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Supply Chain & Merchandising

  • Ikea pledges sustainability at climate event

    CONSHOHOCKEN, Pa. — Ikea demonstrated the retail industry's commitment to the environment and sustainability by taking part in Climate Week, which is taking place in New York City this week. Ikea U.S. president Mike Ward was part of a 6-person sustainability panel held at 7 World Trade Center on Sept 19. Others on the panel included NYC mayor Michael Bloomberg and former British prime minister Tony Blair.

  • SAP to acquire Crossgate

    New York City -- SAP announced it will acquire business-to-business (B2B) integration provider Crossgate, Munich. A leading provider of hosted B2B integration services, Crossgate enables companies to fully integrate and network with trading partners, clients and suppliers, allowing electronic data exchange with any business partner regardless of their technical capability.

  • Walmart to launch global e-commerce empowerment solution for women

    New York City -- Walmart plans to launch a dedicated page on Walmart.com that will feature an assortment of products created by women in nearly two dozen countries, including women who work in cooperatives and own small businesses. Scheduled to be available in spring 2012, products will include jewelry from Guatemala, Thailand and Ethiopia; coffee from Central and South America; and dresses from Kenya.

  • ShopperTrak predicts 3% increase in holiday sales

    Chicago -- Retail sales will rise 3% percent during November and December compared to the year-ago period, but foot traffic will decrease 2.2%, according to ShopperTrak.

    ShopperTrak's holiday sales increase prediction follows 19 consecutive months of year-over-year U.S. retail sales growth. The expected increase is moderate compared with the 2010 holiday season's 4.1% sales increase over 2009.

  • AutoZone revs up 4Q sales, earnings

    MEMPHIS, Tenn. — Same-store sales growth and a number of new store opening helped Autozone deliver another impressive quarter, while helping the company maintain its position as a leading automotive parts retailer for both everyday consumers and professionals.

    Autozone reported net sales of $2.6 billion for its fourth quarter ended Aug. 27, an increase of 8.1% from the fourth quarter of fiscal 2010. Domestic same-store sales increased 4.5% for the quarter.

  • Duane Reade partners with Smith Electric Vehicles in EV pilot

    New York City -- Duane Reade said Monday it has added Smith Electric Vehicles' Newton zero-emission, all-electric commercial trucks to its delivery fleet.

    With the addition of these medium-duty trucks, Duane Reade is the first retail pharmacy in the United States to choose fleet electrification through a pilot program with Smith Electric Vehicles, a global supplier of zero-emission, all-electric commercial vehicles.

  • Aaron’s selects Lucernex for store life cycle management solution

    Dallas -- Lucernex Technologies said Tuesday that Aaron’s has selected Lucernex’s Lx Retail to manage its over 1,800 stores in 48 states and Canada.

    “After evaluating our operational requirements, we realized that we needed more than just a replacement for our legacy lease administration system.  We needed an integrated approach to managing our real estate. Lucernex offers a solution that will allow us to manage the entire store life cycle in one database and on one platform,” said senior VP real estate, Paul Doize.

  • 7-Eleven to acquire 28 Pacific Convenience locations, will remodel/rebrand all

    Dallas -- 7-Eleven is acquiring the retail interests of 28 locations owned by Pacific Convenience & Fuels LLC.

    The acquisition includes sites in California, Oregon, Washington and Colorado, and is slated to close in fourth quarter 2011. Terms of the transaction have not been disclosed.

    All of the locations will be rebranded as 7-Eleven and will retain the Conoco-Phillips/76 gasoline brands.

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