Supply Chain & Merchandising

Norwalk, Conn. -- Michaels Stores and procurement management firm LogicSource announced a five-year agreement under which LogicSource will provide print procurement and related services to Michaels. More than $250 million of print and promotional spend will be covered over the life of the contract.
 

New York City -- Fits.me Virtual Fitting Room, a bio-robotic virtual fitting room for e-commerce apparel websites, announces its launch with Barbour By Mail, the official U.K. online partner of  lifestyle clothing brand Barbour. Barbour By Mail’s dedicated website is now offering its online shoppers the ultimate customer service -- providing a fitting room to ease the challenge of purchasing clothes that fit.

SAN FRANCISCO — Gap Inc. announced that it has released its fifth social and environmental responsibility report, a comprehensive update on its supply chain operations, environmental programs and community investment efforts from 2009 to 2010.

GRAPEVINE, Texas — GameStop reported a same-store sales decline of 9.1% for the second quarter on slow hardware sales and a lighter software slate than the prior year quarter. Despite the poor performance in new hardware and software, the company said pre-owned sales were strong for the quarter.

Total sales for the second quarter of 2011 were $1.74 billion, a decrease of 3.1% compared to $1.80 billion in the prior year quarter. 

The trend of fewer people shopping Walmart stores less often has hurt the company’s efforts to revitalize U.S. sales growth, and now it the appears trip consolidation trend is playing out internationally as well.