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Supply Chain & Merchandising

  • Discounters and department stores turn in mixed results for December

    New York City -- The nation’s discounters and department store retailers turned in mixed results for December, with many chains citing unseasonably warm weather that sapped demand for cold-weather merchandise.

    “Cold-weather categories, which are highly profitable and represent approximately 25% of our business in December, were down mid-teens on a percentage basis,” said Tony Buccina, vice chairman, president – merchandising, The Bon-Ton Stores, whose December same-store sales fell 0.7%. The company widened its loss forecast.

  • Walgreens and Rite Aid report rise in December same-store sales

    New York City -- Walgreen Co. said Thursday that its same-store sales increased 0.4 percent in December, beating analysts' estimates for a decline of 0.1%.

    Front-end sales were up 0.6%. Same-store pharmacy sales, which make up nearly 60% of total sales, rose 0.2%. Walgreen said those sales were hurt by more launches of generic drugs, as well as a milder season for coughs, colds and the flu.

    Rite Aid Corp. said Thursday its December same-store sales rose 3.6%, boosted by higher pharmacy sales.

  • A&P chooses Galleria to optimize its merchandising strategy

    Chicago -- Galleria Retail Technology Solutions, a provider of retail and category optimization solutions, announced that The Great Atlantic & Pacific Tea Co. has chosen Galleria to help optimize its merchandising strategy and improve the customer experience within its more than 300 northeast and Mid-Atlantic stores.

    A&P will roll out several of Galleria’s solutions throughout its family of supermarkets.
     

  • Walgreens December sales reported against an Express Scripts backdrop

    DEERFIELD, Ill. — Walgreens on Thursday reported an approximate 150 basis-point negative impact on prescriptions filled based on prescription transfers, and other trend analysis of prescriptions managed by Express Scripts, as the chain posted its first monthly earning statement following the discontinuation of Walgreens relationship with Express Scripts. That represents an increase from a 110 basis-point impact in November, but falls short of the 200 basis-point impact projected by Credit Suisse research analyst Ed Kelly earlier this week.

  • Macy's to focus on key markets in 2012

    NEW YORK — Macy’s Inc. announced a strategic plan on Wednesday to open new stores in select markets as well as to close a series of underperforming units. As part of the plan, five Macy’s department stores will be shuttered in spring 2012 – in Topeka, Kan.; Laurel, Md.; Parma, Ohio; Antioch, Tenn.; and Texas City, Texas. Five new Macy’s stores will open in 2012 and 2013.

  • Sales increase 11.3% in December at Pier I Imports

    Fort Worth, Texas -- Pier 1 Imports Inc. said Thursday its same-store sales climbed 11.3% in December, driven by a greater number of shoppers who spent more on each visit. The gain topped the 10.3% rise in the same month a year ago.

    The chain said sales remained strong throughout the month, including the week after Christmas, in every region.

  • CenturyLink provides high-speed data and voice network for True Religion

    Denver -- CenturyLink announced it has turned up a new high-speed data and voice network for True Religion. The premium denim jeans company's headquarters l in Vernon, Calif., is now securely interconnected with its 110 domestic retail stores and international retail stores or showrooms in Canada, England, Italy and Hong Kong.

  • K-VA-T Food Stores partners with Revionics for price optimization

    Roseville, Calif. -- Retail life cycle price optimization solution-provider Revionics said it has partnered with K-VA-T Food Stores for a price optimization solution.

    K-VA-T will deploy Revionics  Price Optimization and Revionics Promotion Optimization, which includes Revionics' category planning tools, weekly price maintenance capabilities and optimized prices across all pricing zones, each week.  

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