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  • Two new Nordstrom Racks in the works

    Seattle -- Nordstrom announced plans to open two new Nordstrom Rack stores, with one in Atlanta, at the Perimeter Expo shopping center, which is owned by Kimco Realty Corp., and the other in Naples, Fla., at The Mercato.

    The 36,000-sq,-ft. Atlanta store is scheduled to open in fall 2013. The 30,000-sq.-ft. Naples store is scheduled to open in fall 2013.

  • DSW taps VendorNet as omnichannel partner

    Boynton Beach, Fla. -- Designer Shoe Warehouse Inc., has selected VendorNet to provide ship-from-store and dropship management solutions.

    VendorNet, a wholly owned subsidiary of GSI Commerce, an eBay Inc. company, is a provider of cross-channel fulfillment and supply chain technology. DSW will use VendorNet’s StoreNet Live to implement omnichannel retail capabilities, including brick-and-mortar store fulfillment for online sales.

  • Logistics provider names new ops exec

    Frank McGuigan is the new EVP of operations at Transplace, a leading third party logistics provider.

    McGuigan joined Transplace in 2011 as SVP of contract logistics after the fast-growing, Dallas-based company acquired SCO Logistics where McGuigan served as president and CEO.

  • Owner of Mandee and Annie Sez files Chapter 11, citing impact of Superstore Sandy

    New York -- Big M Inc., which operates Mandee and Annie Sez stores, has filed for Chapter 11 bankruptcy protection. The New Jersey-based retailer cited the impact of Superstorm Sandy, which resulted in closures that affected its stores, corporate office and distribution center for more than a week. The company cited liabilities of between $50 million and $100 million, along with assets of the same amount.

  • Former footwear exec vaults over to Topo Athletic

    NEWTON, Mass. — Former Reebok and New Balance executive Chris Cohen has been named VP of sales at Topo Athletic.

    Founded in December 2012, Topo is a brand focused on designing innovative athletic gear that amplifies the natural mechanics of the human body. In his new role, Cohen will lead North American sales and sales operations for Topo.

  • Report: sale of Supervalu imminent

    NEW YORK — The breakup of Supervalu to private equity firm Cerberus Capital Management could be announced as soon as Thursday when Supervalu shares third-quarter results with analysts, according to a report in the Wall Street Journal published Friday.

    Bloomberg also reported that a deal between Cerberus and Supervalu was imminent. According to that Bloomberg report, Cerberus would lead an investment of around $500 million in equity.

  • Baker Katz completes sale of former Syms building

    Houston -- Houston-based X Team International partner Baker Katz said that it has completed the sale of the former Syms clothing store in Houston’s Westchase District.

    The 40,777-sq.-ft. building was sold to Tennis Express for an undisclosed amount. Tennis Express will relocate an existing store and consolidate off-site storage into the new location.
     

     

  • Software company hires home-builder purchasing exec

    Hyphen Solutions has appointed Ken Pinto, a former supply chain executive for Toll Bros. and other national home builders, as its VP supply chain.

    Pinto brings 21 years of supply chain management expertise to Hyphen's real estate and software management team. He most recently served as the director of supply chain at Toll Bros. and has held similar positions at Standard Pacific and Pulte Homes. Pinto also heads the Supply Chain Benchmark Group, which is a coalition of the purchasing leaders of some of the largest home builders in the United States.

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