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Supply Chain & Merchandising

  • Build-A-Bear Workshop swings to Q1 loss

    St. Louis -- Build-A-Bear Workshop lost $2.3 million in the first quarter, compared with a profit of $1.7 million in the prior-year period.

    The retailer reported revenue of $96 million for the 13 weeks ended April 2, down 5% from $101.4 million a year earlier. Same-store sales were down 9%.

    The company said the quarter’s results were adversely impacted by the shift of the Easter holiday and associated school vacations, which moved into the second quarter this year.

  • Weis Markets selects Retalix to reduce out-of-stocks

    Dallas -- Weiss Markets has selected Retalix's Demand-Driven Replenishment solution to optimize its overall in-stock position and reduce excess inventory and out-of-stocks in its stores.

    “We wanted a system that could provide demand-based forecasting and replenishment and assist us in optimizing our inventory. Retalix's Demand-Driven Replenishment solution was the ideal fit," said Bob Mawyer, VP of information technology at Weis Markets, Sunbury, Pa., which operates 164 stores.

  • CBL and TIAA-CREF in $1.09 billion real estate joint venture

    New York City -- TIAA-CREF, a national financial services organization and a provider of retirement services for educators, and CBL & Associates Properties have formed a $1.09 billion real estate joint venture to invest in market-dominant shopping malls.

    TIAA-CREF will invest in four of CBL’s shopping malls: Oakland Park Mall, Kansas City, Ks.; West County Center, St. Louis; CoolSprings Galleria, Nashville; and Pearland Town Center, Pearland, Texas.

  • Whole Foods now selling friendlier meat

    AUSTIN, Texas — Whole Foods Market announced that all fresh beef, pork and chicken sold in its U.S. stores is now certified under the 5-Step Animal Welfare Rating system.

  • DemandTec and Tops Markets renew agreement

    San Francisco -- DemandTec announced that Tops Markets has renewed its subscription to multiple DemandTec pricing and promotion software services on the network.

    A customer since 2008, Tops leverages DemandTec services across core merchandising and marketing functions that touch pricing, promotion, and collaborative deal management processes.

  • CVS publishes Corporate Social Responsibility Report

    Woonsocket, R.I. -- CVS Caremark released its 2010 Corporate Social Responsibility (CSR) Report, which provides an overview of the company's commitments to environmental stewardship, improving patient health outcomes, ensuring its continued status as an employer of choice, and positively impacting people's lives through its social investments.

  • FMI report: Shoppers continue to tighten their belts

    New York City -- Rising fuel costs, higher commodity prices and increasing international market demand for food are pushing food inflation higher and higher, according to the Food Marketing Institute’s U.S. Grocery Shopper Trends report released Tuesday.

  • Zale names chief administrative officer

    Dallas -- Zale Corp. announced the company’s CFO, Matt Appel, has been appointed as chief administrative officer. He will continue to serve as CFO.

    Appel will be responsible for real estate, supply chain and logistics, merchandise planning and allocation, information technology, warranty, repair and credit products, as well as the ongoing management of Zale’s finance and control functions.

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