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Supply Chain & Merchandising

  • Haugarth takes on new role at Supervalu

    MINNEAPOLIS — Supervalu has named Janel Haugarth EVP merchandising and logistics. She will replace Steve Jungmann, formerly EVP merchandising, who is leaving the company effective immediately, the company reported.

    In her new role, Haugarth will be responsible for all merchandising activities across the company’s traditional retail and independent retail businesses. The move consolidates the leadership of all of the company’s merchandising activities, with the exception of Save-A-Lot, under the leadership of a single EVP, Supervalu noted.

  • Ascena Retail Group to roll out Oracle E-Business solution

    Redwood Shores, Calif. -- Ascena, parent company of Dress Barn, Maurices and Justice, said Friday that it has selected Oracle E-Business Suite Financials to streamline financial operations across the company’s growing retail operations.

  • Pier 1 December same-store sales up 10.3%

    FORT WORTH, Texas - Pier 1 Imports' same-store sales rose 10.3% in December, helped in part by more customers and higher average receipts. The company lifted its fourth quarter guidance.

    Pier I used fewer promotions and clearance prices during the month than it did last year, said president and CEO Alex Smith in a statement.

  • Barnes & Noble reports strong holiday

    New York City -- Barnes & Noble said on Thursday that its same-store sales rose 9.7% in the nine week holiday period ended on Jan. 1. It was the chain’s best comparable-store sales performance in more than a decade. Total sales for the period rose 8.2%.

    The company said it significantly exceeded both online and in-store sales forecasts, led by strong consumer demand for Barnes & Noble's Nook brand of eReading products.

  • TJX beats street in December

    TJX reported same-store sales of 2% December, beating Wall Street estimates for a 2.5% decline. Total sales rose 6% to $3 billion.

    "I am extremely pleased with December's sales results, as we significantly exceeded our plans during this important period," TJX CEO Carol Meyrowitz, CEO, TJX.

  • Many retailers fall a bit short in December; Limited and Abercrombie shine in specialty sector

    New York City -- After coming off a strong November, retailers found their momentum waned in December, with many turning in mixed sales for the month. Industry experts said sales were impacted by a still-cautious consumer and the blizzard the crippled the Northeast in the days immediately following Christmas.

    Thomson Reuters, which tracks same-store sales for a group of 28 national chains, said total sales for the group were expected to post a 3.4% increase in same-store sales for December, following a 5.6% bump in November.

  • Rain and snow deal club channel blow

    Costco said its worldwide sales increased 11% to $9.19 billion for the five-week period ended Jan. 2 and total company same-store sales increased 6%. Same-store sales at Costco’s U.S. clubs increased 4%, or 3% if the effect of higher year-over-year fuel prices is excluded. Internationally, same-store sales increased 12%, but that figure was aided by currency exchange rates. Excluding the impact of exchange rates, international same-store sales increased 8%.

  • Wingstop to expand in Mexico

    Richardson, Texas -- Wingstop announced it will add another 20 stores in Mexico over the next three years thanks to an extended development agreement with current international franchisee WIS de Mexico S.A. de C.V.

    Wingstop has more than 475 restaurants open across the United States and Mexico.

    “We are thrilled with our success in Mexico over this past year,” said David Vernon, VP franchise sales for Wingstop.

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