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Distribution

  • Staples swings to Q4 loss on charges; but commercial division on upswing

    Framingham, Mass. – Staples Inc. underwent a difficult fourth quarter of fiscal 2014 as the company swung from a profit to a loss on special charges, faced investor pressure to change its board, sluggish sales and deal with fallout from its plan to acquire its largest competitor.  

  • Gander Mountain expands southwest footprint

    Residents of Texas and Oklahoma will have two more places to buy guns this month when new Gander Mountain Company stores open with huge firearms departments.

    Gander Mountain will open two new locations in Texas and Oklahoma on March 12. The new store in Killeen continues the brand's major expansion into the Texas market and will be the 20th store in the state. The new location in Tulsa marks Gander Mountain's entry into Oklahoma and the 27th state overall.

  • Port dispute, weather slam Conn's deliveries

    The labor dispute at the West Coast ports and harsh winter weather are among the reasons Conn's reported a drop in same store sales for February.

    Conn's said same store sales dropped 5.8% in February, compared to a 14.9% increase in the prior-year period.

  • SpartanNash names ex-Walgreens exec as president

    Grocery distributor and retailer SpartanNash is looking to a former Walgreens executive to help drive growth.

    Derek Jones, currently SpartanNash’s EVP, food distribution, has been promoted to president, wholesale and distribution operations. He will oversee the entire supply chain, including military supply chain operations.

  • SpartanNash promotes CFO to COO

    New York -- Grocery distributor and retailer SpartanNash has promoted Dave Staples, current executive VP and CFO, to COO. Staples will oversee all three operating segments of the company: retail, wholesale and military distribution. He will continue to serve as CFO until his replacement is hired.

    Staples joined SpartanNash in January 2000, serving as the company’s executive VP and CFO since November of 2000

  • GE executive to lead supply chain at Advance Auto Parts

    Advance Auto Parts has appointed a longtime GE executive as it supply chain leader. 

    Todd Greener has been named senior vice president and will lead the company’s supply chain function in its efforts to support Advance Auto Parts stores and customers.

  • AutoZone wins again, extends streak

    Slow and steady is winning the race at AutoZone where the company just notched its 34th consecutive quarter of double digit profit growth and has a stock pricing heading toward $700.

    AutoZone’s sales in the company’s second quarter ended Feb. 14, increased 7.7% to slightly more than $2.1 billion and same store sales increased 3.6%. Net income increased 9.8% to $218 million with an aggressive stock buyback program enabling earnings per share to advance 15.6% to $6.51 cents from $5.63 the prior year and well ahead of analysts’ estimate of $6.38.

  • The Finish Line’s Running Specialty Group acquires four-store, NYC-based JackRabbit Sports

    Denver -- The Running Specialty Group (RSG), a division of The Finish Line, has expanded its presence in the New York City area with the addition of JackRabbit Sports, consisting of four locations. Additionally, JackRabbit owner and founder, Lee Silverman, will join RSG’s leadership team in Denver as senior VP of brand strategy.

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