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Supply Chain & Merchandising

  • Cabela’s to deploy SAP point-of-sale application

    Sidney, Neb. -- SAP America Inc., a subsidiary of SAP AG, announced that Cabela’s Inc. has selected the SAP point-of-sale application to support its retail expansion and enhance its customer experience.

    The hunting, fishing and outdoor gear retailer will leverage out-of-the-box functionality inherent in SAP POS to provide increased customer service, as well as system and sales associate efficiency, SAP said.

  • FMI forms partnership with TopSource to provide procurement solutions

    Dallas -- The Food Marketing Institute (FMI) announced that it has entered into a strategic business partnership with TopSource LLC, a sourcing company and wholly owned subsidiary of Topco Associates LLC. FMI said the partnership will provide its members the opportunity to support the foundations of their growing businesses with significant savings related to costs in not-for-resale areas.

  • Ingles Markets sees growth in Q2, first half of fiscal 2012

    ASHEVILLE, N.C. — Net sales for Ingles Markets experienced a spike during the second quarter and first half of fiscal year 2012, the retailer reported Monday.

  • Dick’s Sporting Goods to open 487th store

    Pittsburgh -- Dick's Sporting Goods will open a store in Union, N.J., on May 2.

    The Union location will be the retailer's 16th store in the state of New Jersey and its 487th nationwide.
     

  • Charming Shoppes selects Oracle Retail to drive cross-channel growth, improve inventory management

    Redwood Shores, Calif. -- Charming Shoppes has selected Oracle Retail to drive growth across its multiple platforms and brands. The retailer said it will use Oracle Retail applications to deploy a modern technology platform that helps transform its merchandising supply chain and store operations to reduce the total cost of ownership of hardware, software and support while enabling a better shopping experience for customers across channels and brands.

  • Safeway CEO to analysts: Grocer is not bracing for a buyout

    PLEASANTON, Calif. — Recent events, which have driven Wall Street analysts to speculate that Safeway is a buyout target, are not interrelated, Safeway chairman and CEO Steve Burd assured analysts Thursday morning during the grocer's first-quarter conference call.

  • GE Capital provides credit facility for Le Château

    New York -- GE Capital, Corporate Finance announced it is administrative agent for a $70 million asset-based credit facility for Le Château, a leading Canadian specialty retailer and apparel manufacturer. The loan will be used to refinance existing debt and support working capital needs.

  • VF profit increases 9%

    New York -- VF Corp. said Friday that its first-quarter profit rose 9%, helped by last year’s acquisition of Timberland and global demand for its brands from North Face to Vans.

    Net income rose to $215.2 million, from $200.7 million a year earlier. Revenue was up 31% to $2.56 billion.
     

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