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  • Great American Group selected as stalking horse bidder for Alco stores

    Los Angeles --Great American Group has been selected as a stalking horse bidder in the potential liquidation of Alco Stores, which operates 198 general merchandise discount stores in 23 states. Great American is a leading provider of asset disposition and auction solutions, advisory and valuation services, capital investment, and real estate advisory services.
  • HanesBrands makes tasty board appointment

    Former Snyder’s-Lance CEO David V. Singer is the newest member of the board of directors at apparel manufacturer HanesBrands.

    Singer, 59, joins the 10 member board through the 2015 annual meeting when directors stand for re-election. He will serve on the company’s audit committee.

  • CVS pushes for ‘tobacco-free pharmacy network’

    CVS Health has confirmed a Wall Street Journal report that it is working to establish a tobacco-free pharmacy network and is looking for tobacco-free pharmacies to participate in the new offering.

    As widely reported, CVS Health’s pharmacy locations are now officially tobacco-free as the company forges ahead on its mission to help shape the future of health care.

  • Report: Sears clerk steals $3.7 million in merchandise

    Hoffman Estates, Ill. –- An inventory clerk at a Sears Holding Corp. distribution center in Logan Township, N.J., has reportedly been arrested for stealing merchandise worth $3.7 million in retail value and selling it for both cash and bartered services to a network of individuals in the tri-state area. According to the New Jersey Star-Ledger, following an investigation by Sears loss prevention officials and local and county police, Kim Watson, 32, was arrested on Friday, Oct. 17.  
  • Online retailer Adore Me grows 300% with Dotcom Distribution

    New York –- Online lingerie retailer Adore Me has achieved 300% year-over-year growth in revenue while using Dotcom Distribution fulfillment and logistics solutions. Adore Me has leveraged Dotcom’s capabilities to adjust to increasing order volume to promote rapid growth and customer satisfaction.  
  • Sleepy’s opens 1,000th store

    Hicksville, N.Y. --Sleepy's announced that with the grand opening of its new location in Joliet, Ill., the privately-owned mattress retailer's store count reached a landmark 1,000 stores. "It is with great pride that we announce our thousandth-store milestone," said Sleepy's president, David Acker. "Sleepy's has been around since 1957, and we are very proud of this latest accomplishment. It won't stop here."
  • Captain Phillips takes on retail supply chains

    Richard Phillips is headlining an upcoming supply chain conference organized by several food trade organizations. If his name doesn’t ring a bell, try Captain Phillips, as in the guy Tom Hanks portrayed in the 2013 movie of the same name.

  • Books-A-Million brews support for troops

    Books-A-Million Inc. is once again accepting Joe Muggs coffee donations for their Coffee for the Troops campaign that will benefit troops serving overseas and stateside.

  • Amazon to hire 80,000 holiday employees

    Seattle – Amazon.com is creating 80,000 seasonal positions across its U.S. network of fulfillment and sortation centers for the 2014 holiday season in order to meet an increase in customer demand. In 2013, Amazon converted thousands of seasonal employees into regular, full-time roles after the holidays, and expects to do the same this year.  
  • Destination Maternity plans Israel expansion

    Philadelphia -- Destination Maternity Corp. will expand into Israel through an international franchise agreement with Israeli fashion retail chain H&O Fashion Ltd. (H&O). Through this relationship, Destination Maternity will introduce its Motherhood Maternity, A Pea in the Pod, and Destination Maternity brands into Israel, with the first franchise locations expected to open in spring 2015.    
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