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Supply Chain & Merchandising

  • Hudson’s Bay completes acquisition of Lord & Taylor

    New York City -- Hudson’s Bay Co. has completed the acquisition of Lord & Taylor, according to a report by Women’s Wear Daily.

    The report said that HBC owner Richard Baker has dissolved the umbrella company that had until now held the two chains, and that HBC would now operate The Bay and Lord & Taylor. The new entity will be run by Bay CEO Bonnie Brooks, according to the report.

  • There's no whining in retail

    A letter that surfaced last week from Target executives to the company’s suppliers brought back memories of Tom Hanks signature line from the movie A League of Their Own about how there is no crying in baseball.

  • Weis Markets joins SmartWay Transport Partnership

    SUNBURY, Pa. — Weis Markets on Monday announced it has joined the SmartWay Transport Partnership, a U.S. Environmental Protection Agency program, that will help the grocer assess the environmental and energy efficiency of the trucks supplying its 161 stores.

  • Hy-Vee launches mobile app

    West Des Moines, Iowa -- Hy-Vee has launched a mobile app for customers to make shopping easier, faster and more social.

    The smartphone app offers a number of interactive features to help customers with meal planning and preparation, gain access to store and pharmacy information and more.

  • Weis Markets joins EPA’s SmartWay Transport Partnership

    Sunbury, Pa. — Weis Markets on Monday announced it has joined the U.S. Environmental Protection Agency’s SmartWay Transport Partnership, a program, that will help the grocer assess the environmental and energy efficiency of the trucks supplying its 161 stores.

  • No sale: credit card portfolio put on hold

    One thing merchants know about markdowns is they are best taken early and at a modest level to stimulate sales as opposed clinging too long to the belief goods will sell at full price only to realize steeper cuts are needed. Apparently this philosophy doesn’t apply in the financial services world where Target has temporarily suspended the sale of its credit card receivables portfolio on better terms.

  • Descartes acquires GeoMicro

    Waterloo, Ontario -- Descartes Systems Group, a provider in logistics technology, acquired GeoMicro, a California-based provider of advanced geographic information systems (GIS) and commercial turn-by-turn navigation.

  • Family Dollar on track for 450 to 500 stores this year

    New York City -- Family Dollar plans to continue aggressive growth in the current fiscal year, with 450 to 500 new stores on tap, CEO Howard Levine said at the company's annual shareholder meeting Thursday, The Charlotte Observer reported.

    The discounter also plans to open its 11th distribution center this year, to serve its stores in California where it has started expanding, the report said.

    Levine said Family Dollar will continue its store renovation program, making over another 1,000 locations.

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