integration with RedPrairie fulfillment solutions, the company said.

  • Jones Lang LaSalle to lease, manage St. Paul Union Depot

    St. Paul, Minn. -- Jones Lang LaSalle said it has been selected by the Ramsey County (Minnesota) Regional Rail Authority as the exclusive property management and retail leasing agent for St. Paul Union Depot.

  • Earth Fare to open at Rangeline Crossing

    Carmel, Ind. -- Indianapolis-based Kite Realty Group said that Earth Fare will open a 25,000-sq.-ft. store at Rangeline Crossing, formally known as The Centre and located in Carmel, Ind.

    Now under redevelopment, the 83,533-sq.-ft. Rangeline Crossing is owned by KRG Centre.

  • Dollar General to sell $450 million in senior debt

    Goodlettsville, Tenn. -- Dollar General Corp. said Wednesday it is offering $450 million in senior notes due in 2017.

    The retailer said it plans to use the proceeds, along with cash on hand and possible other borrowings, to redeem its outstanding senior unsubordinated notes.

    Citigroup, Goldman, Sachs & Co. and KKR are serving as joint book running managers for the offering. BofA Merrill Lynch, Barclays, J.P. Morgan, Wells Fargo Securities, Fifth Third Securities, HSBC, KeyBanc Capital Markets, and US Bancorp are co-managers.

  • Kellie Pickler becomes face of ConAgra hunger awareness campaign

    OMAHA, Neb. — Country music artist Kellie Pickler has been named the national spokesperson for the ConAgra Foods Foundation Hunger-Free Summer program. The joint effort between the ConAgra Foods Foundation and Feeding America helps provide children with access to nutritious meals, especially in the summer.

  • Ritz Camera files for bankruptcy; to close 128 stores

    New York -- Ritz Camera & Image has filed for Chapter 11 bankruptcy protection. As part of its restructuring, the company, which has 265 stores in 34 states, plans to close 128 locations and cut its staff of 2,000 in half.

    This is the second time Ritz has sought protection under the bankruptcy laws, having emerged from Chapter 11 two years ago.

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