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  • Digital driving growth at Belk department stores

    Online sales at regional department store operator Belk grew 43% during the second quarter, prompting the company to announce a major investment in its e-commerce and fulfillment capabilities.

  • Improvement not imminent at Gordmans

    Gordmans Stores new CEO Andy Hall is looking to execute a turnaround at the off price department store chain where weak sales trends and losses indicate he is in for a big challenge.
     

  • ABG launches new Juicy Couture platform

    Los Angeles – Authentic Brands Group LLC (ABG), owner of the Juicy Couture brand, is launching a new multiyear partnership to expand the scope of e-commerce services for Juicy Couture, with Onestop Internet, a full-spectrum e-commerce solution provider.

  • Outside the Box Logistics

    By definition, successful retailers are very good at logistics.    

    “Compared with other industries, retailers are a benchmark of logistical efficiency for moving items through their distribution channels and on to shelves in a timely way,” said Jim Griffin, senior VP sales, PODS, whose detached delivery system allows placement of containers in tough-to-reach and hard-to-fit locations.
        
    Griffin spoke with Chain Store Age about how logistics efficiency can add to a retailer’s bottom line.
        
    What are some of the most

  • RILA president addresses West Coast ports stalemate

    Sandy Kennedy, president of the Retail Industry Leaders Association (RILA), has offered her two cents on the standoff surrounding the union negotiations at the West Coast ports.

    Kennedy addressed a letter to the heads of the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU), speaking on behalf of retailers who are experiencing uncertainty and instability over the ongoing conflict.

  • RILA president urges resolution to West Coast ports contract disput

    Arlington, Va. -- The president of the Retail Industry Leaders Association, Sandy Kennedy, has sent a letter to the heads of the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) urging them to remain focused on securing a new, long-term contract in the immediate future to ensure stability at the west coast ports. The letter reflects the growing angst among the retail community over the lack of a new agreement.

  • Panjiva: U.S. imports up in July

    New York - Imports to the U.S. were up in July from June, and there was a measurable year-over-year increase. According to a new report from supply chain research firm Panjiva, July 2014 showed levels of imports 2% higher than imports in July 2013.

  • Burger King in talks to buy Tim Hortons and move HQ to Canada

    New York -- Burger King Worldwide is in discussions to buy Canadian coffee and doughnut chain Tim Hortons. The two companies said in a joint statement on Monday that the new publicly listed entity would be based in Canada. The move comes as the White House is calling on Congress to take steps to prevent U.S. companies from moving outside the country (“tax inversions”).

    The two restaurant companies are currently worth a combined total of about $18 billion, according to media reports.

  • Bain Capital buys 50% stake in Toms; brand looks to expand

    New York -- Toms, the footwear company best known for donating a pair of shoes to a child in need for every pair it sells, has sold a 50% stake in its company to private equity giant Bain Capital LLC. The investment will help Toms expand its distribution in Europe, Asia and in the United States, including increasing its store count from its current two locations.

    The investment reportedly values Toms at about $625 million, including debt. Blake Mycoskie, who founded Toms in 2006, will retain a 50% stake and remain at the helm.

  • Sears Canada opens new fulfillment center in Calgary

    Calgary, Alberta, Canada -- Sears Canada Inc. announced the opening of a new 240,000-sq.-ft. fulfillment center located in Calgary, Alberta.

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