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  • Exclusive: Impact of Hurricane Sandy on Retail Supply Chains

    New York -- Hurricane Sandy is likely to result in shipping delays and an increase in third-party carrier rates due to fuel shortages, according to Chris Merritt, VP/GM, retail supply chain solutions for Ryder.

    "While most retailers should have enough inventory for their regular replenishment items, we expect to see out-of-stock situations up and down the East Coast for promotional items retailers have ordered and advertised for Black Friday," Merritt said.

  • DSW acquires corporate headquarters and Columbus DC

    Columbus, Ohio -- DSW Inc. announced Thursday the acquisition of 810 AC LLC, which owns the corporate headquarters of DSW, as well as its 700,000-sq.-ft. distribution center and trailer lot on its home office campus in Columbus, Ohio.

    Purchase price was $72 million.

    The company recently completed the $15 million installation of an automatic sortation facility in the distribution center to support its size replenishment program.

     

  • Impact of Hurricane Sandy on Retail Supply Chains

    By Chris Merritt, Ryder

    Natural disasters like Hurricane Sandy are devastating. They impact people’s lives and livelihood. In addition, as we’ve learned from recent years, they can result in significant supply chain disruptions. Following the storm, we are seeing three issues impacting retail supply chains – power, fuel, and people.

  • Costco October sales up 9%

    ISSAQUAH, Wash. — Costco's sales for October rose 9% to $7.67 billion from $7.01 billion during the similar period last year.

    Total comps for the month increased 7%, consisting of a 7% increase in the United States, and a 9% increase internationally. Excluding the impact of fuel, U.S., international and total same-store sales increased by 5% each.

  • JDA and RedPrairie to merge

    Atlanta -- RedPrairie and JDA Software, providers of enterprise software and services for the extended supply chain, have entered into a definitive merger agreement. The combined entity will offer a broad portfolio of solutions and services to manage global supply chains -- from raw materials, to finished products, into the hands of consumers -- through any channel.
     

  • New Target coming to Chicago’s north side

    The opening of the first CityTarget in Chicago was a big deal this summer, but next fall an even bigger development is coming to an area just a few miles further north.

  • IIC-Intersport acquires 100% of The Athlete’s Foot

    Paris -- A Tuesday report by Women’s Wear Daily said that sporting goods retailer IIC-Intersport International Corp. will acquire 100% of The Athlete’s Foot, expanding Intersport’s presence to 63 countries from its current 41.

  • Report: DIY major players deploy truckloads of supplies

    New York -- A Tuesday report by the Wall Street Journal said that Home Depot and Lowe’s Cos. had deployed hundreds of truckloads of storm-recovery inventory Tuesday into areas impacted by Hurricane Sandy.

  • Walgreens launches recovery efforts, 500+ stores still closed

    Deerfield, Ill. -- Walgreens said Tuesday that it is beginning its recovery efforts in the wake of Hurricane Sandy. The retailer said that it is working to provide its stores with what they need to again serve customers in areas impacted by the storm.

    By noon ET on Tuesday, the number of Walgreens stores closed dropped to 530 with more re-opening by the hour, from a peak of about 750 stores closed during the height of the storm.

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