Supply Chain & Merchandising

ANAHEIM, Calif. -- Pacific Sunwear of California announced that total sales for the fourth quarter of fiscal 2010 were $263 million, a decrease of 10% from total sales of $293 million for the fourth quarter of fiscal 2009. Total company same-store sales decreased 7% during the fourth quarter of fiscal 2010.

The company reported a net loss of $35 million, or 53 cents per share, for the fourth quarter of fiscal 2010 compared with a net loss of $36 million, or 56 cents per share, for the fourth quarter of fiscal 2009. 

Anaheim, Calif. -- Pacific Sunwear of California announced that total sales for the fourth quarter of fiscal 2010 were $263 million, a decrease of 10% from total sales of $293 million for the fourth quarter of fiscal 2009. Total company same-store sales decreased 7% during the fourth quarter of fiscal 2010.

The company reported a net loss of $35 million, or 53 cents per share, for the fourth quarter of fiscal 2010 compared with a net loss of $36 million, or 56 cents per share, for the fourth quarter of fiscal 2009.

SECAUCUS, N.J. -- The Children's Place Retail Stores has announced the appointment of James Bruce Marshall as SVP and managing director international business development, effective March 24. He will report directly to Jane Elfers, president and CEO.

Boca Raton, Fla. -- Office Depot announced Wednesday that it has joined the U.S. Environmental Protection Agency’s list of Energy Star Leaders for reducing its energy consumption by 27.5% across its building portfolio.

Energy Star Leaders is a group of organizations that have improved energy efficiency across all of the facilities in a portfolio.

According to Office Depot, it is the first non-supermarket retailer to be recognized for realizing a greater than 20% reduction.

NEW YORK -- The Deloitte Consumer Spending Index offered some hope that the economy is improving, however consumer spending not likely to reach pre-recession levels anytime soon. The Index, released Monday, rose in February, driven primarily by the slight improvements in real home prices and initial jobless claims, according to the company.

The Index attempts to track consumer cash flow as an indicator of future consumer spending.

Tamasakai, Japan -- Costco Wholesale said Tuesday that two people died when a parking garage collapsed at its warehouse in Tamasakai during the earthquake, according to a report by the Seattle Times.
 
The store sustained significant damage and will remain closed for several months for inspections and repairs, said Costco.

Salisbury, N.C. -- Delhaize America said Monday it plans to convert all of its Bloom stores in North and South Carolina to the Food Lion banner, with the exception of one Bloom store in Mauldin, S.C., that will close.

According to a report by Supermarket News, the 15 Bloom locations in the Charlotte and Greenville, S.C., markets will be converted "as quickly as possible."

Columbus, Ohio -- DSW has announced net income of $18.5 million on net sales of $468.5 million for the fourth quarter ended Jan. 29, compared with net income of $13.4 million on net sales of $402.6 million for the quarter ended Jan. 30, 2010. Same-store sales increased 14.9% for the comparable period versus an increase of 12.9% last year. 

Diluted earnings per share were 41 cents for the fourth quarter of fiscal 2010 compared with diluted earnings per share of 30 cents last year.