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Supply Chain & Merchandising

  • U.S. retail sales rose in February by most in five months

    Washington, D.C. -- A report released Tuesday by the Commerce Department said that retail sales in the United States rose 1.1% in February, the most in five months.

    The advance matched Bloomberg estimates and followed on the heels of a 0.6% increase in January that was larger than anticipated.

  • Retail sales continue to grow in 2012

    WASHINGTON — Retail sales continue to rise for 2012 as the U.S. Census Bureau reported results of February sales on Tuesday.

    U.S. retail and food services sales for February, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $407.8 billion, an increase of 1.1% from the previous month and 6.5% above the year-ago period. Retail trade sales were up 1.1% from last month and 6.3% above last year.

  • Kroger puts former PetSmart exec in sustainability position

    Cincinnati -- Kroger announced Tuesday that it has named Suzanne Lindsay as its director of sustainability.

    In the newly created position, Lindsay — who previously created and led sustainability initiatives at PetSmart — will lead Kroger's internal sustainability initiatives and will lead the company's sustainability leadership team.

  • Safeway announces management change in Seattle Division

    Pleasanton, Calif. -- Safeway Inc. said Tuesday that Steve Frisby, president of its Portland division, will assume added responsibility for the company's Seattle division.

    Frisby replaces Greg Sparks, who is leaving to pursue another business opportunity.

  • Former PetSmart exec to fill new sustainability role at Kroger

    CINCINNATI — Sustainability is a core part of most retailers' strategies, but unless you have someone to lead the charge, those efforts can fall by the wayside. Kroger has taken steps to ensure its sustainable initiatives are met by hiring Suzanne Lindsay to fill the new role of director of sustainability. Lindsay will direct Kroger's internal sustainability initiatives and will lead the company's sustainability leadership team.

  • Urban Outfitters misses in Q4, plans 55-60 new stores in 2013

    Philadelphia -- Urban Outfitters Inc. reported Monday that profit for the fourth quarter fell to $39.3 million, from $75.2 million a year earlier. Sales rose 9% to $730.6 million, missing Wall Street’s expected $740 million in revenue.

    The operator of Anthropologie, Free People and Urban Outfitters stores said heavy discounting over the holidays took a big toll on margins; in fact, margins have declined for at least five quarters as the retailer has made major markdowns to clear out slow-moving merchandise.

  • Soaring profits give Hibbett confidence to grow

    BIRMINGHAM, Ala. — Hibbett Sports Inc. saw its profit for the quarter ended Jan. 28 jump 27% to $15.8 million, compared with $12.5 million in the year-ago period.

     Revenue increased 10% to $190.7 million from $173.2 million, missing Wall Street’s expected $192.2 million in revenue. Same-store sales rose 7.2%.

    For the full year, Hibbett reported net income of $59.1 million, up from $46.4 million last year. Revenue rose to $732.6 million, from $665 million.

  • Taking the customer-centric journey

    By Steven Boon, [email protected]

    As retailers strive to be competitive in the current economic environment, many are considering the use of new software solutions to more effectively identify their customers’ wants and desires – and better determine what products they need to have on their store shelves to maximize sales and minimize wastage.

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