Skip to main content

Distribution

  • Staples swings to loss in Q3, beats estimates

    Framingham, Mass. -- Staples Inc. reported Wednesday a loss of $596.3 million for the third quarter, compared with a profit of $326.4 million a year earlier. Without restructuring costs, the office supply retailer generated a profit that just edged Wall Street expectations.

    Sales for the quarter dropped 2% to $6.35 billion, missing analysts’ expected $6.45 billion in sales.

  • Fast-growing Five Below secures second DC

    Specialty retailer Five Below doubled in size the past three years and now the company has secured a new distribution center to help it replicate that accomplishment going forward.

    The new 600,000-sq.-ft. facility in the northern Mississippi community of Olive Branch will become operational in 2013 and will complement the company’s existing distribution facility in Newark, De. Five Below is focused on teen and pre-teen customers and derives its name from a merchandise mix price at $5 or less.

  • 150 leases of Bakers and Wild Pair Shoes included in bankruptcy sale process

    New York -- GA Keen Realty Advisors, LLC of New York, a division of Great American Group has begun marketing leases for 150 Bakers and Wild Pair shoe store locations across the country.

  • Stop & Shop, parent company Ahold USA donate $2.5M for Hurricane Sandy cleanup and recovery efforts

    PURCHASE, N.Y. — The Stop & Shop Supermarket Company LLC and its parent company Ahold USA have donated $2.5 million to the American Red Cross to support Hurricane Sandy cleanup and recovery efforts. The money, which came from the companies and their charitable foundation, Our Family Foundation, will mainly go to the hardest hit areas in New Jersey, New York and Connecticut. Stop & Shop has also designated stores in New York and New Jersey as drop-off points for canned and packaged food.

  • Whole Food Q4 profit jumps nearly 50%

    Austin, Texas -- Whole Foods Market Inc. said Wednesday that its fiscal fourth-quarter profit increased nearly 50% on strong sales. The grocer’s company's net income rose to $112.7 million for the period ended Sept. 30, up from $75.5 million a year ago.

    Revenue rose nearly 24% to $2.91 billion, with an extra week in the most recent quarter. Same-store sales were up nearly 9%.

  • Report: Amazon packages for pick-up at Staples

    New York -- According to a Monday report by Reuters, Staples will install Amazon lockers inside its U.S. stores, providing consumers an alternative location to receive packages from the online retailer.

    According to the report, customers are sent an email code with a pickup code for opening the locker. Shoppers then have three days to retrieve the package.

     

  • P&G to provide showers, personal care kits and portable power to those impacted by Hurricane Sandy

    UNION BEACH, N.J. — In partnership with the American Red Cross, beginning Nov. 6, the P&G Mobile Relief Center will be stationed in Union Beach, N.J., to provide showers, personal care kits, household products — including Bounty, Charmin, Tide and Dawn — and baby products, including Pampers diapers and wipes, to victims of Hurricane Sandy, Procter & Gamble announced Monday. This service will be free to all victims, responders and their families.

  • Deloitte, CMO Compliance partner to help improve food, product safety

    NEW YORK — Deloitte has teamed up with software solutions provider, CMO Compliance to provide solutions to consumer product, food service, retail and distribution companies.

    The partnership will provide clients with a full suite of tools for risk management, the companies said.

X
This ad will auto-close in 10 seconds