Skip to main content

Supply Chain & Merchandising

  • Report: SuperValu to open 160 Save-A-Lot stores in 2011

    New York City -- SuperValu plans to increase the footprint of its value division Save-A-Lot by 160 new stores this year, GlobeSt.com reported.

    “This past year we added 92 net Save-A-Lot stores, and this fiscal year we’re looking to add another 160 net stores,” a spokesman said in the report.

  • Lots of talk, but where’s the action?

    Mike Duke presented at the Barclay’s conference Tuesday, and, as we predicted in last week’s WNN, he did not speak about first-quarter sales, which the company will report on May 17. Instead Duke focused on such broad goals as growth, leverage, but offered little detail on how the company plans to achieve them.

  • JDA Software and Gladson in strategic alliance

    Phoenix -- JDA Software Group and Gladson announced a strategic alliance to provide combined services to their joint customers in the consumer packaged goods industry.

  • OfficeMax Q1 profit falls 53%

    Naperville, Ill. -- OfficeMax said Thursday that its net income dropped 53% in the first quarter.

    Net income fell to $11.9 million from $25.4 million. Revenue fell 2.8% to $1.86 billion, though it beat analysts' estimates

    The company blamed bad weather, store discounts and "an unfavorable product sales mix shift" in the technology department. Revenue from direct sales to business customers fell more steeply than revenue in stores.

  • Wal-Mart shoppers under more pressure

    New York City -- Wal-Mart Stores CEO Mike Duke said rising gas prices are hurting the chain’s main customers, who are having an even harder time stretching their dollars to the next payday than they did a year ago.

    "There's no doubt that rising fuel prices are having an impact on our customers," said Duke at an event that was part of The Wall Street Journal's executive breakfast series,  according to the Associated Press. "There's more pressure."

  • Advance Auto Parts to open at Ashburn Farm Village Center

    Ashburn, Va. -- Jacksonville, Fla.-based Regency Centers said it has leased space at Ashburn Farm Village Center, located in Ashburn, Va., to Advance Auto Parts.

    The new, 7,134-sq.-ft. store is slated to open later this year.

    The 89,000-sq.-ft. shopping center is anchored by Global Foods Market, alongside national retailers such as Hair Cuttery, Pizza Hut and Goodyear.

  • Paster acquires Cahill Plaza

    St. Paul, Minn. -- A partnership between St. Paul, Minn.-based Paster Enterprises and Chicago-based Shiner Capital Partners announced the purchase of Cahill Plaza, located in Inver Grove Heights, Minn.

    Cahill Plaza is a 69,000-sq.-ft. shopping center that is anchored by a 52,017-sq.-ft. Cub Foods and a 6,165-sq.-ft. MGM Liquor. Additional tenants include Great Clips, RR Cleaners, C & A Nails, Edward Jones and Papa Johns.

  • Ikea powers up solar in Brooklyn

    Brooklyn, N.Y. -- One of the largest commercial solar rooftop installations in the five boroughs has gone live. Ikea announced that the solar energy system on its store in Brooklyn, N.Y., now is commissioned, operational and certified by Con Edison and New York City. The 200 kW array occupies 19,000 sq. ft., with four different module types totaling 1,104 panels.

X
This ad will auto-close in 10 seconds