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  • Claire’s Stores Q3 disappoints


    Chicago – Claire’s Stores Inc. had a disappointing third quarter, slightly increasing its net loss to $26.82 million from $25.47 million. A variety of expenses continued to outweigh Claire’s gross profit.

  • Amazon 8.0 now online

    In a move to showcase its advanced shipping capabilities to holiday shoppers Amazon.com is touting the finer points of its eighth generation fulfillment centers.

    The online giant said its eighth generation fulfillment centers embody two decades worth of software and mechanical innovations including extensive robotics technology from Kiva Systems, a company Amazon acquired several years ago.

  • Staples makes shipping easier, cheaper

    Framingham, Mass. – Staples Inc. aims to make shipping both cheaper and easier for frazzled shoppers this holiday season. Staples is offering 20% off shipping services through Dec. 23 with coupon, and an expanded selection of packaging and shipping supplies.

  • Report – Rise of the robots at Amazon

    Seattle – The robots are coming to Amazon.com. According to the Associated Press, the online giant has deployed more than 15,000 wheeled robots in its distribution centers. The robots help bring items off shelves and out of bins to human employees for faster picking and packing.

  • Report – Wal-Mart to eliminate 250 China jobs, open nine new stores in China

    Bentonville, Ark. – Wal-Mart reportedly plans to improve efficiency in its China operation by eliminating 250 jobs, and also open nine new stores and a new distribution center in China by the end of 2014. According to Bloomberg, the positions that will be cut are mostly marketing and merchandising roles, along with some cuts in departments including tax and asset protection.

  • Home Depot to buy hardware unit

    Home Depot has agreed to buy the hardware business unit of HD Supply Holdings Inc., the industrial distributor that was once part of the home-improvement retailer and has since been a longtime partner.

    "Our companies have had a long-standing relationship," said Craig Menear, CEO and presiden of Home Depot. "By formally bringing the business into the Home Depot family, we expect to further enhance our supply chain capabilities and hardware product offerings."

  • Home Depot to buy HD Supply hardware wholesaler

    Atlanta - The Home Depot has reached an agreement to purchase HD Supply Hardware Solutions, formerly known as Crown Bolt, a wholesale hardware supplier. The transaction is expected to close by the end of fiscal year 2014 subject to obtaining customary regulatory approvals.

    The Home Depot is HD Supply’s largest customer and accounts for about 98% of its annual sales. Terms of the deal were not disclosed.

  • Amazon deploys robot armies in new-gen fullfillment centers

    Seattle  - Santa may have his elves, but Amazon.com has something better to help send holiday gifts on their way: a robot army. The online giant has deployed more than 15,000  robots in 10 next-generation fulfillment centers it has opened across the United States.  

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