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  • Abercrombie & Fitch strengthens supply chain strategy

    Abercrombie & Fitch has extended its contract with GT Nexus to expand its cloud supply chain strategy and improve visibility into the movement of orders, payments and goods. 

    Since 2010, the company has used the GT Nexus platform to support international sourcing and supplier collaboration.

    Abercrombie & Fitch operates 1,053 apparel stores in 20 countries across four unique lifestyle brands: Abercrombie & Fitch, Abercrombie Kids, Hollister Co. and Gilly Hicks. The retailer operates distinct e-commerce sites for each of the four brands. 

  • Five Below more than doubles Q2 profit; on track to open 60 stores

    Philadelphia -- Five Below saw net income surge to $4.1 million for the quarter ended August 3, up from $1.2 million in the year-ago period. Sales climbed 34.9% to $117.1 million from $86.8 million, and same-store sales increased 6.6%. The company had, by the quarter’s end, opened 32 of its previously announced 60 new stores on tap for 2013.

  • Pep Boys acquires 17 L.A.-area Discount Tire Centers

    Philadelphia – The Pep Boys - Manny, Moe & Jack has acquired 17 Discount Tire Centers in Southern California from AKH Co. These 17 stores are located throughout the greater Los Angeles market, from Bakersfield to Orange County.

  • NRF: Retail import volume grows ahead of holidays

    Washington, D.C. - Import volume at the nation’s major retail container ports is expected to grow 5.1% in September over the same month last year as retailers head into the holiday season. U.S. ports followed by the monthly Global Port Tracker report, released today by the National Retail Federation and Hackett Associates, handled 1.43 million Twenty-Foot Equivalent Units (TEUs) in July, the latest month for which after-the-fact numbers are available.

  • Pep Boys expands footprint in So-Cal

    PHILADELPHIA — Leading automotive aftermarket service and retail chain the Pep Boys has acquired 17 discount tire centers in Southern California from AKH Company, Inc.

    The tire centers are located throughout the greater Los Angeles market, from Bakersfield to Orange County. They will re-open on September 12 under the Pep Boys banner and provide full-service vehicle maintenance and repair, including brand-name and private-label replacement tires.

  • Former Clorox exec appointed to natural health and wellness board

    Nature's Sunshine Products, a leading natural health and wellness company, has appointed former Clorox executive Beth Springer, to the company's board of directors.

    "We are excited to welcome Beth Springer to our board of directors," said Gregory L. Probert, Nature's Sunshine chairman and CEO. "Beth brings significant, broad operational and financial experience to Nature's Sunshine and the board that I know will benefit the company and its shareholders. We look forward to her guidance and strategic thinking as a member of the board."

  • Claire’s expands global footprint with stores in Philippines, Costa Rica and Colombia

    Chicago -- Claire's Stores announced its recent entry into three new countries — Philippines, Costa Rica and Colombia — as well as new license agreements for Brazil, Scandinavia and the Balkans.

    Jim Fielding, CEO, stated: "We continue to identify expansion opportunities worldwide. Our franchise partners have opened stores in three new countries in 2013 and we expect to enter an additional three countries during the rest of the year. We are pleased with our progress to date and encouraged by the opportunities."

  • Target sets opening dates for 23 more Canadian stores

    Minneapolis -- Target Corporation will open 23 new stores in Canada this fall, including its first stores in Quebec and Nova Scotia, along with additional Ontario locations in Ottawa and surrounding area. Fourteen stores will open on Sept. 17, and nine on Oct. 18.

  • Report: Target to offer in-store pickup of online orders by holidays

    New York -- Target Corp. will follow the lead of several other retailers, including Walmart, and allow shoppers to pick up select goods ordered online in its stores, the Star Tribune reported.

    Target will introduce the service, referred to as Buy Online, Pick Up in Store (BOPS), in its hometown Minneapolis market and then expand it to all of its U.S. stores by Black Friday, according to the report.

  • Perkins Restaurant & Bakery expanding in Iowa and Nebraska

    Memphis -- Perkins Restaurant & Bakery announced a six-unit franchise development agreement in Iowa and Nebraska over the next six years.  

    The expanded development of the Iowa/Nebraska area was signed with Perkins franchisee CyHawk Hospitality Inc., which operates six Perkins Restaurants and Bakeries — five in Iowa and another in Independence, Mo.  
     
    The first of the six additional units opened in July in Ankeny, Iowa, to be followed by a location in Norfolk, Neb., slated to open in September.

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