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  • Same store sales rise at Costco in May

    Costco reported a bump in U.S. same store sales for the month of May, but international comps declined.

  • Five Below profit rises in Q1; plans 155 new stores

    Philadelphia – Five Below Inc. reported healthy profit and sales gains in the first quarter of fiscal 2015 and is planning to open 155 stores in the next two fiscal years. The retailer’s net income totaled $4.28 million, up 39% from $3.08 million a year earlier.

    Higher gross profit and the elimination of debt extinguishment loss helped Five Below reach above in net income. Five Below plans to open 70 stores and enter six new states in 2015, and plans 85 openings for 2016.

  • Report: Best Buy CEO still believes in brick-and-mortar

    The CEO of Best Buy says brick-and-mortar stores are absolutely vital to beating Amazon.com and other retail rivals.

    According to MPR News, Best Buy CEO Hubert Joly told students at the University of Minnesota that "the chain's roughly 1,400 U.S. stores allow the retailer to demonstrate new products for customers and deliver the goods faster than Internet-only merchants."

    Read more by clicking here.

  • Von Maur beefs up DC with new material handling system

    Atlanta -- Von Maur Department Stores has completed the installation of a new shipping and receiving material handling system in Von Maur's distribution center in Davenport, Iowa.

  • Five Below still poised for expansion

    Five Below reported an increase in same store sales and profit for the first quarter in the same week the company opened a new distribution center to support its expansion plans. 

  • A Package Deal

    When it comes to transportation and logistics management considerations, the retail industry is a completely different beast. From strict deadlines and razor thin margins to challenges dealing with “reverse logistics,” complex dynamics exist between retailers, manufacturers/suppliers and transportation carriers that present unique challenges for getting inventory from Point A to Point B (and sometimes back again).

  • Amazon offers free shipping for light items

    Seattle - Amazon.com continues tweaking its shipping policies. A week after offering free same-day delivery for members of its Amazon Prime loyalty program in select cities, the retailer is now offering all customers free shipping on lightweight items in a program called Fulfillment by Amazon Small and Light.

    The eligible goods include cosmetics and mobile phone accessories. There is no minimum purchase requirement, and membership in Amazon Prime, which offers free shipping on all purchases, is not required.

  • Verizon stresses supply chain IT security

    New York – When it comes to supply chain security, most retailers are diligent about things like locking up warehouses and vehicles. But when it comes to securing technology used to manage supply chain operations, retailer diligence often trails off.

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