Distribution

Dallas -- 7-Eleven said Tuesday it will acquire the retail and wholesale assets of San Antonio-based TETCO, which includes company-operated convenience stores in Utah and the Dallas-Fort Worth, Austin and San Antonio areas of Texas.
Terms of the deal were not disclosed, and closing is expected in November. The acquisition also signals a return to San Antonio for 7-Eleven, where the company had operated stores until 1989.

Washington, D.C. -- Import cargo volume at the nation’s major retail container ports is expected to increase 6.3% in August, compared with the same month last year, and 2012 should show an increase of 4.8% over last year, according to the monthly Global Port Tracker report released Monday by the National Retail Federation and Hackett Associates.

The addition of new stores and a 3.8% same-store sales increase enabled Dick’s Sporting Goods to report record second-quarter results, so long as a botched investment in a leading U.K retailer is excluded.

Sale for the quarter ended July 28 increased 10% to $1.4 billion due primarily to a 3.8% comps increase combined with the addition of four new stores. The 3.8% increase consisted of a 2.9% increase at Dick’s Sporting Goods stores, a 4.4% increase at Dick’s Golf Galaxy stores and a 34.6% increase in the company’s e-commerce business.

Sharon, Pa. -- Casual-dining chain Quaker Steak & Lube said Monday it has opened its 50th restaurant in Lakewood, Ohio, and is on track to open 10 additional restaurants this year. The brand also will be expanding to six new markets with five franchise groups over the next several years.

"Over the past six months, we signed agreements to develop 11 new restaurants around the country, including three corporate locations in Texas," said John Longstreet, president and CEO.

New York -- Macy’s Inc. is rolling out a new order fulfillment system that lays the groundwork for same-day delivery services by leveraging the proximity of its physical store locations to its customers, according to a report on the Huffington Post.

To date, 280 stores have been outfitted to provide shipping services.

Online retail giants Amazon and eBay are moving in the same direction, the report said.
 

KING OF PRUSSIA, Pa. — TAGSYS RFID, a provider of item-level inventory management systems that streamline the supply chain, has expanded its U.S.-based organization in response to accelerating demand for smart inventory and loss management systems within the retail and luxury sectors.

Tony Dublino has been named director of U.S. Sales for retail and apparel and Chad Tripp is the new director of field applications engineering for TAGSYS in the United States.

ROANOKE, Va. — Advance Auto Parts reported an 8.2% decrease in its second quarter earnings per diluted share to $1.34 from $1.46 for the same period last year.

Dublin, Calif. -- Epicor Software Corp., a global provider of business software solutions for manufacturing, distribution, retail and services organizations, and Ace Hardware Corp., the largest retailer-owned hardware cooperative in the industry, announced an extended three-year agreement.

Under the arrangement, Epicor serves as Ace Hardware’s only recommended point of sale solution provider, with Epicor Eagle business management software offered to Ace’s retailer owners.