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  • Stuart Weitzman promotes vice chair to CEO; plans new stores

     New York - Wayne Kulkin, former vice chairman of Stuart Weitzman, has been appointed CEO of the company, effective immediately. Kulkin will continue to report to Stuart Weitzman, executive chairman of Stuart Weitzman.

    "Wayne has been a true partner over the last 23 years,” said Weitzman. “His passion, creativity and business acumen have been essential in driving our growth across diverse channels, and I am confident that Wayne will be equally instrumental in his new role as CEO.”

  • Executive shakeup at Stuart Weitzman

    NEW YORK — Stuart Weitzman has named vice chairman Wayne Kulkin as the company’s CEO. Kulkin will continue to report to Stuart Weitzman, executive chairman.

    As CEO, Kulkin will focus on strategic global expansion and other growth opportunities for the Stuart Weitzman brand. In addition, Kulkin will assist with the selection of an executive team to support the brand's growth initiatives and develop a strategic roadmap for the future of the brand. 

  • Cabela’s improves throughput, lowers costs with robotic pallets

    Pittsburgh – Cabela’s Inc. has seen improvement in throughput and saved on operating costs since implementing the use of Seegrid’s unmanned robotic pallet trucks at its Wheeling, W.Va., distribution center in July 2010. The retailer has used Seegrid robots to reduce manned long haul transports, handle a high variety of product flow and provide flexibility to change routes.

  • Fresh & Easy acquired by Yucaipa; store closures on tap

    Los Angeles -- Grocery chain Fresh & Easy confirmed reports that its British parent Tesco LLC has sold the brand to private equity firm The Yucaipa Cos., following months of uncertainty about the 200+-unit chain’s future.

    Fresh & Easy posted on its website Tuesday that more than 4,000 jobs would be saved under the purchase agreement but that some stores will be closing. Specific stores have not been identified, and the terms of the agreement weren’t disclosed.

  • 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.

  • 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.

  • 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."

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