Distribution

Mississauga, Ontario - Walmart Canada has reached agreements to acquire one distribution center, 12 store leases and one owned property formerly held by Target Canada, for an aggregate of approximately $165 million Canadian ($136.3 million).
 

When Target pulled out of Canada, it was widely expected that Walmart would snap up some of Target's locations. But Walmart has decided to acquire only 13 stores, in a deal worth $136 million.

Walmart announced it has reached agreements to acquire one distribution center, 12 store leases and one owned property in Canada. The retailer says it expects to invest another $153 million to renovate the 13 stores and distribution center, bringing Walmart’s total investment to approximately $289 million.

St. Louis -- Schnuck Markets will begin construction of a new estimated $100 million, state-of-the-art distribution center at NorthPark in Kinloch in north St. Louis County. The 915,000-sq.-ft. center is expected to be completed in summer 2016.

New York -- Kohl’s Corp. has rolled out a buy online, pick-up in store service to all Kohl’s stores nationwide, allowing customers to pick up their orders within hours at their local Kohl’s store.

Supply chain disruptions from the West Coast port labor dispute and tighter underwriting for its in-house consumer credit curbed same-store sales at Conn’s in the first quarter.

Kohl's shoppers have responded so well to store pickup for online orders that the retailer is rolling out the service to all 1,164 of its stores in the United States.

Shedding light on how Walmart plans to achieve digital and physical balance in its supply chain this week was Tracy Rosser, the retailer’s senior vice president of transportation and supply chain.

Speaking at an Institute for Supply Management conference in Phoenix, Rosser elaborate on Walmart’s plans to blend its traditional pallet drive supply chain focused on serving large format stores with new distribution challenges driven by shoppers evolving fulfillment expectations. T

Toronto -- Canadian Tire Corp. has concluded an agreement to acquire 12 real estate leases formerly held by Target Canada for $17.7 million. The transaction is subject to the approval of the court in connection with Target Canada's CCAA proceedings.

Ann Arbor, Mich. - Domino's Pizza has opened in its third new market so far in 2015, as the first Domino's store in the Republic of Georgia opened the capital city of Tbilisi. Domino's Pizza in Georgia is a joint venture between Turkven, Domino's master franchisee in Turkey, and Geo Pizza LLC, led by CEO Tea Shengelia.

Commerce, Calif. -- Smart & Final Stores Inc. reported earnings of $4.9 million in its first quarter, compared with a profit of $2.5 million last year. Revenue for the period ended March 22 rose 11.9% to $822.2 million. Same-store sales climbed 6.1%.

"The year is off to a strong start, with Smart & Final Stores delivering against our business plans and financial objectives," said Dave Hirz, president and CEO.