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Supply Chain & Merchandising

  • Retail sales solid in September

    New York City -- Despite ongoing concerns about the economy, retailers fared surprisingly well in September, helped by the tail end of back-to-school shopping and cooler temperatures.

  • Humana, Walmart offer Medicare Part D prescription drug plan

    LOUISVILLE, Ky. — Humana will offer Medicare Part D beneficiaries a prescription drug plan co-branded with Wal-Mart Stores, the two companies said earlier this week.

    The plan, originally launched in 2010, will be launched again for 2012 and will include savings on monthly plan premiums, prescription drug copayments and cost-shares for beneficiaries.

  • Discounters post strong results in September

    New York City -- Costco Wholesale Corp. turned in a strong September performance, recording a 12% rise in same-store sales for the month.

    Target Corp., helped by strong sales of groceries, beauty products and clothing, saw September same-store sales rise 5.3%. Sales for the period rose 6.5% to $5.9 billion.

  • Bebe sales up in Q1, will open 30 stores this year

    Brisbane, Calif. -- Bebe Stores reported Thursday that revenue for the quarter ended Oct. 1 rose 7.1% to $116 million, missing Wall Street’s expected $124.1 million in sales.

    Same-store sales for the quarter rose 7%.

    The apparel retailer said it is focused on international growth and expects its international licensees will grow by up to 30 freestanding stores and 30 shops inside department stores in the fiscal year.

  • Village Super Market Q4 adjusted profit rises

    Springfield, N.J. -- Village Super Market, which operates 28 supermarkets under the Shop Rite name in the Northeast, reported Thursday that net income for the fourth quarter was $8.8 million, an increase of 14% after backing out the extra week in last year’s fourth quarter.

    Without the adjustment, net income fell from $8.9 million a year earlier.

    Revenue rose nearly 1% to $345 million from $342.7 million. After excluding the extra week, revenue increased nearly 8%. Same-store sales rose nearly 8% excluding the extra week.

  • Tompkins survey: Economic weakness and low consumer confidence biggest threats to holiday success

    Raleigh, N.C. -- Economic weakness and low consumer confidence, combined with vendor capacity/reliability, are the top threats to business success this peak season, according to a recent Peak Season Trends and Strategies Survey Report by Tompkins Supply Chain Consortium.

  • Jones Lang LaSalle makes southeast leasing hires

    Atlanta -- Jones Lang LaSalle announced Wednesday two new hires in the Southeast Region.

    Andrea Kenney and John Lambert have joined the firm to provide strategic planning and evaluation of the positioning, merchandising and development of shopping centers as owners continue to look for ways to enhance their real estate operations and maximize tenancy.

  • Front-end sales strong at Walgreens

    DEERFIELD, Ill. — Walgreens on Wednesday reported September sales of $6 billion, an increase of 5.4%. Sales in comparable stores increased 3.1%. The effect of calendar day shifts negatively impacted total comparable sales by 10 basis points.

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