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  • PriceSmart to open two stores in Colombia

    San Diego – On Jan. 30, 2014, PriceSmart, Inc. acquired approximately 147,000 usable sq. ft. of land in the city of Medellin, Colombia, and leased approximately 126,000 usable sq. ft. of land in the city of Bogota, Colombia, upon which the company plans to construct two new warehouse club stores. These two warehouse clubs are currently planned to open before the end of calendar year 2014.

  • Roundy’s to make public offering of common stock

    Milwaukee – Roundy’s, Inc. will be offering 2,948,113 shares of its common stock, and certain selling stockholders will be offering 5,896,226 shares of the company’s common stock. The underwriters will be granted a 30-day option to purchase up to an additional 1,326,650 shares of common stock from the selling stockholders, all at the offering price less the underwriting discount.

  • Accenture: More shoppers to purchase in-store

    New York -- Even as online shopping continues to grow, more U.S. shoppers are planning to make purchases from physical stores in 2014, according to a survey by Accenture. In the “seamless retailing” study, 21% of U.S. shoppers said they plan to increase their in-store purchasing, up from just 9% in last year’s study.

  • The omnichannel imperative for manufacturers

    Our industry has talked so much about omnichannel that it seems only the “aha” gets our attention anymore. Here’s the problem: Our talk is well ahead of our ability to execute. And execution is what matters.

    Omnichannel isn’t sexy. It’s not about “Wow.” It’s about making it easier for people accustomed to an anything-anytime-anywhere world to do business with us. That’s primarily a question of organization, commitment and execution, for manufacturers as well as retailers.

  • WinCo to make debut in Texas

    WinCo Foods plans to open its first discount supermarkets in Texas at 8 a.m. Thursday, Feb. 6. The 95,000-sq.-ft. stores will feature the company’s newest décor which highlights its project offering.

    The Ft. Worth store, located at 8000 Crowley Lane, will initially employ approximately 180 individuals, 170 of whom are local hires, and the McKinney store, located at 1800 N. Graves St., will open with approximately 170 employees, 160 of whom are local hires.

  • Susser completes Sac-n-Pac acquisition

    Houston -- Susser Holdings Corporation and Susser Petroleum Partners LP have closed their previously announced acquisition of the convenience store assets and fuel distribution contracts of Sac-n-Pac Stores, Inc. and 3W Warren Fuels, Ltd.

  • Former Walmart exec joins supply chain group

    Gary Maxwell has joined the Supply Chain Management Research Center as an executive in residence.

    Maxwell retired from Walmart last year after serving as SVP of the global business process team. He held a variety of senior supply chain and logistics roles at Walmart after joining the company in 1999 from the now defunct regional discount chain Caldor. Since his retirement, Maxwell launched Maxwell Value Chain, to provide replenishment and supply chain services to retail suppliers.

  • Samuel Adams’ Rebel IPA hits stores nationwide

    Samuel Adams is ready to share Rebel IPA with drinkers across the nation. The IPA offers consumers citrus aromas along with piney, resinous notes that come from West Coast hops.

    Rebel IPA was one of the first beers to be developed in the Samuel Adams nanobrewery, a small batch, 10-gallon brewery system that operates within the confines of the Samuel Adams Boston Brewery.

  • Hershey regains “candy king” title

    Solid volume growth and new product sales in North America helped The Hershey Company regain its category leadership position in the candy, mint and gum business with a 30.1% market share.

    The company synonymous with chocolate said its fourth quarter sales increased 11.7% to nearly $2 billion and that sales in North America slightly exceeded expectations due to a solid holiday season.

  • Do It Best names new VP of retail logistics

    Fort Wayne, Ind. -- Do it Best Corp. announced that VP of retail logistics John Snider will retire, effective June 30, 2014. The company’s VP of marketing, Tim Miller, will move into the role.

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