Distribution

It is a good thing Target has been experimenting with smaller stores in the United States. The experience, limited as it is, will come in handy when the company begins opening stores in former Zellers locations in early 2013.

Between now and March 2013, when the first Target stores open in Canada, there is a whole lot of heavy lifting to be done at the retailer’s new headquarters in Mississauga, Ontario.

ROANOKE, Va. — Advance Auto Parts is raising its full year EPS outlook following an impressive 37% increase in third quarter earnings. According to Mike Norona, EVP and CFO, the company now expects its annual 2011 EPS outlook to be $4.90 to $4.95. For the third quarter, the cmpany reported that earnings per diluted share were $1.41 compared with $1.03 for the same period last year.

Seattle -- Starbucks Corp. announced Thursday plans to reinvent the $1.6 billion premium juice market with its all-cash purchase of San Bernadino, Calif.-based Evolution Fresh for $30 million.

The acquisition, which is part of a strategy to move beyond coffee into the health and wellness segment, gives Starbucks a path to open new health-and-wellness stores in the coming year, it said, although Starbucks has not yet revealed many stores it will open, their location or the name.

New York City -- Voters in the state of Washington on Tuesday approved a plan to privatize liquor sales, siding with Costco Wholesale Corp. in the costliest initiative campaign in state history, the Associated Press reported. The measure will end Washington's state-run liquor system, which was formed in the 1930s in the aftermath of Prohibition.

Washington, D.C. -- With most holiday season merchandise already on its way to store shelves, import cargo volume at the nation’s major retail container ports has started to decline for the fall, and November is forecast at 1.9% below the same month last year, according to the monthly Global Port Tracker report released Tuesday by the National Retail Federation and Hackett Associates.

WASHINGTON — A report released Tuesday by the National Retail Federation and Hackett Associates said that import cargo volume at the nation’s major retail container ports has started to decline for the fall, and November is forecast at 1.9% below the same month last year.

The decrease is attributed to the fact that most retailers already have their holiday season merchandise either on their shelves or en route to their stores. 

New York City -- Target Corp. is building a distribution center in Denton, Texas, the Dallas Business Journal reported.

The 360,000-sq.-ft. center is expected to open in March 2013.
 

Suffern, N.Y. -- Ascena Retail Group announced that John Sullivan has been appointed executive VP and COO.

In this newly created position, Sullivan will be responsible for information technology, distribution, and human resources information systems across all brands. Prior to joining the company, he served as executive VP and CIO for QVC.
 

Wayne, N.J. — Toys"R"Us has named the leadership team for its retail business operations in Southeast Asia and Greater China, following the recent announcement of its new joint venture agreement with Li & Fung Retailing. With this agreement, the existing Toys “R” Us business operations in the region, which had previously been licensed, are now majority owned and controlled by Toys “R” Us.