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Supply Chain & Merchandising

  • Report: Lowe’s investing to win customers

    New York -- Lowe's is going on the offensive, and investing in a wide array of initiatives to win shoppers from rival The Home Depot.

    “Everything we did [in the past] was store-centric. Today, we are all about the customer. So, it's about meeting the customer on their terms, no matter how they choose to interact with Lowe's: Whether it is in their room, at their jobsite, on the phone or on the web,” Robert Hull, CFO, Lowe’s, told Reuters.

  • Walgreens’ March sales down

    Deerfield, Ill. — Walgreens posted March sales of $6 billion, a decrease of 4.3%, compared with the same month in fiscal year 2011.

  • Students study sustainability with Safeway

    PLEASANTON, Calif. — Safeway has partnered with the Go Green Initiative, an organization that supports environmental stewardship among schools, families, governments and businesses, to launch the first annual Go Green Glogster Earth Day contest.

  • Increased efficiency coming to middle America and New York

    Target’s ability to replenish stores across a large swath of the central United States is poised to improve in the next two years as the company gains much needed new distribution capacity in Texas and Ohio.

  • Convenience store sales totaled $682 billion in 2011

    New York -- In-store convenience store sales grew 2.4%, reaching a record $195.0 billion in 2011, according to data released Wednesday by NACS (National Association of Convenience Stores). Combined with $486.9 billion in gasoline sales, total convenience store sales in 2011 were $681.9 billion.

    More than 80% of in-store sales are from five categories: cigarettes (38.1% of in-store sales); foodservice (16.9%); packaged beverages (14.3%); beer (7.3%); other tobacco products (4.0%).

  • Walmart supports sustainable cotton

    Walmart has joined Adidas, H&M and Levi’s a member of the Better Cotton Initiative’s Fast Track program to encourage the production and purchase of sustainable cotton. For its part, Walmart will give $650,000 in grant money to help cotton farmers become more efficient and eco-friendly in their production. Read more.

     

     

     

  • Retired Kroger COO joins Acosta board

    JACKSONVILLE, Fla. — Retired Kroger president and COO, Don McGeorge, has joined the board of directors of Acosta Sales & Marketing, a leading full-service sales and marketing agency in the consumer packaged goods (CPG) industry.

    During his time at Kroger, McGeorge was responsible for all of the company’s supermarket divisions, advertising, customer relationship marketing, manufacturing, merchandising and procurement, pharmacy and retail operations until his retirement in 2009. 

  • Taxing Business Problem

    By Tony Burton, [email protected]

    Tax season is upon us and retailers are aiming to get all of their ducks in a row. Yet, there are a number of complicated tax issues that are difficult for retailers to manage and many will be worrying about audits and penalties after they have filed. During an audit, numerous U.S. retailers discover that inaccurate or outdated geolocational data has led them to take too much or too little tax on customer payments or employee withholdings.

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