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Supply Chain & Merchandising

  • Kmart now offering in-store bill-pay service

    HOFFMAN ESTATES, Ill. — Customers who wish to pay their bills in person can now do so at Kmart through the retailers new CheckFreePay walk-in bill payment service from Fiserv. The program is available at all Kmart stores nationwide and accepts bill payment from more than 3,000 companies—everything from electric, gas and cable bills to credit card statements and auto loans.

  • PetSmart solidifies top spot in pet retail with earnings surge

    PHOENIX — Earnings shot up 39% to 85 cents per share to 61 cents per share at PetSmart during the first quarter as the company continues to dominate the pet retail space. Net income totaled $95 million in the first quarter of 2012, compared with $71 million in the first quarter of 2011.

  • Macy’s in deal with online retailer in China

    Cincinnati -- Macy's Inc. will start selling some of its private brand merchandise directly to shoppers in China through a deal with an online retailer there.

    The chain said it will the goods through a Macy’s section on Omei.com, a newly established China-based online retailer of in-season luxury and fashion brands operated by VIPStore Co., a Chinese e-commerce firm and parent company of Omei.com

  • MIZCO International launches line of tablet accessories

    MAVENEL, N.J.  — MIZCO International has introduced an entire line of universal tablet accessories under the company’s DIGIPOWER, iEssentials, and Travelocity brands. All of the new accessories, according to MIZCO president and CEO Albert Mizrahi, are designed to work with both the Apple iPad as well as Android based tablets.
     

  • Zale loss narrows; to close small number of underperforming units

    Dallas -- Zale Corp reported a narrower third-quarter loss on Wednesday.

    Zale’s net loss narrowed by about a half to $4.5 million in the third quarter ended April 30, from $9 million a year ago.

    Revenues for the quarter ended April 30, 2012 rose 8.1% to $445 million, compared with $412 million in the same period last year. Same-store sales increased 8%.

  • Family Express enhances inventory management with Retalix software

    Dallas -- Family Express has improved its inventory management operations significantly by deploying Retalix Ltd.’s demand-driven replenishment solution across its convenience stores in Northwestern Indiana, Retalix said.

  • Colliers: Retailers investing in technology, opening stores and updating existing units

    Seattle -- Retail companies are more able and willing to reinvest in their businesses, as evidenced by sharp increases in 2012 capital expenditure budgets, according to a new white paper released by Colliers International.

  • Brookstone hires former HD exec as president and CEO

    Specialty retailer Brookstone has hired Stephen Bebis as its new president and CEO, effective immediately.

    Prior to joining Brookstone, Bebis spent 14 years as founder, president and CEO of Golf Town, the largest specialty golf retailer in Canada. Starting the business from scratch, Bebis grew Golf Town to 57 locations across Canada and led the expansion of the company into the Boston market last year with seven stores.

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